Borrowing Base Determination Date definition

Borrowing Base Determination Date means each date on which the Borrowing Base is certified in writing to the Administrative Agent, which shall occur as follows:

Borrowing Base Determination Date means each date on which the Borrowing Base is certified in writing to the Administrative Agent, as follows:

Borrowing Base Determination Date means any date the Borrowing Base is determined in accordance with Section 2.14.

Examples of Borrowing Base Determination Date in a sentence

• The Borrower is in compliance (circle yes or no) yes/no -5- EXHIBIT A TO SCHEDULE I TO AVAILABLE AMOUNT CERTIFICATE OF MONMOUTH REAL ESTATE INVESTMENT CORPORATION This Exhibit A is attached to the Available Amount Certificate of Monmouth Real Estate Investment Corporation for the Borrowing Base Determination Date of ________, 20___, and delivered to Bank of Montreal, as Administrative Agent, and the Lenders party to the Credit Agreement referred to therein.

• Upon notice to the Company, the Borrowing Base shall be redetermined for each succeeding Borrowing Base Period on each Scheduled Borrowing Base Determination Date, and each such redetermination shall be effective as of the date set forth in such notice of redetermination.

• A MULTIPLIED BY FOUR (4) C DIVIDED BY B $ 6.25% $ $ $ 6.25% $ $ $ 6.25% $ $ $ 6.25% $ $ TOTAL: $ -6- EXHIBIT B TO SCHEDULE I TO AVAILABLE AMOUNT CERTIFICATE OF MONMOUTH REAL ESTATE INVESTMENT CORPORATION This Exhibit B is attached to the Available Amount Certificate of Monmouth Real Estate Investment Corporation for the Borrowing Base Determination Date of ________, 20___, and delivered to Bank of Montreal, as Administrative Agent, and the Lenders party to the Credit Agreement referred to therein.

More Definitions of Borrowing Base Determination Date

Borrowing Base Determination Date means any date the Borrowing Base is --------------------------------- determined in accordance with Section 2.14.

Borrowing Base Determination Date shall have the meaning assigned to such term in Section 2.05(b).

Borrowing Base Determination Date means each of the following dates: (i) the last day of each Settlement Period, (ii) each Take-Out Date and (iii) each Delivery Date.

Borrowing Base Determination Date means the last day of each calendar month.

Borrowing Base Determination Date means each date on which the Borrowing Base is certified in writing to the Administrative Agent, which shall occur as

Borrowing Base Determination Date means (i) the last day of each calendar month and (ii) one such other date each calendar month as to which the Borrower provides to the Administrative Agent a Borrowing Base Certificate and requests a determination of the Borrowing Base.

Borrowing Base Determination Date means any of the following dates on which the Borrowing Base Calculation Result is required to be measured by Lender: (i) the last day of each Fiscal Quarter occurring during the Credit Period, (ii) the closing of the sale or other disposition of each 100% Property, (iii) the closing of any 100% Property Refinancing, (iv) the acquisition or other event which results in the Borrower owning a 100% Unencumbered Property, for which it has had partial or full ownership for a minimum of one complete Fiscal Quarter, that is intended by Borrower and Lender to become an Enhanced Collateral Property, and (v) upon each borrowing request.