Borrowing Base Entities definition

Borrowing Base Entities means a collective reference to all of them.

Borrowing Base Entities means, collectively, each Property Owner and Operating Lessee of a Borrowing Base Property.

Borrowing Base Entities means (i) the Borrower and the Guarantor Subsidiaries and (ii) the Operating Joint Ventures.

Examples of Borrowing Base Entities in a sentence

• None of the improvements or fixtures on any Borrowing Base Property is located in an area as identified by the Federal Emergency Management Agency as an area having special flood hazards except for those Borrowing Base Properties for which Borrower has purchased, or has caused the applicable Borrowing Base Entities to purchase, flood insurance in form and substance reasonably acceptable to Administrative Agent, other than the outbuildings relating to the golf course at Marriott Lincolnshire.

• Borrower shall keep and maintain, and cause the applicable Borrowing Base Entities to keep and maintain, the Borrowing Base Properties and every part thereof in good condition and repair, subject to ordinary wear and tear, and, subject to Excusable Delays and the provisions of this Agreement with respect to damage or destruction caused by casualty events or Takings, shall not permit or commit any waste, impairment, or deterioration of any portion of the Borrowing Base Properties in any material respect.

• Borrower further covenants to do, and to cause the applicable Borrowing Base Entities to do, all other acts which from the character or use of the Borrowing Base Properties may be reasonably necessary to protect the security hereof, the specific enumerations herein not excluding the general.

• Borrower shall not remove or demolish, or permit the applicable Borrowing Base Entities to remove or demolish, any Improvement on the Borrowing Base Properties except as the same may be necessary in connection with an Alteration or a restoration in connection with a Taking or casualty, or as otherwise permitted herein, in each case in accordance with the terms and conditions hereof.

• Each of the Borrowing Base Entities and the Non-Borrowing Base Property Owners has fee simple title to, or leasehold interests in, all its Real Property and personal property material to its business, subject only to Permitted Encumbrances, Liens securing Indebtedness to the extent not prohibited hereunder, and other defects in title that, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect.

More Definitions of Borrowing Base Entities

Borrowing Base Entities means (i) the Borrower and the Guarantor Subsidiaries and (ii) the Operating Joint Ventures. “Borrowing Base Properties” means the Oil and Gas Properties from time to time included in the most recent Engineering

Borrowing Base Entities means Borrower, RWG and Gulf States.

Borrowing Base Entities. BGS and Baldwin Kansa.

Borrowing Base Entities means Borrower and Blue Heel.

Borrowing Base Entities means collectively, the Borrower and ----------------------- the Guarantor.

Borrowing Base Entities means Borrower, Ascent, Ascent WV, Ascent LA, Dyne, Gulf States, OBEC, Pontotoc Gathering, PPC, RAM Energy, RWG and SLPH. “Borrowing Base Proved Undeveloped Reserve Capital Expenditure Adjustment” means an amount equal to $25,000,000 less the cash proceeds paid from the Closing Date forward to fund development capital expenditures of a Borrowing Base Entities’ Proved Undeveloped Reserves; provided that in no case shall the Borrowing Base Proved Undeveloped Reserve Capital Expenditure Adjustment amount be less than $0.

Borrowing Base Entities means collectively, the Borrower and the Guarantor (but only for so long as Guarantor is a Consolidated Subsidiary of Borrower) and is controlled, directly or indirectly, by Borrower). The term “control” means the possession, directly or indirectly, of the power, alone, to direct or cause the direction of the management and policies of a Person, whether through the ownership of voting securities, by contract, or otherwise.