Borrowing Base Loan Parties definition

Borrowing Base Loan Parties means BRF Finance Co., LLC, BRF Investments, LLC, X. Xxxxx Brand Management, LLC and any Subsidiaries thereof other than any Specified Excluded Subsidiary.
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Borrowing Base Loan Parties means domestic and Canadian Loan Parties.
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Borrowing Base Loan Parties means the REIT, the Borrower, each Borrowing Base Holdco, each Intermediate Holdco and each Borrowing Base Entity.
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Examples of Borrowing Base Loan Parties in a sentence

  • Base Party to a supplier, vendor or other Person, whether for cash, credit or otherwise, unless (a) such return is in the Ordinary Course of Business; (b) no Default or Overadvance exists or would result therefrom; and (c) the Administrative Agent is promptly notified if the aggregate Value of all Inventory returned in any month by the Borrowing Base Loan Parties exceeds $7,500,000.

  • Not return any Inventory of a Borrowing Base Party to a supplier, vendor or other Person, whether for cash, credit or otherwise, unless (a) such return is in the Ordinary Course of Business; (b) no Default or Overadvance exists or would result therefrom; and (c) the Administrative Agent is promptly notified if the aggregate Value of all Inventory returned in any month by the Borrowing Base Loan Parties exceeds $7,500,000.

  • The Borrowing Base Loan Parties shall, within ten (10) Business Days after the end of each fiscal quarter of the Parent ending on or after the Borrowing Base Value Adjustment Date, deliver to the Administrative Agent a Valuation Report, dated as of a date no earlier than ten (10) days prior to the date of such delivery, with respect to each Investment Property included in the calculation of the Borrowing Base Amount at such time.

  • On the Effective Date and after giving effect to the Loans occurring on the Effective Date or such other date as Loans requested hereunder are made, and the disbursement of the proceeds of such Loans pursuant to the Borrower’s instructions, the Borrowing Base Loan Parties are and will be Solvent on a consolidated basis.

  • As to each Rental Tool that is identified by the Domestic Borrowing Base Loan Parties and the Canadian Borrowing Base Loan Parties as Eligible Rental Tools in a Borrowing Base Certificate submitted to Agent, such Rental Tool is (a) of good and merchantable quality, free from known defects, and (b) not excluded as ineligible by virtue of one or more of the excluding criteria (other than any Agent-discretionary criteria) set forth in the definition of Eligible Rental Tools.

  • The proceeds of the Loans will be used only (a) to purchase or lease Real Property or other assets pursuant to investment guidelines of the REIT, (b) for operating expenses, capital improvements, equity investments, acquisitions, repayments of indebtedness working capital and debt service for the Borrowing Base Loan Parties and their subsidiaries and (c) for other general corporate purposes.

  • Attached hereto as Schedule 3.24 is a schedule of all Deposit Accounts and Securities Accounts maintained by the Ultimate Parent, the Borrower and the Borrowing Base Loan Parties as of the Closing Date.

  • None of the Borrowing Base Loan Parties or any of their respective subsidiaries have issued any unregistered securities in violation of the registration requirements of Section 5 of the Securities Act of 1933 (as amended from time to time) or any other law, nor are they in violation of any rule, regulation or requirement under such act, or the Securities Exchange Act of 1934 (as amended from time to time) other than violations which could not reasonably be expected to have a Material Adverse Effect.

  • As to each item of Inventory that is identified by the Borrowing Base Loan Parties as Eligible Finished Goods Inventory or Eligible Work-in-Process Inventory in a Borrowing Base Certificate submitted to Agent, such Inventory is (a) of good and merchantable quality, free from known defects, and (b) not excluded as ineligible by virtue of one or more of the excluding criteria (other than any Agent-discretionary criteria) set forth in the definition of Eligible Inventory.

  • The Borrower will, and will cause each of the other Borrowing Base Loan Parties to, promptly upon request by the Administrative Agent or the Required Lenders, execute any and all further documents, agreements and instruments, and take all such further actions which may be required under any Applicable Law, or which either the Administrative Agent or the Required Lenders may reasonably request, to effectuate the Transactions, the reasonable expenses of which shall be paid by the Borrower.


More Definitions of Borrowing Base Loan Parties

Borrowing Base Loan Parties means, collectively, the Domestic Borrowing Base Loan Parties, the Canadian Borrowing Base Loan Parties, the BVI Borrowing Base Loan Parties, the UK Borrowing Base Loan Parties, the German Borrower, the Norwegian Borrowing Base Loan Parties and the Swiss Borrower.
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Related to Borrowing Base Loan Parties

  • Borrowing Base Assets means a collective reference to all Borrowing Base Assets in existence at any given time.

  • Canadian Loan Parties means Borrower and the Canadian Guarantors.

  • Domestic Borrowing Base means, at any time of calculation, an amount equal to:

  • Borrowing Base means, at any time of calculation, an amount equal to:

  • Borrowing Base Value means, with respect to any Oil and Gas Property of a Credit Party or any Swap Agreement in respect of commodities, the value the Administrative Agent attributed to such asset in connection with the most recent determination of the Borrowing Base as confirmed by Required Lenders.

  • Canadian Borrowing Base means, at any time, an amount in Dollars equal to:

  • Borrowing Base Report means a Borrowing Base Report for the Borrower signed by an Authorized Signatory of the Borrower and in substantially the form of Exhibit D attached hereto.

  • Borrowing Base Properties means the Oil and Gas Properties of the Loan Parties included in the Initial Reserve Report and thereafter in the most recently delivered Reserve Report delivered pursuant to Section 8.12.

  • U.S. Borrowing Base means, as of any date of determination, the result of:

  • Loan Parties means, collectively, the Borrower and each Guarantor.

  • Canadian Loan Party means any Loan Party incorporated or otherwise organized under the laws of Canada or any province or territory thereof.

  • Revolving Loan Availability means, at any time, the Revolving Loan Limit minus the Revolving Loan Outstandings.

  • Aggregate Borrowing Base means the aggregate amount of the U.S. Borrowing Base and the Canadian Borrowing Base; provided that the maximum amount of the Canadian Borrowing Base which may be included in the Aggregate Borrowing Base is the Canadian Sublimit.

  • Proposed Borrowing Base has the meaning assigned to such term in Section 2.07(c)(i).

  • Domestic Loan Party means any Loan Party organized under the laws of any state of the United States of America or the District of Columbia.

  • U.S. Loan Parties means, collectively, the Parent Borrower and the U.S. Subsidiary Guarantors.

  • Borrowers each has the meaning specified in the introductory paragraph hereto.

  • New Borrowing Base Notice has the meaning assigned such term in Section 2.07(d).