Borrowing Base Loans definition

Borrowing Base Loans means, as of any date of determination, all Timeshare Loans that are Eligible Timeshare Loans on such date and owned directly by the Issuer and pledged to the Indenture Trustee pursuant to the Indenture and Servicing Agreement or a Supplemental Grant.
Borrowing Base Loans means, at any time, the sum of (a) the aggregate of the principal balances of the outstanding Advances, (b) the aggregate of the principal balances of the outstanding Term Loans, and (c) the aggregate of the face amounts of the outstanding Letters of Credit. Section 2.10(d) is amended to read as follows:
Borrowing Base Loans means, the loans made to or for the benefit of Borrowers by Lenders or, at Agent’s option, by Agent for the ratable account of Lenders, on a revolving basis pursuant to the terms hereof (involving advances, repayments and readvances) as set forth in Section 3.1 hereof.

Examples of Borrowing Base Loans in a sentence

  • Collectively, (a) the Borrowing Base Properties and (b) the Borrowing Base Loans.

  • All Borrowing Base Loans complied with all applicable usury laws in effect at its date or origination.

  • Such Services include: The Consultant shall perform the Services according to the following schedule:___ The Consultant agrees that time is of the essence in the performance of this Agreement.

  • The Borrowing Base Availability attributable to Borrowing Base Loans.

  • The initial Borrowing Base Loans (the “Initial Borrowing Base Loans”) are identified on Schedule 1.2 attached hereto, and are hereby approved by the Agent and the Lenders.

  • With respect to all Borrowing Base Assets included in the calculation of the Borrowing Base Availability, the ratio (expressed as a percentage) of (a) the sum of (i) total interest received on the Borrowing Base Loans for the trailing twelve (12) month period plus (ii) the Adjusted Net Operating Income from the Borrowing Base Properties divided by (b) outstanding principal balance of Revolving Credit Loans, Swing Loans and Letter of Credit Liabilities.

  • To the extent that the terms of the documents heretofore evidencing the Borrowing Base Loans, Real Estate Loans or Wholesale Floor Plan Loans are inconsistent with the terms hereof, or if any contemporaneous or subsequent documents evidencing said loans are inconsistent with the terms hereof, the terms of this Agreement shall control.

  • There were no large deviations observed for the PFA non-maturing component, the 95% B.C.I. of the residual differences in the log of the PFA’s all contained zero (Figure 2.3.2.2).

  • The second part involved the participants being put into pairs to perform a matching task (adapted from Clark & Wilkes-Gibbs 1986) which required them to match geometric tangram figures by describing them verbally.

  • Borrowing Base: Loans made under the Revolving Facility will be subject to a reasonable borrowing base with standard advance rates to be agreed to between the Borrower and the Administrative Agent.


More Definitions of Borrowing Base Loans

Borrowing Base Loans shall have the meaning set forth in the Revolving Loan Agreement.
Borrowing Base Loans means the Portfolio Loans which are Eligible Investments.
Borrowing Base Loans means the Borrowing Base Loans made by Lender to Borrowers pursuant to subsection 2.1A. ``Borrowing Orders'' means the Interim Order and the Final Order.
Borrowing Base Loans means, at any time, the aggregate amount of outstanding Advances and Letters of Credit.

Related to Borrowing Base Loans

  • 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.

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

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

  • 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.

  • Borrowing Base Amount means:

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

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

  • Borrowing Base Availability as of any date, the lesser of (a) the Commitments minus the Outstanding Amount and (b) the excess, if positive, of the Borrowing Base calculated in the most recently delivered Borrowing Base Certificate minus the Borrowing Base Debt on such date.

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

  • Foreign Borrowing Base means, as of any date, an amount equal to:

  • Borrowing Base Assets means any Loan Party’s Inventory and Receivables and other assets directly related thereto, including documents, instruments, general intangibles, deposit accounts and the proceeds of all of the same.

  • Borrowing Availability means as of any date of determination the lesser of (i) the Maximum Amount and (ii) the Borrowing Base, in each case, less the sum of the Revolving Loan and Swing Line Loan then outstanding.

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

  • Revolving Advances means Advances made other than Letters of Credit.

  • Borrowing Base Test means as of any date, a determination that (a) the lesser of (i) the Borrowing Base and (ii) the Facility Amount shall be equal to or greater than (b) the Advances Outstanding.

  • 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.

  • Adjusted Borrowing Base means the Borrowing Base minus the aggregate amount of Cash and Cash Equivalents included in the Borrowing Base.

  • Revolving Credit Availability means, at any particular time, the amount by which the Maximum Revolving Credit Amount at such time exceeds the Revolving Credit Obligations at such time.

  • Borrowing Base Report means a report in substantially the form of Exhibit E (or such other form approved by Administrative Agent) certified by a Responsible Officer of Borrower.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.

  • Overadvance Loan means a Base Rate Loan made when an Overadvance exists or is caused by the funding thereof.

  • Revolving Availability means, at the time of determination, (a) the sum of all Revolving Commitments at such time less (b) the sum of the principal amount of Revolving Loans made and outstanding at such time.

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

  • Borrowing Base Property means any one of the Borrowing Base Properties.