Borrowing Base Valuation Date definition

Borrowing Base Valuation Date means (a) August 31, 2021, and (b) the date of each Borrowing Base Report provided to Administrative Agent thereafter.
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Examples of Borrowing Base Valuation Date in a sentence

  • Thus, it is unambiguous that the parties intended for the Borrower to prepare and submit Borrowing Base Certificates that would establish what the Borrowing Base would be for each applicable Borrowing Base Valuation Date (i.e., the end of each month).

  • Borrower will have delivered to Administrative Agent a Draw Request for such Revolving Loan and a Borrowing Base Report with a Borrowing Base Valuation Date no more than 3 Business Days prior to the date the Credit Extension is to be made by Lenders or Issuing Bank.

  • The Borrowing Base will be determined as of each Borrowing Base Valuation Date by determining the Asset Value of the Eligible Assets owned by Borrower or a Subsidiary Guarantor depending upon the classification of such Eligible Asset, subject, in each case, to the limitations set forth below.

  • Fractionation of the extract with silica gel column chromatography (Hexane: CHCl3 ) resulted in seven sections A- G and the activity of each fraction was tested in vitro against the epimastigotes of T.

  • The Borrowing Base will be determined as of each Borrowing Base Valuation Date by determining the Asset Value of the Unrestricted Cash and Eligible Assets directly owned by Borrower or a Restricted Subsidiary that is a Guarantor or Restricted Affiliate that is a Guarantor, depending upon the classification of such Eligible Asset, subject, in each case, to the limitations set forth below.

  • Not less than five (5) Business Days before the Revolving Loan is to be made, Agent shall have received a current Borrowing Base Certificate dated as of the latest Borrowing Base Valuation Date and computed as if the requested Revolving Loan had been made on such date.

Related to Borrowing Base Valuation Date

  • 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.

  • Borrowing Base Availability means, at the time of any determination, an amount equal to the lesser of the Borrowing Base at such time and the aggregate amount of the Commitments at such time.

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

  • 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.

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

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

  • FX Valuation Date means the FX Calculation Date immediately following the respective Valuation Date.

  • MFP Valuation Date means the MFP Settlement Valuation Date;

  • Scheduled Valuation Date means any original date that, but for the occurrence of an event causing a Disrupted Day, would have been a Valuation Date.

  • Interest Valuation Date means each date set out in the table below in the column entitled “Interest Valuation Dates”.

  • ST Valuation Date means the Redemption Valuation Date.

  • 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.

  • Final Valuation Date means the Final Valuation Date as specified in § 1 of the Product and Underlying Data. If the Final Valuation Date is not a Calculation Date the immediately following Banking Day which is a Calculation Date shall be the Final Valuation Date.

  • Canadian Borrowing Base means at any time an amount equal to the sum of the Dollar Equivalent of, without duplication:

  • Exercise Valuation Date means the first Scheduled Trading Day of the month following the expiry of 35 calendar days after the Exercise Date. For the avoidance of doubt, the 35 calendar day period is mandatory and non-waivable by either the Issuer or the Holder.

  • Call Valuation Date means the first Scheduled Trading Day of the month following the expiry of 35 calendar days after the Issuer’s Call Date. For the avoidance of doubt, the 35 calendar day period is mandatory and non- waivable by either the Issuer or the Holder.