German Borrowing Base definition

German Borrowing Base means, for each German Borrower at any time, an amount equal to the sum of the Dollar Equivalent of, without duplication:

German Borrowing Base means, with respect to the German Loan Parties at any time, subject to the Eligibility Adjustment Principles and Borrowing Base Acquisition Adjustment Principles, the amount (expressed as a U.S. Dollar Equivalent amount) equal to:

German Borrowing Base the Dollar Equivalent sum of the following, as set forth in the most recently delivered Borrowing Base Certificate by such German Borrower:

Examples of German Borrowing Base in a sentence

• The German Borrowing Base shall set forth the calculation of the German Borrowing Base in each of British Pounds, Swiss Francs, Dollars and Euros and the Dollar Equivalent thereof along with the Exchange Rate used to determine such Dollar Equivalent.

• German Overadvance Loan Balance: on any date, the amount by which the aggregate German Revolver Exposure exceeds the amount of the German Borrowing Base on such date.

• Any Protective Advance may be made in a principal amount that would cause the aggregate German Revolving Credit Exposure to exceed the German Borrowing Base or the aggregate Maltese Revolving Credit Exposure to exceed the Maltese Borrowing Base, but only to the extent permitted by clause (d) of the definition of “Protective Advances”; provided that, after giving effect to such Protective Advance, the aggregate Revolving Credit Exposure shall not exceed the Aggregate Revolving Credit Commitments.

• We solve for the equilibrium (𝜋∗, 𝜏∗), known as the Stackelberg equilibrium, with an exhaustive search over𝑃𝑜 and 𝑆.

• If the aggregate German Revolver Loans exceed the German Borrowing Base (a “German Overadvance”) at any time, the excess amount shall be payable by the German Borrower on demand by Agent, but all such German Revolver Loans shall nevertheless constitute German Facility Obligations secured by the German Facility Collateral.

More Definitions of German Borrowing Base

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

German Borrowing Base means, at any time, the sum of

German Borrowing Base means, as of any Borrowing Base Reporting Date, an amount equal to:

German Borrowing Base means, as of any date of determination, the Dollar Equivalent of:

German Borrowing Base means, at any time, in relation to each German Borrower, 85% of that German Borrower’s Eligible Accounts at such time minus Reserves.

German Borrowing Base. German Collateral Instrument Fees", "German Collateral Instruments", "German Facility Reserve", "German Guaranty", "German Lender", "German Loan Agreement", "German Loan Documents", "German Loans", "German Maximum Drawing Amount", "German Obligations", "German Outstandings", "German Reimbursement Obligations", "German Risk Participation Fee", "German Unpaid Reimbursement Obligations", "Second Amendment" and "Second Amendment Effective Date":

German Borrowing Base. In the case of any German Borrower, the "Borrowing Base" of such German Borrower, for this purpose as the term Borrowing Base is defined in the German Loan Agreement."