Proposed Conforming Borrowing Base definition

Proposed Conforming Borrowing Base has the meaning assigned to such term in Section 2.07(c)(i).
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Proposed Conforming Borrowing Base means any Conforming Borrowing Base proposed by the Administrative Agent pursuant to Section 2.07(c)(i).
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Examples of Proposed Conforming Borrowing Base in a sentence

  • If at the end of such fifteen (15) days, any Lender has not communicated its approval or disapproval in writing to the Administrative Agent, such silence shall be deemed to be an approval of the Proposed Borrowing Base or, as applicable, the Proposed Conforming Borrowing Base.

  • Upon receipt of the Proposed Borrowing Base Notice, each Lender shall have fifteen (15) days to agree with the Proposed Borrowing Base or disagree with the Proposed Borrowing Base or, as applicable, agree with the Proposed Conforming Borrowing Base or disagree with the Conforming Borrowing Base, by proposing an alternate Borrowing Base or alternate Conforming Borrowing Base.

  • In no event shall the Proposed Borrowing Base or Proposed Conforming Borrowing Base exceed the Aggregate Maximum Credit Amounts.

  • In no event shall the Proposed Borrowing Base or the Proposed Conforming Borrowing Base exceed the Aggregate Maximum Credit Amount.

  • If, in the case of any Proposed Borrowing Base or Proposed Conforming Borrowing Base that would decrease or maintain the Borrowing Base or the Conforming Borrowing Base, as applicable, then in effect, at the end of such fifteen (15) days, any Lender has not communicated its approval or disapproval in writing to the Administrative Agent, such silence shall be deemed to be an approval of the Proposed Borrowing Base and the Proposed Conforming Borrowing Base, as applicable.

  • If at the end of the 14 days, any Lender has not communicated its approval or disapproval to the Administrative Agent, such silence shall be deemed to be an approval of the Proposed Borrowing Base and Proposed Conforming Borrowing Base.

  • Upon receipt of the Proposed Borrowing Base Notice, each Lender shall have 15 days to agree with the Proposed Borrowing Base and the Proposed Conforming Borrowing Base (if applicable) or disagree with the Proposed Borrowing Base or the Proposed Conforming Borrowing Base by proposing an alternate Borrowing Base or Proposed Conforming Borrowing Base, as the case may be.

  • If, at the end of such 15 days, any Lender has not communicated its approval or disapproval in writing to the Administrative Agent, such silence shall be deemed to be an approval of the Proposed Borrowing Base and the Proposed Conforming Borrowing Base (if applicable).

  • Upon receipt of the Proposed Borrowing Base Notice, each Lender shall have fifteen (15) days (A) to agree with the Proposed Conforming Borrowing Base or disagree with the Proposed Conforming Borrowing Base by proposing an alternate Conforming Borrowing Base based solely upon its application of its Conforming Credit Criteria and (B) if applicable, to agree with the Proposed Borrowing Base or disagree with the Proposed Borrowing Base by proposing an alternate Borrowing Base.

  • Upon receipt of the Proposed Borrowing Base Notice, each Lender shall have fifteen (15) days to agree with the Proposed Borrowing Base or disagree with the Proposed Borrowing Base or, as applicable, agree with the Proposed Conforming Borrowing Base or disagree with the Proposed Conforming Borrowing Base, by proposing an alternate Borrowing Base (an “Alternate Borrowing Base”) or alternate Conforming Borrowing Base (“Alternate Conforming Borrowing Base”).