RE Borrowing Base Amount has the meaning specified in clause (c) of the definition of “Tranche A Borrowing Base”.
Borrowing Base Amount means:
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.
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 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.
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 means, at any time of calculation, an amount equal to:
Borrowing Base Deficit means, at any time of determination, the amount, if any, by which (a) the Aggregate Capital at such time, exceeds (b) the Borrowing Base at such time.
Borrowing Base Assets means a collective reference to all Borrowing Base Assets in existence at any given time.
New Borrowing Base Notice has the meaning assigned such term in Section 2.07(d).
Canadian Borrowing Base means, at any time, an amount in Dollars equal to:
Borrowing Base Deficiency means, at any date on which the same is determined, the amount, if any, that (a) the aggregate Covered Debt Amount as of such date exceeds (b) the Borrowing Base as of such date.
Foreign Borrowing Base means, as of any date, an amount equal to:
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.
Proposed Borrowing Base has the meaning assigned to such term in Section 2.07(c)(i).
Adjusted Borrowing Base means the Borrowing Base minus the aggregate amount of Cash and Cash Equivalents included in the Borrowing Base.
Borrowing Availability means as of any date of determination the Maximum Amount less the sum of (i) the Revolving Loan and Swing Line Loan then outstanding and (ii) the Reserves as then in effect.
Proposed Borrowing Base Notice has the meaning assigned to such term in Section 2.07(c)(ii).
Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances Outstanding.
Overadvance Amount has the meaning specified therefor in Section 2.4(f).
Borrowing Base Utilization Percentage means, as of any day, the fraction expressed as a percentage, the numerator of which is the sum of the Revolving Credit Exposures of the Lenders on such day, and the denominator of which is the Borrowing Base in effect on such day.
Revolving Loan Availability means, at any time, the Revolving Loan Limit minus the Revolving Loan Outstandings.
Maximum Revolving Advance Amount means $25,000,000.
Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.
Available Facility Amount shall have the meaning specified in paragraph 2B(1).