Borrowing Bases definition

Borrowing Bases means, collectively, the Borrowing Base (Aggregate), the Borrowing Base (CAD), the Borrowing Base (EUR) and the Borrowing Base (GBP).

Borrowing Bases means, collectively, the Cdn. Borrowing Base and the US Borrowing Base and "Borrowing Base" means either one of them.

Borrowing Bases means the U.S. Borrowing Base and the Canadian Borrowing Base.

Examples of Borrowing Bases in a sentence

• The preceding sentence shall not derogate from the ability of the Borrowers to borrow under the Seasonal Facilities in excess of the Borrowing Bases in accordance with the terms of this Agreement.

• At any time that the Administrative Agent reasonably requests, each Loan Party will, and will cause each Subsidiary to, permit, upon reasonable prior notice and during normal business hours, the Administrative Agent to conduct a field examination to ensure adequacy of Collateral included in the Borrowing Bases and related reporting and control systems.

• At the time any Borrowing Base Certificate is delivered pursuant to this Agreement, each Account and each item of Inventory included in the calculation of each of the Borrowing Bases satisfies all of the criteria stated herein (or of which the Administrative Borrower has hereafter been notified by the Administrative Agent under Section 2.21) to be an Eligible Account and an item of Eligible Inventory, respectively.

• For purposes of this Section 2.3(e)(i), the relevant Borrowing Bases will be determined as of each day by the Administrative Agent in connection with the calculation of the U.S. Usage and the Canadian Usage, as applicable, based upon the most recent Borrowing Base Certificate delivered by the Borrower Representative, subject to adjustment by the Administrative Agent in its Permitted Discretion in accordance with this Agreement.

• If all or a portion of the expected remaining Pool Proceeds are not received in the Cash and Collateral Account on or before the time at which the Borrowing Base is first prepared on the next Business Day, the Gestation Mortgage Loans related to the expected remaining Pool Proceeds will remain in the Borrowing Bases as long as they remain eligible.

More Definitions of Borrowing Bases

Borrowing Bases means the Tranche A Borrowing Base and the Tranche A-1 Borrowing Base.

Borrowing Bases means, collectively, the Tranche A Borrowing --------------- Base, the Tranche B Borrowing Base, the Tranche C Borrowing Base, the Tranche D Borrowing Base, the Tranche E Borrowing Base, and the Tranche F Borrowing Base, or any lesser combination thereof, as the context may require.

Borrowing Bases shall have the meaning given to such term in the First Lien Credit Agreement as of the Second Amendment Closing Date or as modified after the Second Amendment Closing Date.

Borrowing Bases means the Revolving A Borrowing Base and the Revolving B Borrowing Base.

Borrowing Bases shall have the meaning provided in the ABL Credit Agreement as in effect on the SecondFifth Amendment Effective Date.

Borrowing Bases means a collective reference to the U.S. Borrowing Base and the Canadian Borrowing Base.

Borrowing Bases. Collectively, the Aggregate Borrowing Base, the Canadian Dollar Borrowing Base, the Dollar Borrowing Base, the Euro Borrowing Base and the GBP Borrowing Base.