Examples of U.S. Borrowing Base in a sentence

The Aggregate Borrowing Base and the US Borrowing Base at any time shall be determined by reference to the most recent Aggregate Borrowing Base Certificate and each other Borrowing Base Certificate delivered to the Administrative Agent pursuant to Section 5.01(f) of this Agreement; provided that during a Reporting Reserve Period, the US Borrowing Base may, in the Permitted Discretion of the Administrative Agent, or shall at the direction of the Required Lenders, be reduced by the Reporting Reserve.
The Administrative Agent may, in its Permitted Discretion, adjust Reserves used in computing the Aggregate Borrowing Base and the US Borrowing Base, with any such changes to be effective three Business Days after delivery of notice thereof to the Borrower Representative and the Lenders.

More Definitions of U.S. Borrowing Base

U.S. Borrowing Base means, as of any date of determination by Agent, from time to time, an amount equal to the sum at such time of:

U.S. Borrowing Base means, as of any date of determination, from time to time, as to the U.S. Credit Parties, an amount equal to the sum at such time of:

U.S. Borrowing Base means, at any time, an amount in Dollars equal to:

U.S. Borrowing Base means, as of any date of calculation, the amount calculated consistent with the Borrowing Base Certificate most recently delivered to the Administrative Agent hereunder equal to, without duplication, the sum of:

U.S. Borrowing Base means, at any time, as to US Borrowers, the amount equal to:

U.S. Borrowing Base means, at any time, the sum of: