Aggregate Borrowing Base Sample Clauses

Aggregate Borrowing Base. At the relevant time of reference thereto, an amount determined by the Administrative Agent by reference to the most recent Borrowing Base Report, as adjusted pursuant to the provisions below, which is equal to the sum of:

Aggregate Borrowing Base. As of any date of determination, an amount equal to (i) the Tranche A Borrowing Base (without giving effect to clause (a) thereof), plus (ii) Tranche A-1 Borrowing Base (without giving effect to clause (a) thereof), in each case of clauses (i), and (ii) hereof, including all component definitions thereof, (x) as defined in the Revolving Credit Agreement as in effect on the date hereof and, at any time on or after the Restatement Effective Date, the Revolving Credit Agreement as in effect on the Restatement Effective Date and (y) based upon the most recent Borrowing Base Certificate received by the Revolving Credit Agent prior to the funding of loans and advances by a Revolving Credit Secured Party or the issuance, renewal or amendment of a Letter of Credit by an applicable Issuing Bank. Aggregate Borrowing Base Formula. At any time, the formula used in determining the Aggregate Borrowing Base at such time.

Aggregate Borrowing Base. Eligible Mortgage Loans (Mortgage Collateral Value): Eligible Delivered Mortgages $______________ Eligible AP Mortgages $______________ Eligible Pledged Securities (MBS Value) $______________ Total Pledged Items $______________ Percentage Factor 98% (A) AGGREGATE BORROWING BASE FROM PLEDGED ITEMS $______________ Eligible Repurchased Agency Loans and Receivables $______________ Percentage Factor 90% (B) AGGREGATE BORROWING BASE FROM REPURCHASED AGENCY LOANS AND RECEIVABLES $______________ (C) AGGREGATE BORROWING BASE FROM ELIGIBLE PLEDGED SERVICING $______________ ____________________ 1 Based on either market value or principal balance of loans serviced as described in Section 4.6(h) of the Credit Agreement -40- 41 Eligible Servicing Sale Receivables $______________ Percentage Factor 75%

Aggregate Borrowing Base. In no event shall any Borrowing Base Certificate submitted hereunder, include any Eligible Collateral (as such term is defined in a Facility Sheet) that is also included in another Facility Sheet Borrowing Base.

Aggregate Borrowing Base. If for any reason (other than on account of Protective Advances permitted to remain outstanding by the Agent), the outstanding principal amount of the Term Loan at any time exceeds the sum of (x) the Aggregate Borrowing Base and (y) the Term Pushdown Reserve maintained against the ABL Borrowing Base, the Borrower shall immediately prepay the Term Loan in an aggregate amount equal to such excess.

Aggregate Borrowing Base. (The sum of the Eligible Mortgage Loan Borrowing Base for each Eligible Mortgage Loan at the date of determination) $