Common use of Borrowing Availability Under the Borrowing Base Clause in Contracts

Borrowing Availability Under the Borrowing Base. Subject to the provisions of this Section 2.2, the Borrowing Availability under the Borrowing Base shall be reasonably determined by Lender based on each Borrowing Base Certificate delivered pursuant to Section 6.4.4.

Appears in 2 contracts

Sources: Construction Loan Agreement (William Lyon Homes), Construction Loan Agreement (William Lyon Homes)