Common use of Borrowing Base Amount Clause in Contracts

Borrowing Base Amount. The Borrowing Base Amount shall at all times be at least equal to 110% of the sum of the then outstanding principal balance of the New Revolving Note and the aggregate principal balance of the Term Notes. As used herein:

Borrowing Base Amount. The Borrowing Base Amount shall at all times be at least equal to 110% of the sum of the then outstanding principal balance of the New Revolving Note and the aggregate principal balance of the Term Notes. As used herein: