Borrowing Base Components Sample Clauses
Borrowing Base Components. At any time of determination ------------------------- thereof, the value of any component of Real Estate Inventory used to calculate the Borrowing Base does not exceed the GAAP Value of such component of Real Estate Inventory.
Borrowing Base Components. (a) cash and Cash Equivalents of the Borrowers and their Subsidiaries in Dollars that are subject to an Acceptable Security Interest $ 100 % $
(b) Tier I Eligible Accounts $ 90 % $
(c) Tier II Eligible Accounts $ 80 % $
(d) Tier I Unbilled Eligible Accounts $ 85 % $
(e) Tier II Unbilled Eligible Accounts $ 80 % $
(f) positive value of Eligible Exchange Accounts $ 80 % $
(g) positive value of Imbalances $ 80 % $
(h) Eligible Inventory $ 85 % $
(i) Eligible LDC Residual Contract Rights $ 85 % $
(j) Undelivered Product Value $ 80 % $
(k) Swap Termination Value owed by a Borrower or any of its Subsidiaries for any Swap Contract between a Borrower or any of its Subsidiaries and a Swap Counterparty $ 120 % $
(l) First Purchaser Liens $ 100 % $ (m) (i) From the Closing Date through December 12, 2008, $35,000,000.00 $
Borrowing Base Components. As to each Acquired Loan represented by the Borrower to be an "ELIGIBLE ACQUIRED LOAN" on a Borrowing Base Certificate, as of the date of each such Borrowing Base Certificate, each such Acquired Loan constitutes an Eligible Acquired Loan.
Borrowing Base Components