Common use of Borrowing Base Minimum Property Requirements Clause in Contracts

Borrowing Base Minimum Property Requirements. The Borrowing Base Properties included in the calculation of Borrowing Base Availability (i) to consist of less than ten (10) Borrowing Base Properties, or (ii) to have an aggregate Borrowing Base Property Value of less than $50,000.00.

Borrowing Base Minimum Property Requirements. The Borrowing Base Properties included in the calculation of Borrowing Base Availability (i) to consist of less than ten (10) Borrowing Base Properties, or (ii) to have an aggregate Borrowing Base Property Value of less than $50,000.0050,000,000.00.