Common use of Borrowing Base Pool Leverage Clause in Contracts

Borrowing Base Pool Leverage. As at the end of any fiscal quarter or any other date of measurement, the Borrower shall not permit Consolidated Borrowing Base Indebtedness to exceed 60% the aggregate Value of Eligible Borrowing Base Properties.

Borrowing Base Pool Leverage. As at the end of any fiscal quarter or any other date of measurement, the Borrower shall not permit Consolidated Borrowing Base Indebtedness to exceed 6070% the aggregate Value of Eligible Borrowing Base Properties.