Common use of Borrowing Base Requirement Clause in Contracts

Borrowing Base Requirement. Subject to Section 2.08, the Company and each Designated Subsidiary Borrower shall at all times cause its respective Borrowing Base to equal or exceed the Revolving Credit Exposure attributable to such Borrower at such time.

Borrowing Base Requirement. Subject to Section 2.08, the The Company and each Designated Subsidiary Borrower shall at all times cause its respective Borrowing Base to equal or exceed the Revolving Credit Exposure Borrowing Base Requirement attributable to such Borrower at such time.