Common use of Calculation of Borrowing Base Clause in Contracts

Calculation of Borrowing Base. The Agent shall calculate from time to time the amount of the Borrowing Base, based upon the most recent Borrowing Base Certificate, and such amount shall be the "Borrowing Base" hereunder; provided, however, that the Agent, in its reasonable discretion, may on written notice to the Borrowers, establish additional reserves against the Borrowing Base, taking into account, among other things, but without limitation in any way, changes in the collectibility of receivables as shown in periodic field examinations.

Calculation of Borrowing Base. The Agent shall calculate from time to time the amount of the Borrowing Base, based upon the most recent Borrowing Base Certificate, and such amount shall be the "Borrowing Base" hereunder; provided, however, that the Agent, in its reasonable discretion, may on five (5) Banking Days prior written notice to the Borrowers, establish additional reserves against the Borrowing Base, taking into account, among other things, but without limitation in any way, changes increases in the collectibility of receivables dilution as shown in periodic field examinations.

Calculation of Borrowing Base. The Administrative Agent shall calculate from time to time the amount of the Borrowing Base, based upon the most recent Borrowing Base CertificateCertificate as updated by the most recent Weekly Collateral Certificate and any other relevant information, and such amount shall be the "Borrowing Base" hereunder; provided, however, provided that the Administrative Agent, in its reasonable discretioncredit judgment, may on written notice to the Borrowers, establish additional reserves against the Borrowing Base, taking into account, among other things, but without limitation in any way, changes increases in the collectibility of receivables dilution as shown in periodic field examinations.

Calculation of Borrowing Base. The Agent shall calculate from time to time the amount of the Borrowing Base, based upon the most recent Borrowing Base Certificate, and such amount shall be the "Borrowing Base" hereunder; provided, however, that the Agent, in its sole reasonable discretion, may on written notice to the Borrowers, establish additional reserves against the Borrowing Base, taking into account, among other things, but without limitation in any way, changes in the collectibility on-going confirmation of receivables as shown in a receivable dilution percentage of not more than 5%, based upon periodic field examinations.

Calculation of Borrowing Base. The Agent shall calculate from time to time the amount of the Borrowing Base, based upon the most recent Borrowing Base Certificate, and such amount shall be the "Borrowing Base" hereunder; providedPROVIDED, however, that the Agent, in its reasonable discretion, may on five (5) Banking Days prior written notice to the Borrowers, establish additional reserves against the Borrowing Base, taking into account, among other things, but without limitation in any way, changes increases in the collectibility of receivables dilution as shown in periodic field examinations.

Calculation of Borrowing Base. The Agent shall calculate ----------------------------- from time to time the amount of the Borrowing Base, based upon the most recent Borrowing Base Certificate, and such amount shall be the "Borrowing Base" hereunder; provided, however, that the Agent, in its sole reasonable discretion, may on written notice to the BorrowersBorrower, establish additional reserves against the Borrowing Base, taking into account, among other things, but without limitation in any wayon-going confirmation of a receivable dilution percentage of not more than 5%, changes in the collectibility of receivables as shown in based upon periodic field examinations.