Common use of Minimum Borrowing Base Clause in Contracts

Minimum Borrowing Base. The Loan Parties shall not permit Eligible Accounts to represent less than $8,500,000 of the Borrowing Base as of any date of determination.

Appears in 2 contracts

Sources: Credit Agreement (Mediaco Holding Inc.), Term Loan Agreement (Mediaco Holding Inc.)

Minimum Borrowing Base. The Loan Parties shall not permit Eligible Accounts to represent less than $8,500,000 10,200,000 of the Borrowing Base as of any date of determination.

Appears in 1 contract

Sources: Second Lien Term Loan Agreement (Mediaco Holding Inc.)