Availability-Guaranteed definition
Availability-Guaranteed means, as of any date of determination, with respect to Advances-Guaranteed Loans, the amount determined to be “Total net availability” determined from time to time in accordance with an appropriately completed Borrowing Base Certificate—Guaranteed in the form attached hereto as Exhibit A-1.
Availability-Guaranteed means with respect to Advances-Guaranteed Loans, the lesser of: (a) the Maximum Guaranteed Loan Commitment, or (b) the Borrowing Base—Guaranteed.
Availability-Guaranteed means, as of any date of determination, with respect to Advances-Guaranteed Loans, the amount determined to be “Total net availability” determined from time to time in accordance with an appropriately completed Borrowing Base Certificate—Guaranteed in the form attached hereto as Exhibit A-1. “Availability-Non-Guaranteed” means, as of any date of determination, with respect to Advances-Non-Guaranteed Loans, the amount determined to be “Total net availability” determined from time to time in accordance with an appropriately completed Borrowing Base Certificate—Non-Guaranteed in the form attached hereto as Exhibit A-2. “Backup Servicer” means U.S. Bank National Association, and any successor thereto appointed under this Agreement. 3
More Definitions of Availability-Guaranteed
Availability-Guaranteed means, as of any date of determination, with respect to Advances-Guaranteed Loans, the amount determined to be “Total net availability” determined from time to time in accordance with an appropriately completed Borrowing Base Certificate— Guaranteed in the form attached hereto as Exhibit A-1. “Availability-Non-Guaranteed” means, as of any date of determination, with respect to Advances-Non-Guaranteed Loans, the amount determined to be “Total net availability” determined from time to time in accordance with an appropriately completed Borrowing Base Certificate—Non-Guaranteed in the form attached hereto as Exhibit A-2. “Bankruptcy Code” means Chapter 11 of Title 11 of the United States Code (11 U.S.C. 101 et seq.). “Base Rate” means, for any day, a fluctuating rate per annum equal to the highest of (a) the Federal Funds Rate in effect on such day plus ½ of 1%, (b) the Prime Rate in effect on such day, (c) the Adjusted LIBO Rate on such day plus 1.00%, and (d) zero percent (0.0%). Any change in the Base Rate due to a change in the Federal Funds Rate, the Prime Rate or the Adjusted LIBO Rate shall be effective from and including the effective date of such change in the Federal Funds Rate, the Prime Rate or the Adjusted LIBO Rate, respectively. When used in reference to any Loan or Advance, “Base Rate” shall refer to a Loan, or the Loans comprising such Advance, bearing interest at a rate determined by reference to the Base Rate. “Blocked Account” has the meaning set forth in Section 6.11. “Blocked Account Agreement” means that certain Deposit Account Control Agreement of even date herewith between Borrower and Administrative Agent as required herein, as the same may be amended, modified, or restated from time to time. “Board” means the Board of Governors of the Federal Reserve System of the United States of America. “Borrowing Base—Guaranteed” means, with regard to Advances—Guaranteed Loans, as of any date of determination by Administrative Agent from time to time, an amount