Borrowing Base Amendment definition

Borrowing Base Amendment means that certain First Amendment, dated as of February 10, 2003 to the Revolving Credit, Term Loan and Guaranty Agreement.

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Borrowing Base Amendment means an amendment to this Agreement satisfactory to the Agent and the Borrower to be executed and delivered no later than three Business Days after entry of the Final Order.

Borrowing Base Amendment means an amendment to this Agreement satisfactory to the Agent and the Borrower to be executed and delivered prior to the entry of the Final Order.

Examples of Borrowing Base Amendment in a sentence

• From and after the execution and delivery of the Borrowing Base Amendment, the Agent shall have received the timely delivery of the most recent Borrowing Base Certificate (dated no more than seven (7) days prior to the making of a Loan or the issuance of a Letter of Credit) required to be delivered hereunder.

• At no time shall the sum of the then outstanding aggregate principal amount of the Tranche A Loans plus the then LC Exposure exceed the lesser of (i) the Total Tranche A Commitment of $300,000,000, as the same may be reduced from time to time pursuant to Sections 2.12 and 2.13 and (ii) from and after the execution and delivery of the Borrowing Base Amendment, the Borrowing Base.

• The Parent shall not permit the ratio of (i) Total Outstanding Indebtedness of the Parent and its Subsidiaries to (ii) Total Market Value, to exceed 0.575 to 1.00 (or 0.60 to 1.00 if the corresponding ratio in Section 10.1(a) of the Existing Credit Agreement is ever amended to be 0.60 to 1.00 pursuant to the Borrowing Base Amendment) at any time.

• At the time of the extension of any Additional Credit, the Borrowing Base Amendment shall have been executed and delivered.

• At no time shall a Letter of Credit be issued if the sum of the then outstanding aggregate principal amount of the Tranche A Loans plus the LC Exposure (inclusive of the amount of such proposed Letter of Credit) would exceed the lesser of (i) the Total Tranche A Commitment of $300,000,000, as the same may be reduced from time to time pursuant to Sections 2.12 and 2.13 and (ii) from and after the execution and delivery of the Borrowing Base Amendment, the Borrowing Base.

More Definitions of Borrowing Base Amendment

Borrowing Base Amendment means an amendment to this Agreement satisfactory to the Initial Banks and the Borrower to be executed within the later to occur of (i) two (2) weeks after the first to occur of the making of the initial Loans hereunder or under the Interim Order or the issuance of the initial Letter of Credit hereunder and (ii) one (1) week following the date upon which the Agent shall have provided a draft of the Borrowing Base Amendment to the Borrower.

Borrowing Base Amendment means that certain First Amendment, dated as of February 28, 2005 to the Agreement.

Borrowing Base Amendment has the meaning assigned to such term in the definition of Borrowing Base.

Borrowing Base Amendment means an amendment to this Agreement reasonably satisfactory to the Initial Lenders to be executed and delivered prior to entry of the Final Order pursuant to which aggregate availability under the Revolving Credit Facility will not be permitted to exceed the Borrowing Base.

Borrowing Base Amendment means an amendment to this Agreement reasonably satisfactory to the Administrative Agent to be executed and delivered prior to entry of the Final Order.

Borrowing Base Amendment and "Borrowing Base Certificate" set forth in Section 1.01 of the Credit Agreement are hereby amended in their entirety to read as follows:

Borrowing Base Amendment shall be an amendment to this Credit Agreement executed by the Borrower and the Required Banks, which inter alia, shall define the Borrowing Base on a mutually agreeable basis.