Borrowing Base Determination Date definition

Borrowing Base Determination Date means each date on which the Borrowing Base is certified in writing to the Administrative Agent, as follows:

Borrowing Base Determination Date means any date the Borrowing Base is determined in accordance with Section 2.14.

Borrowing Base Determination Date shall have the meaning assigned to such term in Section 2.05(b).

Examples of Borrowing Base Determination Date in a sentence

• For purposes of calculating the Available Borrowing Base as of such Available Borrowing Base Determination Date, such designated Projects shall not be Eligible Projects hereunder.

• For the avoidance of doubt, the designation pursuant to this paragraph shall be made as of each Available Borrowing Base Determination Date and shall remain in effect only until the next succeeding Available Borrowing Base Determination Date.

• If, as of any Available Borrowing Base Determination Date, the average FICO® Score of all Customers with respect to all Eligible Projects is less than [***]; the Borrower shall designate Projects that would otherwise constitute Eligible Projects as non-Eligible Projects (with such designation being made with respect to Eligible Projects with Customers having the lowest FICO® Scores) until the average FICO® Score of the Customers of the remaining Eligible Projects is at least [***].

• Pursuant to the terms of the Amended and Restated Credit Agreement dated as of November 7, 2014, among us (as extended, renewed, amended or restated from time to time, the “Credit Agreement”), we submit this Borrowing Base Certificate to you and certify that the calculation of the Borrowing Base set forth below and on any Exhibits to this Certificate is true, correct and complete as of the Borrowing Base Determination Date.

• The Administrator shall report the occurrence of an Interim Borrowing Base Determination Date promptly after a Responsible Officer of the Administrator shall have obtained actual knowledge of such occurrence, and in any event within one (1) Business Day of obtaining such knowledge.

More Definitions of Borrowing Base Determination Date

Borrowing Base Determination Date means each of the following dates: --------------------------------- (i) the last day of each Settlement Period, (ii) each Take-Out Date and (iii) each Receivables Delivery Date.

Borrowing Base Determination Date means the last day of each calendar month.

Borrowing Base Determination Date means (i) the last day of each calendar month and (ii) one such other date each calendar month as to which the Borrower provides to the Administrative Agent a Borrowing Base Certificate and requests a determination of the Borrowing Base.

Borrowing Base Determination Date means any of the following dates on which the Borrowing Base Calculation Result is required to be measured by Lender: (i) the last day of each Fiscal Quarter occurring during the Credit Period, (ii) the closing of the sale or other disposition of each 100% Property, (iii) the closing of any 100% Property Refinancing, (iv) the acquisition or other event which results in the Borrower owning a 100% Unencumbered Property, for which it has had partial or full ownership for a minimum of one complete Fiscal Quarter, that is intended by Borrower and Lender to become an Enhanced Collateral Property, and (v) upon each borrowing request.

Borrowing Base Determination Date means 40 days after the end of each calendar month through December, 2006, and 30 days after the end of each calendar month thereafter, or more frequently at the option of the Borrower.

Borrowing Base Determination Date means each date on which the Borrowing Base is certified in writing to the Administrative Agent, which shall occur as

Borrowing Base Determination Date means August 1 of each year and such other day as provided in subsection 2.24."