Borrowing Base Assets means a collective reference to all Borrowing Base Assets in existence at any given time.
Borrower Group means the Borrower and each of its Subsidiaries.
Borrowing Base Properties means the Oil and Gas Properties of the Loan Parties included in the Initial Reserve Report and thereafter in the most recently delivered Reserve Report delivered pursuant to Section 8.12.
Borrowing Base Value means, with respect to any Oil and Gas Property of a Credit Party or any Swap Agreement in respect of commodities, the value the Administrative Agent attributed to such asset in connection with the most recent determination of the Borrowing Base as confirmed by Required Lenders.
Canadian Borrowing Base means, at any time, an amount in Dollars equal to:
Foreign Borrowing Base means, as of any date, an amount equal to:
Borrowing Base Availability means, at the time of any determination, an amount equal to the lesser of the Borrowing Base at such time and the aggregate amount of the Commitments at such time.
Borrowing Base Amount means, as of any date, an amount equal to the sum of:
Domestic Borrowing Base means, at any time of calculation, an amount equal to:
Borrowing Base Property means any one of the Borrowing Base Properties.
U.S. Borrowing Base means, as of any date of determination, the result of:
Borrowing Base means, at any time of calculation, an amount equal to:
Borrower/s means and refers to jointly and severally to the Applicants (more particularly described in the Application Form) who has/have been sanctioned/granted/disbursed the Loan by ABFL pursuant to the relevant Application Form submitted by such applicants to ABFL for availing of the Loan and depending upon the nature of the Borrower/s, shall, unless repugnant to the context or meaning thereof, be deemed to include his/her legal heirs, executors and administrators;
Borrower as defined in the preamble hereto.
Co-Borrowers has the meaning specified in the introductory paragraph to this Agreement.
Co-Borrower shall have the meaning assigned to such term in the introductory paragraph of this Agreement.
Loan Parties means, collectively, the Borrower and each Guarantor.
Adjusted Borrowing Base means the Borrowing Base minus the aggregate amount of Cash and Cash Equivalents included in the Borrowing Base.
Borrowing Base Report means a Borrowing Base Report for the Borrower signed by an Authorized Signatory of the Borrower and in substantially the form of Exhibit D attached hereto.
Proposed Borrowing Base has the meaning assigned to such term in Section 2.07(c)(i).
Parent Borrower as defined in the preamble hereto.
Domestic Subsidiaries means all Subsidiaries incorporated or organized under the laws of the United States of America, any State thereof or the District of Columbia.
Domestic Credit Party means any Credit Party that is organized under the laws of any State of the United States or the District of Columbia.
Borrowing Base Test means as of any date, a determination that (a) the lesser of (i) the Borrowing Base and (ii) the Facility Amount shall be equal to or greater than (b) the Advances Outstanding.
U.S. Borrower means any Borrower that is a U.S. Person.
Aggregate Borrowing Base means as of any date of determination, an amount equal to (i) the sum of the SMP Borrowing Base and the SI Borrowing Base; less (ii) any Reserves except to the extent already deducted therefrom.