Borrowing Base Loans definition

Borrowing Base Loans means, as of any date of determination, all Timeshare Loans that are Eligible Timeshare Loans on such date and owned directly by the Issuer and pledged to the Indenture Trustee pursuant to the Indenture and Servicing Agreement or a Supplemental Grant.
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Borrowing Base Loans means, as of any date of determination, all Timeshare Loans that are Eligible Timeshare Loans on such date and owned directly by the Issuer and Granted to the Indenture Trustee pursuant to the Indenture.
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Borrowing Base Loans means, at any time, the sum of (a) the aggregate of the principal balances of the outstanding Advances, (b) the aggregate of the principal balances of the outstanding Term Loans, and (c) the aggregate of the face amounts of the outstanding Letters of Credit. Section 2.10(d) is amended to read as follows:
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Examples of Borrowing Base Loans in a sentence

  • Collectively, (a) the Borrowing Base Properties and (b) the Borrowing Base Loans.

  • The initial Borrowing Base Loans (the “Initial Borrowing Base Loans”) are identified on Schedule 1.2 attached hereto, and are hereby approved by the Agent and the Lenders.

  • All Borrowing Base Loans complied with all applicable usury laws in effect at its date or origination.

  • The Borrowing Base Availability attributable to Borrowing Base Loans.

  • The initial Borrowing Base Properties (the “Initial Borrowing Base Properties”) and the initial Borrowing Base Loans (the “Initial Borrowing Base Loans”) are identified on Schedule 1.2 attached hereto, and are hereby approved by the Agent and the Lenders.

  • With respect to all Borrowing Base Assets included in the calculation of the Borrowing Base Availability, the ratio (expressed as a percentage) of (a) the sum of (i) total interest received on the Borrowing Base Loans for the trailing twelve (12) month period plus (ii) the Adjusted Net Operating Income from the Borrowing Base Properties divided by (b) outstanding principal balance of Revolving Credit Loans, Swing Loans and Letter of Credit Liabilities.

  • Komakech et al identified and interviewed 1,300 farmers within the urban boundaries of Kampala, with mapping of respective global positioning system (GPS) coordinates.

  • Any payments made by Agent or Lenders to any issuer thereof and/or related parties in connection with Borrowing Base LC Accommodations shall constitute additional Borrowing Base Loans pursuant to this Section 3.

  • To the extent that the terms of the documents heretofore evidencing the Borrowing Base Loans, Real Estate Loans or Wholesale Floor Plan Loans are inconsistent with the terms hereof, or if any contemporaneous or subsequent documents evidencing said loans are inconsistent with the terms hereof, the terms of this Agreement shall control.

  • Upon acceptance of a prospective student’s application, the Recruiting Office will send to the student a packet consisting of: A letter stating Northpoint’s payment and collection policies; information on loans/grants available to Northpoint students; and a fee schedule.


More Definitions of Borrowing Base Loans

Borrowing Base Loans means, the loans made to or for the benefit of Borrowers by Lenders or, at Agent’s option, by Agent for the ratable account of Lenders, on a revolving basis pursuant to the terms hereof (involving advances, repayments and readvances) as set forth in Section 3.1 hereof.
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Borrowing Base Loans shall have the meaning set forth in the Revolving Loan Agreement.
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Borrowing Base Loans means the Portfolio Loans which are Eligible Investments.
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Borrowing Base Loans means, at any time, the aggregate amount of outstanding Advances and Letters of Credit.
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Borrowing Base Loans means the Borrowing Base Loans made by Lender to Borrowers pursuant to subsection 2.1A. ``Borrowing Orders'' means the Interim Order and the Final Order.
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Related to Borrowing Base Loans

  • Borrowing Base means, at any time of calculation, an amount equal to:

  • 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.

  • U.S. Borrowing Base means, as of any date of determination, the result of:

  • Canadian Borrowing Base means, at any time, an amount in Dollars equal to:

  • 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.

  • 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:

  • Tranche A Borrowing Base means, at any time of calculation, 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.

  • Revolving Loan Availability means, at any time, the Revolving Loan Limit minus the Revolving Loan Outstandings.

  • Foreign Borrowing Base means, as of any date, an amount equal to:

  • Borrowing Base Assets means a collective reference to all Borrowing Base Assets in existence at any given time.

  • Borrowing Availability means as of any date of determination the Maximum Amount less the sum of (i) the Revolving Loan and Swing Line Loan then outstanding and (ii) the Reserves as then in effect.

  • Proposed Borrowing Base has the meaning assigned to such term in Section 2.07(c)(i).

  • Revolving Advances means Advances made other than Letters of Credit.

  • 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.

  • 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.

  • Adjusted Borrowing Base means the Borrowing Base minus the aggregate amount of Cash and Cash Equivalents included in the Borrowing Base.

  • Revolving Credit Availability means, at any particular time, the amount by which the Aggregate Revolving Loan Commitment at such time exceeds the Revolving Credit Obligations outstanding at such time.

  • 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.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.

  • Overadvance Loan means a Base Rate Loan made when an Overadvance exists or is caused by the funding thereof.

  • Revolving Availability means, at the time of determination, (a) the sum of all Revolving Commitments at such time less (b) the sum of (i) the principal amount of Revolving Loans and Swing Loans made and outstanding at such time and (ii) the LC Outstandings at such time.

  • New Borrowing Base Notice has the meaning assigned such term in Section 2.07(d).

  • Borrowing Base Property means any one of the Borrowing Base Properties.