Examples of Borrowing Base Reduction Amount in a sentence
Upon the occurrence of a Borrowing Base Reduction Event, the Borrowing Base shall be automatically reduced by the Borrowing Base Reduction Amount corresponding to the Disposition or Hedge Termination causing such Borrowing Base Reduction Event.
Notwithstanding the foregoing, the Applicable Borrowing Base remains subject to adjustment due to changes in the Borrowing Base Reduction Amount as set forth in the Credit Agreement.
This is because the Council want to show ambition whilst recognising that the city population has a high level of mobility and parental choice is an important aspect of a pupil’s education, therefore setting an ambitious, but realistic, target as requested by Welsh Government.
The Borrowing Base shall reduce on a monthly basis by the Borrowing Base Reduction Amount, which Lender initially sets at the amount of $250,000.00.
Steering Committee (SteerCom) is built on a multi-stakeholder model and comprises a diverse grouping of individuals and organizations that participate on a voluntary basis. Support letters have been secured from 42 countries which is 79% of the countries in Africa.