Borrowing Limit has the meaning set forth in Section 1.1(a)(i).
Borrowing Limit means, at any date of determination thereof, an amount equal to the lesser of (a) the Borrowing Base and (b) the Revolving Credit Commitment of all Lenders.
Borrowing Limit means, at any time, the least of:
Examples of Borrowing Limit in a sentence
The Gas Stations have not reached operational profitability and the Receiver has reached its Borrowing Limit.
The Receiver therefore requests that the Borrowing Limit be increased to $500,000.
Prudential Guidelines and Limits 4.1. Approval is given to an Affordable Borrowing Limit consistent with the capital programme for 2017/18 and the subsequent years as detailed in Appendix B.
The above graph shows the MOPAC Group’s current capital investment that is being funded via external borrowing, as at the 31 March 2022, is £287.75m, which is £286.25m below the revised Authorised Borrowing Limit.
If the issue is open, the First Tranche and Borrowing Limit will be specified in the Applicable Final Terms.
More Definitions of Borrowing Limit
Borrowing Limit means, as to any Borrower at any time, the lesser of (a) an amount equal to the Applicable Percentage of such Borrower’s Total Eligible Asset Value, provided that this subsection (a) shall not apply for purposes of Sections 2.3 and 7.22 of this Agreement, (b) an amount equal to 33-1/3% of the fair market value of such Borrower’s total assets, (c) the maximum amount permitted by such Borrower’s Prospectus, agreements with government officials and applicable law, and (d) $200,000,000.
Borrowing Limit means, at any time, the lesser of (i) the aggregate principal amount of the Revolving Credit Commitments at such time and (ii) the Borrowing Base as reported in the Borrowing Base Certificate most recently delivered to the Administrative Agent pursuant to Section 8.07(e).
Borrowing Limit means, as to any Borrower at any time, the lesser of (a) an amount equal to 20% (or 25% in the case of Multi-Strat but only during the period commencing January 5, 2006 and ending January 17, 2006) of such Borrower’s Total Eligible Asset Value, provided that this subsection (a) shall not apply for purposes of Sections 2.3 and 7.22 of this Agreement, (b) an amount equal to 33-1/3% of the fair market value of such Borrower’s total assets, (c) the maximum amount permitted by such Borrower’s Prospectus, agreements with government officials and applicable law, (d) $150,000,000 in the case of each of the Equity Opportunity Fund, the Event & Equity Fund, Technology Partners, the UBS M2 Fund and Multi-Strat, and (e) $75,000,000 in the case of each Borrower other than the Borrowers named in the foregoing subsection (d).
Borrowing Limit means, as to any Borrower at any time, an amount equal to ten percent (10%) of such Borrower’s Total Eligible Asset Value.
Borrowing Limit has the meaning set forth in Section 1.02(a).
Borrowing Limit means $100,000,000; provided, that at all times, on or after the Early Amortization Commencement Date, the Borrowing Limit shall mean the aggregate outstanding Loans.