Canadian Borrowing Base means, at any time, an amount in Dollars equal to:
Canadian Borrowing Base means, as of any date of determination, from time to time, as to the Canadian Borrowers, an amount equal to the aggregate Dollar Equivalent of the sum at such time of:
Canadian Borrowing Base means, as of any date of calculation, the amount calculated consistent with the Borrowing Base Certificate most recently delivered to the Administrative Agent hereunder equal to:
Examples of Canadian Borrowing Base in a sentence
Whenever the US Revolving Facility Usage exceeds the US Borrowing Base, or the Canadian Revolving Facility Usage exceeds the Canadian Borrowing Base, the applicable Borrowers shall make, within one (1) Business Day after any Borrower learns of such excess and whether or not the Administrative Agent has given notice to such effect, a mandatory prepayment of principal to be applied to the Revolving Credit Loans equal to the excess, together with accrued interest on such principal amount.
More Definitions of Canadian Borrowing Base
Canadian Borrowing Base means, at any time, the sum of:
Canadian Borrowing Base as of any date of determination, the result of, in each case using the Dollar Equivalent of all amounts in Canadian Dollars:
Canadian Borrowing Base means the Dollar Equivalent sum of the following as set forth in the most recently delivered Canadian Borrowing Base Certificate:
Canadian Borrowing Base means, as of any date of determination thereof, without duplication, an amount equal to the sum of:
Canadian Borrowing Base means, with respect to the Canadian Loan Parties at any time, subject to the Eligibility Adjustment Principles and Borrowing Base Acquisition Adjustment Principles, the amount (expressed as a U.S. Dollar Equivalent amount) equal to:
Canadian Borrowing Base means the “Borrowing Base” as such term is defined under the Canadian Loan Agreement.