Domestic Borrower Borrowing Base definition

Domestic Borrower Borrowing Base means at any time the lesser of:

Examples of Domestic Borrower Borrowing Base in a sentence

  • The Lender shall have no obligation (a) to make a Revolving Advance to the extent that the amount of the requested Revolving Advance exceeds Availability or (b) to make a Revolving Advance to or for the benefit of the Domestic Borrowers to the extent the amount of the requested Revolving Advance exceeds the Domestic Borrower Borrowing Base or (c) make a Revolving Advance to or for the benefit of Ronson Canada to the extent the amount of the Revolving Advance exceeds the Ronson Canada Borrowing Base.

Related to Domestic Borrower Borrowing Base