German Borrowing Base definition

German Borrowing Base means, for each German Borrower at any time, an amount equal to the sum of the Dollar Equivalent of, without duplication:
German Borrowing Base the Dollar Equivalent sum of the following, as set forth in the most recently delivered Borrowing Base Certificate by such German Borrower:

Examples of German Borrowing Base in a sentence

  • The German Borrowing Base shall be deemed to be $0 until an initial field examination and inventory appraisal reasonably satisfactory to the Administrative Agent shall have been conducted with respect to the applicable assets of the German Loan Parties.

  • In case said equipment, or any part thereof, is in such suit held to constitute infringement and use of said equipment or parts is enjoined, Contractor shall at its own expense and at its option, either procure for SRTA the right to continue using said equipment or part, or replace same with non-infringing equipment, or modify it so it becomes non-infringing.

  • If the aggregate German Revolver Loans exceed the German Borrowing Base (a “German Overadvance”) at any time, the excess amount shall be payable by the German Borrower on demand by Agent, but all such German Revolver Loans shall nevertheless constitute German Facility Obligations secured by the German Facility Collateral.

  • To partially address the marginalization experienced by many of the campus AA&Ds, a letter was sent to the Academic Council Chair requesting that UCAAD be granted permanent membership on the Systemwide Academic Council.

  • The estimated cost of the project will be one of the driving forces on the assignment of work.


More Definitions of German Borrowing Base

German Borrowing Base means, as of any Borrowing Base Reporting Date, an amount equal to:
German Borrowing Base means, at any time 85% of the German Borrower’s Eligible Accounts at such time minus Reserves.
German Borrowing Base means, as of any date of which the amount thereof is being determined, an amount (expressed in Deutsche Marks) equal to the sum of (i) 75% of German Eligible Receivables and (ii) 40% of German Eligible Inventory, each as determined for the Borrowing Base Certificate most recently delivered by the German Borrowers pursuant to Section 8.01(j).
German Borrowing Base means, as of any date of determination, the result of:
German Borrowing Base means, at any time of calculation, an Equivalent Amount in Dollars equal to, not less than zero:
German Borrowing Base. German Collateral Instrument Fees", "German Collateral Instruments", "German Facility Reserve", "German Guaranty", "German Lender", "German Loan Agreement", "German Loan Documents", "German Loans", "German Maximum Drawing Amount", "German Obligations", "German Outstandings", "German Reimbursement Obligations", "German Risk Participation Fee", "German Unpaid Reimbursement Obligations", "Second Amendment" and "Second Amendment Effective Date":
German Borrowing Base. In the case of any German Borrower, the "Borrowing Base" of such German Borrower, for this purpose as the term Borrowing Base is defined in the German Loan Agreement."