Borrowing Base Assets means a collective reference to all Borrowing Base Assets in existence at any given time.
Borrowing Base Property means any one of the Borrowing Base Properties.
Borrowing Base Value means, with respect to any Oil and Gas Property of a Credit Party or any Swap Agreement in respect of commodities, the value the Administrative Agent attributed to such asset in connection with the most recent determination of the Borrowing Base as confirmed by Required Lenders.
Borrowing Base Properties means the Oil and Gas Properties of the Loan Parties included in the Initial Reserve Report and thereafter in the most recently delivered Reserve Report delivered pursuant to Section 8.12.
Domestic Borrowing Base means, at any time of calculation, an amount equal to:
Collateral Pool means the aggregate total of the Collateral.
Collateral Loan means a loan, debt obligation, debt security or participation therein acquired by the Borrower.
Foreign Borrowing Base means, as of any date, an amount equal to:
Borrowing Base Amount means, as of any date, an amount equal to the sum of:
Aggregate Borrowing Base means as of any date of determination, an amount equal to (i) the sum of the SMP Borrowing Base and the SI Borrowing Base; less (ii) any Reserves except to the extent already deducted therefrom.
U.S. Borrowing Base means, as of any date of determination, the result of:
Canadian Borrowing Base means, at any time, an amount in Dollars equal to:
Tranche A Borrowing Base means, at any time of calculation, an amount equal to:
Mortgaged Real Property means any parcel of Real Property that shall become subject to a Mortgage after the Closing Date, in each case together with all of such Credit Party’s right, title and interest in the improvements and buildings thereon and all appurtenances, easements or other rights belonging thereto.
Closing Date Mortgaged Property as defined in Section 3.1(h).
Borrowing Base Test means as of any date, a determination that (a) the lesser of (i) the Borrowing Base and (ii) the Facility Amount shall be equal to or greater than (b) the Advances Outstanding.
Borrowing Base means, at any time of calculation, an amount equal to:
Proposed Borrowing Base has the meaning assigned to such term in Section 2.07(c)(i).
Real Estate Asset means, at any time of determination, any interest (fee, leasehold or otherwise) then owned by any Credit Party in any real property.
Borrowing Base Availability means, at the time of any determination, an amount equal to the lesser of the Borrowing Base at such time and the aggregate amount of the Commitments at such time.
Term Loan Priority Collateral as defined in the Intercreditor Agreement.
Borrowing Base Report means a Borrowing Base Report for the Borrower signed by an Authorized Signatory of the Borrower and in substantially the form of Exhibit D attached hereto.
Adjusted Borrowing Base means the Borrowing Base minus the aggregate amount of Cash and Cash Equivalents included in the Borrowing Base.
New Borrowing Base Notice has the meaning assigned such term in Section 2.07(d).
Borrower Collateral means all of Borrower's now owned or hereafter acquired right, title, and interest in and to each of the following:
Collateral Value The appraised value of a Mortgaged Property based upon the lesser of (i) the appraisal (as reviewed and approved by the Seller) made at the time of the origination of the related Mortgage Loan, or (ii) the sales price of such Mortgaged Property at such time of origination. With respect to a Mortgage Loan the proceeds of which were used to refinance an existing mortgage loan, the appraised value of the Mortgaged Property based upon the appraisal (as reviewed and approved by the Seller) obtained at the time of refinancing.