Non-Borrowing Base Real Estate means the owned Real Estate of the Borrowers (other than Borrowing Base Real Estate).
Domestic Borrowing Base means, at any time of calculation, an amount equal to:
Borrowing Base Assets means a collective reference to all Borrowing Base Assets in existence at any given time.
Foreign Borrowing Base means, as of any date, an amount equal to:
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.
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.
New Borrowing Base Notice has the meaning assigned such term in Section 2.07(d).
U.S. Borrowing Base means, as of any date of determination, the result of:
Proposed Borrowing Base has the meaning assigned to such term in Section 2.07(c)(i).
Canadian Borrowing Base means, at any time, an amount in Dollars equal to:
Borrowing Base Property means any one of the Borrowing Base Properties.
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.
Borrowing Base means, at any time of calculation, an amount equal to:
Proposed Borrowing Base Notice has the meaning assigned to such term in Section 2.07(c)(ii).
Adjusted Borrowing Base means the Borrowing Base minus the aggregate amount of Cash and Cash Equivalents included in the Borrowing Base.
Tranche A Borrowing Base means, at any time of calculation, an amount equal to:
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.
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.
Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Borrowing of Loans occurs.
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.
Initial Borrowing means the first Borrowing made pursuant to this Agreement.
Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans of the same Class.
Domestic Subsidiary Borrower means any Subsidiary Borrower which is a Domestic Subsidiary.
Domestic Loan Parties means, collectively, the Company and the Guarantors.
Domestic Loan Party means any Loan Party organized under the laws of any state of the United States of America or the District of Columbia.
Real Estate Loan means any debt obligation that is (a) directly or indirectly secured by a mortgage, deed of trust or similar Lien on commercial real estate, residential real estate, office, retail or industrial property or undeveloped land, is underwritten as a mortgage loan and is not otherwise associated with an operating business or (b) a loan to a company engaged primarily in acquiring and developing undeveloped land (whether or not such loan is secured by real estate).