Revolving Loans Borrowing Base definition

Revolving Loans Borrowing Base shall have the meaning attributed thereto in Section 2.1(a).

Revolving Loans Borrowing Base means, at any time as determined by the ------------------------------ Administrative Agent in accordance with Section 2.1(e), an amount determined by -------------- the Administrative Agent equal to * percent (*%) of Eligible Receivables.

Revolving Loans Borrowing Base means, at any time, an amount equal to 50% of Past Due Receivables.

Examples of Revolving Loans Borrowing Base in a sentence

• TEXTRON may establish reserves against the Revolving Loans Borrowing Base for any amounts paid by TEXTRON pursuant to this paragraph or for any amounts being contested in good faith under this paragraph.

• All Revolving Loans available to the Borrower subject to the Revolving Loans Borrowing Base and the Maximum Revolver Credit shall be subject to the Administrative Agent’s continuing right, with the consent of Required Lenders, to establish and revise Availability Reserves to the extent permitted elsewhere in this Agreement.

• Hirt 2010: 131 with 166f., table 1; 193 f., with further bibliography.

• FINOVA may establish reserves against the Revolving Loans Borrowing Base for any amounts paid by FINOVA pursuant to this paragraph or for any amounts being contested in good faith under this paragraph.

• Any notice, consent or other communication in connection with this Settlement Agreement shall be in writing and may be delivered in person, by mail or by email.

• Percentages used from time to time in calculating the Revolving Loans Borrowing Base are for the sole purpose of determining the maximum amount of the Outstanding Revolving Credit and shall not be evidentiary of or binding upon the Administrative Agent or the Lenders with respect to the market value or liquidation value of any Collateral.

• A discussions of why learning and practicing effective strategies is important was also carried out.

• Without limiting the generality of the foregoing, the Administrative Agent may retain outside auditors to evaluate and monitor Borrowing Base Reports and other matters relevant to the determination of the Revolving Loans Borrowing Base.

• Upon Event of Default only, FINOVA, in its sole discretion, may at any time have the right to reduce the Total Facility amount, the Revolving Loans Borrowing Base, the Floorplan Loans Borrowing Base, or any portion of either borrowing base, or the advance rates or to modify the terms and conditions upon which FINOVA is willing to consider making advances under the Total Facility or to take additional reserves in the Revolving Loans Borrowing Base or the Floorplan Loans Borrowing Base for any reason.

• Earlier plant flowering, bird arrival, emergence of insects and earlier dates of the breeding season.

More Definitions of Revolving Loans Borrowing Base

Revolving Loans Borrowing Base has the meaning set forth on the Schedule. ------------------------------