SI Borrowing Base means, as of any date of termination by Agent, from time to time, an amount equal to the sum, at such time of:
SI Borrowing Base is amended as follows:
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:
Domestic Borrowing Base means, at any time of calculation, an amount equal to:
Borrowing Base means, at any time of calculation, an amount equal to:
Foreign Borrowing Base means, as of any date, an amount equal to:
Tranche A 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).
Adjusted Borrowing Base means the Borrowing Base minus the aggregate amount of Cash and Cash Equivalents included in the Borrowing Base.
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 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 Amount means, as of any date, an amount equal to the sum of:
Borrowing Availability means as of any date of determination the Maximum Amount less the sum of (i) the Revolving Loan and Swing Line Loan then outstanding and (ii) the Reserves as then in effect.
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.
New Borrowing Base Notice has the meaning assigned such term in Section 2.07(d).
Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans of the same Class.
Revolving Loan Availability means, at any time, the Revolving Loan Limit minus the Revolving Loan Outstandings.
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 Assets means a collective reference to all Borrowing Base Assets in existence at any given time.
Revolving Credit Availability means, at any particular time, the amount by which the Aggregate Revolving Loan Commitment at such time exceeds the Revolving Credit Obligations outstanding at such time.
Canadian Borrowing means a Borrowing of Canadian Loans.
Proposed Borrowing Base Notice has the meaning assigned to such term in Section 2.07(c)(ii).
Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.
Total Borrowings means, in respect of the Corporation on a consolidated basis, as of a given date, the aggregate of the following, without duplication:
ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.
Eurodollar Revolving Borrowing means a Borrowing comprised of Eurodollar Revolving Loans.
Revolving Credit Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Credit Commitment Termination Date and the date of termination of the Revolving Credit Commitments.