Subsequent Borrowing Base Increase Date definition

Subsequent Borrowing Base Increase Date means each date on which the Borrowing Base is increased pursuant to Section 2.07(a) as a result of the consummation of any Acquisition after the Effective Date.

Examples of Subsequent Borrowing Base Increase Date in a sentence

  • On the Subsequent Borrowing Base Increase Date, the Borrower may revise any or all of the Schedules 7.01, 7.05, 7.14, 7.16, 7.18, 7.19, 7.20, 9.02, 9.03 and 9.05 with the consent of the Administrative Agent (not to be unreasonably withheld or delayed) to reflect changes to any of such Schedules relating to NGAS or NuLoch, as the case may be, as a result of any Acquisition occurring after the Effective Date.

Related to Subsequent Borrowing Base Increase Date

  • Commitment Increase Date has the meaning assigned to such term in Section 2.08(e).

  • U.S. Borrowing Base means, as of any date of determination, the result of:

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).

  • Increase Date has the meaning specified in Section 2.18(a).

  • Proposed Borrowing Base has the meaning assigned to such term in Section 2.07(c)(i).

  • Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Borrowing of Loans occurs.

  • Replacement Revolving Facility Effective Date shall have the meaning assigned to such term in Section 2.21(l).

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Tranche A Borrowing Base means, at any time of calculation, an amount equal to:

  • Domestic Borrowing Base means, at any time of calculation, an amount equal to:

  • Incremental Term Loan Borrowing Date means, with respect to each Incremental Term Loan, each date on which Incremental Term Loans are incurred pursuant to Section 2.01(b), which date shall be the date of the effectiveness of the respective Incremental Term Loan Commitment Agreement pursuant to which such Incremental Term Loans are to be made.

  • Proposed Borrowing Base Notice has the meaning assigned to such term in Section 2.07(c)(ii).

  • Term Loan Increase has the meaning set forth in Section 2.14(a).

  • Borrowing Base means, at any time of calculation, an amount equal to:

  • Available Incremental Amount has the meaning specified in Section 2.14(4)(c).

  • Canadian Borrowing Base means, at any time, an amount in Dollars equal to:

  • 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.

  • New Borrowing Base Notice has the meaning assigned such term in Section 2.07(d).

  • Leverage Increase Period has the meaning specified in Section 7.11(a).

  • Foreign Borrowing Base means, as of any date, an amount equal to:

  • Fixed Incremental Amount means (i) the greater of $920,000,000 and 100% of Consolidated EBITDA as of the last day of the most recently ended Test Period minus (ii) the aggregate outstanding principal amount of all Incremental Facilities, Incremental Equivalent Debt and/or Indebtedness incurred pursuant to Section 7.03(r)(ii)(A), in each case incurred or issued in reliance on this definition.

  • Second Incremental Auction means an Incremental Auction conducted ten months before the Delivery Year to which it relates.

  • Adjusted Borrowing Base means the Borrowing Base minus the aggregate amount of Cash and Cash Equivalents included in the Borrowing Base.

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

  • Maximum Incremental Facilities Amount means, at any date of determination, (a) the sum of (i) $500,000,000, plus (ii) an amount such that the Borrower is in Pro Forma Compliance with the Senior Secured Leverage Test (for the avoidance of doubt without netting any cash from the proceeds of any Indebtedness being incurred in reliance on such test and, if applicable, assuming the full amount of any New Revolving Credit Commitments are drawn), plus (iii) amounts used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to refinance or replace Revolving Credit Commitments and/or Term Loans (including any fees, accrued interest or other amounts owing in respect thereof), plus (iv) from and after the 2012 Extension Effective Date, the aggregate principal amount of 2014 Term Loans outstanding as of such date of determination, provided that such additional amounts pursuant to this clause (iv) are only available to the extent such amounts are used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to prepay 2014 Term Loans in accordance with Section 5.1 of this Agreement (such prepaid 2014 Term Loans, “Incremental Facility Prepaid 2014 Term Loans”) plus (v) the Dollar Equivalent principal amount of Term Loans (other than New Term Loans, Incremental Facility Prepaid 2014 Term Loans or Term Loans refinanced or replaced pursuant to clause (iii) above) voluntarily prepaid pursuant to Section 5.1 prior to such date, plus (vi) the amount of all Revolving Credit Commitments that have either been permanently reduced pursuant to Section 4.2 or have otherwise terminated in accordance with the terms of this Agreement after the 2012 Extension Effective Date (without duplication of the amounts incurred pursuant to clause (iii) above) minus (b) the sum of (i) the aggregate principal amount of New Loan Commitments incurred pursuant to Section 2.14(a) prior to such date and (ii) the aggregate principal amount of Permitted Other Indebtedness issued or incurred pursuant to Section 10.1(bb)(i)(a) prior to such date.

  • Facility Increase has the meaning provided in Section 2.15(a).