Borrowing Base Deficiency means, at any date on which the same is determined, the amount, if any, that (a) the aggregate Covered Debt Amount as of such date exceeds (b) the Borrowing Base as of such date.
Borrowing Base Deficit means, at any time of determination, the amount, if any, by which (a) the Aggregate Capital at such time, exceeds (b) the Borrowing Base at such time.
Tranche A Borrowing Base means, at any time of calculation, an amount equal to:
Revolving Loan Availability means, at any time, the Revolving Loan Limit minus the Revolving Loan Outstandings.
Revolving Loan Limit means, at any time, the lesser of (a) the Revolving Loan Commitment and (b) 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.
Term Loan Borrowing means a borrowing consisting of simultaneous Term Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term Loan Lenders pursuant to Section 2.01(a).
U.S. Borrowing Base means, as of any date of determination, the result of:
Overadvance Amount has the meaning specified therefor in Section 2.4(f).
Revolving Loan Borrowing means a borrowing of a Revolving Loan.
Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility
Extended Revolving Loan shall have the meaning assigned to such term in Section 2.21(e).
Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).
Term Loan Availability Period means the period starting on the Effective Date and ending on the End Date.
Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).
Maximum Revolving Advance Amount means $25,000,000.
Canadian Borrowing Base means, at any time, an amount in Dollars equal to:
Advance Deficiency As defined in Section 4.01(b).
Term Loan Advances are each defined in Section 2.1.1(a).
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.
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.
Borrowing Base Amount means, as of any date, an amount equal to the sum of:
Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.
Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans of the same Class.
Foreign Borrowing Base means, as of any date, an amount equal to:
Extended Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).