U.S. Borrowing Base definition
U.S. Borrowing Base means, as of any date of determination, the result of:
U.S. Borrowing Base means, at any time, an amount in Dollars equal to:
U.S. Borrowing Base means, at any time, the sum of:
Examples of U.S. Borrowing Base in a sentence
The Loan Parties shall take such steps as shall be required under the ABL Credit Agreement and the Intercreditor Agreement, as applicable (including, without limitation, delivery of Borrowing Base Certificates as may be required by the ABL Agent and the Administrative Agent), to enable the ABL Agent to implement and maintain the Term Pushdown Reserve against the ABL U.S. Borrowing Base, as and when applicable, in accordance with the terms of the ABL Credit Agreement and the Intercreditor Agreement.
More Definitions of U.S. Borrowing Base
U.S. Borrowing Base means, at any time of calculation, an amount equal to the sum of, without duplication:
U.S. Borrowing Base means, as of any date of determination by Agent, from time to time, an amount equal to the sum at such time of:
U.S. Borrowing Base means, at any time, with respect to the US Loan Parties, the sum of:
U.S. Borrowing Base means, as of any date of determination thereof, an amount equal to the sum of:
U.S. Borrowing Base means, at any time, as to US Borrowers, the amount equal to:
U.S. Borrowing Base means the sum, in Dollars, of the following as set forth in the most recently delivered US Borrowing Base Certificate:
U.S. Borrowing Base means, on any date of determination, an amount equal to the Loan Value of the Eligible Collateral of the U.S. Borrowers less the Availability Reserve to the extent attributable to the U.S. Loan Parties, the U.S. Finance Obligations or the U.S. Collateral in the Administrative Agent’s Credit Judgment on such date.