Common use of Borrowing Base Availability Clause in Contracts

Borrowing Base Availability. The Borrower shall not at any time permit the outstanding principal balance of the Revolving Credit Loans, the Swing Loans and the Letter of Credit Liabilities to be greater than the Borrowing Base Availability.

Appears in 3 contracts

Samples: Credit Agreement (Jernigan Capital, Inc.), Credit Agreement (Jernigan Capital, Inc.), Credit Agreement (Jernigan Capital, Inc.)

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Borrowing Base Availability. The Borrower shall not at any time permit the outstanding principal balance of the Revolving Credit Loans, the Swing Loans and the Letter of Credit Liabilities to be greater than the Borrowing Base Availability.

Appears in 2 contracts

Samples: Credit Agreement (MedEquities Realty Trust, Inc.), Credit Agreement (MedEquities Realty Trust, Inc.)

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Borrowing Base Availability. The Borrower shall will not at any time permit the outstanding sum of the Outstanding principal balance of the Revolving Credit Loans, the Swing Loans and the Letter of Credit Liabilities to be greater than the Borrowing Base Availability.

Appears in 1 contract

Samples: Secured Credit Agreement (Rouse Properties, Inc.)

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