German Borrowing Base definition

German Borrowing Base means, for each German Borrower at any time, an amount equal to the sum of the Dollar Equivalent of, without duplication:

German Borrowing Base means, with respect to the German Loan Parties at any time, subject to the Eligibility Adjustment Principles and Borrowing Base Acquisition Adjustment Principles, the amount (expressed as a U.S. Dollar Equivalent amount) equal to:

German Borrowing Base the Dollar Equivalent sum of the following, as set forth in the most recently delivered Borrowing Base Certificate by such German Borrower:

Examples of German Borrowing Base in a sentence

• The German Borrowing Base shall be deemed to be $0 until an initial field examination and inventory appraisal reasonably satisfactory to the Administrative Agent shall have been conducted with respect to the applicable assets of the German Loan Parties.

• Notwithstanding anything herein to the contrary, no Agent shall have any liability arising from any confirmation of the Aggregate Borrowing Base, the German Borrowing Base, the Maltese Borrowing Base, Excess Availability, Revolving Credit Exposure or Total Outstandings or the component amounts of any of the foregoing.

• Panels a and b show the results for data simulated under the null and alternative hypothesis, respectively.

• The Administrative Agent shall give to the Borrowers written notice of any change in the Domestic Borrowing Base, the U.K. Borrowing Base, the Austrian Borrowing Base or the German Borrowing Base, as the case may be, determined by the Administrative Agent.

• The Agent, the Issuing Banks or the Swing Line Lender, as applicable, shall determine the Spot Rates as of each Revaluation Date to be used for calculating Dollar Equivalent amounts of the U.S. Borrowing Base, the German Borrowing Base and Credit Extensions and Outstanding Amounts denominated in Alternative Currencies.

More Definitions of German Borrowing Base

German Borrowing Base means, as of any Borrowing Base Reporting Date, an amount equal to:

German Borrowing Base means with respect to each German Borrower, as of any date of determination, the Dollar Equivalent amount of result of:

German Borrowing Base means, at any time 85% of the German Borrower’s Eligible Accounts at such time minus Reserves.

German Borrowing Base means, as of any date of which the amount thereof is being determined, an amount (expressed in Deutsche Marks) equal to the sum of (i) 75% of German Eligible Receivables and (ii) 40% of German Eligible Inventory, each as determined for the Borrowing Base Certificate most recently delivered by the German Borrowers pursuant to Section 8.01(j).

German Borrowing Base means, as of any date of determination, the result of:

German Borrowing Base. German Collateral Instrument Fees", "German Collateral Instruments", "German Facility Reserve", "German Guaranty", "German Lender", "German Loan Agreement", "German Loan Documents", "German Loans", "German Maximum Drawing Amount", "German Obligations", "German Outstandings", "German Reimbursement Obligations", "German Risk Participation Fee", "German Unpaid Reimbursement Obligations", "Second Amendment" and "Second Amendment Effective Date":

German Borrowing Base. In the case of any German Borrower, the "Borrowing Base" of such German Borrower, for this purpose as the term Borrowing Base is defined in the German Loan Agreement."