Aggregate Deficiency

Example Definitions of "Aggregate Deficiency"
Aggregate Deficiency. Means, at any time, the sum of (a) Borrowing Base Deficiency (if any) at such time; (b) the WAPG Cure Amount (if any) at such time and (c) the Exposure Coverage Deficiency (if any) at such time; provided that if an amount of cash and the Borrowing Base Value of certain Collateral Obligations less than the sum of (a), (b) and (c) would be sufficient to eliminate any Borrowing Base Deficiency, cause the Weighted Average Price Gap to equal at least 20% as of such time and eliminate any Exposure... Coverage Deficiency, then the Aggregate Deficiency shall be such lesser amount and/or such Collateral Obligations. View More
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