Borrowing Base

Borrowing Base. Means at any time an amount equal to the amount determined in accordance with Section 2.07, as the same may be adjusted from time to time pursuant to Section 9.11. As of the Third Amendment Effective Date, the Borrowing Base shall be $1,600,000,000.

Borrowing Base. Means, at any time, the lesser of: (a) $6,750,000.00; or (b) commencing sixty days after start-up of operations, the sum of: (i) 75% of Borrower's Eligible Accounts Receivable; plus (ii) 75% of Borrower's Eligible Inventory.

Borrowing Base. As of the relevant date of determination, borrowings will be limited to the lesser of 80% of the net amount of Borrower's Eligible Accounts (less than 90 days) or 2 times trailing twelve month EBITDA of Streamline Health Solutions, Inc.

Borrowing Base. The Borrowing Base shall be equal to the total Depreciated Net Book Value on all PLC Financed Assets. The Borrowing Base shall be reduced by any month-to-month interest or Unused Line Fee accrued on the Note.

Borrowing Base. Means, at any time, the lesser of: (a) the Aggregate Revolving Commitment Amount, and (b) the sum of (i) 60% of Eligible Receivables Value, (ii) the lesser of (A) $20,000,000, or (B) 50% of Eligible Finished Goods Value, (iii) 20% of Eligible Parts Value, and (iv) 10% of Eligible Raw Materials Value.

Borrowing Base. The amount equal to: eighty-five (85%) percent of the Net Amount of Eligible Accounts of Borrower plus (B) the least of: fifty (50%) percent of the Value of Eligible Inventory consisting of finished goods and Bulk Inventory and raw materials, seventy-five (75%) percent of the Net Recovery Percentage with respect to Eligible Inventory consisting of finished goods and Bulk Inventory and raw materials or $10,000,000, less (C) any Reserves.

Borrowing Base. Means at any time the lesser of: (a) the Maximum Line; or (b) subject to change from time to time in the Lender's sole discretion, the sum of: (i) 85% of Eligible Accounts, plus (ii) during the Foreign Accounts Eligibility Period, the lesser of (A) 85% of Eligible Foreign Accounts or (B) $1,500,000; plus (iii) the lesser of (A) 34% of Eligible Inventory that consists of raw material, or (B) $2,500,000; plus (iv) the lesser of (A) 50% of Eligible Inventory that consists of works in progress, or... (B) $6,000,000; plus (v) the lesser of (A) 31% of Eligible Inventory that consists of finished goods, or (B) $6,000,000. View More

Borrowing Base. An amount equal to fifty percent (50%) of the positive difference of (a) the aggregate value of Borrower's Eligible Inventory, minus (b) Borrower's outstanding accounts payable attributed to merchandise inventories as shown on Borrower's most recent Financial Statements and as determined in accordance with GAAP

Borrowing Base. At any time, an amount equal to the outstanding balances of all secured land acquisition and development loans made by Borrower and all equity interests owned by Borrower, the repayment of which is secured; in each case, whether payment or priority of liens is subordinate to payment or priority of liens in favor of any other creditor, provided that the Borrowing Base shall at no time exceed a Combined Loan-to-Value Ratio of 90% of the Retail Appraised Value of all subordinate loans and equity... interests for land development and/or land acquisition owned by Borrower and 90% of the Retail Appraised Value for first lien secured loans for land development and/or land acquisition owned by Borrower. View More

Borrowing Base. Means at any time the lesser of: (a) The Maximum Line Amount; or (b) Subject to change from time to time in the Lender's sole discretion with prior written or facsimile notice to the Borrower, the sum of: (i) (A) between December 1 and August 31, the lesser of (1) 85% of the Net Orderly Liquidation Value of Eligible Inventory or (2) 70% of Eligible Inventory, and (B) between September 1 and November 30 the lesser of (1) 90% of the Net Orderly Liquidation Value of Eligible Inventory or (2) 80%... of Eligible Inventory; in each case less (ii) Obligations that the Borrower owes to the Lender that have not yet been advanced on the Revolving Note, and the dollar amount that the Lender in its discretion believes is a reasonable determination of the Borrower's credit exposure with respect to Wells Fargo Affiliate Obligations. View More