Common use of Borrowing Base Amount Clause in Contracts

Borrowing Base Amount. The lesser of (i) the Borrowing Base Amount and (ii) the Mortgageability Amount to be $140,000,000 or greater.

Borrowing Base Amount. The lesser of (i) the Borrowing Base Amount and (ii) the Mortgageability Amount to be $140,000,000 130,000,000 or greater.