Common use of Borrowing Base Components Clause in Contracts

Borrowing Base Components. (a) cash and Cash Equivalents of the Borrowers and their Subsidiaries in Dollars that are subject to an Acceptable Security Interest $ 100 % $ (b) Tier I Eligible Accounts $ 90 % $ (c) Tier II Eligible Accounts $ 80 % $ (d) Tier I Unbilled Eligible Accounts $ 85 % $ (e) Tier II Unbilled Eligible Accounts $ 80 % $ (f) positive value of Eligible Exchange Accounts $ 80 % $ (g) positive value of Imbalances $ 80 % $ (h) Eligible Inventory $ 85 % $ (i) Eligible LDC Residual Contract Rights $ 85 % $ (j) Undelivered Product Value $ 80 % $ (k) Swap Termination Value owed by a Borrower or any of its Subsidiaries for any Swap Contract between a Borrower or any of its Subsidiaries and a Swap Counterparty $ 120 % $ (l) First Purchaser Liens $ 100 % $ (m) (i) From the Closing Date through December 12, 2008, $35,000,000.00 $

Appears in 1 contract

Sources: Credit Agreement (MxEnergy Holdings Inc)

Borrowing Base Components. (a) cash and Cash Equivalents of the Borrowers and their Subsidiaries in Dollars that are subject to an Acceptable Security Interest $ 100 % $ (b) Tier I Eligible Accounts $ 90 % $ (c) Tier II Eligible Accounts $ 80 % $ (d) Tier I Unbilled Eligible Accounts $ 85 % $ (e) Tier II Unbilled Eligible Accounts $ 80 % $ (f) positive value of Eligible Exchange Accounts $ 80 % $ $ (g) positive value of Imbalances $ 80 % $ (h) Eligible Inventory $ 85 % $ (i) Eligible LDC Residual Contract Rights $ 85 % $ (j) Undelivered Product Value $ 80 % $ (k) Swap Termination Value owed by a Borrower or any of its Subsidiaries for any $ 120 % $ Swap Contract between a Borrower or any of its Subsidiaries and a Swap Counterparty $ 120 % $Counterparty (l) First Purchaser Liens $ 100 % $ (m) (i) From the Closing Date through December 12, 2008, $35,000,000.00 $

Appears in 1 contract

Sources: Credit Agreement (MxEnergy Holdings Inc)

Borrowing Base Components. (a) cash and Cash Equivalents of the Borrowers and their Subsidiaries in Dollars that are subject to an Acceptable Security Interest $ 100 % $ (b) Tier I Eligible Accounts $ 90 % $ (c) Tier II Eligible Accounts $ 80 % $ (d) Tier I Unbilled Eligible Accounts $ 85 % $ (e) Tier II Unbilled Eligible Accounts $ 80 % $ (f) positive value of Eligible Exchange Accounts $ 80 % $ (g) positive value of Imbalances $ 80 % $ (h) Eligible Inventory $ 85 % $ (i) Eligible LDC Residual Contract Rights $ 85 % $ (j) Undelivered Product Value $ 80 % $ (k) Swap Termination Value owed by a Borrower or any of its Subsidiaries for any Swap Contract between a Borrower or any of its Subsidiaries and a Swap Counterparty $ 120 % $ (l) First Purchaser Liens $ 100 % $ $ (m) (i) From the Closing Date through December 12, 2008, $35,000,000.00 $

Appears in 1 contract

Sources: Credit Agreement (MxEnergy Holdings Inc)