Common use of No Borrowing Base Deficiency Clause in Contracts

No Borrowing Base Deficiency. After giving effect to any contemplated Borrowing, no Borrowing Base Deficiency with respect to the applicable Fund Group shall exist. For the purposes of calculating the Principal Obligations with respect to a Fund Group, the Principal Obligations of all Qualified Borrowers in such Fund Group will be allocated on a look-through basis to the Fund Group of the Borrower or Borrowers that are guaranteeing such Principal Obligations;