ABL Borrowing Base Certificate Clause Samples

ABL Borrowing Base Certificate. (i) Each Account reflected in the most recent ABL Borrowing Base Certificate as eligible for inclusion as an Eligible Account (as defined in the ABL Credit Agreement) is an Eligible Account, (ii) the Inventory reflected in the most recent ABL Borrowing Base Certificate as eligible for inclusion in the Borrowing Base constitutes Eligible Inventory, (iii) the M&E (as defined in the ABL Credit Agreement) reflected BUSINESS.31509358.18 in the most recent ABL Borrowing Base Certificate as eligible for inclusion in the ABL Borrowing Base constitutes Eligible M&E (as defined in the ABL Credit Agreement), and (iv) the Real Property reflected in the most recent ABL Borrowing Base Certificate as eligible for inclusion in the ABL Borrowing Base constitutes Eligible Real Property (as defined in the ABL Credit Agreement) .