Asset Base Report. An Asset Base Report signed by a responsible officer of the Borrower and in substantially the form of Exhibit A hereto.
Asset Base Report. The Issuer shall prepare and deliver to the Indenture Trustee, each Series Enhancer, each Interest Rate Hedge Provider and the Administrative Agent on each Determination Date, an Asset Base Report.
Asset Base Report. A certificate with appropriate insertions setting forth the components of the Asset Base as of the date of determination for which such certificate is submitted, which certificate shall be substantially in the form of an Exhibit to the Indenture (and, for purposes of any Series, including any additional Asset Base Report that may be required pursuant to the terms of the Supplement under which such Series was issued) and shall be certified by an Authorized Signatory of the Manager or one of its permitted Affiliates on behalf of the Manager. The Asset Base Report will include (a) for each equipment type (i) utilization, (ii) average per diem rate, (iii) number of units, (iv) Original Equipment Cost, (v) Net Book Value, (vi) Weighted Average Age, and (vii) average remaining lease term; (b) collateral disposition details including (i) number and Net Book Value of containers sold in the ordinary course of business and number and Net Book Value of containers transferred to an Affiliate and (ii) average sales proceeds, average Net Book Value, average Original Equipment Cost, and Weighted Average Age by equipment type at time of sale; and (c) top 10 lessee concentrations by Net Book Value. The Asset Base Report may include additional information.
Asset Base Report. On or prior to (i) each Determination Date and (ii) any date on which an advance of funds is made to Issuer under any Supplement, Manager will deliver to Issuer, the Indenture Trustee, and the Administrative Agent an Asset Base Report, calculated using the data available to Manager (x) with respect to the Asset Base Report delivered on each Determination Date, as of the end of the immediately preceding Collection Period, and (y) with respect to the Asset Base Report delivered on each advance date, as of the date of such Asset Base Report and after giving effect to such advance.
Asset Base Report. If and for so long as a Loan Agreement is in effect, Manager will deliver to Owner and the Administrative Agent, on or prior to (a) each Determination Date (as defined in the Loan Agreement) and (b) each Funding Date (as defined in the Loan Agreement), a report in form reasonably satisfactory to Owner, Manager and the Administrative Agent, setting forth the asset base under the Loan Agreement, calculated using the data available to Manager (x) with respect to the report delivered on any Determination Date, as of the end of the immediately preceding Collection Period (as defined in the Loan Agreement), and (y) with respect to the report delivered on any Funding Date, as of the date of such report and after giving effect to the advance under the Loan Agreement to be made on such Funding Date.
Asset Base Report. On or prior to (i) each Determination Date and (ii) each Funding Date, Manager will deliver to Owner, the Administrative Agent and each Interest Rate Hedge Counterparty a report of the Manager completed on the form of Exhibit B to this Agreement (an “Asset Base Report”), calculated using the data available to Manager (x) in the case of any Asset Base Report delivered on any Determination Date, as of the end of the immediately preceding Collection Period, and (y) in the case of any Asset Base Report delivered on any Funding Date, as of such Funding Date and after giving effect to the making of the applicable Loan.
Asset Base Report. The Administrative Agent shall have received an Asset Base Report, prepared on a pro-forma basis, five (5) business days or less prior to the Closing Date.
Asset Base Report. If and for so long as a Loan Agreement is in effect, within ten (10) Business Days after the end of each calendar month, Manager will deliver to Owner, TAP and the Administrative Agent a report in form reasonably satisfactory to Owner, Manager and the Administrative Agent, setting forth the asset base under the Loan Agreement, calculated using the data available to Manager as of the end of such month.
Asset Base Report. The Issuer shall have delivered to the Administrative Agent a duly completed and executed Asset Base Report, determined after giving effect to any Eligible Containers to be acquired with the proceeds of such Series 2012-1 Advance and any associated Manufacturer Debt with respect to the Containers to be acquired with the proceeds of such Series 2012-1 Advance, which demonstrates that, after giving effect to such Series 2012-1 Advance, the sum of the then unpaid principal balance of all Series of Senior Notes then Outstanding (calculated after giving effect to the requested Series 2012-1 Advance) does not exceed the Senior Asset Base.
Asset Base Report. An Asset Base Report signed by a responsible officer of the Borrowers and in substantially the form of Exhibit A hereto. Asset Value Adjustment Date. The date on which the Net Book Values of all Containers owned by the Borrowers on the Closing Date are adjusted upward as a result of the consummation of the Acquisition; provided, however, that the Asset Value Adjustment Date shall not occur unless the Administrative Agent shall have approved (such approval to not be unreasonably withheld or delayed) both (i) the amount of any such upward adjustments in the Net Book Values of such Containers, and (ii) any revision in the Depreciation Policy to be implemented in connection with such adjustments.
