Borrower Materials. Borrowing Base Reports, Compliance Certificates, Notices of Borrowing, Notices of Conversion/Continuation, and other information, reports, financial statements and materials delivered by Obligors under the Loan Documents. Borrowing: Loans made or converted together on the same day, with the same interest option and, if applicable, Interest Period. Borrowing Base: on any date of determination, an amount equal to the lesser of (a) the Commitment; or (b) the Accounts Formula Amount minus the Availability Reserve.
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Samples: Loan and Security Agreement (Arlo Technologies, Inc.)
Borrower Materials. Borrowing Base Reports, Compliance Certificates, Notices of Borrowing, Notices of Conversion/Continuation, and other information, reports, financial statements and materials delivered by Obligors under the Loan Documents. Borrowing: Loans made or converted together on the same day, with the same interest option and, if applicable, Interest Period. Borrowing Base: on any date of determination, an amount equal to the lesser of (a) the Commitment; or (b) the Accounts Formula Amount minus the Availability Reserve.to:
Appears in 1 contract
Samples: Loan and Security Agreement (Orion Energy Systems, Inc.)
Borrower Materials. Borrowing Base Reports, Compliance Certificates, Notices of Borrowing, Notices of Conversion/Continuation, Certificates and other written information, reports, financial statements and other written materials delivered by Obligors under the Loan DocumentsBorrowers hereunder. Borrowing: Loans made or converted together on the same day, with the same interest option and, if applicable, Interest Period. Borrowing Base: on any date of determination, an amount calculated based on the Borrowing Base Report most recently delivered to the Agent in accordance with this Agreement and reflected on Agent’s system of record, equal to the lesser of (a) the Commitment; or (b) the Accounts Formula Amount minus the Availability Reserve.of:
Appears in 1 contract
Samples: Loan Agreement (Inari Medical, Inc.)
Borrower Materials. Borrowing Base Reports, Compliance Certificates, Notices of Borrowing, Notices of Conversion/Continuation, Certificates and other written information, reports, financial statements and other written materials delivered by Obligors under the Loan DocumentsBorrowers hereunder. Borrowing: Loans made or converted together on the same day, with the same interest option and, if applicable, Interest Period. Borrowing Base: on any date of determination, an the amount calculated based on the Borrowing Base Report most recently delivered to the Agent in accordance with this Agreement and reflected on Agent’s system of record, equal to the lesser of (a) the Commitment; or (b) the Accounts Formula Amount minus the Availability Reserve.of:
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