Common use of Borrowing Base Certificate and Investment Report Clause in Contracts

Borrowing Base Certificate and Investment Report. The applicable Borrower will provide an updated Borrowing Base Certificate and, in the case of an Additional Borrower, an Investment Report certified by a Responsible Officer of such Borrower to be true and correct in all material respects setting forth a calculation of the Available Commitment in reasonable detail at each of the following times: (i) concurrently with each Compliance Certificate; (ii) in connection with any new Borrowing; (iii) concurrently with notice of the issuance of any Capital Calls by such Borrower to the Investors in accordance with Section 8.1(c); (iv) concurrently with notice of any distribution that gives rise to Recallable Capital in accordance with Section 8.1(k), (v) within three (3) Business Days after acquiring knowledge of any Investor Exclusion Event or that any Eligible Investment no longer meets the criteria of being an Eligible Investment; and (vi) within three (3) Business Days of any Borrower having knowledge of any other event that reduces the Available Commitment (such as, by way of example, a deemed capital contribution).

Appears in 5 contracts

Samples: Revolving Credit and Security Agreement (Golub Capital BDC 3, Inc.), Revolving Credit and Security Agreement (Golub Capital BDC 3, Inc.), Revolving Credit and Security Agreement (Golub Capital BDC 3, Inc.)

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