Borrowing Base Certifications and Related Documents Sample Clauses

Borrowing Base Certifications and Related Documents. SECTION 14.5 of the Loan Agreement shall be and is hereby amended to read, in its entirety, as follows:
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Borrowing Base Certifications and Related Documents. At least once every seven (7) days, as a condition of each Advance under the Line and otherwise as requested by Bank, a borrowing base certificate in the form of Exhibit “C” attached hereto, together with such additional information as may be requested by Bank, certified as to accuracy by the chief financial officer of each Borrower.
Borrowing Base Certifications and Related Documents. On each Business Day and as otherwise requested by Agent, a Borrowing Base Certificate in the form of Exhibit H attached hereto, together with such additional information as may be requested by Agent, certified as to accuracy by the chief financial officer, controller, director of corporate reporting or president of Borrower."
Borrowing Base Certifications and Related Documents. Within thirty (30) days of the end of each month and otherwise as requested by Bank, a borrowing base certificate in the form of Exhibit "B" attached hereto, together with such additional information as may be requested by Bank, including, without limitation, statements of Borrowers' accounts receivable and any aging thereof, certified as to accuracy by the chief financial officer of Borrowers.
Borrowing Base Certifications and Related Documents. (a) Within fifteen (15) days after the end of each calendar month, (b) contemporaneously with each request for an Advance, if requested by Bank, and (c) within a reasonable time after having been otherwise requested by Bank from time to time, a borrowing base certificate in the form of EXHIBIT "C" attached hereto, together with a summary page regarding aging of Borrowers' accounts receivable and such additional information as may be requested by Bank, certified as to accuracy by the chief financial officer of each Borrower.
Borrowing Base Certifications and Related Documents. At least once every calendar week and otherwise as requested by Agent, a Borrowing Base Certificate in the form of EXHIBIT H attached hereto together with such additional information as may be requested by Agent, certified as to accuracy by the chief financial officer, controller, director of corporate reporting, or president of Borrower and TMCI."
Borrowing Base Certifications and Related Documents. At least once every calendar month (within fifteen (15) days after the end of each calendar month), as a condition of each Advance under the Revolving Line and otherwise as requested by Bank, a borrowing base certificate in the form of EXHIBIT "D" attached hereto, together with such additional information as may be requested by Bank, certified as to accuracy by the President or chief financial officer of Borrower.
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Borrowing Base Certifications and Related Documents. At least once every calendar week and otherwise as requested by Agent, a Borrowing Base Certificate in the form of Exhibit H attached hereto together with such additional information as may be requested by Agent, certified as to accuracy by the chief financial officer, controller, director of corporate reporting, or president of Borrower.
Borrowing Base Certifications and Related Documents. Within fifteen (15) days after the end of each calendar month if there are no outstanding Line Advances during such month and at least once every seven (7) days at any time Line Advances are outstanding, as a condition of each Advance under the Line and otherwise as requested by Agent, a borrowing base certificate in the form of Exhibit "B" attached hereto, together with such additional information as may be requested by Agent, certified as to accuracy by the chief financial officer of Borrower.

Related to Borrowing Base Certifications and Related Documents

  • Execution of Loan Documents; Borrowing Base Certificate The Borrowers hereby empower and authorize the Borrower Representative, on behalf of the Borrowers, to execute and deliver to the Administrative Agent and the Lenders the Loan Documents and all related agreements, certificates, documents, or instruments as shall be necessary or appropriate to effect the purposes of the Loan Documents, including, without limitation, the Borrowing Base Certificates and the Compliance Certificates. Each Borrower agrees that any action taken by the Borrower Representative or the Borrowers in accordance with the terms of this Agreement or the other Loan Documents, and the exercise by the Borrower Representative of its powers set forth therein or herein, together with such other powers that are reasonably incidental thereto, shall be binding upon all of the Borrowers.

  • Borrowing Base Certificate The Administrative Agent shall have received a completed Borrowing Base Certificate duly executed by a financial officer of the Borrower, setting forth the calculation of the initial Borrowing Base as of the last day of the month preceding the date of the initial Advance under the Revolving Facility or the initial Letter of Credit.

  • Borrowing Base Certificates The Borrowers shall deliver to the Administrative Agent (and the Administrative Agent shall promptly deliver same to the Lenders) quarterly Borrowing Base Certificates within 20 days of the fiscal quarter then ended prepared as of the close of business on the last Business Day of the previous fiscal quarter (provided that (1) during a Monthly Reporting Period, the Borrowers shall deliver to the Administrative Agent monthly Borrowing Base Certificates by the 20th day of each month prepared as of the close of business on the last Business Day of the previous month or (2) a Liquidity Event shall have occurred and be continuing, the Borrowers shall deliver to the Administrative Agent weekly Borrowing Base Certificates by Wednesday of every week prepared as of the close of business on Friday of the previous week, which weekly Borrowing Base Certificates shall be in standard form unless otherwise reasonably agreed to by the Administrative Agent; it being understood that (i) Inventory amounts shown in the Borrowing Base Certificates delivered on a weekly basis will be based on the Inventory amount (a) set forth in the most recent weekly report, where possible, and (b) for the most recently ended month for which such information is available with regard to locations where it is impracticable to report Inventory more frequently, and (ii) the amount of Eligible Accounts shown in such Borrowing Base Certificate will be based on the amount of the gross Accounts set forth in the most recent weekly report, less the amount of ineligible Accounts reported for the most recently ended month). All calculations of Availability in any Borrowing Base Certificate shall be made by the Borrowers and certified by a Responsible Officer, provided that the Administrative Agent may from time to time review and adjust any such calculation in consultation with the Lead Borrower (a) to reflect its reasonable estimate of declines in value of any Collateral, due to collections received in the Dominion Account or otherwise; (b) to adjust advance rates to reflect changes in dilution, quality, mix and other factors affecting Collateral; and (c) to the extent the calculation is not made in accordance with this Agreement or does not accurately reflect the Availability Reserve. By the 20th day after the end of each fiscal quarter (commencing with the fiscal quarter ending June 30, 2012), the Borrowers shall deliver (i) to the Administrative Agent an Applicable Margin Certificate setting forth a calculation of the Average Availability for the fiscal quarter most recently ended and the corresponding Applicable Margins, and (ii) updates, if any, to Schedule O to the Collateral Questionnaire to reflect all locations of Inventory at the end of the fiscal quarter then ended.

  • to Compliance Certificate Financial Covenants of Borrower In the event of a conflict between this Schedule and the Loan Agreement, the terms of the Loan Agreement shall govern. Dated:

  • Borrowing Base Reports Within thirty (30) days after the last day of each month, aged listings of accounts receivable and accounts payable (by invoice date) (the “Borrowing Base Reports”);

  • Compliance Certificate; Statements as to Defaults The Company shall deliver to the Trustee within 120 days after the end of each fiscal year of the Company (beginning with the fiscal year ending on December 31, 2020) an Officer’s Certificate stating whether the signers thereof have knowledge of any failure by the Company to comply with all conditions and covenants then required to be performed under this Indenture and, if so, specifying each such failure and the nature thereof. In addition, the Company shall deliver to the Trustee, as soon as possible, and in any event within 30 days after the occurrence of any Event of Default or Default, an Officer’s Certificate setting forth the details of such Event of Default or Default, its status and the action that the Company is taking or proposing to take in respect thereof.

  • Compliance Certification From time to time the Sub-Adviser shall provide such certifications with respect to Rule 38a-1 under the 1940 Act, as are reasonably requested by the Fund or the Manager. In addition, the Sub-Adviser will, from time to time, provide a written assessment of its compliance program in conformity with current industry standards that is reasonably acceptable to the Fund to enable the Fund to fulfill its obligations under Rule 38a-1 under the 1940 Act.

  • Financial Condition Certificate The Administrative Agent shall have received a certificate or certificates executed by a Responsible Officer of the Borrower as of the Closing Date, as to certain financial matters, substantially in the form of Exhibit P.

  • Borrowing Base Report The Agent shall have received from the Borrower the initial Borrowing Base Report dated as of the Closing Date.

  • Opinions of Borrower’s Counsel Lender shall have received opinions from Borrower’s counsel with respect to non-consolidation and the due execution, authority, enforceability of the Loan Documents and such other matters as Lender may require, including True-Lease Opinions, an opinion with respect to the priority and perfection of the Collateral and all such opinions shall be in form, scope and substance satisfactory to Lender and Lender’s counsel in their reasonable discretion.

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