Borrowing Base Statement Sample Clauses

Borrowing Base Statement. A Borrowing Base Statement (and any schedules related thereto and including any other information requested by Bank with respect to Borrower’s Accounts) within 30 days after the end of each month;
Sample 1See All (6)
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Borrowing Base Statement. A Borrowing Base Statement (and any schedules related thereto and including any other information reasonably requested by Bank and maintained by Borrower in the ordinary course of Borrower’s business with respect to Xxxxxxxx’s Accounts) (i) at all times when a Non-Formula Period is in effect, within 45 days after the end of each calendar quarter, (ii) at all times when a Non-Formula Period is not in effect but a Streamline Period is in effect, within 30 days after the end of each month and (iii) at all times when neither a Non-Formula Period nor a Streamline Period is not in effect, on a weekly basis on Friday of each week;
Sample 1Sample 2
Borrowing Base Statement. A Borrowing Base Statement (and any schedules related thereto, including without limitation a detailed accounts receivable ledger, and including any other information requested by Bank with respect to Lead Borrower’s Accounts) (i) when a Streamline Period is not in effect, on a weekly basis and no later than Monday of each week with respect to the immediately preceding week, (ii) when a Streamline Period is in effect, on a monthly basis and no later than the last day of each month with respect to the immediately preceding month;
Sample 1
Borrowing Base Statement. Section 9.4(b) of the Credit Agreement is hereby amended such that within 30 days of the end of each month, the Facility A Borrower and SunOpta Food Group are no longer required to deliver a full listing of aged Accounts Receivable and detailed list of Inventory, rather the Facility A Borrower and/or SunOpta Food Group will, as applicable, delver a summary listing of aged Accounts Receivable and a summary listing of Inventory acceptable to the Agent and/or the US Administrative Agent, as applicable.
Sample 1
Borrowing Base Statement. Only when Advances are outstanding or are being requested by Xxxxxxxx, a Borrowing Base Statement (and any schedules related thereto and including any other information reasonably requested by Bank with respect to Borrower’s Accounts) (i) no later than Friday of each week when a Streamline Period is not in effect, (ii) within thirty (30) days after the end of each month when a Streamline Period is in effect, and (iii) with each request for an Advance;
Sample 1
Borrowing Base Statement. A Borrowing Base Statement (and any schedules related thereto and including any other information requested by Bank with respect to Borrower’s Accounts) (i) with each request for an Advance, (ii) within seven (7) days of each month when the outstanding balance of the Revolving Line is greater than Zero Dollars ($0.00), and (iii) within twenty (20) days after the end of each month when the outstanding balance of the Revolving Line is Zero Dollars ($0.00);
Sample 1
Borrowing Base Statement. A Borrowing Base Statement (and any schedules related thereto, including without limitation a detailed accounts receivable ledger, and including any other information requested by Bank with respect to Lead Borrower’s Accounts) (i) when a Streamline Period is not in effect, on a weekly basis and no later than Monday of each week with respect to the immediately preceding week, (ii) when a Streamline Period is in effect, on a monthly basis and (A) with respect to the month ending June 30, 2023, no later than the day that is forty-five (45) days after the last day of the subsequent month, and (B) with respect to each other month with respect to, no later than the immediately precedinglast day of the subsequent month;
Sample 1
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Borrowing Base Statement. A Borrowing Base Statement (and any schedules related thereto and including any other information requested by Bank with respect to Xxxxxxxx’s Accounts) no later than thirty (30) days after the end of each month when a Streamline Period is not in effect and any Advances are outstanding;
Sample 1

Related to Borrowing Base Statement

  • Borrowing Base Certificate The Administrative Agent shall have received a Borrowing Base Certificate which calculates the Borrowing Base as of the end of the month immediately preceding the Effective Date.

  • Borrowing Base If, at any time, (A) the Revolver Usage on such date exceeds (B) the lesser of (x) the Borrowing Base reflected in the Borrowing Base Certificate most recently delivered by Borrowers to Agent, or (y) the Maximum Revolver Amount, in all cases as adjusted for Reserves established by Agent in accordance with Section 2.1(c), then Borrowers shall immediately prepay the Obligations in accordance with Section 2.4(f)(i) in an aggregate amount equal to the amount of such excess.

  • Initial Borrowing Base For the period from and including the Closing Date to but excluding the first Redetermination Date, the amount of the Borrowing Base shall be $2,250,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 2.14(e), (f) and (g).

  • Borrowing Base Certificates Prior to the occurrence of a Reporting Trigger Event (and after a Reporting Trigger Event has not existed for 30 consecutive days), Borrowers shall, by the 12th Business Day of each month, deliver to Agent (and Agent shall promptly deliver same to Lenders) a Borrowing Base Certificate prepared as of the close of business of the previous month, and at such other times as Agent may reasonably request. After the occurrence of a Reporting Trigger Event and until such time as a Reporting Trigger Event has not existed for 30 consecutive days, Borrowers shall, on or before 10:00 p.m. on the second Business Day of each week, deliver to Agent (and Agent shall promptly deliver same to Lenders) a Borrowing Base Certificate prepared as of the close of business of Friday of the immediately preceding week, and at such other times as Agent may reasonably request. All calculations of Availability in any Borrowing Base Certificate shall originally be made by Borrowers and signed by a Senior Officer or the Controller of Borrower Agent or its general partner, provided that Agent may in its Permitted Discretion from time to time review and adjust any such calculation (a) to reflect its reasonable estimate of declines in value of any Collateral, due to collections received in the Dominion Account or otherwise; and (b) to the extent the calculation is not made in accordance with this Agreement or does not accurately reflect the Availability Reserve. Furthermore, Borrower shall, on or before the Inventory Structuring Transaction Commencement Date applicable to each Permitted Inventory Structuring Transaction, deliver to Agent (and Agent shall deliver to Lenders) an updated Borrowing Base Certificate prepared as of the close of business of the month immediately preceding such Inventory Structuring Transaction Commencement Date, adjusted to exclude from the Borrowing Base (i) all Accounts of such Inventory Structuring Subsidiary owed by the applicable Inventory Structuring Counterparty, (ii) all Accounts of such Inventory Structuring Subsidiary which constitute or consist of insurance proceeds of any Hydrocarbon Inventory at any Inventory Structuring Location or any proceeds of such insurance proceeds, (iii) all Inventory of such Inventory Structuring Subsidiary at any Inventory Structuring Location, and (iv) without duplication of the foregoing, any cash or Cash Equivalents pledged to secured the obligations with respect to such Permitted Inventory Structuring Transaction. On or after the Inventory Structuring Transaction Termination Date with respect to any Permitted Inventory Structuring Transaction, Borrower Agent may deliver to Agent (and Agent shall deliver to Lenders) an updated Borrowing Base Certificate prepared as of the close of business of the immediately preceding month, adjusted to include in the Borrowing Base any Collateral previously excluded solely as a result of being subject to such Permitted Inventory Structuring Transaction, together with a certificate certifying that the Inventory Structuring Transaction Termination Date with respect to such Permitted Inventory Structuring Transaction has occurred, and such Collateral shall be eligible for inclusion in the Borrowing Base (subject to the requirements otherwise set forth in this Agreement).

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