Common use of Borrowing Base Clause in Contracts

Borrowing Base. Agent shall have received evidence from Borrowers that the aggregate amount of Eligible Receivables and Eligible Inventory is sufficient in value and amount to support Advances in the amount requested by Borrowers on the Closing Date;

Borrowing Base. Agent shall have received evidence from Borrowers that the aggregate amount of Eligible Receivables and Eligible Inventory is sufficient in value and amount to support Advances in the amount requested by Borrowers on the Closing Date;

Borrowing Base. Agent shall have received evidence from Borrowers Borrower that the aggregate amount of Eligible Receivables and Eligible Inventory is sufficient in value and amount to support Advances in the amount requested by Borrowers Borrower on the Closing Date;

Borrowing Base. Agent shall have received reasonable evidence from Borrowers that the aggregate amount of Eligible Receivables, Eligible Unbilled Receivables and Eligible Inventory is sufficient in value and amount to support Revolving Advances in the amount requested by Borrowers on the Closing Date;

Borrowing Base. Agent shall have received evidence from Borrowers the Loan Parties that the aggregate amount of Eligible Receivables and Eligible Inventory is sufficient in value and amount to support Advances in the amount requested by Borrowers the Loan Parties on the Closing Amendment and Restatement Date;

Borrowing Base. Agent shall have received evidence from Borrowers that the aggregate amount of Eligible Receivables Receivables, Eligible Vendor Receivables, Eligible Credit Card Receivables, Eligible Inventory and Eligible Fuel Inventory is sufficient in value and amount to support Advances in the amount requested by Borrowers on the Closing Date;

Borrowing Base. Agent shall have received evidence from Borrowers Borrower that the aggregate amount of Eligible Receivables and Eligible Inventory is sufficient in value and amount to support Advances in the amount requested by Borrowers Borrower on the Closing Date;

Borrowing Base. Agent and each Lender shall have received evidence from Borrowers that the aggregate amount of Eligible Receivables and Eligible Inventory is sufficient in value and amount to support Advances in the amount requested by Borrowers on the Closing Date;

Borrowing Base. Agent shall have received received, in form and substance --------------- satisfactory to Agent, evidence from Borrowers Borrower that the aggregate amount of Eligible Receivables and Eligible Inventory is sufficient in value and amount to support Advances in the amount requested by Borrowers Borrower on the Closing Date;

Borrowing Base. Agent shall have received reasonable evidence from Borrowers that the aggregate amount of Eligible Receivables, Eligible Unbilled Receivables and Eligible Inventory is sufficient in value and amount to support Revolving Advances in the amount requested by Borrowers on the Closing Date;; [Innovex] 2nd A&R Credit Agreement 123

Borrowing Base. The Agent shall have received evidence from the Borrowers that the aggregate amount of Eligible Receivables and Eligible Inventory is sufficient in value and amount to support the Advances in the amount requested by the Borrowers on the Closing Date;

Borrowing Base. Administrative Agent shall have received evidence from Borrowers that the aggregate amount of Eligible Receivables and Eligible Inventory is sufficient in value and amount to support Advances in the amount requested by Borrowers on the Closing Date;

Borrowing Base. Agent Agents shall have received evidence from Borrowers that the aggregate amount of Eligible Receivables, Eligible Insured Foreign Receivables and Eligible Inventory is sufficient in value and amount to support Advances in the amount requested by Borrowers on the Closing Date;

Borrowing Base. Agent shall have received evidence from Borrowers that the aggregate amount of Eligible Receivables and Eligible Inventory Receivables, is sufficient in value and amount to support Advances in the amount requested by Borrowers on the Closing Date;

Borrowing Base. Agent shall have received evidence from Borrowers Loan Parties that the aggregate amount of Eligible Receivables, Eligible Unbilled Receivables and Eligible Inventory is sufficient in value and amount to support Advances in the amount requested by Borrowers Loan Parties on the Closing Date;

Borrowing Base. Agent shall have received evidence from Borrowers that the aggregate amount of Eligible Consumer Receivables and Eligible Inventory is sufficient in value and amount to support Advances in the amount requested by Borrowers on the Closing Date;

Borrowing Base. Agent shall have received evidence from Borrowers that the aggregate amount of Eligible Receivables and Eligible Domestic Finished Goods Inventory is sufficient in value and amount to support Advances in the amount requested by Borrowers on the Closing Date;

Borrowing Base. Agent shall have received evidence from Borrowers that the aggregate amount of Eligible Receivables Receivables, Eligible Equipment and Eligible Inventory Unbilled Receivables is sufficient in value and amount to support Advances in the amount requested by Borrowers on or as of the Closing Date;

Borrowing Base. Agent shall have received evidence from Borrowers Borrower that the aggregate amount of Eligible Receivables Inventory and Eligible Inventory Receivables is sufficient in value and amount to support Advances in the amount requested by Borrowers Borrower on the Closing Date;

Borrowing Base. Agent shall have received evidence from Borrowers that the aggregate amount of Eligible Receivables Receivables, Eligible Inventory and Eligible Inventory Securities is sufficient in value and amount to support Advances in the amount requested by Borrowers Borrowing Agent on the Closing Date;; (u)

Borrowing Base. Agent shall have received evidence from -------------- Borrowers that the aggregate amount of Eligible Receivables, Eligible Third Party Receivables and Eligible Inventory is sufficient in value and amount to support Advances in the amount requested by Borrowers on the Closing Date;

Borrowing Base. Agent shall have received evidence from Borrowers satisfactory to Agent that the aggregate amount of Eligible Receivables and Eligible Inventory as of the Closing Date is sufficient in value and amount to support Advances in the amount requested by Borrowers Borrower on the Closing Date;

Borrowing Base. Agent shall have received evidence from Borrowers that the aggregate amount of the Eligible Receivables and Eligible Inventory as of October 31, 2005 is sufficient in value and amount to support Advances in the amount requested by Borrowers on the Closing Date;

Borrowing Base. Agent shall have received evidence from Borrowers that the aggregate amount of Eligible Receivables and Eligible Inventory Xxxxx Receivables is sufficient in value and amount to support Advances in the amount requested by Borrowers on the Closing Date;

Borrowing Base. Agent shall have received received, in form and substance satisfactory to Agent, evidence from Borrowers Borrower that the aggregate amount of Eligible Receivables Accounts and Eligible Inventory is sufficient in value and amount to support Advances in the amount requested by Borrowers Borrower on the Closing Date;

Borrowing Base. Agent shall have received received, in form and substance satisfactory to Agent in its sole discretion, evidence from Borrowers Borrower that the aggregate amount of Eligible Receivables and Eligible Inventory is sufficient in value and amount to support Advances in the amount requested by Borrowers Borrower on the Closing Date;

Borrowing Base. Agent shall have received evidence from Borrowers that the aggregate amount of Eligible Receivables Receivables, Eligible Inventory, and Eligible Inventory Equipment is sufficient in value and amount to support Advances in the amount requested by Borrowers on the Closing Date;

Borrowing Base. Agent shall have received evidence from Borrowers that the aggregate amount of Eligible Receivables Domestic Receivables, Eligible Domestic Inventory and Eligible Inventory Equipment is sufficient in value and amount to support Advances in the amount requested by US Borrowers on the Closing Date;

Borrowing Base. Agent shall have received evidence from Borrowers that the aggregate amount of Eligible Receivables Receivables, Eligible Credit Card Receivables, Eligible Inventory, and Eligible Domestic In-Transit Inventory is sufficient in value and amount to support Advances in the amount requested by Borrowers on the Closing Date;

Borrowing Base. Agent shall have received evidence from Borrowers that the aggregate amount of Eligible Receivables and Eligible Inventory is sufficient in value and amount to support Advances in the amount requested by Borrowers on the Closing Date;; and

Borrowing Base. Agent shall have received evidence from Borrowers in the form of a Borrowing Base Certificate that the aggregate amount of Eligible Receivables and Eligible Inventory is sufficient in value and amount to support Advances in the amount requested by Borrowers on the Closing Date;

Borrowing Base. Agent shall have received evidence from Borrowers -------------- that the aggregate amount of Eligible Receivables and Eligible Inventory is sufficient in value and amount to support Advances in the amount requested by Borrowers on the Closing Date;

Borrowing Base. Agent shall have received evidence from Borrowers Borrower that the aggregate amount of Eligible Receivables Inventory and Eligible Inventory Receivables is sufficient in value and amount to support Advances in the amount requested by Borrowers on the Closing Dateunder this Agreement;

Borrowing Base. Agent shall have received evidence from Borrowers that the aggregate amount of Eligible Receivables and Eligible Inventory is sufficient in value and amount to support Advances in the amount requested by Borrowers on the Closing Date and that Borrowers possess sufficient Undrawn Availability on the Closing Date;

Borrowing Base. Agent shall have received evidence from Borrowers that the aggregate amount of Eligible Receivables Receivables, Eligible Inventory and Eligible Inventory Real Property is sufficient in value and amount to support Advances in the amount requested by Borrowers on the Closing Date;

Borrowing Base. Agent shall have received evidence from Borrowers the Loan Parties that the aggregate amount of Eligible Receivables and Eligible Inventory is sufficient in value and amount to support Advances in the amount requested by Borrowers the Loan Parties on the Closing Date;

Borrowing Base. Agent shall have received evidence from Borrowers Borrowing Agent that the aggregate amount of Eligible Receivables and Eligible Inventory is sufficient in value and amount to support Advances in the amount requested by Borrowers on the Closing Date;

Borrowing Base. Agent shall have received evidence from Borrowers Obligors that the aggregate amount of Eligible Receivables and Eligible Inventory is sufficient in value and amount to support as contemplated by Section 2.1(c) hereof, Revolving Advances in and the amount requested by Borrowers advances of the same to domestic Subsidiaries of the Borrower to be made on the Closing Date;

Borrowing Base. Agent shall have received evidence from Borrowers that the aggregate amount of Eligible Receivables Receivables, Eligible Rig Fleet Equipment and Eligible Inventory Equipment is sufficient in value and amount to support Advances in the amount requested by Borrowers on the Closing Date;

Borrowing Base. Agent shall have received evidence from Borrowers that the aggregate amount of Eligible Receivables and Eligible Inventory is sufficient in value and amount to support Advances in the amount requested by Borrowers Borrower on the Closing Date;

Borrowing Base. Agent shall have received evidence from Borrowers that the aggregate amount of Eligible Receivables and Eligible Inventory is sufficient in value and amount to support Advances in the amount requested by Borrowers on the Closing Date;

Borrowing Base. Agent shall have received evidence from Borrowers that the aggregate amount of Eligible Receivables and Eligible Inventory is sufficient in value and amount to support Advances in the amount requested by Borrowers on the Closing Date;

Borrowing Base. Agent shall have received evidence from Borrowers that the aggregate amount of Eligible Receivables and Eligible Inventory is sufficient in value and amount to support Advances in the amount requested by Borrowers on the Closing Date;; (ee)

Borrowing Base. Agent shall have received evidence from -------------- Borrowers that the aggregate amount of Eligible Receivables, Eligible Third Party Receivables and Eligible Inventory is sufficient in value and amount to support Revolving Advances in the amount requested by Borrowers on the Closing Date;

Borrowing Base. Agent shall have received evidence from Borrowers that the aggregate amount of Eligible Receivables Receivables, Eligible Unbilled Receivables, Eligible Inventory and Eligible Rental Fleet Inventory is sufficient in value and amount to support the outstanding Advances in hereunder, after giving effect to the amount funding of any Advances requested by Borrowers to be made on the Closing Restatement Date;

Borrowing Base. Agent shall have received evidence from Borrowers Borrower that the aggregate amount of Eligible Receivables and Eligible Inventory is sufficient in value and amount to support Revolving Advances in the amount requested by Borrowers Borrower on the Closing Date;

Borrowing Base. Agent shall have received evidence from Borrowers Borrower that the aggregate amount of Eligible Receivables and Eligible Inventory is sufficient in value and amount to support Revolving Advances and Letters of Credit in the amount requested by Borrowers Borrower on the Closing Date;

Borrowing Base. Administrative Agent, Collateral Agent and each Lender shall have received evidence from Borrowers that the aggregate amount of Eligible Receivables, Eligible Unbilled Receivables and Eligible Inventory is sufficient in value and amount to support Advances in the amount requested by Borrowers on the Closing Date;

Borrowing Base. Agent shall have received evidence from Borrowers Obligors that the aggregate amount of Eligible Receivables and Eligible Inventory is sufficient in value and amount to support the Advances in the amount requested by Borrowers to be made on the Closing Datethis date and still satisfy Section 8.1(z);

Borrowing Base. Agent shall have received evidence from Borrowers Borrower that the aggregate amount of Eligible Receivables and Eligible Inventory is sufficient in value and amount to support Revolving Advances in the amount requested by Borrowers Borrower on the Closing Effective Date;

Borrowing Base. Administrative Agent shall have received evidence from Borrowers that the aggregate amount of Eligible Receivables and Eligible Inventory is sufficient in value and amount to support Advances in the amount requested by Borrowers on the Original Closing Date;

Borrowing Base. Agent shall have received evidence from Borrowers Loan Parties that the aggregate amount of Eligible Receivables and Eligible Inventory is sufficient in value and amount to support Advances in the amount requested by Borrowers on the Closing Date;; (f)

Borrowing Base. Agent shall have received evidence from Borrowers that the aggregate amount of Eligible Receivables and Eligible Inventory is sufficient in value and amount to support Advances in the amount requested by Borrowers Loan Parties on the Closing Date;

Borrowing Base. Agent shall have received evidence from Borrowers Borrower that the aggregate amount of Eligible Receivables and Eligible Inventory is sufficient in value and amount to support Advances in the amount requested by Borrowers Borrower on the Closing Effective Date;

Borrowing Base. Agent shall have received evidence from --------------- Borrowers that the aggregate amount of Eligible Receivables and Eligible Inventory is sufficient in value and amount to support Advances in the amount requested by Borrowers on the Closing Date;

Borrowing Base. Agent shall have received evidence from Borrowers SunSource that the aggregate amount of Eligible Receivables and Eligible Inventory is sufficient in value and amount to support Advances in the amount requested by Borrowers Credit Parties on the Closing Date;