Daily Borrowing Base Reporting Clause Samples

Daily Borrowing Base Reporting. As soon as available, and in any event prior to 12 p.m. (noon) Eastern Standard Time on each Business Day, and at such other times as may be necessary to re-determine availability of Advances hereunder or as may be requested by the Lender, Borrower will, and will cause each Subsidiary to, furnish to Lender (or will cause to be furnished to Lender) a certificate certifying as to the amount of and calculation of the Borrowing Base as of the close of business on the immediately preceding Business Day (or such other date as the Lender may request), together with all supporting information in connection therewith and such additional reports with respect to the Borrowing Base as the Lender may reasonably request.