Dutch Borrowing Base Reports Sample Clauses

Dutch Borrowing Base Reports. (i) so long as no Trigger Period exists, by the 20th day of each month, Dutch Borrowers shall deliver to Agent (and Agent shall promptly deliver same to Dutch Lenders) a Dutch Borrowing Base Report as of the close of business of the previous month, (ii) during the existence of a Trigger Period, by the second Business Day of each week, Dutch Borrowers shall deliver to Agent (and Agent shall promptly deliver same to Dutch Lenders) a Dutch Borrowing Base Report as of the close of business of the previous week, and (iii) at such other times as Agent may request. All information (including calculation of Dutch Availability) in a Dutch Borrowing Base Report shall be certified by Dutch Borrowers. Agent may from time to time adjust such report (a) to reflect Agent’s reasonable estimate of declines in value of Dutch Collateral, due to collections received in the applicable Dominion Account or otherwise; (b) to adjust advance rates to reflect changes in dilution, quality, mix and other factors affecting Dutch Collateral; and (c) to the extent any information or calculation does not comply with this Agreement.