Loan Base Report Clause Samples
Loan Base Report. That report on Bank's standard form, or in a form otherwise acceptable to Bank, to be prepared, signed, dated and delivered by Borrower in accordance with Bank's instructions, and submitted to Bank by Borrower at specified intervals and/or occasions, and detailing pertinent information as regards Accounts and/or Inventory and/or Equipment and/or Real Estate and/or Other Collateral, Reserves, Collateral Loan Value, outstanding Line of Credit balance, and Availability.
Loan Base Report. The Borrowers will furnish to the Lender no less frequently than monthly, within twenty (20) days after the end of each fiscal month, and at such other times as may be requested by the Lender a report of the Borrowing Base (each a “Loan Base Report”; collectively, the “Loan Base Reports”) in the form required from time to time by the Lender, appropriately completed and duly signed. The Loan Base Report shall contain the amount and payments on the Receivables, the value of Inventory, and the calculations of the Borrowing Base, all in such detail, and accompanied by such supporting and other information, as the Lender may from time to time request. The items to be provided under this subsection shall be in form satisfactory to the Lender, and certified as true and correct by a Responsible Officer, and delivered to the Lender from time to time solely for the Lender’s convenience in maintaining records of the Collateral. Any Borrower’s failure to deliver any of such items to the Lender shall not affect, terminate, modify, or otherwise limit the Liens of the Lender in the Collateral.
Loan Base Report. On or before the fifteenth (l5th) day of each month, a Loan Base Report in a form acceptable to Bank signed by the President, chief financial officer, general partner or manager (or member(s)) of the Borrower, as appropriate.
Loan Base Report. On or before the twentieth (20th) day of each quarter, or as provided and/or required in accordance with Schedule DD or more frequently as Bank may require in its sole discretion, a Loan Base Report for the immediately preceding quarter in form acceptable to Bank signed by the President or chief financial officer of the Borrower.
Loan Base Report. The Borrower shall submit completed Loan Base Reports to Bank each month (together with an aged analysis of all outstanding accounts receivable and payable, and an inventory report) by the fifteenth (15th) day of each calendar month, which submissions shall be in addition to, and not in lieu of, the Loan Base Reports submitted with each Advance.
Loan Base Report. The Borrowers shall have furnished all Loan Base Reports required by Section 6.1.2 (Loan Base Report), there shall exist no Borrowing Base Deficiency, and as evidence thereof, the Borrowers shall have furnished to the Lender such reports, schedules, certificates, records and other papers as may be requested by the Lender, and the Borrowers shall be in compliance with the provisions of this Agreement both immediately before and immediately after the making of the advance requested.
Loan Base Report. The Lender shall received a Loan Base Report which is effective no later than five (5) days prior to the Closing Date and is otherwise in form and substance satisfactory to the Lender.