Common use of Loan Disbursement Instructions; Borrowing Base Certificate Clause in Contracts

Loan Disbursement Instructions; Borrowing Base Certificate. Written instructions from the Borrower to the Agent directing the disbursement of proceeds of the initial Loans made pursuant to this Agreement, and an initial Borrowing Base Certificate from the Borrower reflecting that the Borrower has sufficient assets to support Loans in the amount requested by the Borrower on the date of such certificate;

Appears in 6 contracts

Samples: Credit Agreement (Tortoise Power & Energy Infrastructure Fund Inc), Credit Agreement (Tortoise North American Energy Corp), Credit Agreement (Tortoise Gas & Oil Corp)

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Loan Disbursement Instructions; Borrowing Base Certificate. Written If requested by the Agent, written instructions from the Borrower to the Agent directing the disbursement of proceeds of the initial Loans made pursuant to this Agreement, and an initial a Borrowing Base Certificate from the Borrower reflecting that the Borrower has sufficient assets to support Loans in the amount requested by the Borrower on the date of such certificate;

Appears in 2 contracts

Samples: Credit Agreement (Tortoise Midstream Energy Fund, Inc.), Credit Agreement (Tortoise Energy Infrastructure Corp)

Loan Disbursement Instructions; Borrowing Base Certificate. Written instructions from the any Borrower to the Agent directing the disbursement application of proceeds of the initial Loans Loan made pursuant to this Agreement, and an initial Borrowing Base Certificate from the Borrower Borrowers reflecting that the Borrower has Borrowers have sufficient assets Eligible Accounts and Eligible Inventory to support Revolving Credit Loans in the amount requested by the Borrower Borrowers on the date of such certificate;

Appears in 1 contract

Samples: Credit Agreement (Zoltek Companies Inc)

Loan Disbursement Instructions; Borrowing Base Certificate. Written instructions from the Borrower to the Agent Bank directing the disbursement application of proceeds of the initial Loans Loan made pursuant to this Agreement, and an initial Borrowing Base Certificate from the Borrower reflecting that the Borrower has sufficient assets Eligible Credit Card Receivables and Eligible Inventory to support Revolving Credit Loans in the amount requested by the Borrower on the date of such certificate;

Appears in 1 contract

Samples: Credit Agreement (LIVE VENTURES Inc)

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Loan Disbursement Instructions; Borrowing Base Certificate. Written If requested by the Agent, written instructions from the Borrower Borrowers to the Agent directing the disbursement application of proceeds of the initial Loans Loan made pursuant to this Agreement, and an initial Borrowing Base Certificate from the Borrower Borrowers reflecting that the Borrower has Borrowing Base is sufficient assets to support the Loans in and the amount requested by the Borrower LC Exposure on the date of such certificate;

Appears in 1 contract

Samples: Credit Agreement (MGP Ingredients Inc)

Loan Disbursement Instructions; Borrowing Base Certificate. Written If requested by the Bank, written instructions from the Borrower Borrowers to the Agent Bank directing the disbursement application of proceeds of the initial Loans Loan made pursuant to this Agreement, Agreement and an initial a Borrowing Base Certificate from the Borrower reflecting that the Borrower has sufficient assets to support Loans in the amount requested by the Borrower on the date of such certificateCertificate;

Appears in 1 contract

Samples: Credit Agreement (Liquidmetal Technologies Inc)

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