Monthly Borrowing Base Certificates. Within twenty (20) days of the end of each month, Borrower shall supply Lender with a Borrowing Base Certificate with the Borrowing Base calculation for such month and resulting availability under the Note duly executed by an authorized officer of Borrower.
Monthly Borrowing Base Certificates. Within ten (10) days after the end of each such calendar month ending after the date of this Agreement, commencing with the month first full calendar month following the Closing Date, a Borrowing Base Certificate certified to the Lender by an Authorized Officer of the Borrowers, setting forth a computation of the Borrowing Base as of the last day of the period covered thereby.
Monthly Borrowing Base Certificates. At any time there is an outstanding balance on the Revolving Loan during any calendar month, within fifteen (15) days after the end of each such calendar month ending after the date of this Agreement, commencing with the month first full calendar month following the Closing Date, a Borrowing Base Certificate certified to the Lender by an Authorized Officer of the Borrowers, setting forth a computation of the Borrowing Base as of the last day of the period covered thereby.
Monthly Borrowing Base Certificates. Solely for as long as the ABL Credit Agreement or any Replacement ABL Credit Agreement remains in place, copies of each monthly Borrowing Base Certificate (as defined in the ABL Credit Agreement) as and when delivered pursuant to the ABL Credit Agreement (or each monthly Borrowing Base Certificate (or similar term) (as defined in the applicable Replacement ABL Credit Agreement) as and when delivered pursuant to such Replacement ABL Credit Agreement).
Monthly Borrowing Base Certificates. While any Revolving Credit Obligations are outstanding, within 30 days after the end of each calendar month, a Borrowing Base Certificate certified to Bank by an Authorized Officer of Borrower Representative, setting forth a computation of the Borrowing Base as of the last day of the period covered thereby.
Monthly Borrowing Base Certificates. The Agent and each Lender party hereto hereby agrees that after the Effective Date, Borrower shall be permitted to revert to monthly Borrowing Base Certificates commencing on the date that both (x) Used Truck Inventory is included in the Borrowing Base, pursuant to the definition thereof and (y) the Administrative Agent has received a Borrowing Base Certificate demonstrating that Excess Availability is greater than or equal to $17,500,000.
Monthly Borrowing Base Certificates. At the times and for the periods set forth below, a borrowing base certificate (the "Borrowing Base Certificate"), which shall be: (i) completed substantially in the form of Exhibit E, detailing each Borrower Party's Eligible Accounts Receivable, Eligible Inventory and Eligible Equipment as of the last day of the applicable period (or as of such other date as the Agent may reasonably request) and the Real Property Value; (ii) prepared by or under the supervision of such Borrower's chief executive officer or chief financial officer and certified by such officer subject only to adjustment upon completion of the normal year-end audit; and (iii) attached to such additional schedules and other information as the Agent may reasonably request. The Borrowing Base Certificate shall be delivered monthly for each month from the Closing Date until March 31, 1998, within thirty (30) calendar days after the end of each month, calculating the Borrowing Base as of the last day of each such month and thereafter, (A) for any month for which the Excess Availability (determined as of the last day of such month) is more than $10,000,000, within thirty (30) calendar days after the end of such month, calculating the Borrowing Base as of the last day of each such month; (B) for any month for which the Excess Availability (determined as of the last day of such month) is in excess of $5,000,000 but less than or equal to $10,000,000, within ten (10) Business Days after the end of such month, calculating the Borrowing Base as of the last day of each such month and (C) for any month for which the Excess Availability (determined as of the end of each month for the month then ended) is $5,000,000 or less, within five (5) Business Days after the end of each week, commencing with the first week after the date of determination.
Monthly Borrowing Base Certificates. Monthly, within 5 Business Days after the last Business Day of each month, and at any other time reasonably requested by the Agent, a Borrowing Base Certificate, which shall be: (i) in form and substance satisfactory to the Agent, detailing the Eligible Accounts Receivable and Eligible Inventory as of the last Business Day of such month, in each case of each of the Borrowers; and (ii) prepared by or under the supervision of the chief executive officer or chief financial officers of each Borrower and certified by the chief executive officer or chief financial officer of the Funds Administrator on behalf of the Borrowers, subject only to adjustment upon completion of the normal annual audit of physical inventory. Each Borrowing Base Certificate shall have attached to it such additional schedules and other information as the Agent may reasonably request, including, without limitation, an aging of Accounts.
Monthly Borrowing Base Certificates. As soon as available, but not later than twenty (20) days after the end of each month, Borrower shall provide Lender with an updated Borrowing Base Certificate, providing information regarding the Borrowing Base current as of the last day of the month just ended.
13. Paragraph a of Section 6.14 of the Loan Agreement is revised, effective December 31, 1999, to read as follows:
Monthly Borrowing Base Certificates. Within twenty (20) days of the end of each month (“BBC Reporting Date”), Borrower shall supply Lender with a Borrowing Base Certificate with the Borrowing Base calculation for such month and resulting availability under the Note duly executed by an authorized officer of Borrower (the “BBC Reports”). However, if Borrower has a $0 balance on the Loan prior to its monthly BBC Reporting Date, Borrower may submit its BBC Reports within 90 days of prior submission (“Quarterly BBC Reporting Period”). Should Borrower request an advance during a Quarterly BBC Reporting Period, Borrower shall provide the Bank with BBC Reporting for the last three (3) monthly periods, which will be reviewed by the bank within seven (7) business days of receipt.
