Monthly Borrowing Limit Calculation. Within fifteen (15) Business Days after the last day of each calendar month beginning after the Third Amendment Effective Date, a report in form and substance reasonably satisfactory to the Administrative Agent showing a calculation of the Asset Coverage Amount and clauses (a) and (b) of the Borrowing Limit as of the last day of the preceding calendar month.
Appears in 10 contracts
Samples: Credit Agreement (AbitibiBowater Inc.), Seventh Amendment (AbitibiBowater Inc.), Fourth Amendment (AbitibiBowater Inc.)
Monthly Borrowing Limit Calculation. Within fifteen (15) Business Days after the last day of each calendar month beginning after the Third Amendment Effective Date, a report in form and substance reasonably satisfactory to the Administrative Agent showing a calculation of the Asset Coverage Amount and clauses (a) and (b) of the Borrowing Limit as of the last day of the preceding calendar month.
Appears in 6 contracts
Samples: Third Amendment and Waiver (AbitibiBowater Inc.), Fourth Amendment (Bowater Inc), Fourth Amendment (AbitibiBowater Inc.)
