Semi-Monthly Reporting. The Borrower shall deliver a Borrowing Base Report within 12 Business Days following the 15th day and the last day of each month, unless clause (B) below applies. Each semi-monthly Borrowing Base Report shall be prepared as of the 15th day or the last day of each calendar month, as applicable, and shall be delivered not later than 12 Business Days after the end of the applicable period; and
Appears in 2 contracts
Samples: Credit Agreement (Western Refining, Inc.), Revolving Credit Agreement (Western Refining, Inc.)
Semi-Monthly Reporting. The Borrower shall be required to deliver a Borrowing Base Report within 12 ten (10) Business Days following the 15th day day, and within twelve (12) Business Days following the last day day, of each month, unless clause (B) below applies. Each such semi-monthly Borrowing Base Report shall be prepared as of the 15th day or the last day of each calendar month, as applicable, and shall be delivered not later than 12 ten (10) or twelve (12) Business Days after the end of the applicable periodperiod as set forth above; and
Appears in 2 contracts
Samples: Revolving Credit Agreement (Western Refining, Inc.), Revolving Credit Agreement (Western Refining, Inc.)
