US Borrowing Base Report a report of the US Borrowing Base, in form and substance satisfactory to Agent.
US Borrowing Base Report. By the applicable Reporting Trigger Date, US Borrower shall deliver to Agent (and Agent shall promptly deliver same to US Lenders) a US Borrowing Base Report prepared as of the close of business of the previous week or month, as applicable, and at such other times as Agent may reasonably request in its Permitted Discretion. All information (including calculation of US Availability) in a US Borrowing Base Report shall be certified by US Obligors. Agent may in its Permitted Discretion adjust such report (a) to reflect Agent’s reasonable estimate of declines in value of any US Collateral, due to collections received in the Dominion Account or otherwise; (b) to adjust advance rates to reflect changes in dilution, quality, mix and other factors affecting US Collateral; and (c) to the extent any information or the calculation is not made in accordance with this Agreement or does not accurately reflect the US Availability Reserve.
US Borrowing Base Report. The U.S. Borrower shall furnish to the Lender no less frequently than once per month, as of the twentieth calendar day after the end of the previous month, and at such other times as may reasonably be requested by the Lender, a report of the U.S. Borrowing Base (each a “U.S. Borrowing Base Report”; collectively, the “U.S. Borrowing Base Reports”) in the form required from time to time by the Lender, appropriately completed and duly signed. The U.S. Borrowing Base Report shall contain the amount and payments on the Receivables of the U.S. Borrower, the value of Inventory owned by the U.S. Borrower, and the calculations of the U.S. Borrowing Base, all in such detail, and accompanied by such supporting and other information, as the Lender may from time to time reasonably request. Upon the Lender’s request and periodically upon the creation of any Receivables by the U.S. Borrower, or at such intervals as the Lender may reasonably require, the U.S. Borrower shall provide the Lender with such further schedules, documents and/or information regarding its Receivables and Inventory as the Lender may reasonably require. 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. The U.S. 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.
US Borrowing Base Report. By the 20th day of each month, US Borrowing Base Parties shall deliver to Agent (and Agent shall promptly deliver same to US Lenders) a US Borrowing Base Report as of the close of business of the previous month, appropriately completed, executed, and delivered by a Senior Officer, together with customary supporting information in connection therewith, including the amount of all Supplier Finance Accounts arising during such period, Inventory reports and trade payables reports (specifying the trade creditor and balance due and a detailed trade payable aging), all in form reasonably satisfactory to Agent; provided that (i) during any Trigger Period, US Borrowing Base Parties shall furnish a US Borrowing Base Report as of the end of each week, appropriately completed, executed, and delivered by a Senior Officer, together with above-referenced supporting information in connection therewith, all with respect to the such week, no later than the third Business Day of the following week, and (ii) upon consummation of any Material Disposition, US Borrowing Base Parties shall furnish a US Borrowing Base Report giving effect thereto, appropriately completed, executed, and delivered by a Senior Officer, together with any supporting information in connection therewith, within three (3) Business Days. All information (including calculation of US Availability) in a US Borrowing Base Report shall be certified by Borrower Agent. Agent may from time to time in its Permitted Discretion adjust such report (a) to reflect Agent’s reasonable estimate of declines in value of US Borrowing Base Assets, due to collections received in the Dominion Account or otherwise; (b) to reflect changes in dilution, quality, mix and other factors affecting the US Borrowing Base Assets; and (c) to the extent any information or calculation does not comply with this Agreement.
