ABL Borrowing Base Certificate definition

ABL Borrowing Base Certificate mean “Borrowing Base Certificate” as defined in the ABL Credit Agreement.
ABL Borrowing Base Certificate means the “Borrowing Base Certificate” as such term is defined in the ABL Credit Agreement.
ABL Borrowing Base Certificate means the “Borrowing Base Certificate” as such term is defined in the ABL Credit Agreement. “ABL Cash Dominion Event” means a “Cash Dominion Event” as such term is defined in the ABL Credit Agreement.

Examples of ABL Borrowing Base Certificate in a sentence

  • The Administrative Agent shall have received (i) a Term Loan Borrowing Base Certificate which calculates the Term Loan Borrowing Base as of a recent date determined by the Administrative Agent and (ii) a copy of the ABL Borrowing Base Certificate delivered to the ABL Lender on the Effective Date, each of which shall be in form and substance reasonably satisfactory to the Administrative Agent.

  • If Owner and the Company cannot agree on such cash value within 30 days after the Disposition Notice is given, the valuation shall be made by an appraiser of recognized standing selected by Owner and the Company or, if they cannot agree on an appraiser within 45 days after the Disposition Notice is given, each shall select an appraiser of recognized standing and the two (2) appraisers shall designate a third appraiser of recognized standing, whose appraisal shall be determinative of such value.

  • The Administrative Agent shall have received a Borrowing Base Certificate which calculates the Borrowing Base as of March 30, 2024 and an ABL Borrowing Base Certificate which calculates the ABL Borrowing Base as of March 30, 2024.

  • The Administrative Agent shall have received (i) an ABL Borrowing Base Certificate and (ii) a Term Loan Borrowing Base Certificate, each relating to the Fiscal Month ended on October 29, 2022 and in form and substance satisfactory to the Administrative Agent.

  • XXXX DEERE LANDSCAPES LLC By: Name: Title: [Signature Page to ABL Borrowing Base Certificate] THIS LENDER JOINDER AGREEMENT, dated as of [ , 20 ] (this “Agreement”), by and among [Additional Lenders] (each an “Additional Lender” and collectively the “Additional Lenders”), the Borrower Representative (as defined in the Credit Agreement (as defined below)) and the Administrative Agent (as defined below).

  • SITEONE LANDSCAPE SUPPLY HOLDING, LLC By: Name: Title: [Signature Page to ABL Borrowing Base Certificate] THIS LENDER JOINDER AGREEMENT, dated as of [_______ __, 20__] (this “Agreement”), by and among [Additional Lenders] (each an “Additional Lender” and collectively the “Additional Lenders”), the Borrower Representative (as defined in the Credit Agreement (as defined below)) and the Administrative Agent (as defined below).


More Definitions of ABL Borrowing Base Certificate

ABL Borrowing Base Certificate means the “Borrowing Base Certificate” as such term is defined in the ABL Credit Agreement as in effect on the date hereof. “ABL Credit Agreement” means that certain Credit Agreement, dated as of January 31, 2020, by and among the Borrowers, the ABL Lenders, and the ABL Agent, as amended pursuant to that certain Omnibus Release, Amendment, Limited Waiver, and Reaffirmation Agreement dated as of October 14, 2020, as further amended by the Consent and Amendment No. 1 to Credit Agreement dated as of December 30, 2020, as further amended by the Amendment to Loan Documents dated as of May 13, 2021, as further amended by the Consent under Credit Agreement dated as of September 15, 2021, as further amended by the Amendment to Loan Documents dated as of October 29, 2021 and as further amended pursuant to that certain Amendment No. 4 to Credit Agreement and Loan Documents, dated of the Closing Date (the “ABL Fourth Amendment”), and as may be further amended, amended and restated, supplemented, extended or otherwise modified from time to time, and any replacement credit agreement entered into pursuant to any Refinancing Indebtedness in respect thereof, in each case in accordance with the provisions hereof and of the Intercreditor Agreement. “ABL Existing Term Loan” means the “Term Loan” as defined in the ABL Credit Agreement as in effect immediately prior to the date hereof.
ABL Borrowing Base Certificate means the “Borrowing Base Certificate” as such term is defined in the ABL Credit Agreement. “ABL Credit Agreement” means the Credit Agreement, dated as of September 21, 2022, by and among the Loan Parties, the ABL Agent and the ABL Lenders and as the same may be amended, restated, amended and restated or supplemented from time to time in accordance with the ABL Intercreditor Agreement. “ABL Excess Availability” means “Availability” as such term is defined in the ABL Credit Agreement. “ABL Intercreditor Agreement” means the Intercreditor Agreement, dated as of the date hereof, by and among the Administrative Agent and the ABL Agent, as acknowledged by the Loan Parties as amended, restated, amended and restated, supplemented or otherwise modified from time to time. “ABL Lenders” means the “Lenders” as such term is defined in the ABL Credit Agreement. “ABL Loan Documents” means the “Loan Documents” as such term is defined in the ABL Credit Agreement.

Related to ABL Borrowing Base Certificate

  • Borrowing Base Certificate means a certificate, signed and certified as accurate and complete by a Financial Officer of the Borrower Representative, in substantially the form of Exhibit C or another form which is acceptable to the Administrative Agent in its sole discretion.

  • Borrowing Base Report means a report in substantially the form of Exhibit E (or such other form approved by Administrative Agent) certified by a Responsible Officer of Borrower.

  • Borrowing Certificate means a Borrowing Certificate substantially in the form of Exhibit A.

  • U.S. Borrowing Base means, as of any date of determination, the result of:

  • New Borrowing Base Notice has the meaning assigned such term in Section 2.07(d).

  • Foreign Borrowing Base means, as of any date, an amount equal to:

  • Borrowing Base means, at any time of calculation, an amount equal to:

  • Borrowing Base Test means as of any date, a determination that (a) the lesser of (i) the Borrowing Base and (ii) the Facility Amount shall be equal to or greater than (b) the Advances Outstanding.

  • Borrowing Base Amount means:

  • Domestic Borrowing Base means, at any time of calculation, an amount equal to:

  • Canadian Borrowing Base means, at any time, an amount in Dollars equal to:

  • Aggregate Borrowing Base means the aggregate amount of the U.S. Borrowing Base and the Canadian Borrowing Base; provided that the maximum amount of the Canadian Borrowing Base which may be included in the Aggregate Borrowing Base is the Canadian Sublimit.

  • Release Certificate means a Release Certificate in the form attached to this Appendix "C" as Schedule 2 executed by a duly authorized officer of the Custodian and delivered by the Custodian to the applicable Fund by facsimile transmission or in such other manner as such Fund and the Custodian may agree in writing.

  • Borrowing Base Value means, with respect to any Oil and Gas Property of a Credit Party or any Swap Agreement in respect of commodities, the value the Administrative Agent attributed to such asset in connection with the most recent determination of the Borrowing Base as confirmed by Required Lenders.

  • Borrowing Base Assets means a collective reference to all Borrowing Base Assets in existence at any given time.

  • Tranche A Borrowing Base means, at any time of calculation, an amount equal to:

  • Borrowing Base Availability means, at the time of any determination, an amount equal to the lesser of the Borrowing Base at such time and the aggregate amount of the Commitments at such time.

  • Proposed Borrowing Base Notice has the meaning assigned to such term in Section 2.07(c)(ii).

  • Pro Forma Compliance Certificate means a certificate of a Responsible Officer of the Borrower containing reasonably detailed calculations of the financial covenants set forth in Section 8.11 recomputed as of the end of the period of the four fiscal quarters most recently ended for which the Borrower has delivered financial statements pursuant to Section 7.01(a) or (b) after giving effect to the applicable transaction on a Pro Forma Basis.

  • Proposed Borrowing Base has the meaning assigned to such term in Section 2.07(c)(i).

  • Revolving Administrative Agent has the meaning assigned to such term in the preamble of this Agreement.

  • CREFC® Loan Level Reserve/LOC Report The monthly report in the “CREFC® Loan Level Reserve/LOC Report” format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Perfection Certificate Supplement means a certificate supplement in the form of Exhibit L-2 or any other form approved by the Collateral Agent.

  • Compliance Certificate means a certificate substantially in the form of Exhibit D.

  • CREFC® Advance Recovery Report A monthly report substantially in the form of, and containing the information called for in, the downloadable form of the “Advance Recovery Report” available as of the Closing Date on the CREFC® Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CREFC® for commercial mortgage securities transactions generally.

  • Collateral Report means any certificate (including any Borrowing Base Certificate), report or other document delivered by any Grantor to the Administrative Agent or any Lender with respect to the Collateral pursuant to any Loan Document.