BBA Proposal Package definition

BBA Proposal Package means, with respect to any Proposed Borrowing Base Asset, the following items, each in form and substance satisfactory to the Administrative Agent in its reasonable discretion and in sufficient copies for each Lender: (a) a description of such Asset in detail reasonably satisfactory to the Administrative Agent, (b) a projected cash flow analysis of such Asset, (c) to the extent available, operating income and operating expense statements for such Asset for the immediately preceding 36 consecutive calendar months, (d) an operating expense and capital expenditures budget for such Asset for the next succeeding 12 consecutive months, and (e) if such Asset is then the subject of an acquisition transaction, a copy of the purchase agreement with respect thereto and a schedule of the proposed sources and uses of funds for such transaction.
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BBA Proposal Package means, with respect to any Proposed Borrowing Base Asset, the following items, each in form and substance satisfactory to the Administrative Agent and in sufficient copies for each Lender: (a) a description of such Asset in detail satisfactory to the Administrative Agent, (b) a projected cash flow analysis of such Asset, (c) a statement of operating expenses for such Asset for the immediately preceding 36 consecutive calendar months, (d) an operating expense and capital expenditures budget for such Asset for the next succeeding 12 consecutive months, and (e) if such Asset is then the subject of an acquisition transaction, a copy of the purchase agreement with respect thereto and a schedule of the proposed sources and uses of funds for such transaction.
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BBA Proposal Package means, with respect to any Proposed Borrowing Base Asset, the following items, each in form and substance satisfactory to the Administrative Agent and in sufficient copies for each Lender:
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Examples of BBA Proposal Package in a sentence

  • With the Borrower’s written request to the Administrative Agent that any Asset (a “ Proposed Borrowing Base Asset ”) be added as a Borrowing Base Asset, deliver (or cause to be delivered) to the Administrative Agent, at the Borrower’s expense, a BBA Proposal Package with respect to such Proposed Borrowing Base Asset.

  • Within ten (10) Business Days after receipt of a complete BBA Proposal Package, the Administrative Agent shall give notice to the Borrower of whether the Administrative Agent and the Required Lenders have approved such Proposed Borrowing Base Asset as a Borrowing Base Asset subject to the delivery of all applicable Collateral Deliverables and Guarantor Deliverables pursuant to the following sentence (any such notice comprising an approval, a “ Conditional Approval Notice ”).

  • Within ten (10) Business Days after receipt of a complete BBA Proposal Package, the Administrative Agent shall give notice to the Borrower of whether the Administrative Agent and the Supermajority Lenders have approved such Proposed Borrowing Base Asset as a Borrowing Base Asset subject to the delivery of all applicable BBA Deliverables and Guarantor Deliverables pursuant to the following sentence (any such notice comprising an approval, a “ Conditional Approval Notice ”).


More Definitions of BBA Proposal Package

BBA Proposal Package means, with respect to any Proposed Borrowing Base Asset, the following items, each in form and substance satisfactory to the Administrative Agent and in sufficient copies for each Lender: (a) a description of such Real Estate Asset in detail satisfactory to the Administrative Agent, (b) a projected cash flow analysis of such Real Estate Asset, (c) a statement of operating expenses for such Real Estate Asset for the immediately preceding 36 consecutive calendar months (or such shorter period as such Real Estate Asset has been operational); provided that if a Credit Party acquired such Real Estate Asset during such period, this requirement shall only apply to that portion of such period prior to such acquisition to the extent such statements are available to such Credit Party after its commercially reasonable efforts to obtain such statements, (d) an operating expense and capital expenditures budget for such Real Estate Asset for the next succeeding 12 consecutive months, and (e) if such Real Estate Asset is then the subject of an acquisition transaction, a copy of the purchase agreement with respect thereto and a schedule of the proposed sources and uses of funds for such transaction.
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BBA Proposal Package means, with respect to any Proposed Borrowing Base Property, the following items, each in form and substance satisfactory to the Administrative Agent in its reasonable discretion: (a) a description of such Property in detail reasonably satisfactory to the Administrative Agent, including property addresses, tax parcel numbers and legal descriptions, (b) a projected cash flow analysis of such Property, (c) to the extent available, operating income and operating expense statements for such Property for the immediately preceding 36 consecutive calendar months, including rent rolls and cotenancy summaries, (d) an operating expense and capital expenditures budget for such Property for the next succeeding 12 consecutive months, and (e) if such Property is then the subject of an acquisition transaction, a copy of the purchase agreement with respect thereto and a schedule of the proposed sources and uses of funds for such transaction.>
Sample 1Sample 2
BBA Proposal Package means, with respect to any Proposed Borrowing Base Property, the following items, each in form and substance satisfactory to the Administrative Agent in its reasonable discretion: (a) a description of such Property in detail reasonably satisfactory to the Administrative Agent, including property addresses, tax parcel numbers, and legal descriptions, (b) a projected cash flow analysis of such Property, (c) to the extent available, operating income and operating expense statements for such Property for the immediately preceding 36 consecutive calendar months, including rent rolls and cotenancy summaries, (d) an operating expense and capital expenditures budget for such Property for the next succeeding 12 consecutive months, and (e) if such Property is then the subject of an acquisition transaction, a copy of the purchase agreement with respect thereto and a schedule of the proposed sources and uses of funds for such transaction.
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Related to BBA Proposal Package

  • Project Proposal is the final and written description of the Project as described in Exhibit A, to be undertaken by Sub-recipient for which the Project Funds is granted and performance is required and monitored pursuant to this PFA.

  • Proposal / Bid means the technical proposal and the commercial/financial proposal.

  • approved proposal means a proposal approved or determined under this Agreement;

  • Superior Proposal has the meaning set forth in Section 5.09(a).

  • Superior Proposal Notice has the meaning specified in Section 5.4(1)(c).

  • Notice of Superior Proposal has the meaning set forth in Section 5.09(e).

  • Bid Proposal or “Proposal” means the bidder’s proposal submitted in response to the RFP.

  • Eligible Proposal means a Proposal that meets or exceeds the prescribed requirement, proceeding to the next stage of evaluation;

  • Transaction Proposal has the meaning specified in Section 8.02(c).

  • Alternative Proposal has the meaning set forth in Section 6.2(b).

  • Unsolicited proposal means a written proposal for a public-private initiative that is submitted by a private entity for the purpose of entering into an agreement with the department but that is not in response to a formal solicitation or request issued by the department.

  • Proposal Letter means the letter, executed by or on behalf of Proposer, delivered with its Proposal and conforming to Form A to the ITP.

  • Technical Proposal means the Contractor’s Technical Proposal dated (Technical Proposal date).

  • Financial Proposal means the Contractor’s Financial Proposal dated (Financial Proposal date).

  • Alternative Transaction Proposal means any offer, proposal or indication of interest (whether binding or non-binding), or any public announcement of an intention to make any offer, proposal or indication of interest, to the Company or Company Stockholders regarding an Alternative Transaction.

  • Company Superior Proposal shall have the meaning set forth in Section 7.4(b).

  • Parent Superior Proposal shall have the meaning set forth in Section 7.4(g).

  • Acquisition Proposal has the meaning set forth in Section 5.03(a).

  • Request for Proposal (RFP means the solicitation document issued by Purchasing to potential vendors for the purchase of equipment, supplies, and/or services as described in the document. The definition includes these Terms and Conditions as well as all Pricing Pages, Exhibits, Attachments, and Addendums thereto.

  • Superior Acquisition Proposal means any Acquisition Proposal containing terms which the Company Board determines in its good faith judgment (based on the advice of an independent financial advisor) to be more favorable to the Company’s stockholders than the Merger and for which financing, to the extent required, is then committed or which, in the good faith judgment of the Company Board, is reasonably capable of being obtained by such third party.

  • Takeover Proposal means any offer or proposal for, or any indication of interest in, a merger or other business combination involving Target or the acquisition of any significant equity interest in, or a significant portion of the assets of, Target, other than the transactions contemplated by this Agreement.

  • Proposal date as referenced herein shall mean the local date and time specified in the proposal documents.

  • Responsive Proposal means a Proposal that complies with the material provisions of this RFP.

  • Competing Proposal means a proposal, offer or invitation to the Company, any Party or any of a Party’s Affiliates (other than the Proposal), that involves the acquisition of Control of the Target, a sale of all or a substantial part of the assets of the Target, a restructuring or recapitalization of the Target, or some other transaction that would adversely affect, prevent or materially reduce the likelihood of the consummation of the Transaction with the Parties.

  • Company Acquisition Proposal means any offer, indication of interest or proposal (other than an offer or proposal made or submitted by or on behalf of Parent or any of its Subsidiaries) contemplating or otherwise relating to any Company Acquisition Transaction.

  • Proposal means the Technical Proposal and the Financial Proposal.