Borrowing Base Certificate definition

Borrowing Base Certificate means a certificate of a Financial Officer of the Borrower, substantially in the form of Exhibit B or such other form as is reasonably acceptable to the Administrative Agent and appropriately completed.

Borrowing Base Certificate means a certificate in the form of Exhibit B-1.

Borrowing Base Certificate means a certificate, duly executed by a Responsible Officer of Borrower Representative, appropriately completed and substantially in the form of Exhibit C hereto.

Examples of Borrowing Base Certificate in a sentence

• Each Request for Borrowing shall be accompanied or preceded by: (i) a duly executed Borrowing Base Certificate for the related Fund Group dated the date of such Request for Borrowing; and (ii) such documents as are required to satisfy any applicable conditions precedent as provided in Section 6.2.

• The Administrative Agent shall have received a Request for Borrowing from the Borrowers in such Fund Group, together with a Borrowing Base Certificate with respect to the requesting Borrower’s Fund Group.

• On each Funding Date and on the date of each Reinvestment of Principal Collections pursuant to Section 2.14(a)(i) or acquisition by the Borrower of Loans in connection with a Substitution pursuant to Section 2.14(b), the Borrower (or the initial Collateral Manager on its behalf) will provide the applicable Borrower’s Notice and a Borrowing Base Certificate, each updated as of such date, to the Administrative Agent (with a copy to the Collateral Custodian and the Collateral Administrator).

• The Administrative Agent shall have received a Borrowing Base Certificate, dated as of the Second Restatement Effective Date, showing a calculation of the Borrowing Base as of the date immediately prior to the Second Restatement Effective Date, in form and substance reasonably satisfactory to the Administrative Agent.

• On each Reporting Date, the Collateral Manager (on behalf of the Borrower) shall further include a statement in the Borrowing Base Certificate delivered pursuant to Section 5.1(t) as to the amount and type (whether Principal Collections, Interest Collections or other Collections) of all Collections received since the prior Reporting Date, all Principal Collections and Interest Collections on deposit as of such Reporting Date and a detailed aging of each Loan.

More Definitions of Borrowing Base Certificate

Borrowing Base Certificate means a certificate setting forth the calculation of the Borrowing Base as of the applicable date of determination substantially in the form of Exhibit B hereto, prepared by the Servicer.

Borrowing Base Certificate means a certificate substantially in the form of Exhibit E hereto (with such changes therein as may be required by the Agent to reflect the components of and reserves against the Borrowing Base as provided for hereunder from time to time), executed and certified as accurate and complete by a Responsible Officer of the Lead Borrower which shall include appropriate exhibits, schedules, supporting documentation, and additional reports as reasonably requested by the Agent.

Borrowing Base Certificate means a certificate in substantially the form of Exhibit 1.2(a) hereto duly executed by the Chief Executive Officer, Chief Financial Officer, Treasurer or Controller of the Borrowing Agent and delivered to Agent, appropriately completed, by which such officer shall certify to Agent the Formula Amount and calculation thereof as of the date of such certificate.

Borrowing Base Certificate means a borrowing base certificate in substantially the form of Exhibit B hereto.

Borrowing Base Certificate means a certificate, signed by an Authorized Officer of the Borrower Representative, in the form of Exhibit H or another form which is acceptable to the Agent in its Permitted Discretion. Each Borrowing Base Certificate shall set forth, among other things, a calculation of the Borrowing Base.

Borrowing Base Certificate means a certificate to be executed and delivered from time to time by Borrower in the form attached to the Agreement as Exhibit 4.1(b).

Borrowing Base Certificate has the meaning provided in Section 6.02(c).