Borrowing Base Certificate Delivery Date definition
Borrowing Base Certificate Delivery Date means, with respect to any month, the earlier of (a) the date of delivery of the Borrowing Base Certificate setting forth the certified calculation of the Borrowing Base as of the last day of such month pursuant to Section 5.2 of this Agreement, and (b) the date that such certification is required to be delivered pursuant to Section 5.2 of this Agreement.
Borrowing Base Certificate Delivery Date with respect to each Borrowing Base Certificate, a date no later than five (5) Business Days after the Borrowing Base Reporting Date relating to such Borrowing Base Certificate.
Borrowing Base Certificate Delivery Date means the fifteenth (15th) day of each month.
Examples of Borrowing Base Certificate Delivery Date in a sentence
Promptly after the occurrence of a Trigger Event and/or Accelerated Borrowing Base Certificate Delivery Date, a written notice of a Responsible Officer of Group stating that a Trigger Event and/or Accelerated Borrowing Base Certificate Delivery Date has occurred and describing in reasonable detail such occurrence, including the date of such occurrence.
On or before each Borrowing Base Certificate Delivery Date of each month, the Borrowers shall deliver to the Bank a Borrowing Base Certificate calculated as of the end of the immediately preceding month, together with the amount of Estimated Revenue Expenses and supporting calculations.