Borrowing Base Compliance Certificate definition

Borrowing Base Compliance Certificate means a certificate substantially in the form of Exhibit D-2.
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Borrowing Base Compliance Certificate as such term is ------------------------------------- defined in Section 4.01(e) hereof.
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Borrowing Base Compliance Certificate a certificate signed by the chief financial officer of Brookwood, substantially in the form of Exhibit B hereto and appropriately completed, and containing such other supporting documents and attachments as may be necessary to support the information contained therein to the reasonable satisfaction of the Bank.
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Examples of Borrowing Base Compliance Certificate in a sentence

  • If the most recent Borrowing Base Compliance Certificate delivered to the Administrative Agent does not demonstrate a Borrowing Base sufficient for any Committed Borrowing requested by the Borrower, then as a condition to such Committed Borrowing the Borrower shall deliver to the Administrative Agent an updated Borrowing Base Compliance Certificate covering the current pool of Qualified Unencumbered Properties that demonstrates a Borrowing Base sufficient for such requested Committed Borrowing.

  • If the most recent Borrowing Base Compliance Certificate delivered to the Administrative Agent does not demonstrate a Borrowing Base sufficient for any Swing Line Borrowing requested by the Borrower, then as a condition to such Swing Line Borrowing the Borrower shall deliver to the Administrative Agent an updated Borrowing Base Compliance Certificate covering the current pool of Qualified Unencumbered Properties that demonstrates a Borrowing Base sufficient for such requested Swing Line Borrowing.

  • For purposes of the Borrowing Base Compliance Certificate (including calculation of the amount of the Borrowing Base in effect as of the end of the applicable reporting period) required to be delivered for the fiscal quarter ended June 30, 2020, the reference to “Borrowing Base” therein and in Section 6.01(c)(iv) of the Credit Agreement shall be deemed to refer to the Adjusted Borrowing Base.

  • All references in the Original Credit Agreement and the other Loan Documents to the Borrowing Base Compliance Certificate shall be deemed be the Borrowing Base Compliance Certificate as amended and restated on EXHIBIT B attached hereto.

  • Exhibit C to the Credit Agreement, the form of Officer's Certificate, and Exhibit G to the Credit Agreement, the form of Borrowing Base Compliance Certificate, are hereby amended and restated in their entirety to read in full in the forms of Exhibits C and G, respectively, attached to this Amendment.

  • The Original Credit Agreement is amended to replace in the entirety the Borrowing Base Compliance Certificate, attached as EXHIBIT B to the Original Credit Agreement, with the revised Borrowing Base Compliance Certificate attached hereto as EXHIBIT B.

  • The Borrowers shall prepay the Loans from time to time by the amount equal to the excess, if any, of the outstanding principal amount of the Loans and the aggregate L/C Obligations at such time over the Borrowing Base set forth in the most recently delivered Borrowing Base Compliance Certificate.

  • No later than twenty (20) days after the end of each month hereafter, (i) a report (the "RLC Borrowing Base Inventory Report") substantially in the form of Exhibit "B-1" attached hereto, signed by an Authorized Officer and (ii) a certificate (the "RLC Borrowing Base Compliance Certificate") substantially in the form of Exhibit "B-2" attached hereto, signed by an Authorized Officer.

  • If the most recent Borrowing Base Compliance Certificate delivered to the Administrative Agent does not demonstrate a Borrowing Base sufficient for any Swing Line Borrowing requested by the Borrower, then as a condition to such Swing Line Borrowing the Borrower shall deliver to the Administrative Agent an updated Borrowing Base Compliance Certificate covering the current pool of Qualified Unecumbered Properties that demonstrates a Borrowing Base sufficient for such requested Swing Line Borrowing.

  • In substitution for the Borrowing Base Compliance Certificate dated as of May 31, 1998 previously delivered to the Bank and contemporaneous with the execution of this Amendment, Borrower has delivered to the Bank a Borrowing Base Compliance Certificate dated as of May 31, 1998, restating the Borrowing Base consistent with the amended Borrowing Base as set forth in this Amendment.


More Definitions of Borrowing Base Compliance Certificate

Borrowing Base Compliance Certificate. I" Charge-off Policy INDEX TO SCHEDULES ------------------ SCHEDULE DESCRIPTION OF SCHEDULE -------- ----------------------- 1.1 Exempt Subsidiaries 9.4 Operation of Business 9.5 Litigation and Judgments 9.6(A) Real Property 9.6(B) Intellectual Property 9.6(C) Locations 9.9 Debt 9.10 Tax Matters 9.12 ERISA 9.14 Subsidiaries; Capitalization 9.15 Agreements 9.19 Environmental Matters 9.21 Employee Matters 11.2 Liens CREDIT AGREEMENT THIS CREDIT AGREEMENT ("AGREEMENT"), dated as of December 22, 2000 (the "CLOSING DATE"), is among FIRST INVESTORS FINANCIAL SERVICES, INC., a corporation duly organized and validly existing under the laws of the State of Texas (the "BORROWER"), each of the banks or other lending institutions which is or which may from time to time become a signatory hereto or any successor or assignee thereof pursuant to SECTION 15.8(B) (individually, a "LENDER" and, collectively, the "LENDERS"), BANK OF AMERICA, N.A., a national banking association, as administrative agent for the Lenders (in its capacity as administrative agent, together with its successors in such capacity, the "ADMINISTRATIVE AGENT"), and BANC OF AMERICA SECURITIES LLC, as sole lead arranger and sole book manager (the "LEAD ARRANGER").
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Related to Borrowing Base Compliance 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.

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

  • 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.

  • 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.

  • Quarterly Compliance Certificate has the meaning specified in Section 4.1(d) of the Base Indenture.

  • Officer’s Compliance Certificate means a certificate of the chief financial officer or the treasurer of the Borrower substantially in the form attached as Exhibit F.

  • Tax Compliance Certificate as defined in Section 5.9.2(b)(iii).

  • Covenant Compliance Certificate means a properly completed and executed Covenant Compliance Certificate substantially in the form of Exhibit X hereto.

  • U.S. Tax Compliance Certificate has the meaning specified in Section 3.01(e)(ii)(B)(III).

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

  • Performance Certificate means the certificate issued under Sub-Clause 11.9 [Performance Certificate].

  • 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.

  • Final Acceptance Certificate means the certificate that shall be issued by the Engineer to the Contractor upon the satisfactory completion of the contract by the Contractor.

  • Performance Certification As defined in Section 11.05.

  • 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.

  • Acceptance Certificate (11/18) means a written instrument by which the City notifies Contractor that a Deliverable has been Accepted or Accepted with exceptions, and Acceptance Criteria have been met or waived, in whole or in part.

  • Borrowing Base Amount means:

  • Monthly Report means a report, in substantially the form of Exhibit X hereto (appropriately completed), furnished by the Servicer to the Agent pursuant to Section 8.5.

  • Tax Clearance Certificate means a tax clearance certificate issued by the South African Revenue Services (SARS) confirming that the natural or juristic person is a registered tax payer.

  • Financial Officer Certification means, with respect to the financial statements for which such certification is required, the certification of the chief financial officer of Company that such financial statements fairly present, in all material respects, the financial condition of Company and its Subsidiaries as at the dates indicated and the results of their operations and their cash flows for the periods indicated, subject to changes resulting from audit and normal year-end adjustments.

  • Reconciliation Report refers to the Reconciliation Report as referenced in s. 1 of Reg 200/21 under Connecting Care Act, 2019.

  • Responsible Officer Certification means, with respect to the financial statements for which such certification is required, the certification of a Responsible Officer of the Borrower that such financial statements fairly present, in all material respects, in accordance with GAAP, the consolidated financial condition of the Borrower as at the dates indicated and its consolidated income and cash flows for the periods indicated, subject to changes resulting from audit and normal year-end adjustments.

  • Annual Statement of Compliance As defined in Section 3.13.

  • License Certificate means evidence of a license provided by Licensor to Licensee in electronic or printed form.

  • 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.

  • United States Tax Compliance Certificate has the meaning specified in Section 3.01.