Borrowing Base Property Requirements definition
Examples of Borrowing Base Property Requirements in a sentence
The Administrative Agent shall have received and completed a review of such due diligence as the Administrative Agent may reasonably require with respect to any Borrowing Base Property, consistent with customary commercial lending practices for unsecured lines of credit involving properties of a similar nature including, without limitation, satisfaction of the Borrowing Base Property Requirements.
Administrative Agent shall have received and completed a review of such due diligence as the Administrative Agent may reasonably require with respect to any Borrowing Base Property, consistent with customary commercial lending practices for properties of a similar nature including, without limitation, satisfaction of the Borrowing Base Property Requirements.
The Administrative Agent shall have received and completed a review of such due diligence as the Administrative Agent may reasonably require with respect to any Borrowing Base Property, consistent with customary commercial lending practices for properties of a similar nature including, without limitation, satisfaction of the Borrowing Base Property Requirements.
The Borrower hereby certifies, warrants and represents that, to the best of Borrower’s knowledge, the Individual Properties being added as Borrowing Base Properties satisfy the Borrowing Base Property Requirements and the related Eligibility Criteria, all as set forth in the Loan Agreement.
Administrative Agent shall have received and completed a review of such due diligence as the Administrative Agent may require with respect to any Borrowing Base Property, including, without limitation, satisfaction of the Borrowing Base Property Requirements.
Subject to the terms and conditions herein, at all times comply with and cause each Guarantor to comply with the Borrowing Base Property Requirements with respect to all Borrowing Base Properties now and hereafter in existence.