Examples of Borrowing Base Schedule in a sentence
Unless otherwise defined herein, the terms used in this Borrowing Base Schedule have the meanings ascribed thereto in the Agreement.
The Collateral Agent shall deliver to the Company and the Lenders: (a) on or before the tenth day of each month, a copy of the most recent Borrowing Base Schedule certified by the Company pursuant to Paragraph 6(b) hereof, and (b) from time to time, such other reports and information as the Majority Lenders may from time to time reasonably request.
Inventory and Receivables Schedule /X/ Borrowing Base Schedule / / Permitted Encumbrance Schedule / / -------------------------- Unless the context otherwise requires, the terms in the Schedules shall have the meanings set forth in this Agreement and other terms which are defined in Page 24 the Uniform Commercial Code shall have the meanings set forth therein.
Unless defined herein or indicated otherwise, each capitalized term used herein and in the attached Borrowing Base Schedule shall have the meaning given to such term in the Agreement.
AND FIRST UNION NATIONAL BANK Form of Borrowing Base Schedule ------------------------------- This Borrowing Base Schedule is furnished pursuant to the Mortgage Loan Warehousing Agreement dated as of November 24, 1997, as amended from time to time, among the Companies and the Lender (the "Agreement").
The Borrowing Base Schedule so submitted by AMRESCO shall be effective unless disapproved by Agent.
Notwithstanding the foregoing, if the Outstanding Obligations are greater than Availability as a result of a Real Estate Asset being withdrawn from the Borrowing Base Schedule based on (a) a sale/transfer of such asset, or (b) the Real Estate Asset being financed with another source of capital, the Borrower shall immediately pay to the Agent an amount necessary to restore compliance (“Mandatory Compliance Payment”).
Borrower shall permit Lender to conduct reasonably frequent audits of the Borrowing Base Schedule and related inputs in connection therewith.
AMRESCO will update the Borrowing Base Schedule each month, which updated schedule will be submitted to Agent for review and approval.
This Agreement incorporates by reference all additional terms set forth in the following Schedules attached hereto: /X/ Inventory and Receivables Schedule /X/ Borrowing Base Schedule / / Permitted Encumbrance Schedule / / -------------------------- Unless the context otherwise requires, the terms in the Schedules shall have the meanings set forth in this Agreement and other terms which are defined in the Uniform Commercial Code shall have the meanings set forth therein.