Examples of Borrowing Report in a sentence
The Borrowing Base shall be calculated by reference to the most recent Borrowing Report delivered by the Company under Section 6.1.(c) hereof.
In addition, in any Borrowing Report, the Borrower may request that an Advance be part of the CP Allocation and may request the length of any related Interest Period.
The Company may request that it receive a Revolving Loan in excess of the amount which would be available under the most recent Borrowing Report delivered by the Company; provided, however, that the Company shall provide the Bank with evidence set forth in a new Borrowing Report to be delivered with such request that, on a pro forma basis, the inclusion of the value of new or reappraised Facilities will be sufficient to increase the Borrowing Base so as to permit the requested borrowing.
However, requested transfers will not be made if (A) as reflected in the most recent Borrowing Report, total Principal Debt will equal or exceed the total Collateral Value of Eligible Mortgage Collateral immediately after giving effect to a requested transfer and any accompanying substitution of Mortgage Collateral, or (B) the Collateral Agent shall have received written notice from the Administrative Agent that a Default or Event of Default has occurred.
Each Borrowing Report shall be automatically deemed to constitute a representation and warranty by the Borrower on the Borrowing Date set forth therein to the effect that all of the conditions of this Section 4.3 are satisfied as of such Borrowing Date.
The Company may request that it receive a Revolving Loan in excess of the amount which would be available under the most recent Borrowing Report delivered by the Company; provided, however, that the Company shall provide the Agent with evidence set forth in a new Borrowing Report to be delivered with such request that, on a pro forma basis, the inclusion of the value of new or reappraised Facilities will be sufficient to increase the Borrowing Base so as to permit the requested borrowing.
All of the representations and warranties set forth on the Schedule of Representations were true and correct as of each Conveyance Date with respect to each Receivable which was Conveyed on such Conveyance Date and thereafter included as an Eligible Receivable for purposes of calculating the Net Eligible Receivables Balance and/or preparing a Daily Report, Borrowing Report or Monthly Remittance Report.
As soon as available but in any event within fifty (50) days of the end of each fiscal quarter, the Company shall furnish to the Banks a report in the form of Exhibit F attached hereto setting forth a computation of the Borrowing Base, a listing of all Investments which are thirty (30) days or more delinquent in payments to the Company and such other information in respect of the Borrowing Base as the Banks may reasonably require (the "Borrowing Report").
The Borrowing Base shall be calculated by reference to the most recent Borrowing Report delivered by the Company under Section 7.1.(c) hereof.
As soon as available but in any event within fifty (50) days of the end of each fiscal quarter, the Company shall furnish to the Bank a report in the form of Exhibit F attached hereto setting forth a computation of the Borrowing Base, a listing of all Investments which are thirty (30) days or more delinquent in payments to the Company and such other information in respect of the Borrowing Base as the Bank may reasonably require (the "Borrowing Report").