Consolidated Borrowing Base Certificate definition

Consolidated Borrowing Base Certificate means a certificate and schedule duly executed by an officer of Borrower appropriately completed and in substantially the form of Exhibit B.1.
Sample 1
Consolidated Borrowing Base Certificate means a Borrowing Base Certificate in the form of Exhibit 5.2(e) for all Borrowers on a consolidated basis.
Sample 1Sample 2
Consolidated Borrowing Base Certificate means a certificate of the Borrower Representative, on behalf of each Credit Party, in the form of Exhibit 5.2(e) for all Credit Parties on a consolidated basis. “Consolidated Capital Expenditures” means, without duplication, for any period, all expenditures for fixed or capital assets (including, for the avoidance of doubt, capitalized internal-use software) for the period of measurement determined in accordance with GAAP, including replacement, repairs and improvements but excluding (to the extent otherwise included), any such expenditures financed with (1) Net Proceeds from Dispositions, (2) cash proceeds from Stock issuances or capital contributions, (3) Net Proceeds from any Event of Loss to the extent such proceeds are actually applied to replace, repair or reconstruct the damaged Property or Property affected by the condemnation or taking in connection with such Event of Loss, or (4) cash proceeds of indemnity payments or third party reimbursements received by a Borrower or any of its Subsidiaries; Consolidated Capital Expenditures shall also exclude that portion of the purchase price of a Target in a Permitted Acquisition or other Acquisition permitted hereunder that constitutes a capital expenditure under GAAP. “Consolidated Cash Flow” means, for any period, (1) Consolidated EBITDA, minus (2) Consolidated Unfinanced Cash Capital Expenditures. “Consolidated EBITDA” means, for any period, net income (or loss) for the applicable period of measurement of Borrowers and their respective Subsidiaries (together with the other Persons whose income or loss is taken into account in as provided below in determining Consolidated EBITDA) on a consolidated basis determined in accordance with GAAP, without duplication of any item described under clause (a) or (b) below (and the term “duplication” shall include any cash reimbursement for any loss or expense or other item for which an add-back is provided below), in each case to the extent taken into account in the calculation of net income (or loss) for such period: (a)
Sample 1

Examples of Consolidated Borrowing Base Certificate in a sentence

  • The Agent and Lenders shall have received a Consolidated Borrowing Base Certificate, setting forth the Borrowing Base as of December 31, 2019.

  • Agent and Lenders shall have received a Consolidated Borrowing Base Certificate, setting forth the Consolidated Borrowing Base as of October 31, 2023; (n) Business Due Diligence.

  • Assignment and Acceptance Agreement B-1 Consolidated Borrowing Base Certificate B-2 Canadian Borrowing Base Certificate C.

  • Neither Agent nor Lender will be required to make any advance pursuant to any telephonic or written notice or a Notice of Borrowing, unless all of the terms and conditions set forth in Section 3 and the Conditions Rider have been satisfied and Agent has also received the most recent Consolidating Borrowing Base Certificates and Consolidated Borrowing Base Certificate and all other documents required under Section 5 and the Reporting Rider by 1:00 p.m. Chicago time on the date of such funding request.

  • Xxxxxxx BANKBOSTON, N.A. By: /s/ Txxx Xxxxx Title: Vice President Name: Txxx Xxxxx EXHIBIT C Consolidated Borrowing Base Certificate For______ Quarter, _________ HEADER HEADER HEADER LEASES IN COMMERCIAL TOTAL GOOD STANDING RENTAL FLEET A.

  • Amount of the Loan requested _________________ Loan date _________________ Principal amount of loans outstanding at the date of this request by Lender _________________ Other information requested by Lender _________________ Very truly yours, ______________________ By: ___________________ Title: EXHIBIT C Consolidated Borrowing Base Certificate For______ Quarter, _________ HEADER HEADER HEADER LEASES IN COMMERCIAL TOTAL GOOD STANDING RENTAL FLEET A.


More Definitions of Consolidated Borrowing Base Certificate

Consolidated Borrowing Base Certificate has the meaning set forth in Section 2.2(b)(1).
Sample 1

Related to Consolidated Borrowing Base 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.

  • 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.

  • Adjusted Borrowing Base means the Borrowing Base minus the aggregate amount of Cash and Cash Equivalents included in the Borrowing Base.

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

  • U.S. Borrowing Base means, as of any date of determination, the result of:

  • Domestic Borrowing Base means, at any time of calculation, an amount equal to:

  • 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.

  • Borrower Financial Statements has the meaning assigned to such term in Section 4.4(a).

  • Borrowing Base means, at any time of calculation, an amount equal to:

  • 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.

  • Consolidated Total Borrowings means in relation to the Group, an amount (expressed in Singapore dollars) for the time being, calculated on a consolidated basis, in accordance with generally accepted accounting principles in Singapore, equal to the aggregate of:

  • Canadian Borrowing Base means, at any time, an amount in Dollars equal to:

  • Proposed Borrowing Base has the meaning assigned to such term in Section 2.07(c)(i).

  • CREFC® Loan Level Reserve/LOC Report The monthly report in the “CREFC® Loan Level Reserve/LOC Report” format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • 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.

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

  • Aggregate Borrowing Base means the aggregate amount of the U.S. Borrowing Base and the Canadian Borrowing Base; provided that the maximum amount of the Canadian Borrowing Base which may be included in the Aggregate Borrowing Base is the Canadian Sublimit.

  • Foreign Borrowing Base means, as of any date, an amount equal to:

  • Borrowing Base Amount means:

  • CMSA Loan Level Reserve/LOC Report means the monthly report substantially in the form of, and containing the information called for in, the downloadable form of the "Loan Level Reserve/LOC Report" available as of the Closing Date on the CMSA Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CMSA for commercial mortgage securities transactions generally.

  • Borrowing Base Value means, with respect to any Oil and Gas Property of a Credit Party or any Swap Agreement in respect of commodities, the value the Administrative Agent attributed to such asset in connection with the most recent determination of the Borrowing Base as confirmed by Required Lenders.

  • Funds Flow Statement means a funds flow statement in agreed form.

  • Borrowing Base Deficit means, at any time of determination, the amount, if any, by which (a) the Aggregate Capital at such time, exceeds (b) the Borrowing Base at such time.

  • New Borrowing Base Notice has the meaning assigned such term in Section 2.07(d).

  • Proposed Borrowing Base Notice has the meaning assigned to such term in Section 2.07(c)(ii).

  • Consolidated Interest Incurred for any period means the Interest Incurred of the Company, the Issuer and the Restricted Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.