Daily Borrowing Base Certificate definition

Daily Borrowing Base Certificate means a certificate, in substantially the form of Exhibit A-1, executed by the Servicer and the Borrower and delivered to the Agent pursuant to Section 2.05.
Daily Borrowing Base Certificate has the meaning specified in the proviso to Section 5.2(l).
Daily Borrowing Base Certificate shall have the meaning set forth in Section 5.1(A)(vii) of this Agreement.

Examples of Daily Borrowing Base Certificate in a sentence

  • On each Business Day, an uncertified, good faith estimated update (a "Daily Borrowing Base Certificate") of the most recently furnished monthly Borrowing Base Certificate furnished pursuant to Section 7.1(c) (a "Month End Borrowing Base Certificate") as to the information under the heading "Accounts Receivable" pertaining to "Factored Accounts" and "Factor Advances"; and the information under the heading "Senior Debt".


More Definitions of Daily Borrowing Base Certificate

Daily Borrowing Base Certificate means a certificate -------------------------------- substantially in the form of Exhibit B-3, delivered pursuant to subsection 9.2(h).
Daily Borrowing Base Certificate has the meaning set forth in Section 7.1(g).
Daily Borrowing Base Certificate has the meaning specified in the proviso to SECTION 5.2(L).