Domestic Borrowing Base Certificate definition

Domestic 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-1 or another form which is acceptable to the Administrative Agent in its Permitted Discretion, reflecting the Domestic Borrowing Base.
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Domestic Borrowing Base Certificate shall have the meaning assigned thereto in Section 7.07(d).
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Domestic Borrowing Base Certificate a certificate, in substantially the form attached hereto as Exhibit I-1, with such changes as the Agent may from time to time reasonably request for the purpose of monitoring the Domestic Borrowing Base.
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Examples of Domestic Borrowing Base Certificate in a sentence

  • If Borrower delivers this information electronically, it shall also deliver to Bank by U.S. Mail, reputable overnight courier service, hand delivery, facsimile or .pdf file within 5 Business Days of submission of the unsigned electronic copy the certification of monthly financial statements, the intellectual property report, the Domestic Borrowing Base Certificate, the Export Related Borrowing Base Certificate and the Compliance Certificate, each bearing the physical signature of the Responsible Officer.

  • Exhibits D-1 (Form of Domestic Borrowing Base Certificate) and E (Form of Notice of Borrowing for Domestic Borrowers) to the DIP Credit Agreement are hereby deleted in their entirety and the Exhibits D-1 and E attached hereto substituted in their stead.

  • The Agent shall have received a Domestic Borrowing Base Certificate and a UK Borrowing Base Certificate.

  • Except as disclosed to the Bank from time to time, no Borrower or any Subsidiary thereof has received any notice of actual or imminent Insolvency Proceeding of any account debtor that is included in any Domestic Borrowing Base Certificate or Foreign Borrowing Base Certificate as an Eligible Account.

  • Any account receivable and inventory balances that support the Domestic Borrowing Base Certificate shall be reconciled with the Borrower’s general ledger, Accounts Receivable Aging Report, Unbilled Costs schedule and inventory schedule.

  • An original Domestic Borrowing Base Certificate for each Borrower duly executed by a responsible officer of such Borrower and an original Foreign Borrowing Base Certificate duly executed by a responsible officer of Leading Borrower.

  • No Borrower has received notice of actual or imminent Insolvency Proceeding of any account debtor whose accounts are included in any Domestic Borrowing Base Certificate or Export Borrowing Base Certificate as an Eligible Account.

  • Within 25 days after the last day of each month, MC shall deliver to the Bank a Domestic Borrowing Base Certificate in the form of EXHIBIT B and a Foreign Borrowing Base Certificate in the form of EXHIBIT C signed by a Responsible Officer, together with aged listings of accounts receivable.

  • PPG program commitments may be contained in categorical or PPG work plans, in a Performance Partnership Agreement (PPA), or in a tribal environmental agreement.

  • A - Permitted Liens B - Controlling Affiliate List C - Inventory Locations D - Domestic Borrowing Base Certificate This Loan Agreement (this “Agreement”) dated as of March 28, 2008, is by and between Bank of America, N.A., a national banking association (the “Bank”), and GSE Systems, Inc., a Delaware corporation (“GSE”), and GSE Power Systems, Inc.


More Definitions of Domestic Borrowing Base Certificate

Domestic Borrowing Base Certificate means the Certificate in the form of Exhibit E hereto.
Sample 1
Domestic Borrowing Base Certificate means a certificate in the form of EXHIBIT C-1. "Domestic Environmental Reserve" shall mean an amount equal to $750,000; PROVIDED that if no Default or Event of Default exists as of August 31, 2002, as demonstrated to the sole satisfaction of Lender by the Financial Statements delivered with respect to such date, then the Domestic Environmental Reserve shall be reduced to $562,500 commencing with the Fiscal Month immediately after Lender's receipt of such Financial Statements; and PROVIDED FURTHER, that if no Default or Event of Default exists as of February 28, 2003, as demonstrated to the sole satisfaction of Lender by the Financial Statements delivered with respect to such date, then the Domestic Environmental Reserve shall be reduced to $375,000 commencing with the Fiscal Month immediately after Lender's receipt of such Financial Statements.
Sample 1
Domestic Borrowing Base Certificate is a Domestic Borrowing Base Certificate in the form of Exhibit C. "Domestic Committed Line" is a Domestic Advance of up to $5,000,000, pursuant to Section 2.1.1(a)(1).
Sample 1

Related to Domestic 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.

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

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

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

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

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

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

  • Borrowing Base Amount means:

  • 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.

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

  • 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.

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

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

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

  • 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.

  • 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.

  • Release Certificate means a Release Certificate in the form attached to this Appendix "C" as Schedule 2 executed by a duly authorized officer of the Custodian and delivered by the Custodian to the applicable Fund by facsimile transmission or in such other manner as such Fund and the Custodian may agree in writing.

  • Revolving Administrative Agent has the meaning assigned to such term in the preamble of this Agreement.

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

  • Borrowing Base Assets means a collective reference to all Borrowing Base Assets in existence at any given time.

  • 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.

  • Canadian Base Rate Loan means a Canadian Loan that bears interest at a rate per annum determined by reference to the Canadian Prime Rate.

  • Borrowing Availability means as of any date of determination the Maximum Amount less the sum of (i) the Revolving Loan and Swing Line Loan then outstanding and (ii) the Reserves as then in effect.

  • Canadian Base Rate means at any time, the greater of (a) the Canadian Prime Rate and (b) except during any period of time during which a notice delivered to Centuri under Section 5.8 shall remain in effect, the annual rate of interest equal to the sum of (i) the CDOR Rate for an Interest Period of one month at such time plus (ii) one percent (1%) per annum; each change in the Canadian Base Rate shall take effect simultaneously with the corresponding change or changes in the Canadian Prime Rate or the CDOR Rate, as applicable.

  • Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Borrowing of Loans occurs.