Examples of Revolving Borrowing Base Certificate in a sentence
No later than 10 days prior to the delivery of the U.S. Revolving Borrowing Base Certificate for the next succeeding Revolving Measurement Date, the Borrower may submit an updated U.S. Revolving Borrowing Base Certificate current as of the date of delivery of such certificate.
Based on the most recent Revolving Borrowing Base Certificate delivered by Borrower to Agent and on other information available to Agent, Agent shall in its reasonable credit judgment determine which Inventory of Borrower shall be "ELIGIBLE INVENTORY" for purposes of this Agreement.
Based on the most recent Revolving Borrowing Base Certificate delivered by Borrower to Agent and on other information available to Agent, Agent shall in its reasonable credit judgment determine which Accounts of Borrower shall be "ELIGIBLE ACCOUNTS" for purposes of this Agreement.
Xxxx Title: Vice President and Treasurer EXHIBIT I Form of Revolving Borrowing Base Certificate REVOLVING SUBSIDIARY GRANTORS: XXXXXXXX MOTORS, LTD.
Xxxx Title: Vice President and Treasurer EXHIBIT I Form of Revolving Borrowing Base Certificate REVOLVING SUBSIDIARY GRANTORS: SRE TENNESSEE-4, LLC SRE VIRGINIA-1, LLC STEVENS CREEK CADILLAC, INC.
Xxxxxx Title: Vice President EXHIBIT I Form of Revolving Borrowing Base Certificate ADMINISTRATIVE AGENT: BANK OF AMERICA, N.A., as Administrative Agent By: /s/ XXXX X.
The Administrative Agent shall have received a completed Revolving Borrowing Base Certificate signed by a Responsible Officer of the Borrower, calculating the Revolving Borrowing Base as of a date as recent as reasonably practicable, with customary supporting documentation and supplemental reporting acceptable to the Administrative Agent in its Permitted Discretion.
Xxxxxxx Title: Vice President EXHIBIT I Form of Revolving Borrowing Base Certificate LENDERS: BANK OF AMERICA, N.A., as Swing Line Lender, L/C Issuer and as a Lender By: /s/ M.
The “U.S. Revolving Borrowing Base” shall be equal, as at any date, to 85% of the difference between (x) the aggregate amount of Eligible Domestic Receivables at such date as set forth on the Accounts Report attached to the most recently delivered U.S. Revolving Borrowing Base Certificate pursuant to Section 6.1(f), and (y) the Dilution Reserve.
Xxxx Title: Vice President and Treasurer EXHIBIT I Form of Revolving Borrowing Base Certificate REVOLVING SUBSIDIARY GRANTORS: SONIC SANTA XXXXXX M, INC.