Term Borrowing Base Certificate definition

Term Borrowing Base Certificate means a certificate substantially in the form of Exhibit I hereto (with such changes therein as may be reasonably required by the Agent to reflect the components of and Reserves against the Borrowing Base as provided for hereunder from time to time), executed and certified as accurate and complete in all material respects by a Responsible Officer of the Borrower which shall include appropriate exhibits, schedules, supporting documentation, and additional reports as reasonably requested by the Agent.
Term Borrowing Base Certificate means a certificate, substantially in the form of Exhibit I hereto (with such changes therein as may be reasonably required by the Agent to reflect the components of and Reserves against the Borrowing Base as provided for hereunder from time to time), executed and certified as accurate and complete in all material respects by a Responsible Officer of the Borrower which shall include appropriate exhibits, schedules, supporting documentation, and additional reports as reasonably requested by the Agent.
Term Borrowing Base Certificate means the “Term Loan Borrowing Base Certificate” as such term is defined in the Term Credit Agreement.

Examples of Term Borrowing Base Certificate in a sentence

  • By the Reporting Trigger Date, Borrowers shall deliver to Agent (and Agent shall promptly deliver same to Lenders) a Term Borrowing Base Certificate prepared as of the close of business of the previous week or month, as applicable, and at such other times as Agent may reasonably request in its Permitted Discretion.

  • The Administrative Agent shall have received (i) a Borrowing Base Certificate, and (ii) a Term Borrowing Base Certificate, each dated as of the Fifth Amendment Effective Date, relating to the week ended on August 26, 2023 and in form and substance satisfactory to the Administrative Agent.

  • By the Reporting Due Date, Borrowers shall deliver to Agent (and Agent shall promptly deliver same to Lenders) a Term Borrowing Base Certificate prepared as of the close of business of the previous week or month, as applicable, and at such other times as Agent may request.


More Definitions of Term Borrowing Base Certificate

Term Borrowing Base Certificate means the “Borrowing Base Certificate” as such term is defined in the Term Loan Agreement. “Term ▇▇▇▇▇ Reference Rate” means the forward-looking term rate based on ▇▇▇▇▇, as administered by the Term ▇▇▇▇▇ Reference Rate Administrator. “Term ▇▇▇▇▇ Reference Rate Administrator” means CanDeal Benchmark Administration Services Inc. or TSX Inc. (or any successor administrator of the Term ▇▇▇▇▇ Reference Rate selected by the Administrative Agent in its reasonable discretion). “Term Documents” means the “Loan Documents” as such term is defined in the Term Loan Agreement.