Examples of Term Loan Borrowing Base Certificate in a sentence
All of the proceeds of the Capex Term Loans shall be applied to make the applicable capital expenditures and the Agent shall have received a Non-Distribution Term Loan Borrowing Base Certificate and an appraisal (in form and substance satisfactory to the Agent and conducted by an appraiser satisfactory to the Agent) of the Eligible Equipment to be acquired in connection with such capital expenditures and which is to be included in the Non-Distribution Term Loan Borrowing Base.
All of the proceeds of the Distribution Term Loans shall be applied to pay the CBII $50 Million Distribution and the Agent shall have received a Distribution Term Loan Borrowing Base Certificate and the Appraisal.
All of the proceeds of the Acquisition Term Loans shall be applied to make the applicable Permitted Acquisition and the Agent shall have received a Non-Distribution Term Loan Borrowing Base Certificate and an appraisal (in form and substance satisfactory to the Agent and conducted by an appraiser satisfactory to the Agent) of any Eligible Equipment to be acquired in connection with the Permitted Acquisition and which is to be included in the Non- Distribution Term Loan Borrowing Base.
By amending and restating each of Exhibits A (Form of Term Loan Note), B (Form of Notice of Borrowing), C (Form of Assignment and Assumption) and F (Form of Term Loan Borrowing Base Certificate) to the Credit Agreement in its entirety to read as set forth in the forms of such Exhibits A, B, C and F annexed hereto as Annex B attached to this Amendment.
All of the proceeds of the Distribution Term ----------------------- Loans shall be applied to pay the CBII $50 Million Distribution and the Agent shall have received a Distribution Term Loan Borrowing Base Certificate and the Appraisal.
All of the proceeds of the Acquisition Term Loans shall be applied to make the applicable Permitted Acquisition and the Agent shall have received a Non-Distribution Term Loan Borrowing Base Certificate and an appraisal (in form and substance satisfactory to the Agent and conducted by an appraiser satisfactory to the Agent) of any Eligible Equipment to be acquired in connection with the Permitted Acquisition and which is to be included in the Non-Distribution Term Loan Borrowing Base.
All of the proceeds of the Capex Term Loans shall be ---------------- applied to make the applicable capital expenditures and the Agent shall have received a Non-Distribution Term Loan Borrowing Base Certificate and an appraisal (in form and substance satisfactory to the Agent and conducted by an appraiser satisfactory to the Agent) of the Eligible Equipment to be acquired in connection with such capital expenditures and which is to be included in the Non-Distribution Term Loan Borrowing Base.
The Administrative Agent shall have received (i) a Term Loan Borrowing Base Certificate which calculates the Term Loan Borrowing Base as of a recent date determined by the Administrative Agent and (ii) a copy of the ABL Borrowing Base Certificate delivered to the ABL Lender on the Effective Date, each of which shall be in form and substance reasonably satisfactory to the Administrative Agent.
The Administrative Agent shall have received (i) a Term Loan Borrowing Base Certificate which calculates the Term Loan Borrowing Base as of May 31, 2023; and (ii) an ABL Borrowing Base Certificate which calculates the ABL Borrowing Base as of May 31, 2023.
The Administrative Agent shall have received (i) a Borrowing Base Certificate, and (ii) a Term Loan Borrowing Base Certificate, each relating to the Fiscal Month ended on October 29, 2022 and in form and substance satisfactory to the Administrative Agent.