all Reserves Sample Clauses
all Reserves. Percentages used from time to time in calculating the Borrowing Base are for the sole purpose of determining the maximum amount of Advances under the Revolving Credit Facility that may be outstanding from time to time under this Agreement and shall not be evidentiary of or binding upon Lender with respect to the market value or liquidation value of any Collateral. In the event that Lender has any questions regarding Borrower’s calculation of the Borrowing Base, funding of Advances under the Revolving Credit Facility shall be subject to a resolution of such questions to Lender’s satisfaction. Any request for an Advance under the Revolving Credit Facility which, if funded, would result in the unpaid balance of an Advance under the Revolving Credit Facility being in excess of the amount allowed by this Agreement may be declined by Lender in its sole discretion without prior notice.”
all Reserves. The amounts of Eligible Inventory of the Borrowers shall, at the Collateral Monitoring Agent's option, be determined based on the lesser of (x) the amount of Inventory set forth in the general ledgers of the Borrowers or (y) the perpetual inventory records (by distribution center and, if any, by retail store) maintained by the Borrowers.
all Reserves. Each Member acknowledges and agrees that the Sponsor may rely on the Trading Advisors' estimates of the Net Asset Values of the Series' respective investments in the respective Trading Funds in determining the Sponsor's Fees and Administrative Fee.
all Reserves. The Borrowing Base shall be computed monthly and evidenced on a certificate delivered in accordance with Section 6.01(a)(v). The Borrowing Base at any time in effect shall be determined by reference to the Borrowing Base Certificate most recently delivered hereunder.
all Reserves. The Borrowing Base will be determined by Lender upon receipt and review of all collateral reports required under this Agreement and such other documents and collateral information as Lender may from time to time require. “
all Reserves. Notwithstanding the foregoing, there shall be no increase of the advance rate for Eligible Inventory subject to an Eligible Inventory Buy-Back Agreement from 65% to 75% (i) unless and until Bank has received the audited annual financial statements required under Section 15.1 for the Borrowers and ------------ their Subsidiaries for the fiscal year ending March 31, 2001; or (ii) if a Default or Event of Default has occurred. Percentages used from time to time in calculating the Borrowing Base are for the sole purpose of determining the maximum amount of Advances under Revolving Credit Facility that may be outstanding from time to time under this Agreement and shall not be evidentiary of or binding upon the Bank with respect to the market value or liquidation value of any Collateral. In the event that Bank has any questions regarding the Borrowers' calculation of the Borrowing Base, funding of Advances under the Revolving Credit Facility shall be subject to a resolution of such questions to Bank's satisfaction. Any request for an Advance under Revolving Credit Facility which, if funded, would result in the unpaid balance of an Advance under Revolving Credit Facility being in excess of the amount allowed by this Agreement may be declined by Bank in its sole discretion without prior notice.
all Reserves