Common use of Borrowing Base Calculation Clause in Contracts

Borrowing Base Calculation. The calculation by any Borrower of each Borrowing Base in any Borrowing Base Certificate delivered to the Administrative Agent and the Collateral Agent and the valuation thereunder is complete and accurate in all material respects as of the date of such delivery.

Appears in 1 contract

Sources: Abl Credit Agreement (Foundation Building Materials, Inc.)

Borrowing Base Calculation. The calculation by any the Borrower of each Borrowing Base in any Borrowing Base Certificate delivered to the Administrative Agent and the Collateral Agent and the valuation thereunder is complete and accurate in all material respects as of the date of such delivery.

Appears in 1 contract

Sources: Abl Credit Agreement (Hawaiian Electric Co Inc)

Borrowing Base Calculation. The calculation by any the Borrower of each the Borrowing Base in any Borrowing Base Certificate delivered to the Administrative Agent and the Collateral Agent Lead Lender and the valuation thereunder is complete and accurate in all material respects as of the date of such deliveryrespects.

Appears in 1 contract

Sources: Exit Abl Credit Agreement (Pyxus International, Inc.)

Borrowing Base Calculation. The calculation by any the Borrower of each Borrowing Base and LILO Borrowing Base in any Borrowing Base Certificate delivered to the Administrative Agent and the Collateral Agent and the valuation thereunder is complete and accurate in all material respects as of the date of such delivery.

Appears in 1 contract

Sources: Abl Credit Agreement (Turning Point Brands, Inc.)

Borrowing Base Calculation. The calculation by any Borrower of each the Borrowing Base in any Borrowing Base Certificate delivered to the Administrative Agent and the Collateral Agent and the valuation thereunder is complete and accurate in all material respects as of the date of such delivery.

Appears in 1 contract

Sources: Abl Credit Agreement (Forterra, Inc.)

Borrowing Base Calculation. The calculation by any the Borrower of each the Borrowing Base in any Borrowing Base Certificate delivered to the Administrative Agent and the Collateral Agent and the valuation thereunder is complete and accurate in all material respects as of the date of such delivery.

Appears in 1 contract

Sources: Abl Credit Agreement (Southeastern Grocers, LLC)