Common use of Borrowing Base Certificates Clause in Contracts

Borrowing Base Certificates. By the 20th calendar day after the end of each fiscal month of the Company, the Company shall deliver to the Administrative Agent (and the Administrative Agent shall promptly deliver same to Lenders) a Borrowing Base Certificate as of the close of business of the previous month; provided that, if a Weekly Reporting Event shall have occurred and be continuing, the Company shall deliver to the Administrative Agent weekly Borrowing Base Certificates by Wednesday of every week prepared as of the close of business on Friday of the previous week, which weekly Borrowing Base Certificates shall be in standard form unless otherwise reasonably agreed to by the Administrative Agent; it being understood that any Borrowing Base Certificates delivered on a weekly basis will be limited to updating the balances of the Accounts as of the most recently ended week. All information (including calculation of Total Excess Availability) in a Borrowing Base Certificate shall be certified by the Company. The Administrative Agent may from time to time adjust any such report to the extent any information or calculation is inaccurate or does not comply with this Agreement in accordance with the definitions of "Canadian Borrowing Base", "Dutch Borrowing Base", "U.S. Tranche A Borrowing Base" and "U.S. Tranche B Borrowing Base".

Borrowing Base Certificates. By the 20th calendar day after the end of each fiscal month of the Company, the Company shall deliver to the Administrative Agent (and the Administrative Agent shall promptly deliver same to Lenders) a Borrowing Base Certificate as of the close of business of the previous month; provided that, if a Weekly Reporting Event shall have occurred and be continuing, the Company shall deliver to the Administrative Agent weekly Borrowing Base Certificates by Wednesday of every week prepared as of the close of business on Friday of the previous week, which weekly Borrowing Base Certificates shall be in standard form unless otherwise reasonably agreed to by the Administrative Agent; it being understood that any Borrowing Base Certificates delivered on a weekly basis will be limited to updating the balances of the Accounts as of the most recently ended week. All information (including calculation of Total Excess Availability) in a Borrowing Base Certificate shall be certified by the Company. The Administrative Agent may from time to time adjust any such report to the extent any information or calculation is inaccurate or does not comply with this Agreement in accordance with the definitions of "“Canadian Borrowing Base"”, "“Dutch Borrowing Base", "” and “U.S. Tranche A Borrowing Base" and "U.S. Tranche B Borrowing Base"”.

Borrowing Base Certificates. By the 20th calendar day after the end of each fiscal month of the Company, the Company shall deliver to the Administrative Agent (and the Administrative Agent shall promptly deliver same to Lenders) a Borrowing Base Certificate as of the close of business of the previous month; provided that, if a Weekly Reporting Event shall have occurred and be continuing, the Company shall deliver to the Administrative Agent weekly Borrowing Base Certificates by Wednesday of every week prepared as of the close of business on Friday of the previous week, which weekly Borrowing Base Certificates shall be in standard form unless otherwise reasonably agreed to by the Administrative Agent; it being understood that any Borrowing Base Certificates delivered on a weekly basis will be limited to updating the balances of the Accounts as of the most recently ended week. All information (including calculation of Total Excess Availability) in a Borrowing Base Certificate shall be certified by the Company. The Administrative Agent may from time to time adjust any such report to the extent any information or calculation is inaccurate or does not comply with this Agreement in accordance with the definitions of "“Canadian Borrowing Base"”, "“Dutch Borrowing Base"”, "“U.S. Tranche A Borrowing Base" ” and "“U.S. Tranche B Borrowing Base"”.

Borrowing Base Certificates. By the 20th calendar day after the end of each fiscal month of the Company, the Company shall deliver to the Administrative Agent (and the Administrative Agent shall promptly deliver same to Lenders) a Borrowing Base Certificate as of the close of business of the previous month; provided that, if a Weekly Reporting Event shall have occurred and be continuing, the Company shall deliver to the Administrative Agent weekly Borrowing Base Certificates by Wednesday of every week prepared as of the close of business on Friday of the previous week, which weekly Borrowing Base Certificates shall be in standard form unless otherwise reasonably agreed to by the Administrative Agent; it being understood that any Borrowing Base Certificates delivered on a weekly basis will be limited to updating the balances of the Accounts as of the most recently ended week. All information (including calculation of Total Excess Availability) in a Borrowing Base Certificate shall be certified by the Company. The Administrative Agent may from time to time adjust any such report to the extent any information or calculation is inaccurate or does not comply with this Agreement in accordance with the definitions definition of "Canadian Borrowing Base", "Dutch Borrowing Base", "U.S. Tranche A Borrowing Base" and "U.S. Tranche B Borrowing Base".

Borrowing Base Certificates. By the 20th calendar day after the end of each fiscal month of the Companymonth, the Company shall deliver to the Administrative Agent (and the Administrative Agent shall promptly deliver same to Lenders) a Borrowing Base Certificate as of the close of business of the previous month; (provided that, if a Weekly Reporting Event shall have occurred and be continuing, the Company shall deliver to the Administrative Agent weekly Borrowing Base Certificates by Wednesday of every week prepared as of the close of business on Friday of the previous week, which weekly Borrowing Base Certificates shall be in standard form unless otherwise reasonably agreed to by the Administrative Agent; it being understood that any Borrowing Base Certificates delivered on a weekly basis will be limited to updating the balances of the Accounts as of the most recently ended week. All information (including the calculation of Total Excess Availability, Suppressed Availability and Specified Availability) in a Borrowing Base Certificate shall be certified by the Company. The Administrative Agent may from time to time time, in its Permitted Discretion, adjust any such report to the extent any information or calculation is inaccurate or does not comply with this Agreement in accordance with the definitions of "Canadian Borrowing Base", "Dutch Borrowing Base", "U.S. Tranche A Borrowing Base" and "U.S. Tranche B Borrowing Base"Agreement.

Borrowing Base Certificates. By the 20th calendar day after the end of each fiscal month of the Companymonth, the Company shall deliver to the Administrative Agent (and the Administrative Agent shall promptly deliver same to Lenders) a Borrowing Base Certificate as of the close of business of the previous month; (provided that, if a Weekly Reporting Event shall have occurred and be continuing, the Company shall deliver to the Administrative Agent weekly Borrowing Base Certificates by Wednesday of every week prepared as of the close of business on Friday of the previous week, which weekly Borrowing Base Certificates shall be in standard form unless otherwise reasonably agreed to by the Administrative Agent; it being understood that any Borrowing Base Certificates delivered on a weekly basis will be limited to updating the balances of the Accounts as of the most recently ended week. All information (including calculation of Total Excess Availability) in a Borrowing Base Certificate shall be certified by the Company. The Administrative Agent may from time to time time, in its Permitted Discretion, adjust any such report to the extent any information or calculation is inaccurate or does not comply with this Agreement in accordance with the definitions of "Canadian Borrowing Base", "Dutch Borrowing Base", "U.S. Tranche A Borrowing Base" and "U.S. Tranche B Borrowing Base"Agreement.

Borrowing Base Certificates. By the 20th calendar day after the end of each fiscal month of the Companymonth, the Company shall deliver to the Administrative Agent (and the Administrative Agent shall promptly deliver same to Lenders) a Borrowing Base Certificate as of the close of business of the previous month; provided that, if a Quarterly Reporting Event shall have occurred and be continuing, the Company need only deliver to the Administrative Agent such Borrowing Base Certificates as of the 20th day of each month that immediately follows the end of a fiscal quarter of the Company; provided further, that if a Weekly Reporting Event shall have occurred and be continuing, the Company shall deliver to the Administrative Agent weekly Borrowing Base Certificates by Wednesday of every week prepared as of the close of business on Friday of the previous week, which weekly Borrowing Base Certificates shall be in standard form unless otherwise reasonably agreed to by the Administrative Agent; it being understood that any Borrowing Base Certificates delivered on a weekly basis will be limited to updating the balances of the Accounts as of the most recently ended week. All information (including the calculation of Total Excess Availability, Suppressed Availability and Specified Availability) in a Borrowing Base Certificate shall be certified by the Company. The Administrative Agent may from time to time time, in its Permitted Discretion, adjust any such report to the extent any information or calculation is inaccurate or does not comply with this Agreement in accordance with the definitions of "Canadian Borrowing Base", "Dutch Borrowing Base", "U.S. Tranche A Borrowing Base" and "U.S. Tranche B Borrowing Base"Agreement.