Borrowing Base Value Certificate Sample Clauses

Borrowing Base Value Certificate. Simultaneously with the submission of the financial statements required in Section 5.01 of this Agreement, the Borrower shall provide to the Agent and to each Bank a certification, signed by the chief financial officer of the Borrower, providing its calculation of the Borrowing Base Value, such certification to be in a form set out in Exhibit I and otherwise in form satisfactory to the Agent and the Required Banks (the "Borrowing Base Value Certificate"). The Borrower in the Borrowing Base Value Certificate shall certify as to which Borrowing Base Hotels constitute Non-Stabilized Borrowing Base Hotels and which Borrowing Base Hotels constitute Stabilized Borrowing Base Hotels and shall certify as to the amount of the FF&E Deficiency for all such Borrowing Base Hotels in the aggregate.