Closing Date Availability. The Administrative Agent shall have received a certificate of a Responsible Officer of the Borrower in form and substance reasonably satisfactory to the Administrative Agent certifying that after giving effect to any Borrowings as of the Closing Date, the Borrower has unused and available Commitments of not less than 30% of the Borrowing Base.
Appears in 1 contract
Sources: Senior Secured Revolving Credit Agreement (Goodrich Petroleum Corp)
Closing Date Availability. The Administrative Agent shall have received a certificate of a Responsible Officer of the Borrower in form and substance reasonably satisfactory to the Administrative Agent certifying that after giving effect to any Borrowings as of the Closing Date, the Borrower has unused and available Commitments of not less than 30% of the Borrowing Base.$35.0 million. 63 007870-0083-15888-Active.27383864
Appears in 1 contract
Sources: Senior Secured Revolving Credit Agreement (Lilis Energy, Inc.)