Industries. Aerospace & Defense Automobiles Banking, Financing & Real Estate Broadcasting and Media Buildings & Materials Cable Chemicals Computers & Electronics Consumer Products Energy Environmental Services Farming & Agriculture Food, Beverage & Tabasco Gaming, Lodging and Restaurants Healthcare & Pharmaceuticals Industrial/Manufacturing Insurance Leisure & Entertainment Metals & Mining Miscellaneous 1 24 Paper & Forest Products Retail Sovereign Supermarkets and Drug Stores Telecommunications Textiles & Furniture Transportation Utilities 2 25 EXHIBIT A FORM OF BORROWING BASE CERTIFICATE To: Bank of America, N.A., as Agent 231 S. LaSalle St. Chicago, Illinois 60697 Re: Oracle Reinsurance Company, Ltd. Ladies and Gentlemen: We refer to the Credit Agreement dated as of January 27, 1998 (as amended or otherwise modified from time to time, the "Credit Agreement") among Oracle Reinsurance Company, Ltd. (the "Company"), various financial institutions from time to time party thereto (the "Banks"), and Bank of America, N.A. (formerly known as Bank of America National Trust and Savings Association), as agent for the Banks (the "Agent"). This certificate (this "Certificate"), together with supporting calculations attached hereto set forth in reasonable detail, is delivered to you pursuant to the terms of the Credit Agreement. Capitalized terms used but not otherwise defined herein and in the Schedule hereto shall have the same meanings herein as in the Credit Agreement. We hereby certify and warrant to the Agent and the Banks that at the close of business on ___________ , _____________ (the "Borrowing Base Calculation Date"), the Borrowing Base was $______________, computed as set forth on the schedule attached hereto. We hereby further certify and warrant to the Agent and the Banks that the information and computations contained herein are true and correct in all material respects as of the Borrowing Base Calculation Date. IN WITNESS WHEREOF, the Company has caused this Certificate to be executed and delivered by a Responsible Officer this _____ day of __________, _____. ORACLE REINSURANCE COMPANY, LTD. By:__________________________ Title:_______________________ 26 Oracle Reinsurance Company Schedule to Borrowing Base Certificate
Industries in its sole discretion, reserves the right to suspend any or all activities under this AGREEMENT, at any time, when he discovers information that calls into question the responsibility of the CONTRACTOR. In the event of such suspension, the CONTRACTOR will be given written notice outlining the particulars of such suspension. Upon issuance of such notice, the CONTRACTOR must comply with the terms of the suspension order. Contract activity may resume at such time as INDUSTRIES issues a written notice authorizing a resumption of performance under the Contract.