Initial Borrowing Base Report Clause Samples
Initial Borrowing Base Report. Borrower shall have delivered to the Bank, in form and substance satisfactory to Bank, a Borrowing Base Report for Borrower setting forth its information as of May 31, 2010.
Initial Borrowing Base Report. The Borrower covenants and agrees that it shall deliver an initial Borrowing Base Report as at the end of the immediately preceding month to the Agent and the Banks no later than the earlier to occur of (i) November 30, 2000, or (ii) five (5) days prior to the Drawdown Date of any Revolving Credit Loan or Letter of Credit requested hereunder.
Initial Borrowing Base Report. The Administrative Agent shall have ----------------------------- received from the Borrowers the initial Borrowing Base Report dated as of the Closing Date.