Common use of Monthly Borrowing Base Clause in Contracts

Monthly Borrowing Base. Prior to the initial Loan hereunder and at all times when any Obligations remain outstanding, within 30 days after the end of each month, Borrower shall deliver to Silicon a Borrowing Base Certificate signed by the Chief Executive Officer, President, Chief Financial Officer or Controller of Borrower in substantially the form of Exhibit A hereto, together with aged listings of accounts receivable and accounts payable.

Monthly Borrowing Base. Prior to the initial Loan hereunder and at all times when any Obligations remain outstanding, within 30 Within 20 days after the end of each month, ----------------------- if at the end of such month the outstanding Obligations exceed $3,000,000, Borrower shall deliver to Silicon a Borrowing Base Certificate signed by the Chief Executive Officer, President, Chief Financial Officer or Controller of Borrower in substantially the form of Exhibit A hereto, together with aged listings of accounts receivable and accounts payable.

Monthly Borrowing Base. Prior to the initial Loan hereunder and at all times when any Obligations remain outstanding, within Within 30 days after the end of each month, Borrower shall deliver to Silicon a Borrowing Base Certificate signed by the Chief Executive Officer, President, Chief Financial Officer or Controller of Borrower in substantially the form of Exhibit A heretoon Silicon’s standard form, together with aged listings of accounts receivable and accounts payable, and transaction reports including sales, credit memoranda and collection journals and all other monthly reporting requirements set forth in the Loan Agreement.

Monthly Borrowing Base. Prior to the initial Loan hereunder and at all times when any Obligations remain outstanding, within 30 Within 20 days after the end of each month, Borrower shall deliver to Silicon a Borrowing Base Certificate signed by the Chief Executive Officer, President, Chief Financial Officer or Controller of Borrower in substantially the form of Exhibit A hereto, together with aged listings of accounts receivable and accounts payable, and transaction reports including sales, credit memoranda and collection journals and all other monthly reporting requirements set forth in the Loan Agreement.

Monthly Borrowing Base. Prior to the initial Loan hereunder and at all times when any Obligations remain outstanding, within 30 Within 15 days after the end of each month, Borrower shall deliver to Silicon a Borrowing Base Certificate signed by the Chief Executive Officer, President, Chief Financial Officer or Controller of Borrower in substantially the form of Exhibit A heretoon Silicon's standard form, together with aged listings of accounts receivable and accounts payable, and transaction reports including sales, credit memoranda and collection journals and all other monthly reporting requirements set forth in the Loan Agreement.

Monthly Borrowing Base. Prior to the initial Loan hereunder and at all times when any Obligations remain outstanding, within 30 Within 20 days after the end of each month, Borrower shall deliver to Silicon a Borrowing Base Certificate signed by the Chief Executive Officer, President, Chief Financial Officer Officer, Treasurer or Controller of Borrower in substantially the form of Exhibit A heretoon Silicon's standard form, together with aged listings of accounts receivable and accounts payable, and transaction reports including sales, credit memoranda and collection journals and all other monthly reporting requirements set forth in the Loan Agreement.