Common use of No Borrowing Base Deficiency or Required Reserve Account Deposit Amount Clause in Contracts

No Borrowing Base Deficiency or Required Reserve Account Deposit Amount. After giving effect to such Advance or Release (including any related prepayment made at the time of such Release and any deposit into or withdrawal from the Reserve Account to be made in connection with such Advance or Release, as the case may be), there shall be no Borrowing Base Deficiency and the Required Reserve Account Deposit Amount shall not be more than zero ($0.00).

Appears in 7 contracts

Samples: Warehouse Credit Agreement (LendingClub Corp), Warehouse Credit Agreement (LendingClub Corp), Assignment and Assumption Agreement (LendingClub Corp)

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No Borrowing Base Deficiency or Required Reserve Account Deposit Amount. After giving effect to such Advance Advance, withdrawal or Release (including any related prepayment made at the time of such Release and any deposit into or withdrawal from the Reserve Account to be made in connection with such Advance or Release, as the case may be), there shall be no Borrowing Base Deficiency and the Required Reserve Account Deposit Amount shall not be more than zero ($0.00).

Appears in 1 contract

Samples: Warehouse Credit Agreement (GreenSky, Inc.)

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