The Collateral Generally Sample Clauses
The Collateral Generally. (A) With respect to each Eligible Asset in respect of which an Advance to the Company shall be made, the Company represents and warrants that, as of the date of such Advance, such asset is an Eligible Asset, and if an Eligible Contract, is fully executed, enforceable and the Company and its related Obligor is in compliance with the terms thereof and all applicable laws.
(B) For any calculation of the Borrowing Base, the Collateral of the Company included for the purposes of calculating Eligible Free Cash Flow satisfies the Eligibility Criteria set forth in the Eligibility and Concentration Criteria Annex.
(C) The Cash Flow Tape with respect to the Company delivered to the Collateral Agent and the Holders is accurate in all material respects.
(D) The stratifications provided in Schedule M with respect to the Company are accurate in all material respects.
The Collateral Generally. (A) With respect to each Eligible Asset in respect of which an Advance to the Borrower shall be made, the Borrower represents and warrants that, as of the date of such Advance, such asset is an Eligible Asset, and if an Eligible Contract, is fully executed, enforceable and the Borrower and its related Obligor is in compliance with the terms thereof and all applicable laws.
(B) For any calculation of the Borrowing Base, the Collateral of the Borrower included for the purposes of calculating Eligible Free Cash flow satisfies the Eligibility Criteria set forth in the Eligibility and Concentration Criteria Annex.
(C) The Cash Flow Tape with respect to the Borrower delivered to the Administrative Agent and the Collateral Agent is accurate in all material respects.
(D) The stratifications provided in Schedule M with respect to the Borrower are accurate in all material respects.