Borrower Certificate definition

Borrower Certificate means a certificate substantially in the form of Exhibit B-2 hereto.

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Borrower Certificate. A certificate executed by an Authorized Official of the Borrower, addressing such matters for which such Borrower Certificate is required, in form and substance reasonably acceptable to DOE.

Borrower Certificate is defined in Section 5.06(d).

Examples of Borrower Certificate in a sentence

All capitalized terms used in this Borrower Certificate not otherwise defined shall have their respective meanings specified in the Loan Guarantee Agreement.
Upon receipt by the Administrative Agent of the Borrower Certificate, the Administrative Agent shall execute and deliver to such Guarantor or its designee, at the Borrower’s and such Guarantor’s sole cost and expense, any document or instrument that such Guarantor or the Borrower shall reasonably request to evidence such release.
Global cargo transit insurance Layered Program Policy Number B0509JQ046809 (“Cargo”), substantially in the form attached to the Borrower Certificate delivered pursuant to Section 4.1.14(a) of the Loan Guarantee Agreement.
The Administrative Agent shall confirm, in writing, that the Accordion Increase has become effective and that the aggregate Commitments have been increased by the amount thereof or the Additional Term Loan Facility Commitments are in place, as applicable; and (iv) Borrower Certificate.
Any such addition of a Designated Borrower shall be effective ten Business Days after the delivery of such Designated Borrower Certificate to the Administrative Agent.

More Definitions of Borrower Certificate

Borrower Certificate a written certificate or statement from the Borrower duly executed by an officer of the Borrower, including the Executive Director or Treasurer of the Borrower.

Borrower Certificate. A certificate executed by an Authorized Official of the Borrower that is (i) with respect to any certificate delivered pursuant to Section 4.1 of the Common Agreement, dated as of the Financial Closing Date and substantially in the form attached as Exhibit C to the Common Agreement, (ii) a Master Advance Notice delivered pursuant to Section 4.2 of the Common Agreement, substantially in the form attached as Exhibit M to the Common Agreement, (iii) delivered as a condition precedent to Physical Completion or Project Completion, or (iv) with respect to any other certification to be made by the Borrower pursuant to any Loan Document, addressing such matters as are specified in such Loan Document.

Borrower Certificate means that certain certificate dated as of the Closing Date made by Borrowers in favor of Agent.

Borrower Certificate a certificate of the Borrower substantially in the form attached hereto as Exhibit C.

Borrower Certificate. A certificate from an Authorized Officer of Borrower, to be submitted with each Advance Request, certifying (i) as to compliance with all of the applicable conditions precedent for an Advance under Section 3.2, (ii) that the development of the Project is progressing in a reasonably satisfactory manner and in compliance with the Development Milestone set forth on Schedule 1.3 and the Development Loan Budget, (iii) that to the best knowledge of the Borrower after due inquiry, no event, circumstance or condition exists that could reasonably be expected to prevent the Project from timely completing each of the Development Milestones and achieving Financial Close within the Development Loan Budget, (iv) as to use of all prior proceeds of the Loans previously funded; and (v) with respect to an Advance Request only, (a) that each item of cost and expense to be funded with the Advance with respect to which such certificate is being given has been or will be properly incurred in accordance with this Agreement and the Development Loan Budget and (b) that the amount of the requested Advance plus any amounts then on deposit in the Depositary Account do not exceed the amount of costs and expenses payable under the Development Loan Budget during the thirty (30) day period commencing on the anticipated date of the Advance.

Borrower Certificate means a certificate of the Borrower signed by an Authorized Officer of the Borrower.

Borrower Certificate. A certificate executed by an Authorized Official of the Borrower that is (i) with respect to any certificate delivered pursuant to Section 4.1, dated as of the Financial Closing Date and substantially in the form attached as Exhibit C1, (ii) with respect to any certificate delivered pursuant to Section 4.2, dated as of the Periodic Approval Date and substantially in the form attached as Exhibit C2, (iii) a Master Advance Notice delivered pursuant to Section 4.3, substantially in the form attached as Exhibit M, (iv) delivered as a condition precedent to Project Completion, or (v) with respect to any other certification to be made by the Borrower pursuant to any Loan Document, addressing such matters as are specified in such Loan Document.