Borrower’s Books are all Borrower’s books and records including ledgers, federal and state tax returns, records regarding Borrower’s assets or liabilities, the Collateral, business operations or financial condition, and all computer programs or storage or any equipment containing such information.
Borrower’s Books means all of Borrower's books and records including: ledgers; records concerning Borrower's assets or liabilities, the Collateral, business operations or financial condition; and all computer programs, or tape files, and the equipment, containing such information.
Borrower’s Books means all of Borrower's books and records including ledgers; records concerning Borrower's assets or liabilities, the Collateral, business operations or financial condition; and all computer programs, or tape files, and the equipment containing such information.
Examples of Borrower’s Books in a sentence
Bank (through any of its officers, employees, or agents) shall have the right, upon reasonable prior notice, from time to time during Borrower’s usual business hours but no more than once a year (unless an Event of Default has occurred and is continuing), to inspect Borrower’s Books and to make copies thereof, and to audit Borrower’s Accounts.
More Definitions of Borrower’s Books
Borrower’s Books as used in this Agreement means and includes all of the Borrower's books and records including but not limited to: minute books; ledgers; records indicating, summarizing or evidencing Borrower's assets, liabilities, Receivables, business operations or financial condition, and all information relating thereto, computer programs; computer disk or tape files; computer printouts; computer runs; and other computer prepared information and equipment of any kind.
Borrower’s Books means all of Borrowers books and records including, without limitation: ledgers; records concerning Borrowers assets or liabilities, the Collateral, business operations or financial condition; and all computer programs, or tape files, and the equipment, containing such information.
Borrower’s Books means and includes all of Borrower's books and records including but not limited to minute books, ledgers, records indicating, summarizing or evidencing Borrower's assets (including, without limitation, the Accounts), liabilities, business operations or financial condition, and all information relating thereto, computer programs, computer disk or tape file,; computer printouts, computer runs, and other computer prepared information and equipment of any kind.
Borrower’s Books are any Credit Party’s or any of their Subsidiaries’ books and records including ledgers, federal, and state tax returns, records regarding such Credit Party’s or its Subsidiaries’ assets or liabilities, the Collateral, business operations or financial condition, and all computer programs or storage or any equipment containing such information.
Borrower’s Books are all Borrower’s books and records including ledgers, federal and state tax returns, records regarding Borrower’s assets or liabilities, the Collateral, business operations or financial condition, and all computer programs or storage or any equipment containing such information. “Borrowing Base” is (a) eighty-five percent (85%) of Eligible Accounts (as determined by Bank from Borrower’s most recent Transaction Report) plus (b) during a Borrowing Base Enhancement Period, One Million Dollars ($1,000,000); provided, however, that Bank has the right to decrease the foregoing percentage in its reasonable discretion to mitigate the impact of events, conditions, contingencies, or risks which may adversely affect the Collateral or its value. “Borrowing Base Enhancement Period” is, on the Effective Date through the first anniversary of the Effective Date, the period (a) commencing on the day that Borrower demonstrates to Bank that Borrower has maintained for at least fifteen (15) Business Days an aggregate amount of unrestricted cash in one or more Deposit Accounts in the name of Borrower at Bank equal to or greater than Two Million Dollars ($2,000,000) (the “Borrowing Base Enhancement Balance”) and (b) terminating immediately at any time Borrower fails to maintain the Borrowing Base Enhancement Balance. In order to enter into any subsequent Borrowing Base Enhancement Period, Borrower must demonstrate to Bank compliance with the Borrowing Base Enhancement Balance. “Borrowing Resolutions” are, with respect to any Person, those resolutions adopted by such Person’s board of directors or managers, as applicable (and, if required under the terms of such Person’s Operating Documents, stockholders or members, as applicable) and delivered by such Person to Bank approving the Loan Documents to which such Person is a party and the transactions contemplated thereby, together with a certificate executed by its secretary on behalf of such Person certifying (a) such Person has the authority to execute, deliver, and perform its obligations under each of the Loan Documents to which it is a party, (b) that set forth as a part of or attached as an exhibit to such certificate is a true, correct, and complete copy of the resolutions then in full force and effect authorizing and ratifying the execution, delivery, and performance by such Person of the Loan Documents to which it is a party, (c) the name(s) of the Person(s) authorized to execute the Loan Documents, including any Advance...
Borrower’s Books means all of Xxxxxxxx's books and records including ledgers, records indicating, summarizing, or evidencing Borrower's properties or assets or liabilities, all information relating to Borrower's business operations or financial condition, and all computer programs, disc or tape files, printouts, runs, or other computer prepared information, and the equipment containing such information.
Borrower’s Books means all of Borrower's books and records including, but not limited to: minute books; ledgers; records indicating, summarizing, or evidencing Borrower's assets, liabilities, the Accounts and all information relating thereto; records indicating, summarizing, or evidencing Borrower's business operations or financial condition; records indicating, summarizing, or evidencing Borrower's compliance with or problems or activities concerning Environmental Laws; and all computer programs, disc or tape files, printouts, runs, and other computer prepared information and the equipment containing such information and any software necessary to operate the same.