Borrowing Base Certificate definition

Borrowing Base Certificate means a certificate, signed and certified as accurate and complete by a Financial Officer of the Borrower Representative, in substantially the form of Exhibit C or another form which is acceptable to the Administrative Agent in its sole discretion.
Borrowing Base Certificate means a certificate substantially in the form of Exhibit E hereto (with such changes therein as may be required by the Agent to reflect the components of and reserves against the Borrowing Base as provided for hereunder from time to time), executed and certified as accurate and complete by a Responsible Officer of the Lead Borrower which shall include appropriate exhibits, schedules, supporting documentation, and additional reports as reasonably requested by the Agent.
Borrowing Base Certificate means a certificate in the form of Exhibit B-1.

Examples of Borrowing Base Certificate in a sentence

As provided in Section 2.03, the Administrative Agent shall have received a Borrowing Request and a Borrowing Base Certificate executed by the Borrower.

Although the Loan Agreement and Borrowing Base Certificate make clear that Proficio was providing a revolving loan, the nature of the loan by itself does not support the conclusion that Southington was warranting Wire Source’s financial status into the future.

Specifically, at 1:37 pm on July 20, 2009, Matt Smith, a trust officer of BOA provided a Borrowing Base Certificate to Sumeet Wadhera, showing Ocala to be solvent.

The Borrowing Base Condition was set forth on Borrowing Base Certificate.The Depositary Agreement required that BOA receive a Borrowing Base Certificate from an agent of Ocala prior to the issuance of any Ocala Notes, and required BOA to certify as to the assets and liabilities of Ocala and the satisfaction of the Borrowing Base Condition.

Second, the $1.85 billion total set forth in the Borrowing Base Certificate included a purported $1.3 billion in mortgages owned by Ocala.


More Definitions of Borrowing Base Certificate

Borrowing Base Certificate means a certificate by a Responsible Officer of the Borrower, substantially in the form of Exhibit B (or another form acceptable to the Agent) setting forth the calculation of the Borrowing Base, including a calculation of each component thereof, all in such detail as shall be satisfactory to the Agent. All calculations of the Borrowing Base in connection with the preparation of any Borrowing Base Certificate shall originally be made by the Borrower and certified to the Agent; provided, that the Agent shall have the right to review and adjust, in the exercise of its reasonable credit judgment, any such calculation (1) to reflect its reasonable estimate of declines in value of any of the Collateral described therein, and (2) to the extent that such calculation is not in accordance with this Agreement.
Borrowing Base Certificate means a certificate of a Financial Officer of the Borrower, substantially in the form of Exhibit B and appropriately completed.
Borrowing Base Certificate means a certificate in substantially the form of Exhibit 1.2 duly executed by the President, Chief Financial Officer or Controller of the Borrowing Agent and delivered to the Agent, appropriately completed, by which such officer shall certify to Agent the Formula Amount and calculation thereof as of the date of such certificate.
Borrowing Base Certificate means a certificate to be executed and delivered from time to time by Borrower in the form attached to the Agreement as Exhibit 4.1(b).
Borrowing Base Certificate means a certificate setting forth the calculation of the Borrowing Base as of the applicable date of determination substantially in the form of Exhibit C hereto, prepared by the Servicer.
Borrowing Base Certificate means a certificate, duly executed by a Responsible Officer of Borrower Representative, appropriately completed and substantially in the form of Exhibit C hereto.
Borrowing Base Certificate means a certificate substantially in the form of Exhibit I.