{"component": "definition", "props": {"groups": [{"snippet_links": [{"key": "most-recent", "type": "definition", "offset": [4, 15]}, {"key": "the-us", "type": "clause", "offset": [33, 40]}, {"key": "report-to", "type": "definition", "offset": [78, 87]}, {"key": "pursuant-to-section", "type": "clause", "offset": [122, 141]}], "snippet": "the most recent date as of which the U.S. Borrower has based a Borrowing Base Report to be delivered by the U.S. Borrower pursuant to Section 7.2(c).", "samples": [{"hash": "6VHrTxafV3O", "uri": "/contracts/6VHrTxafV3O#borrowing-base-date", "label": "Credit Agreement (Sprague Resources LP)", "score": 29.3846680356, "published": true}, {"hash": "gEa5nMalTYX", "uri": "/contracts/gEa5nMalTYX#borrowing-base-date", "label": "Credit Agreement (Sprague Resources LP)", "score": 27.1902806297, "published": true}, {"hash": "iKv8VK3l5Oo", "uri": "/contracts/iKv8VK3l5Oo#borrowing-base-date", "label": "Credit Agreement (Sprague Resources LP)", "score": 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"type": "clause", "offset": [31, 64]}, {"key": "the-conditions", "type": "clause", "offset": [74, 88]}], "snippet": "means the first date after the Second Restatement Effective Date on which the conditions set forth in Section 4.03 have been satisfied.", "samples": [{"hash": "491vANDqsMx", "uri": "/contracts/491vANDqsMx#borrowing-base-date", "label": "Credit Agreement (Rite Aid Corp)", "score": 21.0, "published": true}, {"hash": "6lhye3OCGNY", "uri": "/contracts/6lhye3OCGNY#borrowing-base-date", "label": "Credit Agreement (Rite Aid Corp)", "score": 20.0, "published": true}, {"hash": "4iKe7WrNzma", "uri": "/contracts/4iKe7WrNzma#borrowing-base-date", "label": "Credit Agreement (Rite Aid Corp)", "score": 18.0, "published": true}], "size": 3, "hash": "3b70a48be75a67fe43164ccb5a92d491", "id": 4}, {"snippet_links": [{"key": "the-borrower-shall", "type": "clause", "offset": [27, 45]}, {"key": "minimum-capital-raise", "type": "definition", "offset": [69, 90]}], "snippet": "means October 31, 2003, if the Borrower shall not have consummated a Minimum Capital Raise on or before such date.", "samples": [{"hash": "fqI46xKjJr6", "uri": "/contracts/fqI46xKjJr6#borrowing-base-date", "label": "Credit Agreement (Solectron Corp)", "score": 18.0, "published": true}, {"hash": "f5bq45pv6G3", "uri": "/contracts/f5bq45pv6G3#borrowing-base-date", "label": "364 Day Credit Agreement (Solectron Corp)", "score": 18.0, "published": true}], "size": 3, "hash": "2d762afe56aab6d7118d9f5e3ea3d5a7", "id": 5}, {"snippet_links": [{"key": "borrower-business", "type": "clause", "offset": [31, 48]}, {"key": "prior-to-the", "type": "clause", "offset": [73, 85]}, {"key": "borrowing-base-certificate", "type": "definition", "offset": [110, 136]}], "snippet": "means the date that is one (1) Borrower Business ------------------- Day prior to the date of delivery of the Borrowing Base Certificate.", "samples": [{"hash": "kqfNvbYlfx4", "uri": "/contracts/kqfNvbYlfx4#borrowing-base-date", "label": "Loan and 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designation of the applicable Unrestricted Subsidiary becomes effective), Section 6.05(k) (or, if later, the date on which the applicable Disposition is consummated) or Section 6.05(ii) (or, if later, the date on which the applicable Disposition is consummated), as applicable.", "samples": [{"hash": "dF3Si1H2GE8", "uri": "/contracts/dF3Si1H2GE8#borrowing-base-date", "label": "Abl Credit Agreement (Clarios International Inc.)", "score": 34.492128679, "published": true}, {"hash": "kYZutKd4ZXP", "uri": "/contracts/kYZutKd4ZXP#borrowing-base-date", "label": "Abl Credit Agreement (Clarios International Inc.)", "score": 32.5318275154, "published": true}], "size": 2, "hash": "f2b9e0b21d185239697adbe7c72bb71e", "id": 7}, {"snippet_links": [], "snippet": "means November 24, 2003.", "samples": [{"hash": "4YKng5J4YiP", "uri": "/contracts/4YKng5J4YiP#borrowing-base-date", "label": "Credit Agreement (Solectron Corp)", "score": 18.0, "published": true}, {"hash": "2hmNwlfdbTm", "uri": 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[554, 568]}, {"key": "trade-liabilities", "type": "clause", "offset": [569, 586]}, {"key": "the-net", "type": "clause", "offset": [592, 599]}, {"key": "calculation-of", "type": "definition", "offset": [625, 639]}, {"key": "account-debtor", "type": "definition", "offset": [666, 680]}, {"key": "monies-received", "type": "definition", "offset": [712, 727]}, {"key": "details-of", "type": "clause", "offset": [748, 758]}, {"key": "letters-of-credit", "type": "definition", "offset": [771, 788]}, {"key": "in-clause", "type": "clause", "offset": [799, 808]}, {"key": "forward-contract", "type": "definition", "offset": [845, 861]}, {"key": "pursuant-to-clause", "type": "clause", "offset": [886, 904]}, {"key": "the-definition-of", "type": "definition", "offset": [912, 929]}, {"key": "kildair-borrowing-base", "type": "definition", "offset": [956, 978]}, {"key": "the-definitions-of", "type": "definition", "offset": [1033, 1051]}, {"key": "with-respect-to", "type": "clause", "offset": [1148, 1163]}, {"key": "eligible-unbilled-accounts-receivable", "type": "definition", "offset": [1209, 1246]}, {"key": "report-in", "type": "clause", "offset": [1283, 1292]}, {"key": "form-and-substance", "type": "clause", "offset": [1293, 1311]}, {"key": "the-administrative-agent", "type": "definition", "offset": [1328, 1352]}, {"key": "the-us", "type": "clause", "offset": [1372, 1379]}, {"key": "eligible-inventory", "type": "definition", "offset": [1432, 1450]}, {"key": "inventory-locations", "type": "clause", "offset": [1470, 1489]}, {"key": "market-value", "type": "definition", "offset": [1495, 1507]}, {"key": "inventory-volumes", "type": "definition", "offset": [1512, 1529]}, {"key": "type-of", "type": "definition", "offset": [1546, 1553]}, {"key": "eligible-commodity", "type": "definition", "offset": [1554, 1572]}, {"key": "requested-by", "type": "definition", "offset": [1581, 1593]}, {"key": "in-the-case", "type": "clause", "offset": [1620, 1631]}, {"key": "eligible-hedged-petroleum-inventory", "type": "definition", "offset": [1635, 1670]}, {"key": "eligible-hedged-natural-gas-inventory", "type": "definition", "offset": [1716, 1753]}, {"key": "evidence-of", "type": "clause", "offset": [1755, 1766]}, {"key": "satisfaction-of", "type": "clause", "offset": [1811, 1826]}, {"key": "position-report", "type": "definition", "offset": [1859, 1874]}, {"key": "borrowing-base-report", "type": "clause", "offset": [1918, 1939]}, {"key": "the-value", "type": "clause", "offset": [2000, 2009]}, {"key": "except-to-the-extent", "type": "clause", "offset": [2229, 2249]}, {"key": "covered-by", "type": "definition", "offset": [2250, 2260]}, {"key": "supporting-documentation", "type": "definition", "offset": [2303, 2327]}, {"key": "the-inventory", "type": "clause", "offset": [2332, 2345]}, {"key": "within-thirty", "type": "clause", "offset": [2390, 2403]}, {"key": "days-after", "type": "definition", "offset": [2409, 2419]}, {"key": "each-borrowing", "type": "clause", "offset": [2420, 2434]}, {"key": "calendar-month", "type": "definition", "offset": [2463, 2477]}, {"key": "provided-that", "type": "clause", "offset": [2479, 2492]}, {"key": "borrower-shall", "type": "clause", "offset": [2502, 2516]}, {"key": "use-best-efforts", "type": "clause", "offset": [2517, 2533]}, {"key": "to-provide", "type": "definition", "offset": [2534, 2544]}, {"key": "a-borrowing", "type": "definition", "offset": [2596, 2607]}, {"key": "accounting-records", "type": "clause", "offset": [2760, 2778]}, {"key": "third-party", "type": "clause", "offset": [2804, 2815]}, {"key": "a-copy-of", "type": "clause", "offset": [2842, 2851]}, {"key": "storage-site", "type": "clause", "offset": [2964, 2976]}, {"key": "eligible-petroleum-inventory", "type": "definition", "offset": [3078, 3106]}], "snippet": "related letter of credit (or, if applicable, the maximum value of the related letter of credit after giving effect to any tolerance included therein, and the amount of such tolerance); (B) a schedule of each Eligible Account Receivable and Eligible Unbilled Account Receivable, listing the counterparty thereof, and each of the offsets and deductions to the amount of such Eligible Account Receivable or Eligible Unbilled Account Receivable, as applicable, including, if applicable, (1) the contra account balance thereof, (2) any offset or counterclaim resulting from trade liabilities, (3) the net marked-to-market net-off calculation of any losses applied to the Account Debtor after deduction for all margin monies received and/or paid and the details of any related letters of credit described in clause (A) above, (4) any Out of the Money Forward Contract Amounts applied thereto pursuant to clause (F) of the definition of \u201cU.S. Borrowing Base\u201d or \u201cKildair Borrowing Base\u201d, as applicable) and (5) any adjustments described in the definitions of U.S. Borrowing Base or Kildair Borrowing Base, as applicable, to the extent applicable; and (C) with respect to each Eligible Account Receivable, other than Eligible Unbilled Accounts Receivable, to the extent applicable, an aging report in form and substance satisfactory to the Administrative Agent; (iii) for each of the U.S. Borrowing Base and the Kildair Borrowing Base, for Eligible Inventory, a schedule of (A) inventory locations, (B) Market Value and inventory volumes by location and type of Eligible Commodity, (C) if requested by the Administrative Agent, in the case of Eligible Hedged Petroleum Inventory and (in the case of the U.S. Borrowing Base) Eligible Hedged Natural Gas Inventory, evidence of the hedge as demonstrated to the reasonable satisfaction of the Administrative Agent in the Position Report delivered concurrently with the applicable Borrowing Base Report, (D) each of the offsets and deductions used in determining the value of the Eligible Inventory, including any exchange payable or other offsets and any adjustments described in the definitions of U.S. Borrowing Base or Kildair Borrowing Base, as applicable, to the extent applicable, (E) except to the extent covered by clause (F) or clause (G) below, available supporting documentation for the inventory volumes as of such Borrowing Base Date, (F) within thirty (30) days after each Borrowing Base Date with respect to a calendar month (provided that the U.S. Borrower shall use best efforts to provide within thirty (30) days following receipt therefor a Borrowing Base Report requested by the Administrative Agent), a volume difference reconciliation comparing the inventory volumes reflected in the U.S. Borrower\u2019s accounting records with the U.S. Borrower\u2019s third party statements, together with a copy of such statements (provided, that a copy of such third party statements shall not be required with respect to any storage site not owned or operated by the U.S. Borrower or any of its Affiliates where less than 5,000 Barrels of Eligible Petroleum Inventory is held) and (G) within thirty (30) days after each Borrowing USActive 56005294.156005294.9 -26-", "samples": [{"hash": "dl1ZnnV19w3", "uri": "/contracts/dl1ZnnV19w3#borrowing-base-date", "label": "Credit Agreement (Sprague Resources LP)", "score": 30.3593429158, "published": true}], "size": 2, "hash": "abdd0d55d7adb4fb04f870351d2b5f7f", "id": 9}, {"snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [0, 15]}, {"key": "the-loan-parties", "type": "definition", "offset": [16, 32]}, {"key": "at-any-time", "type": "clause", "offset": [33, 44]}, {"key": "most-recent", "type": "definition", "offset": [50, 61]}, {"key": "report-to", "type": "definition", "offset": [124, 133]}, {"key": "pursuant-to-section", "type": "clause", "offset": [167, 186]}], "snippet": "with respect to the Loan Parties at any time, the most recent date as of which the Loan Parties have based a Borrowing Base Report to be delivered by the Loan Parties pursuant to Section 7.2(c).", "samples": [{"hash": "a7s7shE4Uz9", "uri": 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the Borrowing Base by the applicable <strong>Borrowing Base Date</strong>, the Borrowing Base shall be equal to the lowest Borrowing Base, as determined by any single applicable Lender in conjunction with that Borrowing Base determination or re-determination on or before such applicable <strong>Borrowing Base Date</strong>.", "The Agent will notify the Borrower of the determination of the Borrowing Base on or before each <strong>Borrowing Base Date</strong>, and will include in such notification the Borrowing Base amount which each Lender determined or re-determined.", "The Borrower agrees not to effect or permit any change referred to in the preceding sentence unless all filings have been made under the Uniform Commercial Code or otherwise that are required in order for the Administrative Agent to continue at all times following such change to have a valid, legal and perfected security interest in all the Senior Collateral (and, prior to the <strong>Borrowing Base Date</strong>, the Interim Collateral).", "As part of the LESSOR&#x27;s asset protection plan and in application of the preliminary declaration, the LESSEE shall be solely responsible for negotiating with the LESSOR&#x27;s broker both the face amount to be insured and the premium rate of the subscribed insurance.", "Notwithstanding anything herein, in the Credit Agreement or in the other Documents to the contrary, all of the Lenders may defer or suspend any Borrowing Base Determination (including on or in respect of any Scheduled <strong>Borrowing Base Date</strong>) otherwise required or contemplated thereby in their sole discretion and shall not be obligated to make any such determination if they have so exercised their discretion.", "For the avoidance of doubt, the foregoing does not authorize the Borrower to take any action that would result in the release of the security interests granted in the Interim Collateral under the Interim Collateral Documents prior to the <strong>Borrowing Base Date</strong>.", "The Borrower also shall (or shall cause Subsidiary Loan Parties and, prior to the <strong>Borrowing Base Date</strong>, Holdings and its subsidiaries to) deposit cash collateral pursuant to this paragraph as and to the extent required by Section 2.11(b), and any such cash collateral so deposited and held by the Administrative Agent hereunder shall constitute part of the Borrowing Base Amount for purposes of determining compliance with Section 2.11(b).", "The Borrower will cause all of the Subsidiaries that own Eligible Accounts Receivable, Eligible Inventory or Eligible Script Lists (and, prior to the <strong>Borrowing Base Date</strong>, Holdings and its subsidiaries) to be and at all times remain \u201cUnrestricted Subsidiaries\u201d as defined in, and for all purposes of, each of the Effective Date Indentures and will deliver such documents to the trustees under each such Effective Date Indenture and take such actions thereunder as may be necessary to effect the foregoing.", "Unless and except to the extent that the deposit of cash collateral directly by the Borrower would not result in an obligation to grant a security interest in such cash collateral to the holders of other outstanding Indebtedness of the Borrower, the Borrower will cause Subsidiary Loan Parties (and, prior to the <strong>Borrowing Base Date</strong>, Holdings and its subsidiaries) to deposit all cash collateral required to be deposited pursuant to this Section 2.05(j) or Section 2.11(b)."], "related": [["borrowing-base-value", "Borrowing Base Value", "Borrowing Base Value"], ["borrowing-base-amount", "Borrowing Base Amount", "Borrowing Base Amount"], ["borrowing-base", "Borrowing Base", "Borrowing Base"], ["us-borrowing-base", "U.S. Borrowing Base", "U.S. Borrowing Base"], ["new-borrowing-base-notice", "New Borrowing Base Notice", "New Borrowing Base Notice"]], "related_snippets": [], "updated": "2025-07-06T21:56:50+00:00"}, "json": true, "cursor": ""}}