Borrowing Base Report definition

Borrowing Base Report means a report in substantially the form of Exhibit E (or such other form approved by Administrative Agent) certified by a Responsible Officer of Borrower.
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Borrowing Base Report means a Borrowing Base Report for the Borrower signed by an Authorized Signatory of the Borrower and in substantially the form of Exhibit D attached hereto.
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Borrowing Base Report is that certain report of the value of certain Collateral in the form specified by Bank to Borrower from time to time.
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Examples of Borrowing Base Report in a sentence

  • Borrowing Base: on any date of determination and based on the most recent Borrowing Base Report (as it may be adjusted hereunder), an amount equal to the lesser of (a) the aggregate Commitments; or (b) the sum of the Accounts Formula Amount, plus the Inventory Formula Amount, plus the Hercules Formula Amount, minus the Availability Reserve.

  • All information (including the calculation of Availability) in a Borrowing Base Report shall be certified by Borrower Agent.

  • The calculation by the Borrowers of the Borrowing Base in any Borrowing Base Report delivered to the Agent and the valuation thereunder is complete and accurate in all material respects as of the date of such delivery.

  • By the 25th day of each month, Borrower Agent shall deliver to Agent (and Agent shall promptly deliver same to Lenders) a Borrowing Base Report as of the close of business of the previous month; provided, that if a Trigger Period is in effect Borrower Agent shall, no later than the third Business Day of each calendar week, deliver a Borrowing Base Report prepared as of the close of business of such previous week.


More Definitions of Borrowing Base Report

Borrowing Base Report is defined in Section 6.2(a).
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Borrowing Base Report has the meaning described in Section 2.1.4 (Borrowing Base Report).
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Borrowing Base Report has the meaning set forth in Section 2.2(b) hereof.
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Borrowing Base Report means, as of any date of preparation, a certificate setting forth the Borrowing Base (in a form acceptable to Lender in substantially the form of Exhibit A attached hereto) prepared by and certified by the chief financial officer of Borrower.
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Borrowing Base Report means, as of any date of preparation, a certificate, substantially the form of Exhibit A, prepared by and certified by a Responsible Officer.
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Borrowing Base Report means a report of the Borrowing Base, in form and substance satisfactory to the Administrative Agent.
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Borrowing Base Report is that certain report of the value of certain Collateral in the form attached hereto as Exhibit C.
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