Borrowing Base Report definition

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.

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.

Borrowing Base Report is defined in Section 6.2(a).

Examples of Borrowing Base Report in a sentence

• The Collateral Agent shall have timely received a Borrowing Base Report for the most recent period for which such Borrowing Base Report is required to be delivered in accordance with Section 6.1(c) or Section 7.2(a), as applicable.

• Each Borrowing Base Report will set forth, in such detail as the Lenders may from time to time reasonably require, the Borrowing Base calculated in accordance with SUBSECTION 1.2(a) above.

• The Borrowers shall promptly notify the Agent (and modify the next Borrowing Base Report to be delivered hereunder to reflect same) in the event of any action suit proceeding dispute set-off deduction defense or counterclaim that is asserted by an Obligor with respect to any of the Receivables.

• Together with such notification, Borrower must promptly deliver to Bank by electronic mail or facsimile a completed EXIM Borrowing Base Report (if required) executed by a Responsible Officer or his or her designee.

• If (i) any discount, credit or agreement to make a rebate or to otherwise reduce the amount owing on an otherwise Eligible Account Receivable owned by such Grantor exists or (ii) if, to the knowledge of such Grantor, any dispute, setoff, claim, counterclaim or defense exists or has been asserted or threatened with respect to an otherwise Eligible Account Receivable, such Grantor will disclose such fact to the Collateral Agent in writing in connection with the next Borrowing Base Report.

More Definitions of Borrowing Base Report

Borrowing Base Report has the meaning described in Section 2.1.4 (Borrowing Base Report).

Borrowing Base Report means a report of the Borrowing Base by the Company submitted by the Company and substantially in the form of Exhibit 7.12, or such other form as is reasonably satisfactory to the Administrative Agent.

Borrowing Base Report means, as of any date of preparation, a certificate, substantially the form of Exhibit B, or in any other form agreed to in writing by Borrower and Administrative Agent, prepared by and certified by a Responsible Officer of Borrower.

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.

Borrowing Base Report means a report substantially in the form of Exhibit C-2, executed by an Authorized Officer of Company and delivered to Administrative Agent, Paying Agent, Collateral Agent and each Lender, which attaches a Borrowing Base Certificate.

Borrowing Base Report shall have the meaning set forth in Section 2.5(iv) hereof.

Borrowing Base Report is that certain report of the value of certain Collateral in the form attached hereto as Exhibit C.