Examples of Borrowing Base Reserve in a sentence
All calculations of Availability in any Borrowing Base Certificate shall originally be made by Borrowers and certified by a Senior Officer of Borrower Agent, provided that Agent may from time to time review and adjust any such calculation to the extent the calculation is not made in accordance with this Agreement or does not accurately reflect the Borrowing Base Reserve or Availability Reserve or to adjust the Reserves in its Credit Judgment.
AdlerFollow this and additional works at: https://scholarlycommons.law.case.edu/caselrev Part of the Law Commons Recommended CitationTeresa M.
If, at any time, Lender implements a Borrowing Base Reserve in excess of $100,000 ("Borrowing Base Reserve Implementation"), Lender will give Parent 5 Business Days advance written notice of such Borrowing Base Reserve Implementation unless an Event of Default then exists, in which case Lender will give Parent contemporaneous oral or written notice of such Borrowing Base Reserve Implementation.
CONSULTATIONThese applications were circulated to a number of agencies and other departments for their review and comments, and notification was placed in the Civic Corner for public review.
As of December 31, 2020, six collection sites participated in the Program.