Canadian Borrowing Base Certificate definition

Canadian Borrowing Base Certificate means a certificate from a Responsible Officer of the Canadian Borrower, in substantially the form of Exhibit M, as such form, subject to the terms hereof, may from time to time be modified as agreed by the Canadian Borrower and the Administrative Agent or such other form which is acceptable to the Administrative Agent in its reasonable discretion.
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Canadian Borrowing Base Certificate means a certificate in the form of Exhibit B-3.
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Canadian Borrowing Base Certificate means a certificate in the form of Exhibit B-1; provided, that on and after the Borrowing Base Trigger Date, “Canadian Borrowing Base Certificate” means a certificate in the form of Exhibit B-2.
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Examples of Canadian Borrowing Base Certificate in a sentence

  • The Administrative Agent shall have received a US Borrowing Base Certificate and a Canadian Borrowing Base Certificate, in each case at least one (1) Business Day prior to the Closing Date.

  • The Canadian Borrowing Base at any time shall be determined by reference to the most recent Canadian Borrowing Base Certificate delivered to the Administrative Agent pursuant to Section 5.01(g) of this Agreement.

  • The Administrative Agent shall have received (a) an Aggregate Borrowing Base Certificate which calculates the Aggregate Borrowing Base as of April 3, 2010 and (b) a US Borrowing Base Certificate, Canadian Borrowing Base Certificate, UK Borrowing Base Certificate and European Borrowing Base Certificate which calculates each such Borrowing Base as of April 3, 2010, in each case on a pro forma basis after giving effect to the Effective Date.

  • As to each item of Inventory that is identified by any Borrower as Eligible Inventory in a US Borrowing Base Certificate or a Canadian Borrowing Base Certificate submitted to Agent, such Inventory is (a) of good and merchantable quality, free from known defects, and (b) not excluded as ineligible by virtue of one or more of the excluding criteria (other than Agent-discretionary criteria) set forth in the definition of Eligible Inventory.

  • The Agent and Co-Collateral Agent shall have received prior to the Effective Date a U.S. Borrowing Base Certificate and a Canadian Borrowing Base Certificate, each of which calculates the Initial Borrowing Base, the U.S. Borrowing Base or the Canadian Borrowing Base, as the case may be, as of the last Business Day of the most recent fiscal month ended at least three (3) Business Days prior to the Effective Date.


More Definitions of Canadian Borrowing Base Certificate

Canadian Borrowing Base Certificate means a certificate, signed and certified as accurate and complete by a Financial Officer of Watsco Canada, in substantially the form of Exhibit H-2 or another form which is acceptable to the Collateral Agent in its Permitted Discretion.
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Canadian Borrowing Base Certificate means a borrowing base certificate, in substantially the form of Exhibit G2 attached hereto, executed by Canadian Borrower.
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Canadian Borrowing Base Certificate has the meaning assigned to such term in Section 5.01(b)(ii).
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Canadian Borrowing Base Certificate means an Officers’ Certificate from Canadian Borrowers substantially in the form of, andcontaining the information prescribed by, Exhibit G-2, delivered to the Revolving Administrative Agent.
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Canadian Borrowing Base Certificate means a certificate substantially in the form of Exhibit I-2. “Canadian Dollars” means the lawful currency of Canada.
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Canadian Borrowing Base Certificate shall have the meaning given to it in the Credit Agreement.
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Canadian Borrowing Base Certificate means a certificate, signed and certified as accurate and complete by a Financial Officer of the Canadian Borrower, in substantially the form of Exhibit B-3. 9
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