Initial Borrowing Base Report definition
Initial Borrowing Base Report means the borrowing base report, substantially in the form agreed to between the Borrower and the Lender, delivered by the Lender in accordance with Section 2.04(a) based on the initial Electronic File.
Initial Borrowing Base Report means the borrowing base report in the form approved by the Lender and delivered to the Lender under clause 4.1 (Initial conditions precedent) Insolvency Event in relation to an entity means that the entity:
Initial Borrowing Base Report means the description of the Maximum Advance Availability, as of the date hereof, for each Parcel as described in Article VII, Section 1 hereof, a copy of which is attached as Composite Exhibit “C”.
Examples of Initial Borrowing Base Report in a sentence
The Assignment of Life Insurance duly executed by Borrower; (l) Initial Borrowing Base Report.
The following reports shall be submitted by Borrower on monthly basis on forms and with such supporting documentation as the Lender shall reasonably require: (i) a Borrowing Base Report (the Initial Borrowing Base Report shall be used for the determination of the Maximum Advance Availability under the Borrowing Base for the first quarter); (ii) an Inventory Report; (iii) Work in Progress Report; and (iv) any other information required by Lender in Lender’s reasonable discretion.
More Definitions of Initial Borrowing Base Report
Initial Borrowing Base Report means the initial borrowing base report delivered by Lender in accordance with Section 2.04 based on the information set forth in the related Servicing Schedule with respect to the Collateral then pledged to Lender hereunder.