Examples of Tranche B Borrowing in a sentence
Aggregate Borrowing Base, Tranche A Borrowing Base and Tranche B Borrowing Base calculations shall be consistent with historical methods of valuation and calculation, and otherwise satisfactory to Agent (and not necessarily calculated in accordance with GAAP).
Phase 2 of the CDAIS project must therefore focus on strengthening the capacity of some key organizations of the Agricultural innovation System in order to have medium and long-term impacts.
The Company shall furnish to the Administrative Agent any information that the Administrative Agent may reasonably request regarding the determination and calculation of the Tranche A Borrowing Base or the Tranche B Borrowing Base including correct and complete copies of any invoices, underlying agreements, instruments or other documents and the identity of all Account Debtors in respect of the Accounts referred to therein.
For purposes of calculating the Tranche A Borrowing Base, the Tranche B Borrowing Base and the Aggregate Borrowing Base, such calculation of Inventory shall be on a “first-in, first-out” basis.
Borrowing Base Certificate: a certificate, in form and substance reasonably satisfactory to Agent, by which Borrower certifies calculation of the Tranche A Borrowing Base, Tranche B Borrowing Base and Aggregate Borrowing Base.