Examples of Monthly Servicing Report in a sentence
The Borrowing Base at any time shall be determined by reference to the most recent Borrowing Base Certificate and Monthly Servicing Report delivered to the Administrative Agent by the Borrower (or the Servicer on its behalf) and certified by an authorized officer of the Borrower.
Each Receivable that is identified by the Borrower as an Eligible Receivable on a Borrowing Base Certificate or Funding Notice, or by the Servicer on a Monthly Servicing Report, satisfies the Eligibility Criteria.
The Administrative Agent and the Lenders shall have received a form of Monthly Servicing Report, set forth as Exhibit B to the Servicing Agreement, acceptable to the Administrative Agent and the Required Lenders in their sole discretions.
Together with each Borrowing Base Certificate delivered pursuant to this clause (a) and each 70 LEGAL 4873-0998-8490v4881-9719-6460v.143 Monthly Servicing Report, the Borrower shall deliver, or cause the Servicer to deliver, to the Administrative Agent a schedule setting forth the applicable Bank Partner Retained Percentage with respect to each Receivable.