Borrowing Base Certificate

Borrowing Base Certificate. Means a certificate executed by an authorized officer of the respective Borrower and including the following: (a) Cash then held in a Collateral Account, (b) a schedule of inventory balances per general ledger for such Borrower, all in a form acceptable to the Administrative Agent, (c) the calculations to determine the amount then equal to the Inter-Harvest Excess, and (d) during the Current Catch Period, a schedule of Eligible Catch balances and supporting documentation in a form acceptable to... the Administrative Agent. View More

Borrowing Base Certificate. Shall mean a certificate executed by an authorized officer of the respective Borrower and including the following: (a) Cash then held in a Collateral Account, and (b) a schedule of inventory balances per general ledger for such Borrower, all in a form acceptable to the Administrative Agent.

Borrowing Base Certificate. Means a certificate certifying calculations of the Borrowing Base, signed and certified as accurate and complete by a Financial Officer of the Borrower, in a form which is acceptable to the Administrative Agent in its sole discretion.

Borrowing Base Certificate. A certificate substantially in the form of Exhibit A to Amendment No. 7, as such form may from time to time be modified by Agent, which is duly completed (including all schedules thereto) and executed by the vice-president-finance, chief financial officer, treasurer, assistant treasurer, controller or other financial or senior officer of Borrower and delivered to Agent.

Borrowing Base Certificate. Means a certificate in substantially the form attached hereto as Exhibit E, duly completed and certified by the Borrower, pursuant to which the Borrower sets forth the Borrowing Base as of a particular date.

Borrowing Base Certificate. Means a certificate of the Borrowers in substantially the form of Exhibit 1 hereto, or such other form as the Bank may require.

Borrowing Base Certificate. Means the certificate in the form of Exhibit A attached hereto properly completed and duly executed by an authorized officer of the Borrower.

Borrowing Base Certificate. The form attached hereto as Exhibit 1.5

Borrowing Base Certificate. Means a Borrowing Base Certificate in form acceptable to Lender.

Borrowing Base Certificate. A monthly certificate prepared by RTL that includes (a) the original acquisition cost, accumulated depreciation and depreciated net book value of the PLC Financed Assets as of the end of the immediately preceding month and (b) a listing of the additions and deletions of PLC Financed Assets from the certificate provided the previous month.