Common use of Bona Fide Eligible Accounts Clause in Contracts

Bona Fide Eligible Accounts. The Eligible Accounts identified in the Borrowing Base Certificate most recently delivered to Bank are bona fide existing obligations. The Borrowing Base Certificate most recently delivered to Bank pursuant to this Agreement correctly identifies in all material respects those Accounts of Borrower and Parent that are Eligible Accounts as of the date of such Borrowing Base Certificate.

Bona Fide Eligible Accounts. The Eligible Accounts identified in the Borrowing Base Certificate most recently delivered to Bank are bona fide existing obligations. The Borrowing Base Certificate most recently delivered to Bank pursuant to this Agreement correctly identifies in all material respects those Accounts of Borrower and Parent that are Eligible Accounts as of the date of such Borrowing Base Certificate.