Common use of Borrowing Base and Compliance Clause in Contracts

Borrowing Base and Compliance. The amounts, calculations and representations set forth on Schedule 1 are true and correct in all material respects and were determined in accordance with the terms and definitions set forth in the Credit Agreement. All of the Accounts referred to in Schedule 1 (other than those Accounts designated as ineligible on Schedule 1) are Eligible Customer Accounts. Attached are the MRR, together with (i) accounts receivable agings, aged by invoice date, (ii) accounts payable agings, aged by invoice date, (iii) SaaS and recurring revenue metrics reports, and (iv) a deferred revenue schedule, together with, in each case, supporting detail and documentation with respect to the amounts, calculation and representations set forth on Schedule 1, all as reasonably requested by the Administrative Agent pursuant to the Credit Agreement.