Common use of Borrowing Base Confirmation Clause in Contracts

Borrowing Base Confirmation. The Administrative Agent shall have received a Borrowing Base Certificate evidencing that there is sufficient Revolving Availability with respect to the initial Credit Extension requested by the Borrower.

Appears in 3 contracts

Sources: Revolving Credit Agreement (Consumer Portfolio Services Inc), Revolving Credit Agreement (Consumer Portfolio Services Inc), Revolving Credit Agreement (Consumer Portfolio Services Inc)

Borrowing Base Confirmation. The Administrative Agent shall have received a Borrowing Base Certificate evidencing that there is sufficient Revolving Facility Availability with respect to the initial Credit Extension requested by the Borrower, if occurring on the Closing Date.

Appears in 1 contract

Sources: Credit Agreement (F45 Training Holdings Inc.)