Collateral Reporting definition

Collateral Reporting. Collateral reporting and field examinations shall consist of:
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Examples of Collateral Reporting in a sentence

  • Prior to the occurrence of each Collateral Reporting Trigger Event, the Loan Parties shall deliver to the Administrative Agent an updated Borrowing Base Certificate reflecting such Collateral Reporting Trigger Event on a pro forma basis and demonstrating that upon giving effect to such Collateral Reporting Trigger Event, (A) the Total Revolving Outstandings will not exceed the Line Cap and (B) the Borrowers will be in compliance with the applicable Financial Covenant.

  • Borrowers shall deliver to Agent (and Agent shall promptly deliver same to Lenders) a Borrowing Base Report (i) as of the close of business of the previous month by the 25th day of each month, (ii) during any Collateral Reporting Trigger Period, if requested by Agent, as of the close of business of the previous week by Wednesday of each week and (iii) at such other times as Agent may request after an Event of Default has occurred and is continuing.

  • Each Borrower shall keep accurate and complete records in all material respects of its Inventory, including costs and daily withdrawals and additions and, during any Collateral Reporting Trigger Period, shall submit to Agent inventory and reconciliation reports in form satisfactory to Agent, on such periodic basis as Agent may request.

  • In the event that a Grantor shall at any time after the date hereof have any Commercial Tort Claim in excess of $100,000, such Grantor shall, on each Collateral Reporting Date, notify the Secured Party thereof in writing, which notice shall (i) set forth in reasonable detail the basis for and nature of such Commercial Tort Claim and (ii) constitute an amendment to this Agreement by which such Commercial Tort Claim shall constitute part of the Collateral.

  • INFORMATION AS TO ISSUER 66 Section 9.1 Financial Statements and Other Information 66 Section 9.2 Collateral Reporting 68 Section 9.3 Liquidity Threshold Reporting 68 Section 9.4 IP Security Agreements 69 Section 9.5 Quarterly Note Purchaser Calls 69 ARTICLE X.

  • The Borrower shall have furnished all Borrowing Base Reports required by Section 2.1.5 (Collateral Reporting), there shall exist no Borrowing Base Deficiency, and as evidence thereof, the Borrower shall have furnished to the Agent such reports, schedules, certificates, records and other papers as may be requested by the Agent, and the Borrower shall be in compliance with the provisions of this Agreement both immediately before and immediately after the making of the Advance requested.

  • Each Borrower shall keep accurate and complete records, in all material respects, of its Accounts, including all payments and collections thereon and, during any Collateral Reporting Trigger Period, shall submit to Agent sales, collection, reconciliation and other reports in form reasonably satisfactory to Agent, on such periodic basis as Agent may request.

  • The job posting shall include, at a minimum, the title, duties, hours of work and rate of pay for the position and the procedure for applying for the job.

  • Exhibit A-1 Form of Assignment and Acceptance Exhibit B-1 [RESERVED] Exhibit C-1 Form of Compliance Certificate Exhibit L-1 Form of LIBOR Notice Schedule A-1 Agent’s Account Schedule C-1 Revolver Commitments Schedule 1.1 Definitions Schedule 3.1 Conditions Precedent Schedule 5.2 Collateral Reporting Schedule 5.3 Financial Statements, Reports, Certificates This ASSIGNMENT AND ACCEPTANCE AGREEMENT (“Assignment Agreement”) is entered into as of between (“Assignor”) and (“Assignee”).

  • COLLATERAL REPORTING AND COLLATERAL COVENANTS 34 7.1 Collateral Reporting 34 7.2 Accounts Covenants 35 7.3 Inventory Covenants 36 7.4 Equipment and Real Property Covenants 37 7.5 Power of Attorney 37 7.6 Right to Cure 38 7.7 Access to Premises 38 SECTION 8.

Related to Collateral Reporting

  • Collateral Reports means the reports with respect to the Collateral referred to in Annex F.

  • Collateral Report means any certificate (including any Borrowing Base Certificate), report or other document delivered by any Grantor to the Administrative Agent or any Lender with respect to the Collateral pursuant to any Loan Document.

  • Internal control over financial reporting means a process effected by an insurer’s board of directors, management and other personnel designed to provide reasonable assurance regarding the reliability of the financial statements, i.e., those items specified in Section 5(B)(2) through 5(B)(7) of this regulation and includes those policies and procedures that:

  • Central Repository means the repository responsible for the receipt, consolidation, and retention of all information reported to the CAT pursuant to SEC Rule 613 and the CAT NMS Plan.

  • Collateral Requirement means the requirement that: