Common use of Annual Certifications Clause in Contracts

Annual Certifications. The Company shall deliver to the Collateral Agent within one hundred twenty (120) days after the end of each fiscal year of the Company an Officer’s Certificate stating that the (i) Company is in compliance with the covenants of this Article IV and terms and conditions of the Agreement and (ii) that to the best of his or her knowledge the Company has kept, observed, performed and fulfilled each and every covenant contained in this Agreement and is not in default in the performance or observance of any of the terms, conditions and provisions hereof. To the extent that an Event of Default has occurred under this Agreement, the Officer’s Certificate shall describe what action that has been taken or is proposed to be taken by the Company with respect to such Event of Default.

Annual Certifications. The Company shall deliver to the Collateral Agent within one hundred twenty (120) days after the end of each fiscal year of the Company an Officer’s Certificate stating that the (i) Company is in compliance with the covenants of this Article IV and terms and conditions of the Agreement and (ii) that to the best of his or her knowledge the Company has kept, observed, performed and fulfilled each and every covenant contained in this - Agreement and is not in default in the performance or observance of any of the terms, conditions and provisions hereof. To the extent that an Event of Default has occurred under this Agreement, the Officer’s Certificate shall describe what action that has been taken or is proposed to be taken by the Company with respect to such Event of Default..