Common use of Certification of No Default Clause in Contracts

Certification of No Default. To furnish Bank a written certification upon Bank's request or in event of no request at least quarterly, that there exists no Event of Default under the terms of this Agreement or under the Related Documents, and that there exists no other action, condition or event which with the giving of notice or lapse of time or both would constitute an Event of Default. If such a condition does exist, the certificate must accurately and fully disclose the extent and nature of such condition and state what action is being taken to correct it.

Certification of No Default. To furnish Bank a written certification upon Bank's request request. or in event of no request at least quarterly, that there exists no Event of Default under the terms of this Agreement or under the Related Documents, . and that there exists no other action, condition or event which with the giving of notice or lapse of time or both would constitute an Event of Default. If such a condition does exist, the certificate must accurately and fully disclose the extent and nature wave of such condition and state what action is u being taken to correct itand proper repairs. renewals. replacements. additions.

Certification of No Default. To furnish Bank a written certification upon Bank's request request, or in event of no request at least quarterly, that there exists no Event of Default under the terms of this Agreement or under the Related Documents, and that there exists no other action, condition or event which with the giving of notice or lapse of time or both would constitute an Event of Default. If such a condition does exist, the certificate must accurately and fully disclose the extent and nature of such condition and state what action is being taken to correct it.