Common use of Certification of No Default Clause in Contracts

Certification of No Default. On or before December 1 of each year in which the Bond is outstanding, beginning December 1, 1997, the Company and the Purchaser will deliver a certificate to the Issuer stating that they are aware of no Default or Event of Default or, if they are so aware, describing the circumstances of such Default or Event of Default.

Certification of No Default. On or before December 1 of each year in which the Bond is outstanding, beginning December 1, 19971996, the Company and the Purchaser will deliver a certificate to the Issuer stating that they are aware of no Default or Event of Default or, if they are so aware, describing the circumstances of such Default or Event of Default.