Default Certificate Sample Clauses

Default Certificate. If a Default or Event of Default occurs, then the Company will, within thirty (30) days after its first occurrence, deliver an Officer’s Certificate to the Trustee describing the same and what action the Company is taking or proposes to take with respect thereto.
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Default Certificate. If a Default or Event of Default occurs, then the Company will promptly deliver an Officer’s Certificate to the Trustee describing the same and what action the Company is taking or proposes to take with respect thereto.
Default Certificate. As soon as possible and in any event within five (5) business days after the occurrence of each Event of Default (as defined in Section 7.01) of which the Borrower has knowledge, the statement of the President of the Borrower setting forth details of such Event of Default and the action which the Borrower proposes to take with respect thereto.
Default Certificate. Within thirty (30) days of the Company becoming aware of the occurrence of any Default or Event of Default, the Company will notify the Trustee of such Default or Event of Default, and describe what action the Company is taking or proposes to take with respect thereto.
Default Certificate. The Corporation shall deliver to the Trustee, within seven (7) days of obtaining knowledge of the existence of a Default hereunder, or within seven (7) days of any Event of Default as described in Section 7.01(4) hereof, a certificate signed by one of its Officers, setting forth the nature of the Default and the steps taken, if any, to cure such Default.
Default Certificate. Within one hundred twenty (120) days after December 31, 2023 and each fiscal year of the Company ending thereafter until the full repayment of the Notes, the Company will deliver an Officer’s Certificate to the Trustee stating (i) that the signatory thereto has supervised a review of the activities of the Company and its Subsidiaries during such fiscal year with a view towards determining whether any Default or Event of Default has occurred; and (ii) whether, to such signatory’s knowledge, a Default or Event of Default has occurred or is continuing (and, if so, describing all such Defaults or Events of Default and what action the Company is taking or proposes to take with respect thereto).
Default Certificate. Concurrently with the delivery of the Financial Statements referred to in Section 7.1.1. above, a certificate of Ernst & Young, LLP (or such other independent certified public accountant) reporting on such Financial Statements stating that in making the examination necessary therefor no knowledge was obtained of the existence of any Default or Event of Default as a result of non-compliance by any Credit Party with any of the financial covenants set forth in Section 9 hereof except as set forth in such certificate.
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Default Certificate. Concurrently with the delivery of the financial statements referred to in Section 7.01(a) and Section 7.01(b), a certificate of an Authorized Officer of the Borrower certifying that, except as specified in such certificate, during such period the Borrower and each of its Subsidiaries has observed or performed all of its covenants and other agreements, and satisfied every condition, contained in this Agreement and the other Credit Documents that is required to be observed, performed or satisfied by the Borrower or any of its Subsidiaries and that such Authorized Officer has no knowledge of the occurrence, at any time during such period (whether or not then continuing) of any Default or Event of Default;
Default Certificate. As of __________________, 20_____ The undersigned, a duly authorized officer of the undersigned companies [hereinafter referred to as the “Borrower” in that certain Amended and Restated Loan Agreement (the “Loan Agreement”) dated as of December __, 2013 among Borrower and First Tennessee Bank National Association, Chattanooga, Tennessee (the “Bank”)], certifies to said Bank, in accordance with the terms and provisions of said Loan Agreement, as follows:
Default Certificate. A report certified by the respective chief executive officers of the Borrower and each of the Guarantors describing any default or failure of performance or any event that with the giving of notice of, or the lapse of time, or both, would become a default by the Borrower or any of the Guarantors under any of such documents, instruments or agreements;
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