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.
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. If a Default or Event of Default occurs, then the Company will, (x) within thirty (30) days of or, (y) in the case of a Default or Event of Default under Section 7.01(A)(xii) or (xiii), immediately after obtaining actual knowledge thereof, 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; provided, however, that the Company is not required to deliver such Officer’s Certificate if such Default or Event of Default has been cured.
Default Certificate. If a Default or Event of Default occurs, then the Issuer will, within thirty (30) days after its occurrence, deliver an Officer’s Certificate to the Trustee describing the same and what action the Issuer or any Note Party is taking or proposes to take with respect thereto; provided, however, that such notice will not be required if such Default or Event of Default has been cured or waived before the date the Issuer is required to deliver such notice.
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. As of __________________, 20_____
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.