Common use of Default Certificate Clause in Contracts

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.

Appears in 8 contracts

Sources: Indenture (Netskope Inc), Indenture (Netskope Inc), Indenture (Netskope Inc)

Default Certificate. If a Default or Event of Default occurs, then the Company will, (x) within thirty (30) days after the Company obtains knowledge 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 occurrence 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, provided that the Company is will not be required to deliver such Officer’s Certificate if such the Default or Event of Default has been cured (or deemed cured) or waived prior to the date that such notice is due.

Appears in 2 contracts

Sources: Indenture (Lucid Group, Inc.), Indenture (Lucid Group, Inc.)

Default Certificate. If a Default or Event of Default occurs, then the Company will, (x) within thirty (30) days after the Company first obtains knowledge 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 occurrence 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, provided that the Company is will not be required to deliver such Officer’s Certificate if such the Default or Event of Default has been cured (or deemed cured) or waived prior to the date that such Officer’s Certificate is due.

Appears in 1 contract

Sources: Indenture (IREN LTD)