Financial Covenant Compliance Information Sample Clauses

Financial Covenant Compliance Information. All annual financial reports pursuant to SECTION 6.4(a)(i) and all quarterly financial reports pursuant to SECTION 6.4(b)(i) will also be accompanied by a compliance certificate signed by the chief financial officer of Borrower. Notwithstanding anything in this Agreement to the contrary, Borrower will be required to timely deliver such financial information as may be necessary to promptly and accurately calculate any financial ratio or covenant required under this Agreement even if such information is not specifically enumerated herein. Any review of any financial statements provided by Borrower used to test any financial ratio or covenant will not waive the Lender's rights to require further review or audit of such information or any rights if such further review or audit indicates financial information contrary to the financial statements provided by Borrower.
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Financial Covenant Compliance Information. Concurrently with the delivery of the quarterly financial statements and reports required by Borrower and Guarantor pursuant to Section 6.4(b), a Compliance Certificate in the form of Exhibit B, together with detailed worksheets, schedules and calculations of Borrower and Guarantor with respect to the financial covenants, (collectively, the “Compliance Certificate”) signed by an authorized officer of Borrower or Guarantor, as applicable, certifying among other things, that (i) the information contained in and attached to the Compliance Certificate are true, correct and complete in all material respects, (ii), the financial reports delivered to Lender are true, correct and complete in all material respects, (iii) such information and reports have been prepared in accordance with GAAP, and (iv) each of the financial covenants set forth in Article 7 continue to be satisfied.
Sample 1
Financial Covenant Compliance Information. Concurrently with the delivery of the quarterly financial statements and reports required by Borrower and Guarantor pursuant to Section 6.4(b), a Compliance Certificate in the form of Exhibit B, together with detailed worksheets, schedules and calculations of Borrowers and Guarantor with respect to the financial covenants, (collectively, the “Compliance Certificate”) signed by an authorized officer of Borrower, certifying among other things, that (i) the information contained in and attached to the Compliance Certificate are true, correct and complete in all material respects, (ii), the financial reports delivered to Lender are true, correct and complete in all material respects, (iii) such information and reports have been prepared in accordance with GAAP, and (iv) each of the financial covenants set forth in Article 7 continue to be satisfied. Lender will promptly deliver to Lender any financial statements, reports and Compliance Certificates (together with any detailed worksheets, schedules and calculations attached thereto) received by Lender from Borrower pursuant to this Section 6.4.
Sample 1

Related to Financial Covenant Compliance Information

  • Covenant Compliance Certificate The Borrower shall, contemporaneously with the furnishing of the financial statements pursuant to Section 8.8, deliver to the Bank a duly completed compliance certificate, dated the date of such financial statements and certified as true and correct by an appropriate officer of the Borrower, containing a computation of each of the financial covenants set forth in Section 10 and stating that the Borrower has not become aware of any Event of Default or Unmatured Event of Default that has occurred and is continuing or, if there is any such Event of Default or Unmatured Event of Default describing it and the steps, if any, being taken to cure it.

  • to Compliance Certificate Financial Covenants of Borrower In the event of a conflict between this Schedule and the Loan Agreement, the terms of the Loan Agreement shall govern. Dated:

  • Covenant Compliance the information (including detailed calculations) required in order to establish whether the Company was in compliance with the requirements of Section 10.1 through Section 10.9, inclusive, during the quarterly or annual period covered by the statements then being furnished (including with respect to each such Section, where applicable, the calculations of the maximum or minimum amount, ratio or percentage, as the case may be, permissible under the terms of such Sections, and the calculation of the amount, ratio or percentage then in existence); and

  • Compliance with Financial Covenants Schedule A attached hereto sets forth financial data and computations evidencing the Borrower’s compliance with certain covenants of the Agreement, all of which data and computations are true, complete and correct.

  • TO COMPLIANCE CERTIFICATE This Attachment No. 1 is attached to and made a part of a Compliance Certificate dated as of ____________, ____ and pertains to the period from ____________, ____ to ____________, ____. Subsection references herein relate to subsections of the Credit Agreement.

  • Financial Covenant Calculations The parties hereto acknowledge and agree that, for purposes of all calculations made in determining compliance for any applicable period with the financial covenants set forth in Section 6.7 and for purposes of determining the Applicable Margin, (i) after consummation of any Permitted Acquisition, (A) income statement items and other balance sheet items (whether positive or negative) attributable to the target acquired in such transaction shall be included in such calculations to the extent relating to such applicable period (including by adding any cost saving synergies associated with such Permitted Acquisition in a manner reasonably satisfactory to the Agent), subject to adjustments mutually acceptable to Borrowers and the Agent and (B) Indebtedness of a target which is retired in connection with a Permitted Acquisition shall be excluded from such calculations and deemed to have been retired as of the first day of such applicable period and (ii) after any Disposition permitted by Section 6.8), (A) income statement items, cash flow statement items and balance sheet items (whether positive or negative) attributable to the property or assets disposed of shall be excluded in such calculations to the extent relating to such applicable period, subject to adjustments mutually acceptable to Borrowers and the Agent and (B) Indebtedness that is repaid with the proceeds of such Disposition shall be excluded from such calculations and deemed to have been repaid as of the first day of such applicable period.

  • Provision and contents of Compliance Certificate (a) The Company shall supply a Compliance Certificate to the Agent with each set of its audited consolidated Annual Financial Statements and each set of its consolidated Quarterly Financial Statements.

  • Financial Covenants So long as any Advance or any other Obligation of any Loan Party under any Loan Document shall remain unpaid, any Letter of Credit shall be outstanding or any Lender Party shall have any Commitment hereunder, the Borrower will:

  • Specific Financial Covenants During the term of this Agreement, and thereafter for so long as there are any Obligations to Lender, Borrower covenants that, unless otherwise consented to by Lender in writing, it shall:

  • Certain Financial Covenants The Borrower will not:

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