Common use of Financial testing Clause in Contracts

Financial testing. The financial covenants set out in this Clause 21 (Financial Covenants) shall be calculated in accordance with GAAP and tested by reference to each of the financial statements of the Guarantor and the Compliance Certificate delivered under paragraph (c) of Clause 20.1 (Financial statements). 106

Financial testing. The financial covenants set out in this Clause 21 clause 20.2 (Financial Covenantscovenants) shall be calculated in accordance with GAAP in force as at the date of this Agreement and tested as of 30 June and 31 December of each financial year of the Guarantor and by reference to each of the financial statements delivered in respect of the Guarantor and the pursuant to clause 18.1 (Financial statements) and/or each Compliance Certificate delivered under paragraph pursuant to clause 18.2 (c) of Clause 20.1 (Financial statementsCompliance Certificate). 106.

Financial testing. The financial covenants set out in this Clause 21 clause 20.2 (Financial Covenantscondition) shall be calculated in accordance with GAAP on a consolidated basis and tested by reference to each of the financial statements Financial Statements of the Guarantor Group delivered pursuant to, and the defined as such in, clause 19.1 (Financial statements) and/or each Compliance Certificate delivered under paragraph pursuant to clause 19.2 (c) Provision and contents of Clause 20.1 (Financial statementsCompliance Certificate and valuations). 106.

Financial testing. (a) The financial covenants set out in this Clause 21 20.2 (Financial Covenantscondition) shall be calculated in accordance with GAAP applicable to the Original Financial Statements of the Company and tested by reference to each of the financial statements delivered pursuant to paragraphs (a), (c) and (e) of the Guarantor and the Clause 19.1 (Financial statements) and/or each Compliance Certificate delivered under paragraph pursuant to Clause 19.2 (cCompliance Certificate). (b) For the purpose of this Clause 20.1 (Financial statements). 10620, no item shall be included or excluded more than once in any calculation.

Financial testing. The financial covenants set out in this Clause 21 clause 23.2 (Financial Covenantscondition) shall be calculated in accordance with GAAP and tested by reference to each of the financial statements of the Guarantor and the and/or each Compliance Certificate delivered under paragraph pursuant to clause 22.2 (c) of Clause 20.1 (Financial statementsCompliance Certificate). 106.

Financial testing. The financial covenants set out in this Clause 21 19.2 (Financial Covenantscondition) shall be calculated in accordance with GAAP and tested on a quarterly basis by reference to each of the financial statements of the Guarantor Financial Statements and the for each Compliance Certificate delivered under paragraph pursuant to Clause 18.2 (c) Provision and contents of Clause 20.1 (Financial statementsCompliance Certificate). 106The Facility Guarantor undertakes to promptly provide such information as the Administrative Agent may require pursuant to this Clause 19.

Financial testing. The financial covenants set out in this Clause 21 22.2 (Financial Covenantscondition) shall be calculated in accordance with GAAP and tested by reference to each of the financial statements of the Guarantor and the and/or each Compliance Certificate delivered under paragraph pursuant to Clause 21.2 (c) of Clause 20.1 (Financial statementsCompliance Certificate). 106.

Financial testing. The financial covenants set out in this Clause 21 (Financial Covenants) shall be calculated in accordance with GAAP and tested by reference to each of the financial statements of the Guarantor delivered pursuant to Clause 20.2 (Financial statements) and the Compliance Certificate Certificates delivered under paragraph pursuant to Clause 20.3 (c) of Clause 20.1 (Financial statementsCompliance Certificate). 106.

Financial testing. The financial covenants set out in this Clause 21 21.2 (Financial CovenantsCondition) shall be calculated in accordance with GAAP and tested by reference to each of the financial statements of the Guarantor delivered pursuant to paragraphs 19.1.1 and the 19.1.2 of Clause 19.1 (Financial statements) and/or each Compliance Certificate delivered under paragraph pursuant to Clause 19.2 (c) of Clause 20.1 (Financial statementsCompliance Certificate). 106.

Financial testing. The financial covenants set out in this Clause 21 20.2 (Financial Covenantscondition) shall be calculated in accordance with GAAP and tested by reference to each of the financial statements of the Guarantor and the Compliance Certificate delivered under paragraph (c) of Clause 20.1 (most recent Filed Financial statements). 106Statements.

Financial testing. The financial covenants set out in this Clause 21 21.3 (Financial Covenantscondition) shall be calculated in accordance with GAAP and tested by reference to each of the financial statements of the Guarantor Financial Statements delivered pursuant to Clause 20.1.2 and the Clause 20.1.3 (Financial statements) and/or each Compliance Certificate delivered under paragraph pursuant to Clause 20.2 (c) of Clause 20.1 (Financial statementsCompliance Certificate). 106.

Financial testing. The financial covenants set out in this Clause 21 clause 20.2 (Financial Covenantscondition) shall be calculated in accordance with GAAP (or if the Annual Financial Statements are prepared in accordance with IFRS, IFRS) and tested by reference to each of the financial statements of the Guarantor and the and/or each Compliance Certificate delivered under paragraph pursuant to clause 19.2 (c) Provision and contents of Clause 20.1 (Financial statementsCompliance Certificate). 106.