Financial testing. (a) The financial covenants set out in Clause 22.2 (Financial Condition) shall be calculated in accordance with IFRS and tested by reference to appropriate set of Annual Financial Statements, Quarterly Financial Statements and/or each Compliance Certificate delivered pursuant to Clause 21.2 (Provision and Contents of Compliance Certificate).
Appears in 2 contracts
Samples: Facility Agreement (IHS Holding LTD), Facility Agreement (IHS Holding LTD)
Financial testing. (a) The financial covenants set out in Clause 22.2 19.1 (Financial Conditioncondition) shall be measured at the Guarantor and calculated in accordance with IFRS the Accounting Principles (as applied to the Original Financial Statements) and tested by reference to appropriate set of Annual Financial Statements, the Company In-Place Quarterly Financial Statements and/or Rent Tape and each Compliance Certificate delivered pursuant to Clause 21.2 18.2 (Provision and Contents of Compliance Certificate).
Appears in 1 contract
Samples: Subscription Agreement (Radius Global Infrastructure, Inc.)
Financial testing. (a) The financial covenants set out in Clause 22.2 20.2 (Financial Conditioncondition) shall be calculated in accordance with IFRS and tested by reference to appropriate set each of Annual the financial statements of the Group delivered pursuant to paragraphs (a) and (b) of Clause 19.1 (Financial Statements, Quarterly Financial Statements statements) and/or each Compliance Certificate delivered pursuant to Clause 21.2 19.2 (Provision and Contents of Compliance Certificate).
Appears in 1 contract
Financial testing. (a) The financial covenants set out in Clause 22.2 20.1 (Financial Conditioncondition) shall be calculated in accordance with IFRS and tested on each Measurement Date, by reference to appropriate set of Annual the financial statements and management accounts delivered pursuant to Clause 19.1 (Financial Statements, Quarterly Financial Statements and/or statements) and each Compliance Certificate delivered pursuant to Clause 21.2 19.2 (Provision and Contents of Compliance Certificate).
Appears in 1 contract
Samples: Revolving Credit Facility Agreement (Lesaka Technologies Inc)
Financial testing. (a) The financial covenants set out in Clause 22.2 25.2 (Financial Condition) shall be calculated in accordance with IFRS and tested by reference to appropriate set of Annual Financial Statements, Statements and Quarterly Financial Statements and/or each Compliance Certificate delivered pursuant to Clause 21.2 24.2 (Provision and Contents of Compliance Certificate).
Appears in 1 contract
Samples: Credit Agreement (IHS Holding LTD)
Financial testing. (a) The financial covenants set out in Clause 22.2 20.2 (Financial Condition) shall be calculated in accordance with IFRS and tested by reference to appropriate set of Annual Financial Statements, Statements and Quarterly Financial Statements and/or each Compliance Certificate delivered pursuant to Clause 21.2 19.2 (Provision and Contents of Compliance Certificate).
Appears in 1 contract
Samples: Facility Agreement (IHS Holding LTD)
Financial testing. (a) 22.3.1 The financial covenants set out in Clause 22.2 (Financial Conditioncondition) shall be calculated in accordance with IFRS or IFRS for SMEs (as applicable) and tested by reference to appropriate set each of Annual the financial statements delivered pursuant to Clauses 21.3.1 and 21.3 (Financial Statements, Quarterly Financial Statements statements) and/or each Compliance Certificate delivered pursuant to Clause 21.2 21.4 (Provision and Contents contents of Compliance Certificate).
Appears in 1 contract
Financial testing. (a) 20.3.1. The financial covenants set out in Clause 22.2 clause 20.2 (Financial Conditioncondition) shall be calculated in accordance with IFRS and tested by reference to appropriate set each of Annual the financial statements and management accounts delivered pursuant to clause 19.1 (Financial Statements, Quarterly Financial Statements statements)) and/or each Compliance Certificate delivered pursuant to Clause 21.2 clause 19.2 (Provision and Contents of Compliance Certificate).
Appears in 1 contract
Financial testing. (a) The financial covenants set out in Clause 22.2 24.2 (Financial Conditioncondition) shall be calculated in accordance with IFRS and tested by reference to appropriate set each of Annual Financial Statements, the Quarterly Financial Statements and/or and Annual Financial Statements and each Compliance Certificate delivered pursuant to Clause 21.2 23.2 (Provision and Contents of Compliance Certificate).. 161
Appears in 1 contract
Samples: Senior Facilities Agreement (Nordic Telephone CO ApS)
