Common use of Financial testing Clause in Contracts

Financial testing. The financial covenants set out in clause 20.2 (Financial covenants) 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 pursuant to clause 18.1 (Financial statements) and/or each Compliance Certificate delivered pursuant to clause 18.2 (Compliance Certificate).

Financial testing. The financial covenants set out in clause 20.2 (Financial covenantscondition) shall be calculated in accordance with GAAP in force as at the date of this Agreement on a consolidated basis 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 Financial Statements of the Guarantor Group delivered pursuant to to, and defined as such in, clause 18.1 19.1 (Financial statements) and/or each Compliance Certificate delivered pursuant to clause 18.2 19.2 (Provision and contents of Compliance CertificateCertificate and valuations).

Financial testing. The financial covenants set out in clause 20.2 (Financial covenantscondition) shall be calculated in accordance with GAAP (or if the Annual Financial Statements are prepared in force as at the date of this Agreement accordance with IFRS, IFRS) 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 pursuant to clause 18.1 (Financial statements) and/or each Compliance Certificate delivered pursuant to clause 18.2 19.2 (Provision and contents of Compliance Certificate).

Financial testing. The financial covenants set out in clause 20.2 Clause 19.2 (Financial covenantscondition) 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 on a quarterly basis by reference to each of the financial statements delivered in respect of the Guarantor pursuant to clause 18.1 (Financial statements) and/or Statements and for each Compliance Certificate delivered pursuant to clause Clause 18.2 (Provision and contents of Compliance Certificate). The 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 clause 20.2 (Financial covenants) this Clause 19 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 on an annual basis by reference to each the audited consolidated financial statement of the Borrower for the financial statements year end applicable to the Company and accompanied by a compliance certificate, delivered in respect of the Guarantor pursuant to clause Clause 18.1 (Financial statements) and/or each Compliance Certificate delivered pursuant to clause 18.2 (Compliance Certificate)beginning with the financial statements for the period ending on the end of fiscal year of 2013.