Examples of Certificate of No Default in a sentence
Filing of Financial Statements, Certificate of No Default, Other Information.
The ‘need to know’ concept falls under the umbrella of active learning, which is discussed further in the next section.
The Issuer shall give or procure to be given to the Trustee such opinions, certificates, information and evidence as the Trustee shall require and in such form as it shall require for the purpose of the discharge or exercise of the duties, trusts, powers, authorities and discretions vested in it under this Trust Deed or by operation of law (including, without limitation, the procurement by the Issuer of all such certificates called for by the Trustee pursuant to clause 11.9 (Certificate of No Default)).
Section 6.2 Annual Financial Statements and Information; -------------------------------------------- Certificate of No Default..........................
The Issuer shall provide a copy of each certificate delivered on each anniversary of the date of execution of this Trust Deed pursuant to this clause 10.11 (Certificate of No Default) to the Rating Agencies.
The quarterly financial statements shall be accompanied by (i) comparison to current year projections and comparison to prior year comparable period; and (ii) a Certificate of No Default executed by the President or the Chief Financial Officer of Borrower, in form and content satisfactory to the Lender in its sole discretion.
Upon request by Bank, Borrower shall provide to Bank on such periodic basis as may be specified by Bank and in such form as may be specified by Bank a Certificate of No Default, said certificate to be executed on behalf of Borrower by Borrower’s President or Chief Financial Officer.
CPA Certificate of No Default Letters as required by debt covenants.
The Issuer shall give or procure to be given to the Trustee such opinions, certificates, information and evidence as the Trustee shall require and in such form as it shall require for the purpose of the discharge or exercise of the duties, trusts, powers, authorities and discretions vested in it under this Trust Deed or by operation of law (including without limitation the procurement by the Issuer of all such certificates called for by the Trustee pursuant to Clause 11.9 (Certificate of No Default)).
WHEREAS, the New Redeveloper has advised the City that, in connection with the transfer, a Certificate of No Default for the Financial Agreement is required; and WHEREAS, the City Council of the City of Bayonne finds and determines that it can approve the requested transfer of the Financial Agreement to the New Redeveloper and issue a Certificate of No Default for the Financial Agreement.