Certificate of No Default definition

Certificate of No Default means that certificate required by Section 7.2.5 hereof, in the form and substance of EXHIBIT 1.12 hereto.
Certificate of No Default shall have the meaning specified in Section 7.08(5) hereof.
Certificate of No Default shall have the meaning specified in Section 6.08(4).

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.


More Definitions of Certificate of No Default

Certificate of No Default is as defined in Paragraph 7 hereof.
Certificate of No Default is as defined in Part II, Paragraph 8.i hereof.
Certificate of No Default means a certificate executed by the Chairman of the Board of Borrower and another Authorized Officer of Borrower in form and substance acceptable to Lender certifying to Lender that no Event of Default exists and no event has occurred and condition exists which, with the lapse of time or notice or both, could become an Event of Default.

Related to Certificate of No Default

  • Certificate of noncompliance means a document known as a certificate of noncompliance which is provided by the centralized collection unit of the department of revenue certifying that the named applicant or licensee has an outstanding liability placed with the unit and has not entered into an approved payment plan to pay the liability.

  • Certificate of Amendment has the meaning set forth in Section 2.1(a) of this Agreement.

  • Certificate of Compliance means the certificate referred to in Section 3.03 of the Servicing Agreement and substantially in the form of Exhibit E to the Servicing Agreement.

  • Certificate of Coverage means a written certification provided by any source that offers medical care coverage, including the Plan, for the purpose of confirming the duration and type of an individual’s previous coverage.

  • Certificate of Conversion means the Certificate of Conversion pursuant to which The GetPAID Corporation, a Delaware corporation, converted into the Company, a Delaware limited liability company, filed on October 24, 2005 with the Secretary of State of the State of Delaware, effective as of 11:59 p.m. (EDT) on October 24, 2005.

  • Certificate of accreditation means a certificate issued by an accrediting body to a licensed testing laboratory, entity, or site to be registered in the state.

  • Certificate of Conformity means a document issued by the Supplier to the Buyer stating that the Deliverables are in conformity with the requirements of the Agreement.

  • Certificate of inspection means an unsworn statement,

  • Certificate of Conformance means a document issued by the NCWM based on testing by a participating laboratory that constitutes evidence of conformance of a type.

  • Certificate of approval means a certificate of approval obtained from the

  • Certificate of Acceptance means written certification, delivered to Contractor and signed by an authorized representative of the State, stating that any Defects in a particular Phase or the Solution discovered after implementation and testing have been corrected as required under this Contract, and that the Phase complies in all material respects with all of the applicable Requirements.

  • Certificate of Completion means the certificate of completion given by the Engineer-in- charge pursuant to clause 40 of these conditions;

  • certificate of fitness means a certificate issued by the Department to a contract passenger carrier, a

  • Certificate of Limited Partnership means the Certificate of Limited Partnership of the Partnership filed with the Secretary of State of the State of Delaware as referenced in Section 7.2, as such Certificate of Limited Partnership may be amended, supplemented or restated from time to time.

  • Certificate of organization means the certificate required by section 489.201. The term includes the certificate as amended or restated.

  • Certificate of Insurance means a document showing that an insurance policy has been written and includes a statement of the coverage of the policy.

  • certificate of registration means the certificate issued by a competent authority to the effect that a motor vehicle has been duly registered in accordance with the provisions of Chapter IV;

  • Withdrawal Opinion of Counsel has the meaning assigned to such term in Section 11.1(b).

  • Certificate of Trust means the Certificate of Trust in the form of Exhibit B to be filed for the Trust pursuant to Section 3810(a) of the Statutory Trust Statute.

  • Certificate of need means a written authorization by the department for a person to proceed with a proposal subject to 50-5-301.

  • certificate of exemption means any document evidencing that the entity is exempt from

  • Event of Noncompliance has the meaning set forth in the Certificate of Designation.

  • Certificate of Termination Demand means a certificate substantially in the form of Annex C to the Series 2018-2 Letters of Credit.

  • Certificate of Substantial Completion means the certificate executed by the A/E, ODR and Contractor that documents to the best of A/E’s and ODR’s knowledge and understanding, Contractor’s sufficient completion of the work in accordance with the Contract, so as to be operational and fit for the use intended.

  • Certificate of Substantial Performance means a certificate issued by the NCC when the Work reaches Substantial Performance;

  • Certificate of Determination means the Certificate of Determination or comparable instrument relating to the Designated Preferred Stock, of which these Standard Provisions form a part, as it may be amended from time to time.