Continuing Compliance definition

Continuing Compliance means, at any date of determination, that no Default or Event of Default exists or has occurred and is continuing without Bank’s waiver in the form required hereunder, and, in the case of a particular transaction, act or omission by Borrower or any Loan Party, such transaction, act or omission will not result, directly or indirectly, in any Default or Event of Default and in the case of any transaction involving the payment of money or the incurrence of Debt, will not result in Borrower’s failure to be in compliance with the covenants set forth in Section 4.4 either as of the date of determination or as of the next date provided herein for measuring Borrower’s compliance with such covenants.
Continuing Compliance. You acknowledge that the distribution to UBS Financial Services personnel of the above-referenced materials that are not in compliance with the above statements is strictly prohibited, and you acknowledge that UBS Financial Services is relying on you fulfilling your obligations and agreements hereunder. Further, you will take all reasonable actions to prevent the distribution to UBS Financial Services personnel of any such materials that are inconsistent with these representations.
Continuing Compliance. You acknowledge that the distribution to PaineWebber personnel of the above-referenced materials that are not in compliance with the above statements is strictly prohibited, and you acknowledge that PaineWebber is relying on you fulfilling your obligations and agreements hereunder. Further, you will take all reasonable actions to prevent the distribution to PaineWebber personnel of any such materials that are inconsistent with these representations. (1) Sales literature, marketing materials and "Internal Use Only" documents include, but are not limited to: broker-dealer kits; brochures; newsletters; advertisements; documents regarding sales promotions or contests; questions and answer sheets; scripts; speech outlines or other public presentations; prospecting or solicitation letters; slide presentations; audiotapes and videotapes; columns prepared for outside publications; reprints or excerpts from published materials; and any documents or materials adapted from the above materials.

Examples of Continuing Compliance in a sentence

  • Acquire or expend for, or commit to acquire or expend for, fixed assets by lease (including any Capitalized Lease Obligations), purchase or otherwise if at the time of or upon the consummation of such acquisition or purchase there is not or will not be Continuing Compliance.

  • Exhibit D Certification of Continuing Compliance, or a similar form as may be approved by the Town, may be used to meet this requirement.

  • Such information shall be reported to the City substantially in the form of the Certification of Continuing Compliance attached hereto as Exhibit 3 or in such other format as may be agreed upon by City and Owner.

  • Manager’s Rights to Cure If Owner learns that actions resulting in a potential Continuing Compliance Failure have occurred (whether from its bond counsel, the IRS or other judicial or regulatory body, Manager or elsewhere), Owner shall provide written notice to Manager describing the nature of the actions and possible violation of the IRS Guidelines.

  • Monitoring services include review of Tenant Income Certifications and Certificates of Continuing Compliance provided by a property management company.

  • Annually, throughout the Period of Affordability, the Project Developer must submit a rent roll for the Property’s Affordable Units and certify Contract compliance utilizing the Project Developer’s Certification of Continuing Compliance form provided by CDD.

  • The Owner shall submit an annual Certification of Continuing Compliance attached hereto as Exhibit B or in such other format as may be reasonably requested by the Housing Authority.

  • The Project Developer shall have the following documentation available at the monitoring visit: current rent roll for the Affordable Units, Project Developer’s Certification of Continuing Compliance, and tenant files for the Affordable Units.

  • Manager shall have fifteen (15) Business days within which to notify Owner whether it intends to take remedial measures (at Manager’s sole expense) to cure any Continuing Compliance Failure.