Compliance and No Default Certificates. Together with each report required by Subsections (b) and (c), a compliance certificate in the form annexed hereto as Exhibit 5.6(d) and a certificate of its president or chief financial officer certifying that no Event of Default or Default then exists or if an Event of Default or Default exists, the nature and duration thereof and Borrowers' intention with respect thereto, and in addition, shall cause Borrowers' independent auditors (if applicable) to submit to Bank, together with its audit report, a statement that, in the course of such audit, it discovered no circumstances which it believes would result in a Default or if it discovered any such circumstances, the nature and duration thereof.
Compliance and No Default Certificates. In accordance with the terms of the Amended and Restated Loan and Security Agreement dated , 2005 (the “Loan Agreement”) by and between Wachovia Bank, National Association and IMPAX LABORATORIES (“Borrower”), I hereby certify that:
Compliance and No Default Certificates. Together with each report required to be delivered by subsection (b) above in connection with the end of each fiscal month and required to be delivered by subsection (c) above, a compliance certificate in the form annexed hereto as Exhibit 5.6(d) and a certificate of its president or controller certifying that no Default then exists or if a Default exists, the nature and duration thereof and Borrower’s intention with respect thereto, and in addition, Borrower’s Chief Financial Officer shall deliver a copy of such compliance certificate to Borrower’s independent auditors and to the members (if any) of the audit committee of the Board of Directors of Borrower.”
Compliance and No Default Certificates. Together with each report required to be delivered by Subsection (b) in connection with the end of each fiscal quarter and required to be delivered by Subsection (c), a compliance certificate in the form annexed hereto as Exhibit 5.6(d) and a certificate of its president or controller certifying that no Default then exists or if a Default exists, the nature and duration thereof and Borrower's intention with respect thereto, and in addition, shall cause Borrower's independent auditors (if applicable) to submit to Bank, together with its audit report, a statement that, in the course of such audit, it discovered no circumstances which it believes would result in a Default or if it discovered any such circumstances, the nature and duration thereof.
Compliance and No Default Certificates. Together with each report required to be delivered by Subsection (b) in connection with the end of each month (or quarter if tested on a quarterly basis as permitted by Section 7(a)) and required to be delivered by Subsection (c), a compliance certificate in the form annexed hereto as Exhibit 5.6(d) and a certificate of its president or controller certifying that no Default then exists or if a Default exists, the nature and duration thereof and Borrower's intention with respect thereto, and in addition, shall cause Borrower's independent auditors (if applicable) to submit to Bank, together with its audit report, a statement that, in the course of such audit, it discovered no circumstances which it believes would result in a Default or if it discovered any such circumstances, the nature and duration thereof.
Compliance and No Default Certificates. Together with each report required by Subsection (d) and each report for the months of March, June and September required by Subsection (c), a compliance certificate in the form annexed hereto as Exhibit 5.6(e) and a certificate of its president or chief financial officer certifying that no Default then exists or if a Default exists, the nature and duration thereof and Borrower’s intention with respect thereto.
Compliance and No Default Certificates. Together with each report required by subsections (b) and (c) hereto, a compliance certificate in the form annexed hereto as Exhibit 5.6(d) and a certificate of its president or chief financial officer certifying that no Default then exists or if a Default exists, the nature and duration thereof and each Borrower’s intention with respect thereto.
