Compliance Statement. If a Plan Sponsor or Eligible Organization receives a compliance statement under VCP, the compliance statement is binding upon the Service and the Plan Sponsor or Eligible Organization as provided in section 10.09.
Compliance Statement. Within thirty (30) days after the last day of each month and together with the Monthly Financial Statements, a completed Compliance Statement, confirming that, as of the end of such month, Borrower was in full compliance with the terms and conditions of this Agreement and such other information as Bank may reasonably request;
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Compliance Statement. TO: SILICON VALLEY BANK Date: FROM: UPWORK INC., ELANCE, INC., UPWORK GLOBAL INC., and UPWORK TALENT GROUP INC. Under the terms and conditions of the Loan and Security Agreement between Upwork Inc., Elance, Inc., Upwork Global Inc., and Upwork Talent Group Inc. (each and together, jointly and severally, “Borrower”) and Bank (the “Agreement”), Borrower is in complete compliance for the period ending _______________ with all required covenants except as noted below. Attached are the required documents evidencing such compliance, setting forth calculations prepared in accordance with GAAP consistently applied from one period to the next except as explained in an accompanying letter or footnotes. Capitalized terms used but not otherwise defined herein shall have the meanings given them in the Agreement. Please indicate compliance status by circling Yes/No under “Complies” column. Reporting Covenants Required Complies Monthly financial statements with Compliance Statement Monthly within 30 days Yes No Annual financial statements (CPA Audited) FYE within 180 days Yes No 10-Q, 10-K and 8-K Within 10 days after filing with SEC Yes No A/R & A/P Agings Monthly within 30 days Yes No Borrowing Base Statement Monthly within 30 days Yes No Board approved projections FYE within 60 days and as amended/updated Yes No Recurring revenue cohort report Quarterly within 30 days Yes No The following Intellectual Property was registered after the Effective Date (if no registrations, state “None”) Financial Covenant Required Actual Complies Maintain as indicated: Minimum Adjusted Quick Ratio 1.30:1.00 :1.00 Yes No Minimum EBITDA * $ Yes No * See Section 6.9(b) The following financial covenant analyses and information set forth in Schedule 1 attached hereto are true and accurate as of the date of this Compliance Statement. The following are the exceptions with respect to the statements above: (If no exceptions exist, state “No exceptions to note.”)
Compliance Statement. Furnish to Holders of Registrable Securities forthwith upon request, a written statement by the Company as to its compliance with the reporting requirements of Rule 144 (at any time after ninety (90) days after the effective date of the first registration statement filed by the Company for an offering of its securities to the general public), and of the Securities Act and the Securities Exchange Act of 1934, as amended (at any time after it has become subject to such reporting requirements), a copy of the most recent annual or quarterly report of the Company, and such other reports and documents of the Company as a Holder of Registrable Securities may reasonably request in availing itself of any rule or regulation of the Commission allowing such Holder to sell any such securities without registration.
Compliance Statement. UK/Scottish Legislation 4. Roles and Responsibilities
Compliance Statement. During the time period beginning on the Termination Date and ending at the end of the Restricted Period, the Employee shall deliver to Company a written confirmation that the Employee is and has been acting in compliance with the terms and conditions of this Agreement, as may be requested by the Company from time to time.
Compliance Statement. The States designated contract monitor has reviewed this contractual and/fiscal commitment and certifies that the proposed expenditure complies with all applicable federal and state laws and regulations and the BESE’s policies. The designated monitor is aware that he/she is subject to disciplinary or appropriate legal action if their assurance is knowingly in violation of public laws or the BESE’s policies.
Compliance Statement. Within (i) thirty (30) days after the last day of each month, or (ii) from and after an IPO, forty-five (45) days after the last day of each fiscal quarter, and together with the Monthly Financial Statements or Quarterly Financial Statements, as applicable, a completed Compliance Statement, confirming that, as of the end of such month or fiscal quarter, as applicable, Borrower was in full compliance with the terms and conditions of this Agreement and such other information as Bank may reasonably request;
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