Common use of Financial Covenants and Ratios Clause in Contracts

Financial Covenants and Ratios. Comply with the following covenants and ratios: Except as provided above, all computations made to determine compliance with the requirements contained in this paragraph shall be made in accordance with generally accepted accounting principles, applied on a consistent basis, and certified by Borrower as being true and correct.

Appears in 2 contracts

Samples: Business Loan Agreement (Intervisual Books Inc /Ca), Business Loan Agreement (Covalent Partners LLC)

AutoNDA by SimpleDocs

Financial Covenants and Ratios. Comply with the following covenants and ratios: ratios set forth in the paragraph labeled "Financial Covenants." Except as provided abovetherein, all computations made to determine compliance with the requirements contained in this paragraph shall be made in accordance with generally accepted accounting principles, applied on a consistent basis, and certified by Borrower as being true and correct.

Appears in 1 contract

Samples: Business Loan Agreement (Accelgraphics Inc)

Financial Covenants and Ratios. Comply with the following covenants and ratios: Except as provided above, all computations made to in determine compliance with the requirements contained in this paragraph shall be made in accordance with generally accepted accounting principles, applied on a consistent basis, and certified by Borrower as being true and correct.

Appears in 1 contract

Samples: Business Loan Agreement (Success Bancshares Inc)

Financial Covenants and Ratios. Comply with the following covenants and ratios: Except as provided above, all computations made to determine compliance compliances with the requirements contained in this paragraph shall be made in accordance with generally accepted accounting principles, applied on a consistent basis, and certified by Borrower as being true and correct.

Appears in 1 contract

Samples: Commercial Security Agreement (Gynecare Inc)

AutoNDA by SimpleDocs

Financial Covenants and Ratios. Comply with the following covenants and ratios: Except as provided above, all computations made to determine compliance with the requirements contained in this paragraph shall be made in accordance with generally accepted accounting principles, applied on a consistent basis, and certified by Borrower as being true and correct. Refer to page 5.

Appears in 1 contract

Samples: Business Loan Agreement (F5 Networks Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.