AUTHORIZED SIGNER Date. Verified: ________________________ AUTHORIZED SIGNER Date: _________________________ Compliance Status: Yes No
AUTHORIZED SIGNER Date. Verified: AUTHORIZED SIGNER Date: Compliance Status Yes No 5 AFFIRMATION OF SUBORDINATION AND INTERCREDITOR AGREEMENT
AUTHORIZED SIGNER Date. Verified: ________________________ AUTHORIZED SIGNER Date: _________________________ Compliance Status: Yes No Schedule 1 to Compliance Certificate Financial Covenants of Borrower Dated: ____________________ I. Minimum Cash (Section 6.9(a)) Required: Borrower shall maintain at all times, to be certified as of the last day of each month, unrestricted cash at Bank of not less than Three Million Dollars ($3,000,000).
Examples of AUTHORIZED SIGNER Date in a sentence
BANK USE ONLY Received by: AUTHORIZED SIGNER By: Date: Name: Title: Verified: AUTHORIZED SIGNER Date: Compliance Status: Yes No Schedule 1 to Compliance Certificate Financial Covenants of Borrower In the event of a conflict between this Schedule and the Loan Agreement, the terms of the Loan Agreement shall govern.
BANK USE ONLY Received by: By: AUTHORIZED SIGNER Name: Date: Title: Verified: IKOR ACQUISITION CORPORATION AUTHORIZED SIGNER Date: By: Compliance Status: Yes No Name: Title: Schedule 1 to Compliance Certificate Financial Covenants of Borrower In the event of a conflict between this Schedule and the Loan Agreement, the terms of the Loan Agreement shall govern.
BANK USE ONLY By: Received by: Name: AUTHORIZED SIGNER Title: Date: Verified: AUTHORIZED SIGNER Date: Compliance Status: Yes No Schedule 1 to Compliance Certificate Financial Covenants of Borrower In the event of a conflict between this Schedule and the Loan Agreement, the terms of the Loan Agreement shall govern.
BANK USE ONLY Received by: By: AUTHORIZED SIGNER Name: Date: Title: Verified: AUTHORIZED SIGNER Date: Compliance Status: Yes No Schedule l to Compliance Certificate Financial Covenants of Borrower Dated: In the event of a conflict between this Schedule and the Loan Agreement, the terms of the Loan Agreement shall govern.
The following are the exceptions with respect to the certification above: (If no exceptions exist, state “No exceptions to note.”) RingCentral, Inc., on behalf of itself and all Borrowers BANK USE ONLY Received by: By: AUTHORIZED SIGNER Name: Date: Title: Verified: AUTHORIZED SIGNER Date: Compliance Status: Yes No Schedule 1 to Compliance Certificate Financial Covenants of Borrower In the event of a conflict between this Schedule and the Loan Agreement, the terms of the Loan Agreement shall govern.
More Definitions of AUTHORIZED SIGNER Date
AUTHORIZED SIGNER Date. Reviewed by:_________________ Date:________________________ ------------------------------- EXHIBIT D COMPLIANCE CERTIFICATE TO: IMPERIAL BANK FROM: NVIDIA CORPORATION The undersigned authorized officer of NVIDIA Corporation hereby certifies that in accordance with the terms and conditions of the Loan and Security Agreement between Borrower and Bank (the "Agreement"), (i) Borrower is in complete compliance for the period ending ________ with all required covenants except as noted below and (ii) all representations and warranties of Borrower stated in the Agreement are true and correct in all material respects as of the date hereof. Attached herewith are the required documents supporting the above certification. The Officer further certifies that these are prepared in accordance with Generally Accepted Accounting Principles (GAAP) and are consistently applied from one period to the next except as explained in an accompanying letter or footnotes. PLEASE INDICATE COMPLIANCE STATUS BY CIRCLING YES/NO UNDER "COMPLIES" COLUMN. REPORTING COVENANT REQUIRED Complies Company prepared financial statements Monthly within 25 days Yes No Compliance Certificate Monthly within 25 days Yes No CPA Audited, Unqualified financial statements Annually within 90 days of FYE Yes No AT LEAST ONE WEEK PRIOR TO BORROWING: A/R & A/P Agings/3/ Weekly within one week Yes No Borrowing Base Certificate Weekly within one week Yes No Audits Initial and for the quarter ended Yes No September 30, 1998 If there are zero outstanding on the line of credit or under any existing sub-facilities, A/R, A/P and BBC and any other required collateral reporting will not be required; provided that A/R, A/P, and BBC and all other required collateral reporting are provided one week prior to borrowing. FINANCIAL COVENANT REQUIRED Actual COMPLIES Maintain on a Monthly/3/ Basis: 0.75:1.00 _______:1.00 Yes No Minimum Quick Ratio 1.00:1.00/1/ _______:1.00 Yes No 1.25:1.00/2/ _______:1.00 Yes No Minimum TNW $10,000,000 $__________ Yes No $15,000,000/1/ $__________ Yes No Maximum Total Liabilities -- TNW 2.50:1.00 $__________ Yes No 2.00:1.00/2/ $__________ Yes No Maximum Losses ($30,000,000)/3/ $__________ Yes No Profitability of at least $1.00 required for the quarter ended September 30, 1998, and for each month thereafter. /1/ Beginning 9/30/98 /2/ Beginning 12/31/98 /3/ For the combined months of July and August of 1998 COMMENTS REGARDING EXCEPTIONS: SEE ATTACHED. ---------------------------------------------...
AUTHORIZED SIGNER Date. Compliance Status: Yes No ---------------------------------------- Sincerely, INTERNAP NETWORK SERVICES CORPORATION ______________________________________ SIGNATURE ______________________________________ TITLE ______________________________________ DATE
AUTHORIZED SIGNER Date. Verified:_______________________________________________________________ -AUTHORIZED SIGNER Date:___________________________________________________________________ By:_____________________________________________________________________ Title: Compliance Status: Yes No [List of Registered Intellectual Property]
AUTHORIZED SIGNER Date. Verified: ________________________ AUTHORIZED SIGNER Date: _________________________ Compliance Status: Yes No Exhibit C-4 II. Net Income (Section 6.7(b)) Required: (i) ($2,500,000.00) for the quarter ending June 30, 2014, (ii) ($2,350,000.00) for the quarter ending September 30, 2014, (iii) $1,400,000.00 for the quarter ending December 31, 2014, and (iv) for each quarter thereafter, the Net Income covenant levels will be mutually agreed upon by Borrower and Bank based upon Borrower’s 2015 Board-approved projections and budget. The failure of Borrower and Bank to mutually agree in writing, on or before February 28, 2015, to any covenant levels for the period after December 31, 2014, shall result in an immediate Event of Default for which there shall be no grace or cure period. Actual: $_______ No, not in compliance Yes, in compliance
AUTHORIZED SIGNER Date. Compliance Status: Yes No Schedule I Financial Covenants of Borrower In the event of a conflict between this Schedule and the Loan Agreement, the terms of the Loan Agreement shall govern. Dated: ____________________ Adjusted Quick Ratio (Section 5.10(a)) Required: 1.30:1.00 Actual: ___________ A. Aggregate value of the unrestricted and unencumbered cash of Borrower and its Subsidiaries $ B. Aggregate value of the net billed accounts receivable of Borrower and its Subsidiaries $ C. Quick Assets (the sum of lines A and B) $ D. Aggregate value of Obligations to Bank $ E. Aggregate value of liabilities of Borrower and its Subsidiaries (including all Indebtedness) that matures within one (1) year and current portion of Subordinated Debt permitted by Bank to be paid by Borrower $ F. Current Liabilities (the sum of lines D and E) $ G. Aggregate value of all amounts received or invoiced by Borrower and its Subsidiaries in advance of performance under contracts and not yet recognized as revenue $ H. Line F minus line G $ I. Adjusted Quick Ratio (line C divided by line H) Is line I equal to or greater than 1.30:1:00? No, not in compliance Yes, in compliance and, if line I equal to or greater than 1.50:1:00: Minimum Adjusted EBITDA (Section 5.10(b)) Required: Testing Date Minimum Adjusted EBITDA Calendar quarter ending on March 31, 2022 ($3,500,000) Calendar quarter ending on June 30, 2022 $750,000 Calendar quarter ending on September 30, 2022 $1,500,000 Calendar quarter ending on December 31, 2022 $3,000,000 Calendar quarter ending on March 31, 2023 ($3,500,000) Calendar quarter ending on June 30, 2023 $1,500,000 Calendar quarter ending on September 30, 2023 $3,000,000 Calendar quarter ending on December 31, 2023 $5,000,000 Actual: _________ No, not in compliance ________ Yes, in compliance
AUTHORIZED SIGNER Date. Verified: ________________________ AUTHORIZED SIGNER Date: _________________________ Compliance Status: Yes No SCHEDULE 1 TO COMPLIANCE CERTIFICATE FINANCIAL COVENANT OF BORROWER In the event of a conflict between this Schedule and the Loan Agreement, the terms of the Loan Agreement shall govern. Dated: ____________________ I. Liquidity (Section 6.9(c)) Required: $7,500,000.00 Actual: $___________________
AUTHORIZED SIGNER Date. Verified: ________________________ AUTHORIZED SIGNER Date: _________________________ Compliance Status: Yes No Confidential and Proprietary CONFIDENTIAL TREATMENT HAS BEEN REQUESTED FOR PORTIONS OF THIS EXHIBIT. THE COPY FILED HEREWITH OMITS THE INFORMATION SUBJECT TO A CONFIDENTIALITY REQUEST. OMISSIONS ARE DESIGNATED [***]. A COMPLETE VERSION OF THIS EXHIBIT HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. Schedule 1 to Compliance Certificate Financial Covenants of Borrower Dated: ____________________ I. Minimum Cash (Section 6.9(a)) Required: Borrower shall maintain at all times, to be certified as of the last day of each month, unrestricted cash at Bank of not less than Three Million Dollars ($3,000,000).