Monthly Compliance Certificate definition

Monthly Compliance Certificate means a Monthly Compliance Certificate substantially in the form of Exhibit I (which shall include a compliance certification with respect to the Financial Covenants for the related reporting period), as amended, restated, supplemented or otherwise modified from time to time.

Monthly Compliance Certificate means a certificate delivered by the Borrower to the Agent in the form of Exhibit "G".

Monthly Compliance Certificate shall have the meaning ascribed to such term in Section 6.1(a).

Examples of Monthly Compliance Certificate in a sentence

• In case the signed and stamped Monthly Compliance Certificate is not submitted by 2nd of the succeeding month, NPL, at its sole discretion, may suspend the further supplies till the report is submitted.

• Suspension of supplies in no way relieve the Buyer from submission of signed and stamped Monthly Compliance Certificate, and discharging all its other obligations under the Sale Order.

• The solution will have three management tools, viz., (a) Monthly Compliance Certificate/ report, (b) Quarterly Compliance Certificate/report and (c) Quarterly Progress on Annual Compliance Plan.

• As soon as available, but no later than (i) thirty (30) days after the last day of each of the first and second months in each fiscal quarter and (ii) forty-five (45) days after the last day of the third month in each fiscal quarter, a company prepared consolidated balance sheet and income statement covering Borrower’s consolidated operations for such month certified by a Responsible Officer and in a form acceptable to Bank (the “Monthly Financial Statements”); ( b ) Monthly Compliance Certificate.

• The Credit Card Cell will send a Monthly Compliance Certificate to Audit and NPA Management Committee of the Board confirming that the Credit Card applications and other matters relating to Credit Card issuance, monitoring and recovery; are in conformity and compliance with RBI directives and guidelines.

More Definitions of Monthly Compliance Certificate

Monthly Compliance Certificate means a certificate signed by a responsible officer of Parent, in substantially the form attached hereto as Exhibit N and reasonably satisfactory to the Holder or Agent, as applicable.

Monthly Compliance Certificate shall have the meaning set forth in Section 7.3(c).

Monthly Compliance Certificate means a certificate, substantially in the form of Exhibit D, by which each Borrower certifies compliance with Sections 10.2.3 and 10.3

Monthly Compliance Certificate means a certificate substantially in the form of Exhibit C-2.

Monthly Compliance Certificate means a compliance certificate, in the form attached as an Exhibit hereto, to be executed and delivered by a Senior Officer of Borrower to the Agent within ten (10) following the end of each month, certifying, based on an examination sufficient to permit each such officer to make an informed statement, that no Balance Sheet Available Cash Shortfall exists as of the end of such month, and such certificate shall have appended thereto calculations which evidence and support that no Balance Sheet Available Shortfall exists as of the end of such month.

Monthly Compliance Certificate shall have the meaning set forth in Section 10.3(b).

Monthly Compliance Certificate a certificate duly -------------------------------- executed by a Responsible Officer of the Parent and the Company, which certificate will contain such financial calculations and other information required thereby covering the period of the calendar month for which the Monthly Compliance Certificate is being delivered (the "Monthly Test Period"), and shall be substantially in the form of Exhibit A to the Third Amendment (with appropriate adjustments to reflect that the test period to which such Monthly Compliance Certificate is applicable is a Monthly Test Period and ends as of the last day of a calendar month rather than a fiscal quarter and such other changes thereto as may be agreed upon from time to time by the Administrative Agent and the Parent and the Company), and including therein, among other things, calculations supporting compliance with Article VII. For purposes of determining the financial calculations required by the Monthly Compliance Certificate, financial ratio terms which are defined in the Credit Agreement with reference to the end of the applicable fiscal quarter (e.g., Consolidated Fixed Charge - - Coverage Ratio, Consolidated Interest Coverage Ratio, etc.) shall be redefined for such purposes only to refer to the end of the applicable calendar month."