Common use of Annual No Default Certificates Clause in Contracts

Annual No Default Certificates. Within 105 days after the end of each fiscal year of the Company, the Company shall furnish to the Secretary, an Officer's Certificate dated as of the close of such fiscal year stating whether or not, the Company is in default in the performance of or in default in the compliance with any covenant, agreement or condition contained herein or in the Mortgage, Security Agreement or charter relating to the Vessel listed in Attachment A hereto, and if so, specifying each such default and stating the nature thereof.

Appears in 3 contracts

Samples: Fund and Financial Agreement (American Classic Voyages Co), Fund and Financial Agreement (American Classic Voyages Co), Fund and Financial Agreement (American Classic Voyages Co)

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Annual No Default Certificates. Within 105 120 days after the end of each fiscal year of the Company's fiscal year, the Company shall furnish to the Secretary, an Officer's Certificate dated as of the close of such fiscal year stating whether or not, the Company is in default in the performance of or in default in the compliance with any covenant, agreement or condition contained herein or in the Mortgage, Security Agreement or charter relating to the any Vessel listed in Attachment A hereto, and if so, specifying each such default and stating the nature thereof.

Appears in 2 contracts

Samples: Fund and Financial Agreement (Pride International Inc), Fund and Financial Agreement (Pride International Inc)

Annual No Default Certificates. Within 105 days after the end of each fiscal year of the Company's fiscal year, the Company shall furnish to the Secretary, an Officer's Certificate dated as of the close of such fiscal year stating whether or not, the Company is in default in the performance of or in default in the compliance with any covenant, agreement or condition contained herein or in the Mortgage, Security Agreement or charter relating to the any Vessel listed in Attachment A hereto, and if so, specifying each such default and stating the nature thereof.

Appears in 1 contract

Samples: Security Agreement (Chiles Offshore Inc/New/)

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Annual No Default Certificates. Within 105 150 days after the end of each fiscal year of the Company's fiscal year, the Company shall furnish to the Secretary, an Officer's Certificate dated as of the close of such fiscal year stating whether or not, the Company is in default in the performance of or in default in the compliance with any covenant, agreement or condition contained herein or in the Mortgage, Security Agreement or charter relating to the any Vessel listed in Attachment A hereto, and if so, specifying each such default and stating the nature thereof.

Appears in 1 contract

Samples: Fund and Financial Agreement (Chiles Offshore Inc/New/)

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