Common use of Auditor's Compliance Certificate Clause in Contracts

Auditor's Compliance Certificate. Simultaneously with the financial statements referred to in Section 9(a)(ii), a certificate of the independent public accountants who audited such statements stating that such accountants have reviewed the relevant terms and conditions of the Fuel Lease and other Basic Agreements to which the Lessee is a party, and that, in making the examination necessary for the audit of such statements, they have obtained no knowledge of any condition or event which constitutes or which with notice or lapse of time or both would constitute a Terminating Event, Lessee Default, Lessee Event of Default, Lease Event of Default or default or event of default under any such Basic Document, or if such accountants shall have obtained knowledge of any such condition or event, specifying in such certificate each such condition or event of which they have knowledge and the nature and status thereof;

Appears in 9 contracts

Samples: Lessee's Letter Agreement (General Public Utilities Corp /Pa/), Lessee's Letter Agreement (Gpu Inc /Pa/), Lessee's Letter Agreement (Pennsylvania Electric Co)

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