Common use of Certificate of Compliance Clause in Contracts

Certificate of Compliance. WFS shall deliver to Financial Security, concurrently with the delivery of the financial statements required pursuant to paragraph (b) above, a certificate signed by an Authorized Officer of WFS stating that: (i) a review of WFS's performance under this Agreement and the other Transaction Agreements to which WFS is a party during such period has been made under such officer's supervision; and (ii) to the best of such officer's knowledge, based upon such review, WFS has fulfilled all its obligations under this Agreement and the other Transaction Agreements to which WFS is a party during such period, or, if there has been a default of any such obligation, specifying each such default known to such officer and the nature and status thereof.

Appears in 14 contracts

Samples: Insurance, Indemnity and Pledge Agreement (WFS Financial 1997-D Owner Trust), Insurance, Indemnity and Pledge Agreement (WFS Receivables Corp), Insurance, Indemnity and Pledge Agreement (WFS Financial 1997-C Owner Trust)

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