Common use of Certificate of Covenant Compliance Clause in Contracts

Certificate of Covenant Compliance. On the last day of each March, June, September and December, the Borrow will issue a Certificate of Covenant Compliance, executed by either the Chief Executive Officer or Chief Financial Officer in the form of Schedule 5.16 attached hereto. If the Borrower is not in compliance with the covenants specified in Sections 5 and 6 herein, the Borrower will modify the Certificate of Covenant Compliance by stating the exception and providing a detailed explanation of the non-compliance.

Certificate of Covenant Compliance. On the last day of each March, ---------------------------------- June, September October and December, the Borrow Borrower will issue a Certificate of Covenant Compliance, executed by either the Chief Executive Officer or Chief Financial Officer in the form of Schedule 5.16 5.15 attached hereto. If the Borrower is not in compliance with the covenants specified in Sections 5 and 6 herein, the Borrower will modify the Certificate of Covenant Compliance by stating the exception and providing a detailed explanation of the non-compliance.

Certificate of Covenant Compliance. On the last day of each March, June, September and December, the Borrow will issue a Certificate of Covenant Compliance, executed by either the Chief Executive Officer or Chief Financial Officer in the form of Schedule 5.16 attached hereto. If the Borrower is not in compliance with the covenants specified in Sections 5 and 6 herein, the Borrower will modify the Certificate of Covenant Compliance by stating the exception and providing a detailed explanation of the non-non- compliance.

Certificate of Covenant Compliance. On the last day of each March, June, September October and December, the Borrow Borrower will issue a Certificate of Covenant Compliance, executed by either the Chief Executive Officer or Chief Financial Officer in the a form of Schedule 5.16 attached heretoacceptable to Lender. If the Borrower is not in compliance with the covenants specified in Sections 5 and 6 herein, the Borrower will modify the Certificate of Covenant Compliance by stating the exception and providing a detailed explanation of the non-compliance.

Certificate of Covenant Compliance. On Within 30 days of the last day of each March, June, September and December, the Borrow will issue a Certificate of Covenant Compliance, executed by either the Chief Executive Officer or Chief Financial Officer in the form of Schedule 5.16 attached hereto. If the Borrower is not in compliance with the covenants specified in Sections 5 and 6 herein, the Borrower will modify the Certificate of Covenant Compliance by stating the exception and providing a detailed explanation of the non-compliance.