Common use of Compliance Certificate; Notice of Default or Event of Default Clause in Contracts

Compliance Certificate; Notice of Default or Event of Default. (a) The Issuers shall deliver to the Trustee, within 90 days after the end of each fiscal year, beginning with the fiscal year ending December 31, 2020, an Officer’s Certificate stating that a review of the activities of the Company and its Subsidiaries during the preceding fiscal year has been made under the supervision of the signing Officer with a view to determining whether the Issuers have kept, observed, performed and fulfilled their obligations under this Indenture, and further stating, as to each such Officer signing such certificate, that to the best of his or her knowledge the Issuers have kept, observed, performed and fulfilled each and every covenant contained in this Indenture and are not in default in the performance or observance of any of the terms, provisions and conditions of this Indenture (or, if a Default or Event of Default has occurred, describing all such Defaults or Events of Default of which he or she may have knowledge and what action the Issuers are taking or propose to take with respect thereto).

Appears in 1 contract

Samples: Indenture (Par Pacific Holdings, Inc.)

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Compliance Certificate; Notice of Default or Event of Default. (a) The Issuers shall deliver to the Trustee, within 90 days after the end of each fiscal year, beginning with the fiscal year ending December 31, 20202018, an Officer’s Certificate stating that a review of the activities of the Company and its Subsidiaries during the preceding fiscal year has been made under the supervision of the signing Officer with a view to determining whether the Issuers have kept, observed, performed and fulfilled their obligations under this Indenture, and further stating, as to each such Officer signing such certificate, that to the best of his or her knowledge the Issuers have kept, observed, performed and fulfilled each and every covenant contained in this Indenture and are not in default in the performance or observance of any of the terms, provisions and conditions of this Indenture (or, if a Default or Event of Default has occurred, describing all such Defaults or Events of Default of which he or she may have knowledge and what action the Issuers are taking or propose to take with respect thereto).

Appears in 1 contract

Samples: Indenture (Par Pacific Holdings, Inc.)

Compliance Certificate; Notice of Default or Event of Default. (a) The Issuers Borrower Representative shall deliver to the TrusteeAdministrative Agent, within 90 days after the end of each fiscal year, beginning with the fiscal year ending December 31, 20202019, an Officer’s Officers’ Certificate stating that a review of the activities of the Company Par Borrower and its Subsidiaries during the preceding fiscal year has been made under the supervision of the signing Officer Authorized Officers with a view to determining whether the Issuers Borrowers have kept, observed, performed and fulfilled their obligations under this IndentureAgreement, and further stating, as to each such Officer signing such certificate, that to the best of his or her knowledge the Issuers Borrowers have kept, observed, performed and fulfilled each and every covenant contained in this Indenture Agreement and are not in default in the performance or observance of any of the terms, provisions and conditions of this Indenture Agreement (or, if a Default or Event of Default has occurred, describing all such Defaults or Events of Default of which he or she may have knowledge and what action the Issuers Borrowers are taking or propose to take with respect thereto).

Appears in 1 contract

Samples: Term Loan and Guaranty Agreement (Par Pacific Holdings, Inc.)

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Compliance Certificate; Notice of Default or Event of Default. (a) The Issuers Company shall deliver to the Trustee, within 90 days after the end of each fiscal year, beginning with an Officers' Certificate (which shall be signed by Officers satisfying the fiscal year ending December 31, 2020, an Officer’s Certificate requirements of Section 314 of the Trust Indenture Act) stating that a review of the activities of the Company and its the Subsidiaries during the preceding fiscal year has been made under the supervision of the signing Officer Officers with a view to determining whether the Issuers have Company has kept, observed, performed and fulfilled their its obligations under this Indenture, and further stating, as to each such Officer signing such certificate, that to the best of his or her knowledge the Issuers have Company has kept, observed, performed and fulfilled each and every covenant contained in this Indenture and are is not in default in the performance or observance of any of the terms, provisions and conditions of this Indenture (or, if a Default or Event of Default has shall have occurred, describing all such Defaults or Events of Default of which he or she may have knowledge and what action the Issuers are taking or propose to take with respect thereto).action

Appears in 1 contract

Samples: Indenture (R&b Falcon Corp)

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