Common use of Financial Condition Certificate Clause in Contracts

Financial Condition Certificate. The Borrower shall have delivered to the Administrative Agent a certificate, signed by a Responsible Officer, certifying that (A) the Borrower and its Subsidiaries taken as a whole are Solvent, (B) the Borrower’s payables are current and not past due as determined in accordance with the Borrower’s past practices, (C) attached thereto are calculations evidencing compliance on a pro forma basis with the covenants contained in Section 7.14, and (D) the financial projections previously delivered to the Administrative Agent represent the good faith estimates (utilizing reasonable assumptions) of the financial condition and operations of the Borrower and its Subsidiaries.

Appears in 3 contracts

Samples: Credit Agreement (Texas Roadhouse, Inc.), Credit Agreement (Texas Roadhouse, Inc.), Credit Agreement (Texas Roadhouse, Inc.)

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Financial Condition Certificate. The Borrower shall have delivered to the Administrative Agent Agents a certificate, signed in form and substance satisfactory to the Agents, and certified as accurate by a Responsible Officer, certifying that (A) after giving effect to the Transactions, the Borrower and its Restricted Subsidiaries taken as a whole are Solvent, (B) the Borrower’s payables are current and not past due as determined in accordance with the Borrower’s past practices, (C) attached thereto are calculations evidencing compliance on a pro forma basis after giving effect to the Transactions with the covenants contained in Section 7.14Article IX hereof, and (DC) the financial projections previously delivered to the Administrative Agent Agents represent the good faith estimates (utilizing reasonable assumptionsassumptions believed by management of the Borrower to be reasonable) of the financial condition and operations of the Borrower and its Restricted Subsidiaries.

Appears in 3 contracts

Samples: Credit Agreement (Corrections Corp of America), Credit Agreement (Corrections Corp of America), Credit Agreement (Corrections Corp of America)

Financial Condition Certificate. (A) The Borrower shall have delivered to the Administrative Agent a certificate, signed in form and substance reasonably satisfactory to the Administrative Agent, and certified as accurate by a Responsible OfficerOfficer of the Borrower, certifying that (A1) the Borrower and its Subsidiaries taken as a whole are is Solvent, (B2) the Borrower’s 's payables are current and not past due as determined except those contested in accordance with the Borrower’s past practicesgood faith, (C3) attached thereto are calculations evidencing compliance on a pro forma basis with the covenants contained in Section 7.14Article VIII hereof, and (D4) the financial projections previously delivered to the Administrative Agent represent the good faith estimates (utilizing reasonable assumptions) of the financial condition and operations of the Borrower and its Subsidiaries(5) attached thereto is a calculation of the Applicable Margin pursuant to Section 3.1(c).

Appears in 3 contracts

Samples: Loan Agreement (Medcath Corp), Loan Agreement (Medcath Corp), Loan Agreement (Medcath Corp)

Financial Condition Certificate. The Borrower shall have delivered to the Administrative Agent a certificate, signed in form and substance satisfactory to the Administrative Agent, and certified as accurate by a Responsible Officer, certifying that (A) the Borrower and each of its Subsidiaries taken are each Solvent as a whole are Solventof the Closing Date, (B) the Borrower’s payables are current and not past due as determined in accordance with the Borrower’s past practices, (C) attached thereto are calculations evidencing compliance on a pro forma basis with the covenants contained in Section 7.14Article IX hereof as of the most recent quarterly financial statements of the Borrower and its Subsidiaries, and (DC) the financial projections previously delivered to the Administrative Agent represent the good faith estimates (utilizing reasonable assumptions) of the financial condition and operations of the Borrower and its SubsidiariesSubsidiaries as of the date thereof.

Appears in 2 contracts

Samples: Credit Agreement (Compx International Inc), Credit Agreement (Compx International Inc)

Financial Condition Certificate. The Borrower shall have delivered to the Administrative Agent a certificate, signed in form and substance satisfactory to the Administrative Agent, and certified as accurate by a Responsible Officer, certifying that (A) the Borrower and each of its Subsidiaries taken as a whole are each Solvent, (B) the Borrower’s 's payables are current and not past due as determined in accordance with the Borrower’s past practicesdue, (C) attached thereto are calculations evidencing compliance on a pro forma basis with the covenants contained in Section 7.14Article X hereof, and (D) the financial projections previously delivered to the Administrative Agent represent the good faith estimates (utilizing reasonable assumptions) of the financial condition and operations of the Borrower and its SubsidiariesSubsidiaries and (E) attached thereto is a calculation of the Applicable Margin pursuant to Section 5.1(c).

Appears in 2 contracts

Samples: Credit Agreement (Wackenhut Corrections Corp), Credit Agreement (Wackenhut Corrections Corp)

Financial Condition Certificate. The Borrower shall have delivered to the Administrative Agent a certificate, signed in form and substance satisfactory to the Administrative Agent, and certified as accurate by a Responsible Officer, certifying that (A) the Borrower and each of its Subsidiaries taken as a whole are each Solvent, (B) the Borrower’s payables are current and not past due as determined in accordance with the Borrower’s past practicesdue, (C) attached thereto are calculations evidencing compliance on a pro forma basis with the covenants contained in Section 7.14Article X hereof, and (D) the financial projections previously delivered to the Administrative Agent represent the good faith estimates (utilizing reasonable assumptions) of the financial condition and operations of the Borrower and its SubsidiariesSubsidiaries and (E) attached thereto is a calculation of the Applicable Margin pursuant to Section 5.1(c).

Appears in 2 contracts

Samples: Credit Agreement (Geo Group Inc), Credit Agreement (Geo Group Inc)

Financial Condition Certificate. The Borrower shall have delivered to the Administrative Agent Agents a certificate, signed in form and substance satisfactory to the Agents, and certified as accurate by a Responsible Officer, certifying that (A) after giving effect to the Transactions, the Borrower and its Restricted Subsidiaries taken as a whole are Solvent, (B) the Borrower’s payables are current and not past due as determined in accordance with the Borrower’s past practices, (C) attached thereto are calculations evidencing compliance on a pro forma basis after giving effect to the Transactions with the covenants contained in Section 7.14Article IX, and (DC) the financial projections previously delivered to the Administrative Agent Agents represent the good faith estimates (utilizing reasonable assumptionsassumptions believed by management of the Borrower to be reasonable) of the financial condition and operations of the Borrower and its Restricted Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (CoreCivic, Inc.)

Financial Condition Certificate. The Borrower shall have delivered to the Administrative Agent a certificate, signed in form and substance satisfactory to the Administrative Agent, and certified as accurate by a Responsible Officer, certifying that (A) the Borrower and each of its Restricted Subsidiaries taken as a whole are Solvent, (B) the Borrower’s 's payables are current and not no material part thereof is past due as determined in accordance with the Borrower’s past practicesdue, (C) attached thereto are calculations evidencing compliance on a pro forma basis with the covenants contained in Section 7.14Article IX hereof, and (D) the financial projections previously delivered to the Administrative Agent represent the good faith estimates (utilizing reasonable assumptions) of the financial condition and operations of the Borrower and its Restricted Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Corrections Corp of America)

Financial Condition Certificate. The Borrower shall have delivered to the Administrative Agent a certificate, signed in form and substance satisfactory to the Administrative Agent, and certified as accurate by a Responsible Officer, certifying that (A) the Borrower and each of its Subsidiaries taken as a whole are each Solvent, (B) the Borrower’s 's and its Subsidiaries' payables are current and not past due as determined in accordance with the Borrower’s past practicesdue, (C) attached thereto are calculations evidencing compliance on a pro forma basis with the covenants contained in Section 7.14Article X hereof, and (D) the financial projections previously delivered to the Administrative Agent represent the good faith estimates (utilizing reasonable assumptions) of the financial condition and operations of the Borrower and its SubsidiariesSubsidiaries and (E) attached thereto is a calculation of the Applicable Margin pursuant to Section 5.1(c).

Appears in 1 contract

Samples: Credit Agreement (O Charleys Inc)

Financial Condition Certificate. The Borrower shall have delivered to the Administrative Agent a certificate, signed in form and substance satisfactory to the Administrative Agent, and certified as accurate by a Responsible Officer, certifying that (A) after giving effect to the Transactions, the 49 Borrower and its Restricted Subsidiaries taken as a whole are Solvent, (B) the Borrower’s payables are current and not past due as determined in accordance with the Borrower’s past practices, (C) attached thereto are calculations evidencing compliance on a pro forma basis after giving effect to the Transactions with the covenants contained in Section 7.14Article IX, and (DC) the financial projections previously delivered to the Administrative Agent represent the good faith estimates (utilizing reasonable assumptionsassumptions believed by management of the Borrower to be reasonable) of the financial condition and operations of the Borrower and its Restricted Subsidiaries.

Appears in 1 contract

Samples: Loan Credit Agreement (CoreCivic, Inc.)

Financial Condition Certificate. The Borrower shall have delivered to the Administrative Agent a certificate, signed by a Responsible Officer, certifying that (A) the Borrower and its Subsidiaries taken as a whole are Solvent, (B) the Borrower’s payables are current and not past due as determined in accordance with the Borrower’s past practices, (C) attached thereto are calculations evidencing compliance on a pro forma basis with the covenants contained in Section 7.14, and (D) the financial projections previously delivered to the Administrative Agent represent the good faith estimates (utilizing reasonable assumptions) of the financial condition and operations of the Borrower and its Subsidiaries.. 77

Appears in 1 contract

Samples: Credit Agreement (Texas Roadhouse, Inc.)

Financial Condition Certificate. The Borrower shall have delivered to the Administrative Agent a certificate, signed in form and substance reasonably satisfactory to the Administrative Agent, and certified as accurate by a Responsible Officer, certifying that (A) the Borrower and each of its Subsidiaries taken as a whole are each Solvent, (B) the Borrower’s 's payables are current and not past due as determined in accordance with the Borrower’s past practicesdue, (C) attached thereto are calculations evidencing compliance on a pro forma basis with the covenants contained in Section 7.14Article IX hereof, and (D) the financial projections previously delivered to the Administrative Agent represent the good faith estimates (utilizing reasonable assumptions) of the financial condition and operations of the Borrower and its SubsidiariesSubsidiaries and (E) attached thereto is a calculation of the Applicable Margin.

Appears in 1 contract

Samples: Credit Agreement (Blackbaud Inc)

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Financial Condition Certificate. The Borrower shall have delivered to the Administrative Agent a certificate, signed in form and substance satisfactory to the Administrative Agent, and certified as accurate by a Responsible Officer, certifying that (A) the Borrower and each of its Subsidiaries taken as a whole are each Solvent, (B) the Borrower’s payables are current and not past due as determined in accordance with the Borrower’s past practicesdue, (C) attached thereto are calculations evidencing compliance on a pro forma basis with the covenants contained in Section 7.147.15, and (D) the financial projections previously delivered to the Administrative Agent represent the good faith estimates (utilizing reasonable assumptions) of the financial condition and operations of the Borrower and its Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Texas Roadhouse, Inc.)

Financial Condition Certificate. The Borrower shall have delivered to the Administrative Agent a certificate, signed in form and substance satisfactory to the Administrative Agent, and certified as accurate by a Responsible Officer, certifying that (A) the Borrower and each of its Subsidiaries taken as a whole are each Solvent, (B) the Borrower’s 's and its Subsidiaries' payables are current and not past due as determined in accordance with the Borrower’s past practicesdue, (C) attached thereto are calculations evidencing compliance on a pro forma basis with the covenants contained in Section 7.14Article X hereof, and (D) the D)the financial projections previously delivered to the Administrative Agent represent the good faith estimates (utilizing reasonable assumptions) of the financial condition and operations of the Borrower and its SubsidiariesSubsidiaries and (E) attached thereto is a calculation of the Applicable Margin pursuant to Section 5.1(c).

Appears in 1 contract

Samples: Credit Agreement (O Charleys Inc)

Financial Condition Certificate. The Borrower shall have delivered to the Administrative Agent a certificate, signed in form and substance satisfactory to the Administrative Agent, and certified as accurate by a Responsible Officer, certifying that (A) the Borrower and each of its Subsidiaries taken as a whole are each Solvent, (B) the Borrower’s and its Subsidiaries’ payables are current and not past due as determined in accordance with the Borrower’s past practicesdue, (C) attached thereto are calculations evidencing compliance on a pro forma basis with the covenants contained in Section 7.14Article X hereof, and (D) the financial projections previously delivered to the Administrative Agent represent the good faith estimates (utilizing reasonable assumptions) of the financial condition and operations of the Borrower and its SubsidiariesSubsidiaries and (E) attached thereto is a calculation of the Applicable Margin pursuant to Section 5.1(c).

Appears in 1 contract

Samples: Credit Agreement (O Charleys Inc)

Financial Condition Certificate. The Borrower shall have delivered to the Administrative Agent a certificate, signed in form and substance satisfactory to the Administrative Agent, and certified as accurate by a Responsible Officer, certifying that (A) the Borrower and each of its Subsidiaries taken as a whole are each Solvent, (B) the Borrower’s payables are current and not past due as determined in accordance with the Borrower’s past practicesdue, (C) attached thereto are calculations evidencing compliance on a pro forma basis with the covenants contained in Section 7.14, and (D) the financial projections previously delivered to the Administrative Agent represent the good faith estimates (utilizing reasonable assumptions) of the financial condition and operations of the Borrower and its Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Texas Roadhouse, Inc.)

Financial Condition Certificate. The Borrower shall have delivered to the Administrative Agent a certificate, signed in form and substance reasonably satisfactory to the Administrative Agent, and certified as accurate by a Responsible Officerthe chief financial officer of the Borrower, certifying that (A) after giving effect to the transactions contemplated by this Agreement, the Borrower and each of its Subsidiaries taken as a whole are each Solvent, (B) the Borrower’s payables are current and not past due as determined in accordance with the Borrower’s past practices, (C) attached thereto are calculations evidencing compliance on a pro forma basis with the covenants contained in Section 7.14Article IX hereof, and (DC) the financial projections previously delivered to the Administrative Agent represent the good faith estimates (utilizing reasonable assumptions) of the financial condition and operations of the Borrower and its SubsidiariesSubsidiaries and (D) attached thereto is a calculation of the Applicable Margin.

Appears in 1 contract

Samples: Credit Agreement (Lmi Aerospace Inc)

Financial Condition Certificate. The Borrower shall have delivered to the Administrative Agent a certificate, signed in form and substance reasonably satisfactory to the Administrative Agent, and certified as accurate by a Responsible Officer, certifying that (A) the Borrower and each of its Subsidiaries taken as a whole are each Solvent, (B) the Borrower’s 's payables are current and not past due as determined in accordance with the Borrower’s past practicesdue, (C) attached thereto are calculations evidencing compliance on a pro forma basis with the covenants contained in Section 7.14Article X hereof, and (D) the financial projections previously delivered to the Administrative Agent represent the good faith estimates (utilizing reasonable assumptions) of the financial condition and operations of the Borrower and its SubsidiariesSubsidiaries and (E) attached thereto is a calculation of the Applicable Margin.

Appears in 1 contract

Samples: Credit Agreement (Cross Country Healthcare Inc)

Financial Condition Certificate. The Borrower shall have delivered to the Administrative Agent a certificate, signed in form and substance satisfactory to the Administrative Agent, and certified as accurate by a Responsible Officer, certifying that (A) the Borrower and each of its Subsidiaries taken as a whole are each Solvent, (B) the Borrower’s 's payables are current and not past due as determined in accordance with the Borrower’s past practicesdue, (C) attached thereto are calculations evidencing compliance on a pro forma PRO FORMA basis with the covenants contained in Section 7.14SECTION 8.15, and (D) the financial projections previously delivered to the Administrative Agent represent the good faith estimates (utilizing reasonable assumptions) of the financial condition and operations of the Borrower and its Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Texas Roadhouse, Inc.)

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