Financial Covenant Certificate Sample Clauses

Financial Covenant Certificate. As soon as available, and in any event within 30 days following the end of any period for which a financial covenant is being measured, the Borrowers shall deliver to Bank a certificate in form and substance satisfactory to Bank, certified to Bank by each Borrower's President or chief financial officer and showing a computation of all financial covenants for the period then ended. 5.22
Sample 1
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Financial Covenant Certificate. The Joint Lead Arrangers shall have received a certificate signed by the Chief Financial Officer of the Borrower, the statements in which shall be true, certifying that, after giving effect to the outstandings under the Revolving Credit Facility (as of the Increase Effective Date), the Borrower is in compliance with the covenants set forth in Section 5.04 of the Credit Agreement.
Sample 1
Financial Covenant Certificate. Commencing with May 7, 2010 and every Friday thereafter, the Borrower shall deliver to the Administrative Agent an officer’s certificate certifying compliance with the covenants set forth in Section 6.8 for the immediately preceding week, and setting forth in reasonable detail calculations demonstrating such compliance.
Sample 1
Financial Covenant Certificate. (i) together with each delivery of Financial Statements pursuant to Section 7.1(a)(1) and (2) above, a certificate executed by the chief financial officer of the Company demonstrating in reasonable detail the Company’s calculations of each financial covenant set forth in Sections 9.1, 9.6 and 9.7 for the applicable time period set forth in Article IX and (ii) within three Business Days of each Test Date, a certificate executed by the chief financial officer of the Company demonstrating in reasonable detail the Company’s calculations of the financial covenant set forth in Article IX tested on such Test Date;
Sample 1
Financial Covenant Certificate. Commencing with the calendar quarter ending on December 31, 2015, within sixty (60) days after the end of each calendar quarter, Borrower shall deliver to Administrative Agent a certificate certified by an officer, managing member or another authorized representative of the Borrower, in the form attached hereto as Exhibit H, setting forth Borrower’s calculation of the Debt Service Coverage Ratio as of the end of such calendar quarter.
Sample 1
Financial Covenant Certificate. A certificate signed by a Responsible Officer of the Company, dated as of the Closing Date confirming that after giving effect to the Kaiser- Texas Acquisition, on a pro forma basis:
Sample 1
Financial Covenant Certificate. The Noteholders waive the default by the Company for delivering a Financial Covenant Certificate that was executed by an officer of the Company other than the chief financial officer as required by Section 7.1(c) of the NPA.
Sample 1
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Related to Financial Covenant Certificate

  • Financial Covenant Calculations The parties hereto acknowledge and agree that, for purposes of all calculations made in determining compliance for any applicable period with the financial covenants set forth in Section 6.7 and for purposes of determining the Applicable Margin, (i) after consummation of any Permitted Acquisition, (A) income statement items and other balance sheet items (whether positive or negative) attributable to the target acquired in such transaction shall be included in such calculations to the extent relating to such applicable period (including by adding any cost saving synergies associated with such Permitted Acquisition in a manner reasonably satisfactory to the Agent), subject to adjustments mutually acceptable to Borrowers and the Agent and (B) Indebtedness of a target which is retired in connection with a Permitted Acquisition shall be excluded from such calculations and deemed to have been retired as of the first day of such applicable period and (ii) after any Disposition permitted by Section 6.8), (A) income statement items, cash flow statement items and balance sheet items (whether positive or negative) attributable to the property or assets disposed of shall be excluded in such calculations to the extent relating to such applicable period, subject to adjustments mutually acceptable to Borrowers and the Agent and (B) Indebtedness that is repaid with the proceeds of such Disposition shall be excluded from such calculations and deemed to have been repaid as of the first day of such applicable period.

  • Financial Covenant So long as any Loan shall remain unpaid, any Letter of Credit shall remain outstanding or any Lender shall have any Commitment hereunder, the Borrower will maintain a ratio of Consolidated Debt to Consolidated Capital of not greater than 0.65 to 1.00 as of the last day of each fiscal quarter.

  • Financial Covenants So long as any Advance or any other Obligation of any Loan Party under any Loan Document shall remain unpaid, any Letter of Credit shall be outstanding or any Lender Party shall have any Commitment hereunder, the Borrower will:

  • Covenant Compliance Certificate The Borrower shall, contemporaneously with the furnishing of the financial statements pursuant to Section 8.8, deliver to the Bank a duly completed compliance certificate, dated the date of such financial statements and certified as true and correct by an appropriate officer of the Borrower, containing a computation of each of the financial covenants set forth in Section 10 and stating that the Borrower has not become aware of any Event of Default or Unmatured Event of Default that has occurred and is continuing or, if there is any such Event of Default or Unmatured Event of Default describing it and the steps, if any, being taken to cure it.

  • Specific Financial Covenants During the term of this Agreement, and thereafter for so long as there are any Obligations to Lender, Borrower covenants that, unless otherwise consented to by Lender in writing, it shall:

  • Special Covenants If any Company shall fail or omit to perform and observe Section 5.7, 5.8, 5.9, 5.11, 5.12, 5.13 or 5.15 hereof.

  • to Compliance Certificate Financial Covenants of Borrower In the event of a conflict between this Schedule and the Loan Agreement, the terms of the Loan Agreement shall govern. Dated:

  • Certain Financial Covenants The Borrower will not:

  • Additional Covenant In Section 4 add a new paragraph as follows:

  • Additional Financial Covenants If the Company shall at any time enter into one or more agreements (including any amendment of an existing agreement) pursuant to which Senior Funded Debt in an aggregate principal amount greater than $30,000,000 shall be outstanding and such agreement contains one or more financial covenants which are more restrictive on the Company and its Subsidiaries than the financial covenants contained in this Agreement, then such more restrictive financial covenants and any related definitions (the “Additional Financial Covenants”) shall automatically be deemed to be incorporated into § 5 of this Agreement (including § 5.15(f) and (g)) by reference and § 6.1(e) shall be deemed to be amended to include such Additional Financial Covenants from the time such other agreement becomes binding upon the Company until such time as such other Senior Funded Debt is repaid in full and all commitments related thereto are terminated; provided, that if at the time of any such repayment or the termination of any such commitment a Default or Event of Default shall exist under this Agreement, then such covenants shall continue in full force and effect so long as such Default or Event of Default continues to exist. So long as such Additional Financial Covenants shall be in effect, no modification or waiver of such Additional Financial Covenants shall be effective unless the Holders of at least 51% in aggregate principal amount of the Notes shall have consented thereto pursuant to § 7.1 hereof. Promptly but in no event more than 10 Business Days following the execution of any agreement providing for Additional Financial Covenants, the Company shall furnish each holder of the Notes with a copy of such agreement. Upon written request of the Holders of at least 51% in aggregate principal amount of the Notes, the Company will enter into an amendment to this Agreement pursuant to which this Agreement will be formally amended to incorporate the Additional Financial Covenants on the terms set forth herein.

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