Financial testing. The financial covenants set out in Clause 21.1 (Financial Condition) shall be tested quarterly by reference to the Group’s consolidated annual and quarterly financial statements and the annual and quarterly Compliance Certificates delivered pursuant to Clause 20.2 (Provisions and contents of Compliance Certificate) in respect of such Relevant Period provided that:
Appears in 2 contracts
Samples: Agreement (FreeSeas Inc.), Agreement (FreeSeas Inc.)
Financial testing. The financial covenants set out in Clause 21.1 22.2 (Financial Conditioncondition) shall be tested quarterly semi-annually by reference to the GroupCompany’s consolidated annual and quarterly financial statements and the annual and quarterly Compliance Certificates delivered pursuant to Clause 20.2 21.1 (Provisions and contents of Financial statements) and/or each Compliance Certificate delivered pursuant to Clause 21.2 (Compliance Certificate) in respect of such Relevant Period provided that:).
Appears in 2 contracts
Samples: Facilities Agreement (Cemex Sab De Cv), Facilities Agreement (Cemex Sa De Cv)
Financial testing. The financial covenants set out in Clause 21.1 21.2 (Financial Conditioncondition) shall be tested quarterly semi-annually by reference to each of the GroupBorrower’s consolidated annual and quarterly financial statements and the annual and quarterly Compliance Certificates delivered pursuant to and/or each Compliance Certificate delivered with respect to any such consolidated financial statements pursuant to Clause 20.1 (Financial statements) and Clause 20.2 (Provisions and contents of Compliance Certificate) in respect of such Relevant Period provided that:).
Appears in 1 contract
Financial testing. The financial covenants set out in Clause 21.1 23.2 (Financial Conditioncondition) shall be tested quarterly by reference to each of the Group’s consolidated annual and quarterly financial statements and Combined Financial Statements of the annual and quarterly Group and/or each Compliance Certificates Certificate delivered pursuant to Clause 20.2 22.2 (Provisions and contents of Compliance Certificate) in respect of such Relevant Period provided that:).
Appears in 1 contract
Samples: Multicurrency Term and Revolving Facilities Agreement (Solutia Inc)
Financial testing. The financial covenants set out in Clause 21.1 20.2 (Financial Conditioncondition) shall be tested quarterly by annually, unless otherwise specified, with reference to the Group’s consolidated annual and quarterly audited financial statements and the annual and quarterly as well as Compliance Certificates Certificate delivered pursuant to Clause 20.2 (Provisions and contents of Compliance 19.2(Compliance Certificate) in respect of such Relevant Period provided that:).
Appears in 1 contract
Samples: Million Facility Agreement (Sterlite Industries (India) LTD)
Financial testing. (a) The financial covenants set out in Clause 21.1 (Financial Conditioncondition) shall be tested quarterly by reference to the Group’s consolidated financial statements, annual reports, management accounts and quarterly financial statements and the annual and quarterly Compliance Certificates delivered pursuant to Clause Clauses 20.1 (Financial statements) and 20.2 (Provisions and contents of Compliance Certificate) in respect of such the specified Relevant Period provided that:Period.
Appears in 1 contract
Samples: Facility Agreement (Tongjitang Chinese Medicines Co)
Financial testing. The financial covenants set out in Clause 21.1 23.2 (Financial Conditioncondition) shall be tested quarterly semi-annually by reference to the GroupParent’s consolidated annual and quarterly financial statements and the annual and quarterly Compliance Certificates delivered pursuant to Clause 20.2 22.1 (Provisions and contents of Financial statements) and/or each Compliance Certificate delivered pursuant to Clause 22.2 (Compliance Certificate) in respect of such Relevant Period provided that:).
Appears in 1 contract
Financial testing. The financial covenants set out in Clause 21.1 21.2 (Financial Conditioncondition) shall be tested quarterly semi-annually by reference to the GroupParent’s consolidated annual and quarterly financial statements and the annual and quarterly delivered pursuant to Clause 20.1 (Financial statements) and/or each Compliance Certificates Certificate delivered pursuant to Clause 20.2 (Provisions and contents of Compliance Certificate) in respect of such Relevant Period provided that:).
Appears in 1 contract
Financial testing. The financial covenants set out in Clause 21.1 20.2 (Financial Conditioncondition) shall be tested quarterly by annually, unless otherwise specified, with reference to the Group’s consolidated annual and quarterly audited financial statements and the annual and quarterly as well as Compliance Certificates Certificate delivered pursuant to Clause 20.2 19.2 (Provisions and contents of Compliance Certificate) in respect of such Relevant Period provided that:).
Appears in 1 contract
Samples: Facility Agreement (Sterlite Industries (India) LTD)
Financial testing. The financial covenants set out in Clause 21.1 22.2 (Financial Conditioncondition) shall be tested quarterly semi-annually by reference to the Group’s Company's consolidated annual and quarterly financial statements and the annual and quarterly Compliance Certificates delivered pursuant to Clause 20.2 21.1 (Provisions and contents of Financial statements) and/or each Compliance Certificate delivered pursuant to Clause 21.2 (Compliance Certificate) in respect of such Relevant Period provided that:).
Appears in 1 contract
Financial testing. The financial covenants set out in Clause 21.1 22.2 (Financial Conditioncondition) shall be tested quarterly by reference to each of the Group’s Company's consolidated annual and quarterly financial statements and the annual and quarterly Compliance Certificates delivered pursuant to and/or each Compliance Certificate delivered with respect to any such consolidated financial statements pursuant to Clause 20.2 21.1 (Provisions Financial statements) and contents of Clause 21.2 (Compliance Certificate) in respect of such Relevant Period provided that:).
Appears in 1 contract
Samples: Term and Revolving Facilities Agreement (Cemex Sa De Cv)
Financial testing. The financial covenants set out in Clause 21.1 19.1 (Financial Condition) shall be tested quarterly by reference to the Group’s 's consolidated annual and quarterly financial statements and the annual and quarterly Compliance Certificates delivered pursuant to Clause 20.2 18.2 (Provisions and contents of Compliance Certificate) in respect of such Relevant Period provided that:Accounting Period.
Appears in 1 contract
Samples: Agreement (Freeseas Inc.)
Financial testing. The financial covenants set out in Clause 21.1 21.2 (Financial Conditioncondition) shall be tested quarterly semi-annually by reference to the GroupCompany’s consolidated annual and quarterly financial statements and the annual and quarterly delivered pursuant to Clause 20.1 (Financial statements) and/or each Compliance Certificates Certificate delivered pursuant to Clause 20.2 (Provisions and contents of Compliance Certificate) in respect of such Relevant Period provided that:).
Appears in 1 contract