Common use of Financial testing Clause in Contracts

Financial testing. The financial covenants set out in clause 20.2 (Financial condition) shall be calculated in accordance with GAAP on a consolidated basis and tested by reference to each of the Financial Statements of the Group delivered pursuant to, and defined as such in, clause 19.1 (Financial statements) and/or each Compliance Certificate delivered pursuant to clause 19.2 (Provision and contents of Compliance Certificate and valuations).

Financial testing. The financial covenants set out in clause 20.2 (Financial conditioncovenants) shall be calculated in accordance with GAAP on a consolidated basis in force as at the date of this Agreement and tested as of 30 June and 31 December of each financial year of the Guarantor and by reference to each of the Financial Statements financial statements delivered in respect of the Group delivered Guarantor pursuant to, and defined as such in, to clause 19.1 18.1 (Financial statements) and/or each Compliance Certificate delivered pursuant to clause 19.2 18.2 (Provision and contents of Compliance Certificate and valuationsCertificate).

Financial testing. The financial covenants set out in clause 20.2 Clause 19.2 (Financial condition) shall be calculated in accordance with GAAP and tested on a consolidated quarterly basis and tested by reference to each of the Financial Statements of the Group delivered pursuant to, and defined as such in, clause 19.1 (Financial statements) and/or for each Compliance Certificate delivered pursuant to clause 19.2 Clause 18.2 (Provision and contents of Compliance Certificate and valuationsCertificate). The Facility Guarantor undertakes to promptly provide such information as the Administrative Agent may require pursuant to this Clause 19.

Financial testing. The financial covenants set out in clause 20.2 Clause 21.2 (Financial conditionCondition) shall be calculated in accordance with GAAP on a consolidated basis and tested by reference to each of the Financial Statements financial statements of the Group Guarantor delivered pursuant to, to paragraphs 19.1.1 and defined as such in, clause 19.1.2 of Clause 19.1 (Financial statements) and/or each Compliance Certificate delivered pursuant to clause Clause 19.2 (Provision and contents of Compliance Certificate and valuationsCertificate).

Financial testing. The financial covenants set out in clause 20.2 (Financial condition) shall be calculated in accordance with GAAP on a consolidated basis (or if the Annual Financial Statements are prepared in accordance with IFRS, IFRS) and tested by reference to each of the Financial Statements of the Group delivered pursuant to, and defined as such in, clause 19.1 (Financial statements) financial statements and/or each Compliance Certificate delivered pursuant to clause 19.2 (Provision and contents of Compliance Certificate and valuationsCertificate).

Financial testing. The financial covenants set out in clause 20.2 (Financial condition) this Clause 19 shall be calculated in accordance with GAAP on a consolidated basis and tested on an annual basis by reference to each the audited consolidated financial statement of the Financial Statements of Borrower for the Group financial year end applicable to the Company and accompanied by a compliance certificate, delivered pursuant to, and defined as such in, clause 19.1 to Clause 18.1 (Financial statements) and/or each Compliance Certificate delivered pursuant to clause 19.2 (Provision and contents beginning with the financial statements for the period ending on the end of Compliance Certificate and valuations)fiscal year of 2013.