Common use of Monthly Compliance Certificate Clause in Contracts

Monthly Compliance Certificate. On the last business day of each calendar month, the Company shall deliver to the Collateral Agent a certificate executed by the Chief Financial Officer of the Company stating that each of the representations made by the Debtors in this Security Agreement are true as of the date of such certificate and no default or Event of Default has occurred under this Security Agreement.

Appears in 6 contracts

Samples: Security Agreement (Illinois Superconductor Corporation), Security Agreement (Isco International Inc), Security Agreement (Illinois Superconductor Corporation)

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Monthly Compliance Certificate. On the last business day of each calendar month, the Company shall deliver to the Collateral Agent a certificate executed by the Chief Financial Officer of the Company stating that each of the representations made by the Debtors in this Security Agreement are true as of the date of such certificate and no default or Event of Default has occurred under this Security Agreement.

Appears in 1 contract

Samples: Security Agreement (Constellation 3d Inc)

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