Common use of Officer’s Compliance Certificate Clause in Contracts

Officer’s Compliance Certificate. Simultaneously with the financial statements referred to in Sections 9(a)(i) and (ii), a certificate of an authorized officer of the Lessee stating that such officer has reviewed the relevant terms and conditions of the Fuel Lease and other Basic Documents to which the Lessee is a party, and has made, or caused to be made, under such officer's supervision, a review of the transactions and financial condition of the Lessee from the beginning of the accounting period covered by the income statements being delivered therewith to the date of the certificate, and that the Lessee has observed or performed all of its covenants and other agreements, and satisfied every condition, contained in this Letter Agreement, the Fuel Lease and any other Basic Document to which the Lessee is a party, and no Terminating Event, Lessee Default, Lessee Event of Default, Lease Event of Default or default or event of default under any such Basic Document has occurred and is continuing and no event has occurred and is continuing which, with the lapse of time or the giving of notice, or both, would constitute a Terminating Event, Lessee Default, Lessee Event of Default, Lease Event of Default or a default or event of default under any such Basic Document or, if such condition or event has occurred and is continuing, a statement as to the nature thereof and the action which is proposed to be taken with respect thereto;

Appears in 10 contracts

Samples: Letter Agreement (General Public Utilities Corp /Pa/), Lessee's Letter Agreement (General Public Utilities Corp /Pa/), Letter Agreement (Gpu Inc /Pa/)

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Officer’s Compliance Certificate. Simultaneously with the financial statements referred to in Sections 9(a)(i) and (ii), a certificate of an authorized officer of the Lessee stating that such officer has reviewed the relevant terms and conditions of the Fuel Lease and other Basic Documents to which the Lessee is a party, and has made, or caused to be made, under such officer's supervision, a review of the transactions and financial condition of the Lessee from the beginning of the accounting period covered by the income statements being delivered therewith to the date of the certificate, and that the Lessee has observed or performed all of its covenants and other agreements, and satisfied every condition, contained in this Letter Agreement, the Fuel Lease and any other Basic Document to which the Lessee is a party, and no Terminating Event, Lessee Default, Lessee Event of Default, Lease Event of Default or default or event of default under any such Basic Document has occurred and is continuing and no event has occurred and is continuing which, with the lapse of time or the giving of notice, or both, would constitute a Terminating Event, Lessee Default, Lessee Event of Default, Lease Event of Default or a default or event of default under any such Basic Document or, if such condition or event has occurred and is continuing, a statement as to the nature thereof and the action which is proposed to be taken with respect thereto;

Appears in 4 contracts

Samples: Lessee's Letter Agreement (General Public Utilities Corp /Pa/), Jersey Central (Pennsylvania Electric Co), Letter Agreement (Gpu Inc /Pa/)

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