Common use of Opening Compliance Certificate Clause in Contracts

Opening Compliance Certificate. Receipt by the Administrative Agent of a Compliance Certificate as of the Closing Date signed by a Responsible Officer of the Parent Borrower or the REIT Guarantor and including pro forma calculations of all financial covenants contained herein for the fiscal quarter ending December 31, 2012 based on the amounts set forth in the most recent financial statements delivered to the Administrative Agent pursuant to this Agreement and taking into account the initial public offering of the REIT Guarantor common stock and any Extension of Credit made or requested hereunder as of such date.

Appears in 2 contracts

Samples: Credit Agreement (Aviv Reit, Inc.), Credit Agreement (Aviv Reit, Inc.)

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Opening Compliance Certificate. Receipt by the Administrative Agent of a Compliance Certificate as of the Closing Date signed by a Responsible Officer of the Parent Borrower or the REIT Guarantor and including pro forma calculations of all financial covenants contained herein for the fiscal quarter ending December March 31, 2012 2014 based on the amounts set forth in the most recent financial statements delivered to the Administrative Agent pursuant to this Agreement and taking into account the initial public offering of the REIT Guarantor common stock and any Extension of Credit made or requested hereunder as of such date.

Appears in 1 contract

Samples: Credit Agreement (Aviv Healthcare Properties L.P.)

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Opening Compliance Certificate. Receipt by the Administrative Agent of a Compliance Certificate as of the Closing Date signed by a Responsible Officer of the Parent Borrower or the REIT Guarantor and including (i) pro forma calculations for the latest fiscal quarter based on the amounts set forth in the unaudited financial statements and taking into account any Advances made or requested hereunder as of such date and (ii) pro forma calculations of all financial covenants contained herein for the fiscal quarter ending December 31, 2012 based on the amounts set forth in the most recent financial statements delivered to the Administrative Agent pursuant to this Agreement and taking into account the initial public offering of the REIT Guarantor common stock and any Extension of Credit made or requested hereunder as of such dateherein.

Appears in 1 contract

Samples: Credit Agreement (Bellingham II Associates, L.L.C.)

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