Pricing Ratio Certificate Sample Clauses

Pricing Ratio Certificate. Within 15 Business Days after the end of each Fiscal Quarter, Lessees shall deliver or cause to be delivered to the Administrative Agent and Trustee a Pricing Ratio Certificate of Parent signed by a Responsible Officer of Parent (in reasonable detail and with appropriate calculations and computations in all respects satisfactory to the Agents). Except as otherwise set forth below, the Applicable Commitment Fee Rate for any Fiscal Quarter and Applicable Margin for any Interest Period commencing in any Fiscal Quarter shall be based on the Pricing Ratio determined as of the end of the immediately preceding Fiscal Quarter. If Lessees fail to deliver or cause to be delivered such Pricing Ratio Certificate on or before the date such information is required to be delivered, then (i) for the purposes of Section 2.6 of the Loan Agreement and Section 2.11, the Applicable Commitment Fee Rate shall be .500% for the period commencing on the first date of the Fiscal Quarter in which such Pricing Ratio Certificate was supposed to be delivered and ending on the date of delivery of the Pricing Ratio Certificate (at which time the Applicable Commitment Fee Rate shall be calculated based on the Pricing Ratio Certificate), and (ii) the Applicable Margin shall be 2.50% for each Interest Period occurring during each month of the Fiscal Quarter in which the Pricing Ratio Certificate was supposed to be delivered (and upon delivery of the Pricing Ratio Certificate, the next commencing Interest Period shall be based upon such Pricing Ratio Certificate unless a more current Pricing Ratio Certificate has been delivered in respect of a new Fiscal Quarter).
Sample 1
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Related to Pricing Ratio Certificate

  • CFO Certificate On the Closing Date and/or the Option Closing Date, the Representative shall have received a written certificate executed by the Chief Financial Officer of the Company, dated as of such date, on behalf of the Company, with respect to certain financial data contained in the Registration Statement, Disclosure Package and the Prospectus, providing “management comfort” with respect to such information, in form and substance reasonably satisfactory to the Underwriters.

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  • Designation of Certificates; Designation of Startup Day and Latest Possible Maturity Date The Seller hereby designates the Classes of Class A Certificates (other than the Class II-A-R and Class II-A-LR Certificates) and the Classes of Class B Certificates as classes of "regular interests" and the Class II-A-R Certificate as the single class of "residual interest" in the Upper-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Seller hereby further designates the Class I-L Interest, Class I-LS Interest, Class II-L Interest, and Class II-LS Interest as classes of "regular interests" and the Class II-A-LR Interest as the single class of "residual interest" in the Lower-Tier REMIC for the purposes of Code Sections 860G(a)(1) and 860G(a)(2), respectively. The Closing Date is hereby designated as the "Startup Day" of each of the Upper-Tier REMIC and the Lower-Tier REMIC within the meaning of Code Section 860G(a)(9). The "latest possible maturity date" of the regular interests in the Upper-Tier REMIC and the Lower-Tier REMIC is September 25, 2034 for purposes of Code Section 860G(a)(1).

  • ORIGINAL CLASS A NON-PO PRINCIPAL BALANCE The Original Class A Non-PO Principal Balance is $170,009,500.00.

  • Class A Certificate 7 Class A Principal Distribution Amount..........................................................7

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  • Business Day Certificate On the Closing Date (with respect to the calendar year 2002) and thereafter, within 15 days prior to the end of each calendar year while this Agreement remains in effect (with respect to the succeeding calendar years), the Servicer shall provide to the Trustee and the Depositor a certificate of a Servicing Officer specifying the days on which banking institutions in the State of Pennsylvania are authorized or obligated by law, executive order or governmental decree to be closed.

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  • Distributions in Respect of Certificates Payments to Certificateholders Statements and Reports Section 4.01. Distributions Section 4.02. Allocation of Realized Losses Section 4.03. Paying Agent Section 4.04.

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