Common use of Provision and contents of Compliance Certificate Clause in Contracts

Provision and contents of Compliance Certificate. (a) The Company shall supply a Compliance Certificate to the Facility Agent with each set of audited consolidated Annual Financial Statements of the Parent and each set of its consolidated Quarterly Financial Statements of the Parent. (b) The Compliance Certificate shall, amongst other things, set out (in reasonable detail) computations as to compliance with clause 23 (Financial Covenants) and clauses 29.7 and 29.8 (Additional Guarantors). (c) Each Compliance Certificate shall be signed by an authorised signatory and the CFO of the Parent and, when delivered with the consolidated Annual Financial Statements of the Parent, shall be reported on by the Parent's Auditors in the form agreed by the Parent and the Majority Lenders prior to the date of this Agreement.

Appears in 4 contracts

Samples: Amendment and Restatement Agreement (Aegean Marine Petroleum Network Inc.), Loan Agreement (Aegean Marine Petroleum Network Inc.), Amendment and Restatement Agreement (Aegean Marine Petroleum Network Inc.)

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Provision and contents of Compliance Certificate. (a) The Company Parent shall supply a Compliance Certificate to the Facility Agent with each set of its audited consolidated Annual Financial Statements of the Parent and each set of its consolidated Quarterly Financial Statements of the ParentStatements. (b) The Compliance Certificate shall, amongst other things, set out (in reasonable detail) computations as to compliance with clause 23 (Financial Covenants) and clauses 29.7 and 29.8 including confirmation that the Parent is in compliance with clause 23.2(c) (Additional GuarantorsRequisite Rating). (c) Each Compliance Certificate shall be signed by an authorised signatory and the CFO of the Parent two directors and, when if required to be delivered with the consolidated Annual Financial Statements of the Parent, shall be reported on by the Parent's ’s Auditors in the form agreed by the Parent and the Majority Lenders prior to the date of this AgreementLenders.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Enstar Group LTD)

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Provision and contents of Compliance Certificate. (a) 21.3.1 The Company Parent shall supply a Compliance Certificate to the Facility Agent with each set of its audited consolidated Annual Financial Statements of the Parent and each set of its consolidated Quarterly Financial Statements of the ParentStatements. (b) 21.3.2 The Compliance Certificate shall, amongst other things, set out (in reasonable detail) computations as to compliance with clause 23 Clause 22 (Financial Covenants) and clauses 29.7 and 29.8 including confirmation that the Parent is in compliance with Clause 22.2.1(e) (Additional GuarantorsRequisite Rating). (c) 21.3.3 Each Compliance Certificate shall be signed by an authorised signatory and two directors one of whom must be the CFO Chief Financial Officer of the Parent Group and, when if required to be delivered with the consolidated Annual Financial Statements of the Parent, shall be reported on by the Parent's ’s Auditors in the form agreed by the Parent and the Majority Lenders prior to the date of this AgreementLenders.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Enstar Group LTD)

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