Provision and contents of Compliance Certificates. (a) The Borrower shall supply to the Lender, with each set of financial statements delivered pursuant to Clause 19.1 (Financial statements) a Compliance Certificate which shall, amongst other things, set out: (i) (in reasonable detail) computations as to compliance with Clause 20 (Financial covenants); and (ii) where there has been any change in the structure of the Group or Target Group since the provision of the last Group Structure Chart, an updated Group Structure Chart setting out the structure of the Group or Target Group as at the date of the delivery of such Group Structure Chart. (b) Each Compliance Certificate shall be signed by a director of the Borrower.
Appears in 3 contracts
Samples: Facility Agreement (China Security & Surveillance Technology, Inc.), Facility Agreement (Harbin Electric, Inc), Facility Agreement (China Security & Surveillance Technology, Inc.)
Provision and contents of Compliance Certificates. (a) The Borrower shall supply to the Lender, with each set of financial statements delivered pursuant to Clause 19.1 (Financial statements) a Compliance Certificate which shall, amongst other things, set out:
(i) (in reasonable detail) computations as to compliance with Clause 20 (Financial covenants); and
(ii) where there has been any change in the structure of the Group or Target Group since the provision of the last Group Structure Chart, an updated Group Structure Chart setting out the structure of the Group or Target Group as at the date of the delivery of such Group Structure Chart.
(b) Each Compliance Certificate shall be signed by a one (1) director of the Borrower.
Appears in 3 contracts
Samples: Facility Agreement (Zhongpin Inc.), Facility Agreement (Fushi Copperweld, Inc.), Facility Agreement (China TransInfo Technology Corp.)
Provision and contents of Compliance Certificates. (a) The Borrower shall supply to the LenderFacility Agent, with each set of financial statements delivered pursuant to Clause 19.1 20.1 (Financial statements) a Compliance Certificate which shall, amongst other things, set out:
(i) (in reasonable detail) computations as to compliance with Clause 20 21 (Financial covenantsCovenants); and
(ii) where there has been any change in the structure of the Group or the Target Group since the provision of the last Group Structure Chart, an updated Group Structure Chart setting out the structure of the Group or the Target Group as at the date of the delivery of such Group Structure Chart.
(b) Each Compliance Certificate shall be signed by a one (1) director of the Borrower.
Appears in 1 contract
Samples: Facilities Agreement (3SBio Inc.)
