Quarterly Certification. Within fourteen (14) calendar days following the end of each calendar quarter, the Grantor shall provide the Beneficiaries’ Agent (with a copy to the Trustee) a written certification (the “Quarterly Certification”) stating the Required Amount and the Security Amount as of the calendar quarter end and the aggregate fair market value of the Permitted Investments, as determined by a nationally recognized valuation service retained by the Trustee at the Grantor’s expense, held in the Trust Account as of the calendar quarter end (both on an asset-by-asset basis and a cumulative basis). Such certification shall separately state the effect on the fair market value of the Assets of withdrawals by the Grantor from the Trust Account effected during such calendar quarter. As soon as is practicable, but in no event more than ten (10) Business Days following its receipt of the Quarterly Certification, the Beneficiaries’ Agent shall either (i) countersign such certification and forward it to the Trustee or (ii) notify the Grantor that it objects to the Grantor’s calculation of the Required Amount or the Security Amount or the Grantor’s valuation of any Asset. If the parties are able to resolve such dispute within ten (10) Business Days of the Beneficiaries Agent’s transmittal to the Grantor of its notice of objection, they shall promptly forward to the Trustee a jointly signed certification of the Required Amount, the Security Amount or Asset valuation, as applicable. If the Parties are unable to resolve such dispute within ten (10) Business Days of the Beneficiaries Agent’s transmittal to the Grantor of its notice of objection, and the dispute relates to the valuation of an Asset, the value of such Asset shall be determined by a Third Party Appraiser and the parties shall be bound by such valuation. All other disputes shall be resolved in accordance with Section 11.1 of this Trust Agreement. Upon resolution of such dispute, the Parties shall forward to the Trustee a copy of the corrected Quarterly Certification setting forth the Required Amount, the Security Amount or Asset value, as applicable, as resolved through such Third Party Appraiser or arbitration. The Grantor shall, to the extent reasonably necessary or required in order to verify Grantor’s certification, permit the Beneficiaries’ Agent to audit its records in order to determine its compliance with this Section 5.3. The Grantor shall cooperate fully with such audit. Access to the Grantor and its employees by ...
Quarterly Certification. During the Term, at the end of each Adobe Quarter, Reseller must submit a report certifying that its license orders are correct and are supported by actual ordering documentation from End Users or Other Authorized Resellers, as described in Clause 4.1 (Reseller Orders) (“Quarterly Certification”). The format of such Quarterly Certification will be prescribed by Adobe. At its sole discretion, Adobe may request, and Reseller must provide, copies of all such supporting documentation and the contact information of the person who is authorized to complete such certification.
Quarterly Certification. (a) During the Term, Unified, upon the request of Blue River, shall deliver to Blue River, by January 15th, April 15th, July 15th and October 15th of each year, a certificate, substantially in the form attached hereto as Appendix A, of its chief financial officer (the "Certificate") certifying compliance by Unified with the terms of this Agreement during the preceding quarter.
(b) During the Term, Blue River shall deliver to Unified, by January 15th, April 15th, July 15th and October 15th of each year, a certificate of its chief financial officer certifying to Unified that no Capital Event has occurred with respect to either SCB or UBC during the preceding quarter to the execution date of such certificate (the "Blue River Certificate"). In the event Blue River fails to timely deliver a Blue River Certificate, neither Unified nor any of its Affiliates shall be required to comply with the provisions of this Agreement until such time as Blue River shall deliver the required Blue River Certificate to Unified.
Quarterly Certification. Position certification is the percentage of full-time of the position in the table of organization. Benefit certification is the percentage of full-time that the part-time employee has worked in the previous quarter. Employees are notified of their benefit certification at the beginning of each quarter. Employee would not have additional hours denied them to avoid application of this provision. If a part-time employee takes a position certified as full-time, benefits at the full-time rate become effective on the date that the employee assumes the full-time position. If a part-time employee takes another part-time position, the employee will receive benefit certification equal to the new position certification, plus the difference between the former position certification and the employee’s benefit certification. If a full-time employee takes a position certified as part-time, the employee’s benefit certification will not change for the rest of that quarter. In the next quarter, the employee’s benefit certification will be based on all hours worked in the previous quarter.
Quarterly Certification. Exhibit A of the Existing Repurchase Agreement is hereby deleted in its entirety and replaced with Exhibit B attached hereto.
Quarterly Certification. On each October 1, January 1, and April 1, commencing on April 1, 2021, the Borrower shall deliver to the Lender a quarterly certification in the form of Exhibit F attached hereto and signed by the Director, certifying that revenues on deposit with the Borrower as of such fiscal quarter (i) equal or exceed the required percentage of annual debt service on the Note, and (ii) will only be utilized for the payment of annual debt service on the Note, each as set forth on Exhibit F attached hereto.
Quarterly Certification. Seller shall execute and deliver a quarterly certification substantially in the form of Exhibit A-1 attached hereto and Originator shall execute and deliver a quarterly certification (including all related calculations) substantially in the form of Exhibit A-2 attached hereto.
Quarterly Certification. Manager shall provide Owner, within twenty (20) days after the end of each calendar quarter, a signed Certification statement in the form attached hereto as Exhibit “A” executed by the controller or president of Manager.
Quarterly Certification. Seller shall execute a quarterly certification substantially in the form of Exhibit A attached hereto.
J. Section 13(h) is hereby replaced in its entirety by the following: (h)
Quarterly Certification. Quarterly, Borrowers shall furnish Agent with a Certificate from an authorized financial officer of each Borrower that no Borrower is in default of any covenant or obligation under this Agreement or under any other loan to which Borrowers, or either of them, are a party, or in the event a default does exist, Borrowers shall furnish such information as is required under Section 6.3 of this Agreement.
