Quarterly Certifications Clause Samples
The Quarterly Certifications clause requires a party to provide formal statements or attestations on a quarterly basis, confirming compliance with certain obligations or conditions set out in the agreement. Typically, this involves submitting written certifications that key requirements—such as financial covenants, regulatory compliance, or operational standards—have been met during the preceding quarter. This clause ensures ongoing accountability and transparency, allowing the other party to monitor performance and address issues promptly if any non-compliance is detected.
Quarterly Certifications. Owner will submit to OHFA a “Quarterly Certification” in such form as OHFA may require. Owners must begin quarterly reporting the first full calendar quarter after the last Building is Placed-In-Service and continue to report for the subsequent three quarters.
Quarterly Certifications. On or before the fifteenth day after the end of the preceding quarter, the Company agrees to deliver to the Collateral Agent an Officer’s Certificate confirming, to the best of its knowledge and belief, that all payments of interest and principal due on the Notes have been made in a timely manner for the preceding month. When delivering its monthly Officer’s Certificate, the Company further agrees to furnish the Collateral Agent with a report which summarizes the payments of principal and interest made by the Company to the Note holders. The Company’s obligation to furnish the monthly compliance report and Officer’s Certificate set forth in this Section 4.10(a) shall remain in effect during such time as the Company serves as Paying Agent for the Notes.
Quarterly Certifications. Quarterly certifications of new capital raised by the tenth (10th) of the month following the end of such quarter showing capital raised in that quarter. Monthly information shall be provided by Borrower electronically showing new capital raised in the prior month. Other Information: Such other financial reports or information as Bank may from time to time reasonably request.
Quarterly Certifications. Borrower shall deliver to Servicer for further delivery to Lender, within sixty (60) days after the end of each fiscal quarter of BHMR (other than the fiscal fourth quarter) and within one hundred twenty (120) days after the end of each fiscal year of BHMR, an officer’s certificate from an Authorized Officer (“Certificate of Compliance”) certifying that BHMR is in compliance with the financial covenants set forth in Sections 7.4.1 and 7.4.2 above. Borrower hereby covenants and agrees to provide (or to cause Servicer to provide) Lender with such information as Lender may reasonably request in order for Lender to confirm BHMR’s compliance with the financial covenants set forth in Sections 7.4.1 and 7.4.2 above.
Quarterly Certifications. The financial statements delivered to Lenders pursuant to subsection 6.3.1 for the last month of each quarter shall be certified by the President or Chief Financial Officer, to the best of his knowledge, as presenting fairly in all material respects the results of operations of Borrower for the period covered thereby and the financial condition of Borrower as of the dates indicated therein, subject to normal year-end adjustments.