Common use of Quarterly Compliance Certificate Clause in Contracts

Quarterly Compliance Certificate. The income statements and balance sheets as of and for the end of each Fiscal Quarter which are delivered pursuant to Section 5.01(b) of this Agreement shall be accompanied by a compliance certificate, substantially in the form of Exhibit "B" attached hereto, executed by the President or Chief Financial Officer or Corporate Controller of MBC, stating that no Event of Default or Potential Default exists and that the Borrowers are in compliance with all applicable covenants contained in this Agreement. Such certificate shall include all figures necessary to calculate the Borrowers' compliance with all financial covenants set forth in this Agreement. If an Event of Default or Potential Default has occurred and is continuing or exists, such certificate shall specify in detail the nature and period of existence of the Event of Default or Potential Default and any action taken or contemplated to be taken by the Borrowers with respect thereto.

Quarterly Compliance Certificate. The income statements and balance sheets as of and for the end of each Fiscal Quarter which are delivered pursuant to Section 5.01(b) of this Agreement shall be accompanied by a compliance certificate, substantially in the form of Exhibit "B" attached hereto, executed by the President or President, Chief Financial Officer or Vice President and Corporate Controller of MBC, stating that no Event of Default or Potential Default exists and that the Borrowers are in compliance with all applicable covenants contained in this Agreement. Such certificate shall include all figures necessary to calculate the Borrowers' compliance with all financial covenants set forth in this Agreement. If an Event of Default or Potential Default has occurred and is continuing or exists, such certificate shall specify in detail the nature and period of existence of the Event of Default or Potential Default and any action taken or contemplated to be taken by the Borrowers with respect thereto.Borrowers. (e)

Quarterly Compliance Certificate. The income statements and balance sheets as of and for the end of each Fiscal Quarter which are delivered pursuant to Section 5.01(b) of this Agreement shall be accompanied by a compliance certificate, substantially in the form of Exhibit "“B" ” attached hereto, executed by the President or Chief Financial Officer or Corporate Controller of MBC, stating that no Event of Default or Potential Default exists and that the Borrowers Loan Parties are in compliance with all applicable covenants contained in this Agreement. Such certificate shall include all figures necessary to calculate the Borrowers' Loan Parties’ compliance with all financial covenants set forth in this Agreement. If an Event of Default or Potential Default has occurred and is continuing or exists, such certificate shall specify in detail the nature and period of existence of the Event of Default or Potential Default and any action taken or contemplated to be taken by the Borrowers Loan Parties with respect thereto.

Quarterly Compliance Certificate. The income statements and balance sheets as of and for the end of each Fiscal Quarter which are delivered pursuant to Section 5.01(b5.01(c) of this Agreement hereof shall be accompanied by a compliance certificate, substantially in the form of Exhibit "B" G attached hereto, executed by a Responsible Officer of the President or Chief Financial Officer or Corporate Controller of MBCBorrower, stating that no Event of Default or Potential Default exists and that the Borrowers are Borrower is in compliance with all applicable covenants contained in this Agreement. Such certificate shall include all figures necessary to calculate the Borrowers' Borrower's compliance with all financial covenants set forth in this Agreement. If an Event of Default or Potential Default has occurred and is continuing or exists, such certificate shall specify in detail the nature and period of existence of the Event of Default or Potential Default and any action taken or contemplated to be taken by the Borrowers Borrower with respect thereto.