Common use of Statements as to Compliance; Financial Statements Clause in Contracts

Statements as to Compliance; Financial Statements. The Servicer shall deliver to the Agent, the Borrower and the Lender on or before January 15 of each year, beginning with January 15, 2001, an Officers Certificate stating, as to each signatory thereof, that (x) a review of the activities of the Servicer during the preceding calendar year (or the portion thereof commencing on the date of this Agreement, in the case of the calendar year ending December 31, 2000) and of its performance under this Agreement has been made under such officer's supervision, and (y) to the best of such officers' knowledge, based on such review, the Servicer has fulfilled all of its obligations under this Agreement throughout such calendar year (or portion thereof, as the case may be) or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof and the action being taken to cure such default.

Appears in 1 contract

Samples: Receivables Loan and Security Agreement (Silverleaf Resorts Inc)

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Statements as to Compliance; Financial Statements. The Servicer shall deliver to the AgentBackup Servicer, the Borrower and the Lender on or before January 15 March 31st of each year, beginning with January 15, 20012007, an Officers Officers’ Certificate stating, as to each signatory thereof, that (x) a review of the activities of the Servicer during the preceding calendar year (or the portion thereof of the preceding calendar year commencing on the date of this AgreementAgreement and ending December 31, 2006 in the case of the calendar year ending December 31, 2000first such review) and of its performance under this Agreement has been made under such officer's ’s supervision, and (y) to the best of such officers' knowledge, based on such review, the Servicer has fulfilled all of its obligations under this Agreement throughout such calendar year (or portion thereof, as the case may be) or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer officers and the nature and status thereof and the action being taken to cure such default.

Appears in 1 contract

Samples: Receivables Loan and Security Agreement (Resource America Inc)

Statements as to Compliance; Financial Statements. The Servicer shall deliver to the AgentBackup Servicer, the Borrower and the Lender Lenders on or before January 15 March 31st of each year, beginning with January 15, 20012008, an Officers Officer’s Certificate stating, as to each signatory thereof, that (x) a review of the activities of the Servicer during the preceding calendar year (or the portion thereof of the preceding calendar year commencing on the date of this AgreementAgreement and ending December 31, 2007 in the case of the calendar year ending December 31, 2000first such review) and of its performance under this Agreement has been made under such officer's ’s supervision, and (y) to the best of such officers' officer’s knowledge, based on such review, the Servicer has fulfilled all of its obligations under this Agreement throughout such calendar year (or portion thereof, as the case may be) or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof and the action being taken to cure such default.

Appears in 1 contract

Samples: Receivables Loan and Security Agreement (Resource America Inc)

Statements as to Compliance; Financial Statements. a) The Servicer shall deliver to the AgentBackup Servicer, the Borrower and the Lender on or before January 15 March 31st of each year, beginning with January 15, 20012007, an Officers Officers’ Certificate stating, as to each signatory thereof, that (x) a review of the activities of the Servicer during the preceding calendar year (or the portion thereof of the preceding calendar year commencing on the date of this AgreementAgreement and ending December 31, 2006 in the case of the calendar year ending December 31, 2000first such review) and of its performance under this Agreement has been made under such officer's ’s supervision, and (y) to the best of such officers' knowledge, based on such review, the Servicer has fulfilled all of its obligations under this Agreement throughout such calendar year (or portion thereof, as the case may be) or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer officers and the nature and status thereof and the action being taken to cure such default.

Appears in 1 contract

Samples: Receivables Loan and Security Agreement (Resource America Inc)

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Statements as to Compliance; Financial Statements. (a) The Servicer shall deliver to the Agent, the Borrower and the Lender on or before January 15 of each year, beginning with January 15, 2001, an Officers Certificate stating, as to each signatory thereof, that (x) a review of the activities of the Servicer during the preceding calendar year (or the portion thereof commencing on the date of this AgreementClosing Date, in the case of the calendar year ending December 31, 2000) and of its performance under this Agreement has been made under such officer's supervision, and (y) to the best of such officers' knowledge, based on such review, the Servicer has fulfilled all of its obligations under this Agreement throughout such calendar year (or portion thereof, as the case may be) or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officer and the nature and status thereof and the action being taken to cure such default.

Appears in 1 contract

Samples: Receivables Loan and Security Agreement (Silverleaf Resorts Inc)

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