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

Statements as to Compliance; Financial Statements. (a) The Borrower shall deliver to the Agent, the Backup Servicer, and the Lender on or before January 15 of each year, beginning with January 15, 2008, an Officers’ Certificate stating, as to each signatory thereof, that (x) a review of the activities of the Borrower during the preceding calendar year 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 Borrower 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 officers and the nature and status thereof and the action being taken to cure such default.

Appears in 2 contracts

Samples: Receivables Loan and Security Agreement (Mru Holdings Inc), Receivables Loan and Security Agreement (Mru Holdings Inc)

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Statements as to Compliance; Financial Statements. (a) The Borrower Servicer shall deliver to the Agent, the Backup Servicer, the Borrower and the Lender on or before January 15 of each year, beginning with January 15, 20082004, an Officers’ Officer's Certificate stating, as to each signatory thereof, stating that (x) a review of the activities of the Borrower Servicer during the preceding calendar year 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 Borrower 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 officers officer and the nature and status thereof and the action being taken to cure such default.

Appears in 1 contract

Samples: Loan and Security Agreement (Maxtor Corp)

Statements as to Compliance; Financial Statements. (a) The Borrower ------------------------------------------------- Servicer shall deliver to the Agent, the Backup Servicer, Borrower and the Lender on or before January 15 September 30 of each year, beginning with January 15September 30, 2008, 1997 an Officers' Certificate stating, as to each signatory thereof, that (xa) a review of the activities of the Borrower Servicer during the preceding calendar year and of its performance under this Agreement has been made under such officer’s 's supervision, and (yb) to the best of such officers' knowledge, based on such review, the Borrower Servicer has fulfilled all of its obligations under this Agreement throughout such calendar year (or portion thereofyear, 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 officers and the nature and status thereof and the action being taken to cure such default.

Appears in 1 contract

Samples: Purchase and Contribution Agreement (Healthcare Financial Partners Inc)

Statements as to Compliance; Financial Statements. (a) The Borrower Servicer shall deliver to the Agent, the Backup Servicer, Administrator and the Lender on or before January 15 31 of each year, beginning with January 1531, 20082009, an Officers’ Officer’s Certificate stating, as to each signatory thereof, stating that (x) a review of the activities of the Borrower 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, 2008) 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 Borrower Servicer has fulfilled all of its obligations under this Agreement throughout such calendar year (or portion thereof, as the case may be) in all material respects or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to such officers officer and the nature and status thereof and the action being taken to cure such default.

Appears in 1 contract

Samples: Revolving Loan and Security Agreement (Freedom Financial Group Inc)

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Statements as to Compliance; Financial Statements. (a) The Borrower Servicer shall deliver to the Agent, the Backup Servicer, Borrower and the Lender on or before January 15 of each year, beginning with January 15, 20082001, an Officers’ Officers Certificate stating, as to each signatory thereof, that (x) a review of the activities of the Borrower Servicer during the preceding calendar year (or the portion thereof commencing on the Closing 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 's supervision, and (y) to the best of such officers' knowledge, based on such review, the Borrower 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 officers officer and the nature and status thereof and the action being taken to cure such default.

Appears in 1 contract

Samples: Loan and Security Agreement (Silverleaf Resorts Inc)

Statements as to Compliance; Financial Statements. (a) The Borrower Servicer shall deliver to the Agent, the Facility Insurer, the Backup Servicer, the Borrower and the Lender on or before January 15 of each year, beginning with January 15, 20082004, an Officers’ Officer's Certificate stating, as to each signatory thereof, stating that (x) a review of the activities of the Borrower Servicer during the preceding calendar year 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 Borrower 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 officers officer and the nature and status thereof and the action being taken to cure such default.

Appears in 1 contract

Samples: Security Agreement (Maxtor Corp)

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