Written Statement to Agent Clause Samples
The "Written Statement to Agent" clause requires that any formal communications, notices, or instructions related to the agreement be provided to the designated agent in writing. In practice, this means that parties must deliver important information—such as changes, approvals, or notifications—directly to the agent using written formats like email, letter, or other documented means. This clause ensures there is a clear, verifiable record of communications, reducing the risk of misunderstandings or disputes about whether and when information was properly conveyed.
Written Statement to Agent. The Borrower will deliver to the Agent on or before May 31 in each year (beginning with May 31, 2004) an Officers’ Certificate stating that in the course of the performance by the signers of their duties as officers of the Borrower they would normally have knowledge of any default by the Borrower in the performance of any covenants contained in this Agreement, stating whether or not they have knowledge of any such default and, if so, specifying each such default of which the signers have knowledge and the nature thereof. At least one signatory to such Officers’ Certificate shall be the principal executive officer, principal financial officer, Treasurer or principal accounting officer of the Borrower. No information delivered by the Borrower pursuant to this Section 5.01 may be designated by the Borrower to be Confidential Information.
Written Statement to Agent. 47 TABLE OF CONTENTS Section 5.02. Commission Reports; Financial Statements......................................... 47 Section 5.03. Limitation On Restricted Payments................................................ 48 Section 5.04. Limitation On Incurrence Of Indebtedness And Issuance Of Preferred Stock......... 51 Section 5.05. Limitation On Liens.............................................................. 53 Section 5.06. Limitation On Dividend And Other Payment Restrictions Affecting Subsidiaries..................................................................... 53 Section 5.07. Repayment Of Advances Upon A Change Of Control................................... 55 Section 5.08. Limitation On Transactions With Affiliates....................................... 55 Section 5.09. Designation Of Restricted And Unrestricted Subsidiaries.......................... 57 Section 5.10. Limitation On Sale And Leaseback Transactions.................................... 57 Section 5.11. Business Activities.............................................................. 57