Examples of Closing Compliance Certificate in a sentence
The Lenders shall have received from the Administrative Agent the Closing Compliance Certificate or other evidence reflecting the Borrower’s compliance with the Financial Covenants and the terms and conditions hereof after giving effect to this Agreement and the other Loan Documents.
The Borrower shall be in compliance, on a pro forma basis after giving effect to such Credit Extension, with the Financial Covenants, as satisfied by the Closing Compliance Certificate, or once delivered, the most recent Compliance Certificate delivered by the Borrower.
Administrative Agent shall have received the Closing Compliance Certificate or other evidence reflecting the Borrower’s compliance with the Financial Covenants and the terms and conditions hereof.
The Borrower shall have provided to the Administrative Agent a Closing Compliance Certificate (the “Closing Compliance Certificate”) set forth as Exhibit F hereto or in such other form reasonably acceptable to the Administrative Agent.
The initial LIBOR Margin, Base Rate Margin, and Commitment Fee Factor shall be determined on the basis of the Closing Compliance Certificate which shall be delivered by Borrower at least three (3) Banking Days prior to the initial 3-Year Advance, and any failure to deliver such required Closing Compliance Certificate by Borrower shall result in the application of Pricing Tier I below.
In regards to supporting NRHH, there is a distinct difference between the organizations.
But the Utah Court of Appeals considered and rejected this same argument in Thorpe v.
Set forth on Schedule 5.17 to the Closing Compliance Certificate are all of each Credit Party’s Deposit Accounts at which the Collateral is or may be held, including, with respect to each bank (i) the name and address of such Person, and (ii) the account numbers of the Deposit Accounts maintained with such Person.
Schedule 5.20 to the Closing Compliance Certificate sets forth each Credit Party’s Credit Card Processors and all material arrangements to which any Credit Party is a party with respect to the payment to any Credit Party of the proceeds of credit card charges for sales by such Credit Party.
All Eligible Inventory of each Credit Party is located only at, or in-transit between (or with respect to Eligible In-Transit Inventory which has been shipped from a location outside of the United States, in transit to), the locations identified on Schedule 5.4 to the Closing Compliance Certificate (as such Schedule may be updated pursuant to Sections 6.8 and 6.13) other than Inventory located at any Pool Location and Inventory, the value of which, in the aggregate, does not exceed $1,000,000.