Positive Certification definition

Positive Certification means certification in writing to the Issuer by an Independent Financial Adviser that in its opinion the relevant Change of Status is not, or as the case may be, will not be materially prejudicial to the interests of the Noteholders;
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Examples of Positive Certification in a sentence

  • The County Superintendent’s concurrence with the District’s Positive Certification is based on the information available at the time the District certified its Second Interim Report and may not be indicative of the District’s current fiscal position.

  • This report includes revisions to the original budget and shows a Positive Certification by the county.

  • Recommendation: Approve the JPA’s Second Interim Financial Report, as submitted, and adopt a Positive Certification indicating the JPA will be able to meet its financial obligations for the remainder of the2023-24 fiscal year as required by Assembly bill 1200.

  • Motion Passed: Award Contract #CT3575 to Chavez and Associates for Inspector of Record Services passed with a motion by Ms. Barbara Avalos and a second by Ms. Maria Betancourt-Castañeda.Yes Ms. Barbara AvalosYes Ms. Maria Betancourt-Castañeda Yes Mr. Brian ClapperYes Ms. Maria Dalla Yes Ms. Alma Sarmiento 16.C. Approve the Positive Certification and Budget Revisions for the Second Period Interim Financial Report as of January 31, 2019 (see Exhibit B).

  • It is requested that the Board certify the fund report and narratives as presented and adopt a Positive Certification.

  • Constitutive Documents............................................58 Section 5.22.

  • Therefore, a Positive Certification List (PCL) was also implemented to avoid this challenge in the future.

  • Motion Passed: Approve the Positive Certification and Budget Revisions for the Second Period Interim Financial Report as of January 31, 2019 passed with a motion by Ms. Maria Betancourt-Castañeda and a second by Mr. Brian Clapper.Yes Ms. Barbara AvalosYes Ms. Maria Betancourt-Castañeda Yes Mr. Brian ClapperYes Ms. Maria Dalla Yes Ms. Alma Sarmiento 16.D. Accept Gifts.

  • Recommendation: Approve the JPA’s Second Interim Financial Report, as submitted, and adopt a Positive Certification indicating the JPA will be able to meet its financial obligations for the remainder of the2020-21 fiscal year as required by Assembly bill 1200.

  • Action Items - 30 min Access Public Type Action Recommended ActionIt is the Administration’s recommendation that the School Board approve the attached 2023-24 Second Interim Budget Report, with Positive Certification.