Ratio Certificate definition

Ratio Certificate means a certificate, signed on behalf of the Borrower by a Financial Officer of the Borrower, delivered to the Administrative Agent on the Closing Date and as may be required by Section 5.04(c), and setting forth the calculations, in reasonable detail, required to determine compliance with all covenants set forth in Sections 6.05 (a) and (b) on the Closing Date or on the last day of any fiscal quarter, as the case may be.

Ratio Certificate means the certificate referred to in clause 11.5(B);

Ratio Certificate means the certificate referred to in sub-clause 13.6.2 of Clause 13.6 (Compliance certificates).

Examples of Ratio Certificate in a sentence

• On the date of such Loan or the issuance of such Letter of Credit hereunder (and after giving pro forma effect thereto), the Collateral Coverage Ratio shall not be less than 1.6 to 1.0 as evidenced by the delivery of a Collateral Coverage Ratio Certificate to the Administrative Agent demonstrating such compliance.

• Copy of Share Exchange Ratio Certificate issued to the Transferor and the Transferee Company.

• Copy of the Valuation Report and Exchange Ratio Certificate provided by Jayesh M.

• The Management Board of the Company is responsible for the preparation of the Financial Ratio calculation and the preparation of the Financial Ratio Certificate.

• Thereafter, the Applicable Margin for each Quarterly Payment Period shall be determined based upon a Rate Ratio Certificate for such Quarterly Payment Period delivered by the Borrowers to the Administrative Agent under this Section 3.03.

More Definitions of Ratio Certificate

Ratio Certificate means a certificate, signed on behalf of the Borrower by a Financial Officer of the Borrower, delivered to the Administrative Agent on the Closing Date and as may be required by Section 7.01(c), and setting forth the calculations, in reasonable detail, required to determine compliance with the covenant set forth in Section 8.08 as of the last day of any fiscal quarter.

Ratio Certificate a certificate substantially in the form of Exhibit H.

Ratio Certificate means a certificate, signed on behalf of the Borrower by a Financial Officer of the Borrower, delivered to the Administrative Agent on the Closing Date and as may be required by Section 6.04(c), and setting forth the calculations, in reasonable detail, required to determine compliance with all

Ratio Certificate means the certificate referred to in sub-clause 13.6.2 of Clause 13.6 (Compliance certificates ).

Ratio Certificate means a certificate in the form outlined in Annexure C (Ratio Certificate) signed by two directors of the Borrower and each Project Company certifying as to the matters set out therein together with supporting calculations as appropriate;

Ratio Certificate as follows:

Ratio Certificate as follows: