Value Certificate definition

Value Certificate has the meaning specified in Section 3.4 hereof.
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Examples of Value Certificate in a sentence

  • The calculations as set forth on the Book Value Certificate shall be final and binding on the Company and the Employee for purposes of this Agreement.

  • Minimum Amount of Interim Payment 10% of the Contract Value Certificate: Final Payment Certificate: Upon completion & commissioning and handing over.

  • It shall be a condition precedent to the making of an Advance on a Funding Date that the Borrowers shall have delivered, contemporaneously with furnishing the Notice of Borrowing, to each Lender an Inventory Advance Value Certificate together with sufficient information to enable each Lender to independently calculate the Inventory Advance Value.

  • On or before the 21st day of each calendar month, a Collateral Value Certificate in the form attached hereto as Exhibit F, prepared as of the last day of the immediately preceding calendar month.

  • Upon receipt of such request, together with a Collateral Value Certificate covering such proposed new Collateral, the Administrative Agent shall promptly deliver notice of such request to each Lender, and the Lenders shall, within fifteen (15) days following receipt of such notice, and in their sole discretion, approve or disapprove of such proposed substitution.

  • The allocation of Eligible Collateral to Letters of Credit shall be as set forth in the Collateral Value Certificate.

  • No later than the tenth Business Day of each month, if Eligible Collateral was on deposit in the Collateral Account as of the last day of the immediately preceding month, a Collateral Value Certificate as of such last day of the immediately preceding month.

  • Simultaneously with the submission of the financial statements required in Section 5.01 of this Agreement, the Borrower shall provide to the Agent and to each Bank a certification, signed by the chief financial officer of the Borrower, providing its calculation of the Borrowing Base Value, such certification to be in a form set out in Exhibit I and otherwise in form satisfactory to the Agent and the Required Banks (the "Borrowing Base Value Certificate").

  • Bank shall have received an Application from the Account Party and a Collateral Value Certificate pursuant to Section 7(d)(iii).

  • Each such telephonic Borrowing Request shall be irrevocable and shall be confirmed promptly by hand delivery or telecopy to the Administrative Agent of a written Borrowing Request in a form approved by the Administrative Agent and signed by the Borrower, and, if required by clause (d) of Section 5.01, a Collateral Value Certificate (updating the Collateral Value Amount in accordance with the definition of such term).

Related to Value Certificate

  • Single Certificate With respect to any Class of Certificates (other than the Class P Certificates and the Residual Certificates), a hypothetical Certificate of such Class evidencing a Percentage Interest for such Class corresponding to an initial Certificate Principal Balance or Notional Amount of $1,000. With respect to the Class P Certificates and the Residual Certificates, a hypothetical Certificate of such Class evidencing a 20% Percentage Interest in such Class.

  • Class SB Certificate Any one of the Certificates designated as a Class SB Certificate. Class X Certificate: Any one of the Certificates designated as a Class X Certificate.

  • Class J Certificate means any one of the Certificates with a "Class J" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class K Certificate means any of the Certificates with a "Class K" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class A-AB Certificate Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating Agent in substantially the form set forth in Exhibit A-5 hereto.