Common use of Certificates and Notices Clause in Contracts

Certificates and Notices. Furnish, or cause to be furnished, and give notice to the Bank: (a) Officer's Certificate. Concurrently with the annual and quarterly financial statements referenced above, a certificate of a responsible officer of the Borrower stating that to the best of his knowledge and belief, (i) the financial statements fairly present in all material respects the financial condition of the parties to which such statements relate and (ii) the Borrower and the Guarantors are in compliance with the provisions of this Agreement in all material respects and no Event of Default, or event or condition which with notice or lapse of time, or both, would constitute an Event of Default exists hereunder (together with a financial covenant calculation worksheet demonstrating compliance therewith in reasonable detail).

Appears in 3 contracts

Sources: Loan Agreement (Pharmaceutical Product Development Inc), Loan Agreement (Pharmaceutical Product Development Inc), Loan Agreement (Pharmaceutical Product Development Inc)