Certificates of No Default Sample Clauses

Certificates of No Default. At any time if requested by the Warrant Agent, the Corporation shall deliver to the Warrant Agent an Officers' Certificate stating that the Corporation has complied with all covenants, conditions or other requirements contained in this Indenture. In the event that the Corporation has not complied with all the covenants and conditions contained herein, it will advise the Warrant Agent and the Holders of such default as soon as reasonably practicable, specifying the covenant, condition or other requirement which has not been complied with and giving particulars of such non-compliance.

Certificates of No Default. Within thirty (30) calendar days after the end of each of the quarters of each FISCAL YEAR of the COMPANIES, the GUARANTORS shall submit to the LENDER a certificate of the chief financial officer or officers of each of the COMPANIES certifying that: (1) there exists no EVENT OF DEFAULT, or if an EVENT OF DEFAULT exists, specifying the nature thereof, the period of existence thereof and what action the COMPANIES propose to take with respect thereto; (2) no material adverse change in the condition, financial or otherwise, business, property or results of operations of any of the COMPANIES has occurred since the previous certificate was sent to the LENDER by the GUARANTORS or, if any such change has occurred, specifying the nature thereof and what action the COMPANIES have taken or propose to take with respect thereto; (3) all insurance premiums then due have been paid; (4) all taxes then due have been paid or, for those taxes which have not been paid, a statement of the taxes not paid and a description of the rationale for such non-payment; (5 no litigation, investigation or proceedings, or injunction, writ or restraining order is pending or threatened or, if any such litigation, investigation, proceeding, injunction, writ or order is pending, describing the nature thereof; and (6) stating whether or not the BORROWERS are in compliance with the covenants of the LOAN AGREEMENT and whether or not the GUARANTORS are in compliance with the covenants in this GUARANTY, including a calculation of the financial covenants in the schedule attached to such officer's certificate in form satisfactory to the LENDER.

Certificates of No Default simultaneously with the furnishing of the annual and quarterly financial statements required by Section 3.2(b) hereof, a certificate of an executive officer or principal financial officer of Debtor (in the form of Exhibit “J” attached hereto), certifying that to the best of his/her knowledge no Default has occurred, or if a Default has occurred, specifying the nature and extent thereof and the steps that Debtor proposes to take to cure such Default.

Certificates of No Default. At any time if requested by the Trustee, the Company shall deliver to the Trustee an Officers' Certificate stating that the Company has complied with all covenants, conditions or other requirements contained in this Indenture or if such is not the case, specifying the covenant, condition or other requirement which has not been complied with and giving particulars of such non-compliance.

Certificates of No Default. Concurrently with the delivery of the consolidated financial statements referred to in Section 8.1(a), a letter from the Borrower's independent certified public accountants reporting on such financial statements stating that in making the examination necessary to express their opinion on such financial statements no knowledge was obtained of any Default, except as specified in such letter, and concurrently with each delivery of the financial statements referred to in Sections 8.1(a), (b) and (c), a certificate of the vice president and controller, the vice president and treasurer or the chief financial officer of the Borrower stating that, to the best of such officer's knowledge after reasonable inquiry and review, the Borrower and its Subsidiaries have observed or performed all of their covenants and other agreements, and satisfied every condition, contained in this Agreement and the other Loan Documents to be observed, performed or satisfied by them, and that such officer has obtained no knowledge of any Default except as specified in such certificate.

Certificates of No Default. The Company covenants and agrees that it is duly authorized to create and issue the Warrants to be issued hereunder and that the Warrants, when issued and Authenticated as herein provided, will be valid and enforceable against the Company in accordance with the provisions hereof and the terms hereof and that, subject to the provisions of this Indenture, the Company will cause the Common Shares from time to time acquired upon exercise of Warrants issued under this Indenture to be duly issued and delivered in accordance with the terms of this Indenture. 8.1 Suits by Warrantholders‌

Certificates of No Default as soon as available and in any event within forty-five (45) days after the end of each fiscal quarter, a certificate of a principal executive officer or principal financial officer of Debtor (in the form of Exhibit B attached hereto), certifying that to the best of his/her knowledge no Default has occurred, or if a Default has occurred, specifying the nature and extent thereof and the steps that Debtor proposes to take to cure such Default and that the Debtor is in compliance with all covenants set forth in this Agreement;

Certificates of No Default. That the Company will, contemporaneously with the delivery of the financial statements pursuant to section 7.7 and at any other time if requested by the Trustee, deliver to the Trustee an Officers' Certificate stating that the Company has complied with all covenants, conditions or other requirements contained in this indenture the non-compliance with which would, with the giving of notice or the lapse of time, or both, or otherwise, constitute an event of default under this indenture, or if such is not the case, specifying the covenant, condition or other requirement which has not been complied with and giving particulars of such non-compliance.

Certificates of No Default simultaneously with the furnishing of the annual financial statements of the Borrower, a certificate of the president or chief financial officer of the Borrower certifying that to the best of his or her knowledge no Default has occurred, or if a Default has occurred, specifying the nature and extent thereof and the steps that the Borrower proposes to take to cure such Default; and