Closing Date Compliance Certificate Sample Clauses
The Closing Date Compliance Certificate clause requires one or more parties to formally confirm, typically in writing, that all conditions and obligations necessary for closing a transaction have been satisfied as of the closing date. In practice, this often involves delivering a signed certificate or statement to the other party or parties, attesting that representations, warranties, and covenants remain true and that no material adverse changes have occurred. This clause serves to provide assurance and a clear record that all pre-closing requirements have been met, thereby reducing the risk of post-closing disputes and ensuring a smooth completion of the transaction.
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Closing Date Compliance Certificate. A completed compliance certificate on the Bank’s standard form, demonstrating that as of the date of this Agreement, the Borrower is in compliance with all of the financial covenants required under this Agreement.
Closing Date Compliance Certificate. Each of the Banks shall have received a Compliance Certificate, dated the Closing Date, in form and substance satisfactory to the Banks, evidencing the Borrowers’ compliance with §10.1 hereto.
Closing Date Compliance Certificate. FINOVA shall have received a Compliance Certificate from the Chief Financial Officer of Borrower showing Borrower's compliance with each of the financial covenants set forth in Section 6.1.13 of this Agreement, as of the Closing Date.
Closing Date Compliance Certificate. Borrower shall have delivered to Administrative Agent and Lenders a Compliance Certificate in accordance with Section 6.1(iii) prepared on a pro forma basis to give effect to the transactions occurring on the Closing Date.
Closing Date Compliance Certificate. The Company shall have delivered a Compliance Certificate dated as of the Closing Date which demonstrates that the Borrowers are in compliance with its financial covenants as of the Closing Date (measuring Consolidated Adjusted EBITDA and other income and expense items through December 31, 2005 and measuring Indebtedness as of the Closing Date after giving effect to the Loans made and Letters of Credit issued on such date).
Closing Date Compliance Certificate. The Administrative Agent shall have received a duly completed and executed compliance certificate in form and substance reasonably satisfactory to the Administrative Agent evidencing (and attaching applicable calculations) that, after giving pro forma effect to the Credit Extensions on the Initial Funding Date and the use of proceeds thereof, the Veda Acquisition and all other Debt to be incurred in connection with consummation of the Veda Acquisition, the Leverage Ratio is not greater than 3.50 to 1.00.
Closing Date Compliance Certificate. The Administrative Agent shall have received a duly completed and executed compliance certificate in form and substance reasonably satisfactory to the Administrative Agent evidencing (and attaching applicable calculations) that, after giving pro forma effect to the Credit Extensions on the Closing Date and the use of proceeds thereof, the Leverage Ratio is not greater than 3.50 to 1.00. - 84 -
Closing Date Compliance Certificate. The Administrative Agent shall have received a Compliance Certificate from the CFO, dated as of the Closing Date, in form and substance satisfactory to the Administrative Agent, certifying that the Borrowers are in pro forma compliance as of the Interim Balance Sheet Date with each of the financial covenants set forth in §8.
Closing Date Compliance Certificate. Consolidated EBITDA for the twelve-month period ended October 31, 2003 shall be not less than $35,000,000 and the ratio of (i) Consolidated Total Debt as of the Closing Date after giving effect to the aggregate principal amount of all Indebtedness to be incurred on the Closing Date to (ii) Consolidated EBITDA for the twelve-month period ended October 31, 2003 shall not exceed 1.85 to 1.0. On the Closing Date, Company shall deliver to Administrative Agent a Closing Date Compliance Certificate demonstrating in reasonable detail compliance with such restrictions.
Closing Date Compliance Certificate. Borrower shall have delivered to Agent a certificate (the “Closing Date Compliance Certificate”) of Borrower, dated as of the Closing Date, signed by the Managing Director, substantially in the form of Exhibit 7.3.4, together with supporting accounting and financial information satisfactory to Agent.