Common use of Compliance Statements Clause in Contracts

Compliance Statements. The Administrator shall deliver to NAFCO and to the Trustee, on or before April 30 of each year (beginning April 30, 1995) a certificate signed by a financial officer stating that (1) a review of its activities relating to the administration of the Receivables during the prior year ending December 31 and performance under this Agreement has been made under such officer's supervision, and (2) to the best of such officer's knowledge, based on such review, the Administrator has fulfilled all its obligations performance under this Agreement throughout the period covered by such certificate, or, if there has been a default in the fulfillment of any such obligations, specifying each such default known to such officer and the nature and status thereof.

Compliance Statements. The Administrator shall deliver to NAFCO and to the Trustee, on or before April 30 of each year (beginning April 30, 1995) a certificate signed by a financial officer stating that (1) a review of its activities relating to the administration of the Receivables during the prior year ending December 31 and performance under this Agreement has been made under such officer's supervision, and (2) to the best of such officer's knowledge, based on such review, the Administrator has fulfilled all its obligations performance under this Agreement throughout the period covered by such certificate, or, if there has been a default in the fulfillment of any such obligations, specifying each such default known to such officer and the nature and status thereof.