Financial testing. The financial covenants set out in clause 22.1 (Financial covenants) shall be calculated in accordance with IFRS and tested by reference to each of the financial statements delivered pursuant to clause 21.1 (Financial statements) and/or such other information required in relation to certain of the components of the financial covenants where required and/or each Compliance Certificate delivered pursuant to clause 21.2 (Compliance Certificate).
Appears in 2 contracts
Sources: Revolving Credit Facility Agreement (Harmony Gold Mining Co LTD), Term and Revolving Credit Facilities Agreement (Harmony Gold Mining Co LTD)
Financial testing. The financial covenants set out in clause 22.1 this Clause 24 (Financial covenantsCovenants) shall be calculated in accordance with IFRS consistently applied and tested quarterly, by reference to each of the financial statements delivered pursuant to clause 21.1 paragraphs (a) and (b) of Clause 23.1 (Financial statementsStatements) and/or such other information required in relation to certain of the components of the financial covenants where required and/or each Compliance Certificate delivered pursuant to clause 21.2 Clause 23.3 (Provision and contents of Compliance Certificate)) and/or, in respect of the Liquidity of each Borrower, by reference to the balance credited on the applicable Operating Accounts.
Appears in 2 contracts
Sources: Senior Secured Term Loan Facility Agreement (Flex LNG Ltd.), Senior Secured Term Loan Facility Agreement (Flex LNG Ltd.)
Financial testing. The financial covenants set out in clause 22.1 Clause 20.1 (Financial covenantscondition) shall be calculated in accordance with IFRS and tested on each Measurement Date, by reference to each of the financial statements and management accounts delivered pursuant to clause 21.1 Clause 19.1 (Financial statements) and/or such other information required in relation to certain of the components of the financial covenants where required and/or and each Compliance Certificate delivered pursuant to clause 21.2 Clause 19.2 (Compliance Certificate).
Appears in 1 contract
Sources: Revolving Credit Facility Agreement (Lesaka Technologies Inc)
Financial testing. The financial covenants set out in clause 22.1 Clause 20.2 (Financial covenantscondition) shall be calculated in accordance with IFRS and tested by reference to each of the financial statements of the Group delivered pursuant to clause 21.1 paragraphs (a) and (b) of Clause 19.1 (Financial statements) and/or such other information required in relation to certain of the components of the financial covenants where required and/or each Compliance Certificate delivered pursuant to clause 21.2 Clause 19.2 (Compliance Certificate).
Appears in 1 contract
Financial testing. The financial covenants set out in clause 22.1 20.2 (Financial covenantscondition) shall be calculated in accordance with IFRS and tested by reference to each of the financial statements delivered pursuant to clause 21.1 (Financial statements) and/or such other information required in relation to certain of the components of the financial covenants where required and/or each DSCR Compliance Certificate delivered pursuant to clause 21.2 19.4 (Provision and contents of DSCR Compliance Certificate).
Appears in 1 contract