Common use of Margin Certificate Clause in Contracts

Margin Certificate. 12.1 The Borrower shall supply to the Facility Agent, with each set of financial statements and management accounts delivered pursuant to Clause 20.1.1 and 20.1.2 of the Common Terms Agreement in relation to a Measurement Date, a Margin Certificate setting out (in reasonable detail) computations as to the calculation of the Look Through Leverage Ratio as at the date as at which those financial statements or management accounts (as applicable) were drawn up. 12.2 Each Margin Certificate shall be signed by two directors of Borrower (including the financial director of the Lesaka Group).

Margin Certificate. 12.1 13.1 The Borrower shall supply to the Facility Agent, with each set of financial statements and management accounts delivered pursuant to Clause 20.1.1 and 20.1.2 of the Common Terms Agreement in relation to a Measurement Date, a Margin Certificate setting out (in reasonable detail) computations as to the calculation of the Look Through Leverage Ratio as at the date as at which those financial statements or management accounts (as applicable) were drawn up. 12.2 13.2 Each Margin Certificate shall be signed by two directors of Borrower (including the financial director of the Lesaka Group).