Monthly Certificate. Within ten (10) days after the close of each calendar month, RTL shall supply to PLC a certificate signed by an authorized officer of RTL containing: (a) The Borrowing Base Certificate; (b) A list of all Vehicles and Equipment in service in RTL’s leasing and rental business through its PacLease franchise as of the end of such month; and (c) An affirmation that the signer has reviewed the relevant terms of this Agreement and has made, or caused to be made under his supervision, a review of the transactions and operations of RTL during the reporting period and that such review has not disclosed the existence of any condition or event which constitutes an Event of Default or, if any such condition or event then exists, specifying the nature and period of existence thereof and what action RTL has taken or proposes to take with respect thereto.
Appears in 2 contracts
Sources: Inventory Financing and Purchase Money Security Agreement (Rush Enterprises Inc \Tx\), Inventory Financing and Purchase Money Security Agreement (Rush Enterprises Inc \Tx\)