Certificate of No Default definition

Certificate of No Default shall have the meaning specified in Section 7.08(5) hereof.
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Certificate of No Default is as defined in Paragraph 7 hereof.
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Certificate of No Default means that certificate required by Section 7.2.5 hereof, in the form and substance of EXHIBIT 1.13 hereto.
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Examples of Certificate of No Default in a sentence

  • Upon request by Bank, Borrower shall provide to Bank on such periodic basis as may be specified by Bank and in such form as may be specified by Bank a Certificate of No Default, said certificate to be executed on behalf of Borrower by Borrower’s President or Chief Financial Officer.

  • The quarterly financial statements shall be accompanied by (i) comparison to current year projections and comparison to prior year comparable period; and (ii) a Certificate of No Default executed by the President or the Chief Financial Officer of Borrower, in form and content satisfactory to the Lender in its sole discretion.

  • Section 6.2 Annual Financial Statements and Information; -------------------------------------------- Certificate of No Default..........................

  • Qualification in the State 36 Section 8.2. Hold Harmless Provisions 36 Section 8.3. Maintenance of Existence; Conditions Under Which Exceptions Permitted 36 Section 8.4. Agreement to Provide Information 37 Section 8.5. Books of Record and Account; Financial Statements 37 Section 8.6. Release of Equipment 38 Section 8.7. Certificate of No Default 39 Section 8.8. Notice of Default 40 Section 8.9. Assignment and Leasing 40 Section 8.10.

  • Annual Financial Statements and Information; Certificate of No Default........................

  • Section 6.1 Audited Annual Financial Statements and Information; Certificate of No Default............................................................

  • The quarterly financial statements shall be accompanied by (i) a compliance certificate certified by the Chairman of the Board of Borrower and another Authorized Officer of Borrower; (ii) comparison to current year projections and comparison to prior year comparable period; and (iii) a Certificate of No Default executed by the Chairman of the Board of Borrower and another Authorized Officer of Borrower, in form and content satisfactory to the Lender in its sole discretion.

  • Not later than 60 days after the last day of each quarter and not later than 90 days after the last day of each Fiscal Year, a certificate (the "Certificate of No Default") of the chief financial officer, controller or chief executive officer of the Borrower certifying that no Default or Event of Default has occurred and is continuing or, if a Default or Event of Default has occurred and is continuing, a statement as to the nature thereof and the action which is proposed to be taken with respect thereto.

  • Section 6.2 Annual Financial Statements and Information; -------------------------------------------- Certificate of No Default..............................

  • Certificate of No Default.......................................................................


More Definitions of Certificate of No Default

Certificate of No Default means that certificate required by Section 7.2.4 hereof, in the form and substance of Exhibit 1.13 hereto.
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Certificate of No Default means a certificate executed by the Chairman of the Board of Borrower and another Authorized Officer of Borrower in form and substance acceptable to Lender certifying to Lender that no Event of Default exists and no event has occurred and condition exists which, with the lapse of time or notice or both, could become an Event of Default.
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Related to Certificate of No Default

  • Certificate of noncompliance means a document known as a certificate of noncompliance which is provided by the centralized collection unit of the department of revenue certifying that the named applicant or licensee has an outstanding liability placed with the unit and has not entered into an approved payment plan to pay the liability.

  • Certificate of Amendment means the Certificate of Amendment to Amended and Restated Certificate of Incorporation of the Company, substantially in the form attached to this Agreement as Exhibit A.

  • Certificate of Compliance means the certificate referred to in Section 3.03 of the Servicing Agreement and substantially in the form of Exhibit E to the Servicing Agreement.

  • Certificate of Coverage means a written certification provided by any source that offers medical care coverage, including the Plan, for the purpose of confirming the duration and type of an individual’s previous coverage.

  • Certificate of Conversion means the Certificate of Conversion to Limited Liability Company of the Corporation to the Company as filed in the office of the Secretary of State of the State of Delaware pursuant to the Delaware Act.