No Default Certificate definition

No Default Certificate means the certificate to be delivered on each Certification Date and duly signed by two Authorised Signatories of the Issuer, certifying that no Event of Default has occurred during that Relevant Period and/or is continuing as of the date of the relevant certificate or (if an Event of Default is continuing) the steps, if any, being taken to remedy it.
View Source
No Default Certificate means a certificate in the form of Exhibit "F" hereto, fully completed and executed by Borrower.
View Source
No Default Certificate means a certificate in the form of Exhibit "M" hereto, fully completed and executed by Borrowers and Parent.
View Source

Examples of No Default Certificate in a sentence

  • Exhibit "V" to the Agreement (No Default Certificate) is amended to conform in its entirety to Annex "A" to this Amendment.

  • Exhibit "I" to the Agreement (No Default Certificate) is amended to conform in its entirety to Annex "A" to this Amendment.

  • Concurrently with the delivery of each of the financial statements referred to in Sections 7.1(a) and 7.1(b), a No Default Certificate as of the date of such financial statements executed by an officer of Borrower acceptable to Lender containing detailed calculations of the covenants contained in Article IX.

  • Together with the financial statements delivered pursuant to Section 7.1(a) and (b), a No Default Certificate as of the last day of the fiscal quarter or year covered by such financial statements, in each case executed by an officer of Parent acceptable to Lender and containing detailed calculations of the covenants contained in Article IX.

  • The most recently delivered No Default Certificate, commencing with the No Default Certificate delivered for the fiscal quarter ending March 31, 2018, contains a list of all of the Proprietary Accounts of Borrower and its Subsidiaries as of the date of such No Default Certificate, and, as of the date of a No Default Certificate, neither Borrower nor any Subsidiary maintains any Proprietary Account which is not listed on such No Default Certificate.


More Definitions of No Default Certificate

No Default Certificate means a certificate by an authorized officer of the Borrower, substantially in the form of Exhibit C hereto.
View Source
No Default Certificate means a certificate in the form of Exhibit "I" hereto, fully completed and executed by Borrowers and Guarantor.
View Source
No Default Certificate means a certificate substantially in form of Appendix V hereto.
View Source
No Default Certificate means a certificate in the form of Exhibit "K", fully completed and executed by Borrower and Parent.
View Source
No Default Certificate means a No Default Certificate substantially in the form of Exhibit B, containing such other information as Agent may reasonably request, and which is signed by Borrower’s president or chief financial officer.
View Source
No Default Certificate means that certain certificate delivered to Bank pursuant to and in accordance with Section 6.1.3 of this Agreement and in the form of the certificate attached hereto as EXHIBIT J.
View Source
No Default Certificate means a certificate attesting that, for the period with respect to which such certificate is being delivered, no Default or Event of Default has occurred and is then continuing, or if such Default or Event of Default is then continuing, a description thereof in reasonable detail, together with a description of the steps the management of Smit▇ ▇▇▇ironmental expects to take in order to remedy such Default or Event of Default. Each No Default Certificate shall include in reasonable detail a calculation of all financial levels,
View Source