Section # Payments and Computations.
[Schedule I] attached hereto sets forth financial data and computations evidencing the Borrower’s compliance with [Section 6.12] of the Agreement, all of which data and computations are true, complete and correct.
[Schedule I] attached hereto sets forth the financial data and computations evidencing IPCC’s compliance with certain covenants of the Agreement, all of which data and computations are true, complete and correct.
Section # Payments and Computations 8788
REQUIRED NOTE ON OUR COMPUTATIONS
The computations set forth in this Certificate are designed to facilitate determinations of compliance with certain provisions in the Credit Agreement. The use of abbreviated terminology and/or descriptions in the computations below are not in any way intended to override or eliminate the more detailed descriptions for such computations set forth in the relevant provisions of the Credit Agreement, all of which shall be deemed to control. In addition, the failure to identify any specific provisions or terms of the Credit Agreement in this Certificate does not in any way affect their applicability during the Accounting Period covered by such financial statements or otherwise, which shall in all cases be governed by the Credit Agreement.
Except as otherwise specifically provided herein, all computations of the Consolidated Interest Coverage Ratio, the Consolidated Total Leverage Ratio and other financial ratios and financial calculations (and all definitions (including accounting terms) used in determining any of the foregoing) and all computations and all definitions (including accounting terms) used in determining compliance with the Financial Covenants shall be calculated, in each case, with respect to the Borrower and the Restricted Subsidiaries on a consolidated basis.
All computations of interest based on the Base Rate shall be made by the Administrative Agent on the basis of a year of 365 or 366 days, as the case may be, and all other computations of interest and of fees shall be made by the Administrative Agent, and all computations of interest pursuant to [Section 2.08] shall be made by a [[Organization B:Organization]], on the basis of a year of 360 days, in each case for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest or fees are payable. Each determination by the Administrative Agent of an interest rate hereunder shall be conclusive and binding for all purposes, absent manifest error.
The foregoing certifications, together with the computations set forth in [Schedule I] hereto and the financial statements delivered with this Certificate in support hereof, are made and delivered .
As required by [Section 7.1(c)] of the Credit Agreement, [Schedule 1] attached hereto sets forth the financial data, computations and information evidencing whether there has been compliance by the Borrowers with the covenants contained in Section 7.2 and [Section 8.7] of the Credit Agreement all of which data, computations and information, to the knowledge and belief of the [Chief Financial Officer] [Chief Executive Officer] executing and delivering this Officer’s Certificate on behalf of the Borrowers, are true, complete and correct.
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