a confirmation signed by the Borrower and delivered to Creditors on fulfilling all conditions and covenants and thus not being in the Default (EoD). This may be required each year as of date of certain anniversary (most likely connected with the date of loan documentation signature).

Compliance certificate is considered as important part of loan documentation, and especially it is common atributte of Syndicated deals, whereas Borrower must comply with certain (financial) covenants and this is the official way how to communicate with all Creditors, whether these covenants have been met or not.