Assets Reports Sample Clauses
The 'Assets Reports' clause requires one party to provide regular or periodic reports detailing the status, value, or condition of specified assets. These reports may include inventories, appraisals, or financial summaries, and are typically submitted at agreed intervals or upon request. By mandating the provision of such information, the clause ensures transparency and enables the other party to monitor and verify the assets, thereby reducing the risk of mismanagement or loss.
Assets Reports. As soon as available and in any event within (i) 45 days after the end of each of the first three quarters of each Fiscal Year and (ii) 90 days after the end of the fourth quarter of each Fiscal Year, a report listing and describing (in detail reasonably satisfactory to the Administrative Agent) all Assets of the Parent Guarantor and its Subsidiaries as of the end of such quarter in form and substance reasonably satisfactory to the Administrative Agent.
Assets Reports. The Parent Guarantor or the Issuer shall, as soon as available and in any event within (i) 45 days after the end of each of the first three quarters of each Fiscal Year and (ii) 90 days after the end of the fourth quarter of each Fiscal Year, deliver to the Applicable Parties a report listing and describing (in detail reasonably satisfactory to the Controlling Party) all Assets of the Parent Guarantor and its Subsidiaries as of the end of such quarter in form and substance reasonably satisfactory to the Controlling Party.