Common use of Budgets, Forecasts, Other Reports and Information Clause in Contracts

Budgets, Forecasts, Other Reports and Information. Promptly upon their becoming available to any Loan Party: (i) any reports, notices or proxy statements generally distributed by Hovnanian to its stockholders, (ii) regular or periodic reports, including Forms 10-K, 10-Q and 8-K, registration statements and prospectuses, filed by Hovnanian with the SEC, and (iii) such other reports and information as any of the Banks may from time to time reasonably request. The Loan Parties shall also notify the Banks promptly of the enactment or adoption of any Law which could reasonably be expected to constitute a Material Adverse Change. 7.3.8.

Budgets, Forecasts, Other Reports and Information. Promptly upon their becoming available to any Loan Party: (i) any reports, notices or proxy statements generally distributed by Hovnanian to its stockholders, (ii) regular or periodic reports, including Forms 10-K, 10-Q and 8-K, registration statements and prospectuses, filed by Hovnanian with the SEC, and (iii) such other reports and information as any of the Banks Lenders may from time to time reasonably request. The Loan Parties shall also notify the Banks Lenders promptly of the enactment or adoption of any Law which could reasonably be expected to constitute a Material Adverse Change. 7.3.8.