Common use of Certain Additional Information Clause in Contracts

Certain Additional Information. So long as the Buyer shall hold any Note, the Company will deliver to the Buyer, in duplicate: Together with each delivery of financial statements required by Paragraphs 5A(a), (b), (c) and (d), as applicable above, the Company will deliver to the Buyer an Officer's Certificate stating that during the period covered by the most recent statement of income delivered to the Buyer no Event of Default or Default has occurred, or, if such has occurred, specifying the nature and status thereof, the period of existence thereof and what action the Company has taken or proposes to take with respect thereto. The financial statements required to be delivered by clause 5A(d) above shall also be accompanied by a written statement of the independent public accountants who certify such financial statements to the effect that, in the course of the examination upon which their certification was based, they have obtained no knowledge of any Event of Default or Default insofar as any such Event of Default or Default relates to any financial matters, or, if they have obtained knowledge of any such failure, specifying the nature and period of existence thereof. Forthwith upon the Chairman of the Board or any officer of the Company obtaining knowledge of an Event of Default or Default, the Company will deliver to the Buyer an Officer's Certificate specifying the nature thereof, the period of existence thereof and what action the Company proposes to take with respect thereto.