Common use of Each Obligor Clause in Contracts

Each Obligor. (i) shall furnish to the Owner Participant promptly after learning of the occurrence of any Event of Default or Event of Loss, telecopy, cable or other written notice thereof; (ii) shall furnish to the Initial Owner Participant promptly after the sending or filing thereof, at any time when the stock of such Obligor shall be publicly traded, copies of all reports which such Obligor sends to any of its security holders, and copies of all reports and registration statements which such Obligor files with the Securities and Exchange Commission or any national securities exchange; and (iii) shall furnish to the Initial Owner Participant forthwith upon the request of the Initial Owner Participant, such other information respecting the financial condition and operations of such Obligor as the Initial Owner Participant may from time to time reasonably request.

Appears in 2 contracts

Sources: Agreement to Acquire and Charter (Tampa Electric Co), Agreement to Acquire and Charter (Teco Energy Inc)