Common use of Federal Contracts Clause in Contracts

Federal Contracts. The Debtor shall provide to the Agent, as soon as reasonably practicable but not later than forty-five (45) days following the end of each Fiscal Quarter, a report identifying each Federal Contract to which it is a party, having attached thereto a copy of the first two pages of such Federal Contract and any amendment thereto, to the extent not previously provided to the Agent. At the request of the Agent (unless an Event of Default shall have occurred and be continuing, in which case no such request shall be required), the Debtor shall execute and deliver to the Agent an Assignment of Federal Contract, in substantially the form of Exhibit A hereto (the "Assignment of Federal Contract"), and execute any other instruments or take any other steps required by the Agent in order that all moneys due or to become due under such Federal Contracts shall be assigned to the Agent and notice thereof given under the Assignment of Claims Act, including without limitation delivery of Notices of Assignments with respect to each Federal Contract as contemplated by Appendix A to Exhibit A hereto.