Financial and Collateral Reports Sample Clauses

Financial and Collateral Reports. Borrower has kept and will keep adequate records and books of account with respect to its business activities and the Collateral in which proper entries are made in accordance with GAAP reflecting all its financial transactions, and will cause to be prepared and furnished to Lender the following (all to be prepared in accordance with GAAP, unless Borrower's certified public accountants concur in any change therein and such change is disclosed to Lender):
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Financial and Collateral Reports. Each Borrower has kept and will keep adequate records and books of account with respect to its business and financial activities and the Collateral in which proper entries are made reflecting all its financial transactions (and Xxxxxxxxx Xxxxxxxx Credit II, L.L.C. Loan and Security Agreement which entries with respect to Wave2Wave are made in accordance with GAAP), and will cause to be prepared and furnished to Lender the following (all to be prepared in accordance with GAAP, unless such Borrower’s certified public accountants concur in any change therein and such change is disclosed to Lender):
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Financial and Collateral Reports. The following supporting documentation shall be provided for, and concurrently with, each Borrowing Base Certificate delivered under the Credit Agreement (which supporting documentation can be provided electronically): POLYMER GROUP, INC. and its Restricted Subsidiaries: • Month-end A/R summary aging • Reconciliation of A/R aging to GL • A/R Rollforward • Reconciliation of Inventory Perpetual to GL Month-end General Ledger Schedule 6.13(d) Post-Closing Matters Owner Address Uses Chicopee, Inc. 0000 X. Xxxxxxxx Xxxx Manufacturing, Warehousing and Research Xxxxxx, XX 00000 and Development Chicopee, Inc. 000 Xxxxxxxxxx Xxx Manufacturing, Warehousing and Research Mooresville, NC and Development Chicopee, Inc. 0000 Xxxxxxxxxx Xxxxxxx Xxxxx Manufacturing, Warehousing and Research Xxxxxxxxxx, XX 00000 and Development All Mortgages and Deposit Account Control Agreements listed on Schedule 1.01B. Pledged stock certificates representing the Equity Interests of any Loan Party in Chicopee Asia, Limited, Bonlam S.A. de C.V., Chicopee Holdings B.V., Dominion Textile Mauritius Inc. and PGI Nonwovens Mauritius, Ltd. to be delivered to the Noteholder Collateral Agent (as defined in the Intercreditor Agreement) within 45 days of the Closing Date (or such later date as agreed to by the Collateral Agent in its sole discretion in writing), to the extent (x) such ownership interests are certificated, and (y) applicable local laws governing such entities permit the delivery of such certificates to the Noteholder Collateral Agent in the jurisdiction where the Noteholder Collateral Agent intends to hold such certificates. Promissory notes to be delivered to the Noteholder Collateral Agent (as defined in the Intercreditor Agreement) within 21 days after the Closing Date (or such later date as agreed to by the Collateral Agent in its sole discretion in writing): • Promissory Note having an outstanding amount of $6,252,523 (€4,674,783) as of January 1, 2011, by PGI Neunkirchen, GMBH as debtor. • Promissory Note having an outstanding amount of $5,869,851 as of January 1, 2011, by Dominion Textile Mauritius Inc. as debtor. • Promissory Note having an outstanding amount of $37,000,000 as of January 25, 2011, by Chicopee Holdings BV as debtor. • Promissory Note having an outstanding amount of $10,815,714.94 as of January 28, 2011, by Bonlam SA de CV as debtor. Schedule 7.01(c) Existing Liens Factoring Agreement among The CIT Group/Commercial Services, Inc., as factor, and POLYMER GROUP, ...
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Financial and Collateral Reports. Section 5.13 is amended by adding the following paragraph (h) thereto:
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Financial and Collateral Reports. Provide the Administrative Agent (and if so requested by the Administrative Agent, with copies for each Lender) with each of the documents set forth below at the following times in each case, in form and substance satisfactory to the Administrative Agent:
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Financial and Collateral Reports. Reporting Requirements
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Financial and Collateral Reports. Borrower has kept and will keep adequate records and books of account with respect to its business activities and the Collateral in which proper entries are made in accordance with GAAP reflecting all its financial transactions, and will cause to be prepared and furnished to Lender the following (all to be prepared in accordance with GAAP, unless Borrower's certified public accountants concur in any change therein and such change is disclosed to Lender, and PROVIDED that financial statements delivered to Lender under Section 5.13(c) may be subject to year-end adjustments and need not contain notes):
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Financial and Collateral Reports. Borrower shall, and shall cause each of its Material Subsidiaries to, maintain a system of accounting in accordance with GAAP and shall furnish to the Administrative Agent, each Lender, each Issuing Lender and each of their duly authorized representatives such information respecting the business and financial condition of Borrower and its Subsidiaries as the Administrative Agent, such Lender or such Issuing Lender may reasonably request (it being understood that the Borrower and its Subsidiaries shall not be required to provide consolidating statements in respect of their operations); and without any request, shall furnish to the Administrative Agent for distribution to the Lenders and Issuing Lender:
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Financial and Collateral Reports. Each Credit Party has kept and Borrower will, and will cause each other Credit Party to, keep adequate records and books of account with respect to its business activities and the Collateral in which proper entries are made in accordance with GAAP reflecting all its financial transactions, and will cause to be prepared and furnished to Lender the following (all to be prepared in accordance with GAAP, unless such Credit Party's certified public accountants concur in any change therein and such change is disclosed to Agent):
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Related to Financial and Collateral Reports

  • Collateral Reports Borrower shall deliver or cause to be delivered the following:

  • Collateral Reporting (a) Borrowers shall provide Agent with the following documents in a form satisfactory to Agent:

  • Additional Collateral and Guaranties To the extent not delivered to the Administrative Agent on or before the Closing Date (including in respect of after-acquired property and Persons that become Subsidiaries of any Loan Party after the Closing Date), each Group Member shall, promptly, do each of the following, unless otherwise agreed by the Administrative Agent:

  • Guarantor Reports Cause any guarantor of any of the Obligations to deliver its annual financial statements at the time when Borrower provides its audited financial statements to Foothill and copies of all federal income tax returns as soon as the same are available and in any event no later than 30 days after the same are required to be filed by law.

  • Additional Reports Upon ADMINISTRATOR’s request, CONTRACTOR shall make such additional reports as required by ADMINISTRATOR concerning CONTRACTOR's activities as they affect the services hereunder. ADMINISTRATOR shall be specific as to the nature of information requested and allow up to thirty (30) calendar days for CONTRACTOR to respond.

  • DESCRIPTION OF COLLATERAL AND GUARANTIES Repayment of the Indebtedness is secured by the Collateral as described in the Loan Agreement. Hereinafter, the above-described security documents and guaranties, together with all other documents securing repayment of the Indebtedness shall be referred to as the "Security Documents". Hereinafter, the Security Documents, together with all other documents evidencing or securing the Indebtedness shall be referred to as the "Existing Loan Documents".

  • Periodic Reporting Obligations During the Prospectus Delivery Period, the Company will duly file, on a timely basis, with the Commission and the Trading Market all reports and documents required to be filed under the Exchange Act within the time periods and in the manner required by the Exchange Act.

  • CREDIT AND COLLATERAL REQUIREMENTS The applicable credit and collateral requirements are specified on the Cover Sheet.

  • Collateral and Guarantee Matters Lenders irrevocably authorize Agent, at its option and in its discretion, (a) to release any Lien granted to or held by Agent under any Collateral Document (i) when all Obligations have been Paid in Full; (ii) constituting property sold or to be sold or disposed of as part of or in connection with any sale or other disposition permitted hereunder (including by consent, waiver or amendment and it being agreed and understood that Agent may conclusively rely without further inquiry on a certificate of an officer of Borrower as to the sale or other disposition of property being made in compliance with this Agreement); or (iii) subject to Section 10.1, if approved, authorized or ratified in writing by Required Lenders; (b) notwithstanding Section 10.1(a)(ii) hereof to release any party from its guaranty under the Guarantee and Collateral Agreement (i) when all Obligations have been Paid in Full or (ii) if such party was sold or is to be sold or disposed of as part of or in connection with any disposition permitted hereunder (including by consent, waiver or amendment and it being agreed and understood that Agent may conclusively rely without further inquiry on a certificate of an officer of Borrower as to the sale or other disposition being made in compliance with this Agreement); or (c) to subordinate its interest in any Collateral to any holder of a Lien on such Collateral which is permitted by Section 7.2(d) (it being understood that Agent may conclusively rely on a certificate from Borrower in determining whether the Debt secured by any such Lien is permitted by Section 7.1(b)). Upon request by Agent at any time, Lenders will confirm in writing Agent’s authority to release, or subordinate its interest in, particular types or items of Collateral pursuant to this Section 9.10. Agent shall release any Lien granted to or held by Agent under any Collateral Document (i) when all Obligations have been Paid in Full, (ii) in respect of property sold or to be sold or disposed of as part of or in connection with any sale or other disposition permitted hereunder (it being agreed and understood that Agent may conclusively rely without further inquiry on a certificate of an officer of Borrower as to the sale or other disposition of property being made in compliance with this Agreement) or (iii) subject to Section 10.1, if directed to do so in writing by Required Lenders. In furtherance of the foregoing, Agent agrees to execute and deliver to Borrower, at Borrower’s expense, such termination and release documentation as Borrower may reasonably request to evidence a Lien release that occurs pursuant to terms of this Section 9.10.

  • Management Reports Promptly upon receipt thereof, copies of all detailed financial and management reports submitted to the Company by independent auditors in connection with each annual or interim audit made by such auditors of the books of the Company.

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