First Report Sample Clauses

First Report. While Buyer makes no representation or warranty that the projections contained in the First Report will accurately reflect Buyer's performance, such projections are reasonable and good faith projections of Buyer's assets, liabilities, revenues, income and cash flow during the periods projected. Such projections were prepared in good faith based upon reasonable assumptions as of the date delivered and constitute good faith estimations of the future performance of Buyer based upon its current and proposed future operations as of the date delivered and as of the date hereof.

First Report. The first report described under paragraph (1) submitted after the date of enactment of this Act shall include an adden- dum required under that paragraph that covers the period beginning on the effective date of this Act and ending at the end of the fiscal year in which such effective date occurs.

First Report. The Participant shall give PRISM immediate written notice for any claims or suits which the Participant becomes aware of that include injury of the following types: a. Death b. Paralysis, paraplegia, quadriplegia c. Loss of eye(s), or limbs d. Spinal cord or brain injury e. Dismemberment or amputation f. Sensory organ or nerve injury or neurologicaldeficit g. Serious burns h. Severe scarring i. Sexual assault or battery including but not limited to rape, molestation or sexual abuse j. Substantial disability or disfigurement k. Any class action l. Any claim or suit in which PRISM is named as a defendant; or m. Any injury caused by lead. Additionally, the Participant must report to PRISM an occurrence, offense, or wrongful act as follows: As respect to the General Liability 1 Program Participants, this includes any occurrence, offense, or wrongful act in which the amount incurred has reached 50 percent or more of their individual self-insured retention or $500,000, whichever is lower. As respect to the General Liability 2 Program Participants, this includes any occurrence, offense, or wrongful act in which the amount incurred has reached 50 percent of their individual self-insured retention. Utilize the current First Report Potential Excess Liability Claims form, available through PRISM’s website, and transmit to PRISM by email to ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇. First report forms shall, at a minimum, include the following: • Participant’s name • Participant’s claim number • Defense counsel’s name and firm name • Lead Claimant’s first and last name • Specific date of loss • Brief description of the incident • Established reserves for indemnity, litigation, and expense