Common use of Informational Covenant Clause in Contracts

Informational Covenant. Within sixty (60) calendar days after the end of the Company's fiscal year, the Company will furnish or cause to be furnished to Purchaser information required by the SBA concerning the economic impact of Purchaser's investment, for (or as of the end of) each fiscal year, including but not limited to: (i) board minutes, (ii) information concerning full-time equivalent employees, (iii) federal, state and local income taxes paid, (iv) gross revenue, (v) source of revenue growth, (vi) after-tax profit and loss, and (vii) and federal, state and local income tax withholding. Such information shall be forwarded by the Company on a form provided by Purchaser. The Company also will furnish or cause to be furnished to Purchaser such other information regarding the business, affairs and condition of the Company as Purchaser may from time to time reasonably request.

Appears in 5 contracts

Samples: Securities Purchase Agreement (Rapid Link Inc), Securities Purchase Agreement (Rapid Link Inc), Securities Purchase Agreement (AFG Enterprises USA, Inc.)

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Informational Covenant. Within sixty (60) calendar days after the end of the Company's fiscal year, the Company will furnish or cause to be furnished to Purchaser Trident information required by the SBA concerning the economic impact of PurchaserTrident's investment, for (or as of the end of) each fiscal year, including but not limited to: (i) board minutes, (ii) information concerning full-time equivalent employees, (iii) federal, state and local income taxes paid, (iv) gross revenue, (v) source of revenue growth, (vi) after-tax profit and loss, and (vii) and federal, state and local income tax withholding. Such information shall be forwarded by the Company on a form provided by PurchaserTrident. The Company also will furnish or cause to be furnished to Purchaser Trident such other information regarding the business, affairs and condition of the Company as Purchaser Trident may from time to time reasonably request.

Appears in 1 contract

Samples: Securities Purchase Agreement (Intrac Inc)

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Informational Covenant. Within sixty (60) calendar days after the end of the Company's ’s fiscal year, the Company will furnish or cause to be furnished to Purchaser Trident information required by the SBA concerning the economic impact of Purchaser's Trident’s investment, for (or as of the end of) each fiscal year, including but not limited to: (i) board minutes, (ii) information concerning full-time equivalent employees, (iii) federal, state and local income taxes paid, (iv) gross revenue, (v) source of revenue growth, (vi) after-tax profit and loss, and (vii) and federal, state and local income tax withholding. Such information shall be forwarded by the Company on a form provided by PurchaserTrident. The Company also will furnish or cause to be furnished to Purchaser Trident such other information regarding the business, affairs and condition of the Company as Purchaser Trident may from time to time reasonably request.

Appears in 1 contract

Samples: Securities Purchase Agreement (Zone Mining LTD)

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