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In addition, from the date hereof through the Closing Date, the Seller Parties shall cause the Companies to file each annual statement and quarterly statement required to be filed by the Companies with the NYDFS during such period (including the annual statement that includes the audited statutory financial statements of the Companies prepared in accordance with SAP as of and for the year ended December 31, 2020) and shall promptly furnish to Buyer a copy of each such filed statement. Any statements delivered pursuant to the immediately preceding sentence shall be prepared in a manner consistent with SAP.", "hash": "94b699c32b36597533ccc2df0e61bf59", "id": 3}, {"snippet_links": [{"key": "the-agreement", "type": "clause", "offset": [18, 31]}, {"key": "is-amended-to-read", "type": "clause", "offset": [32, 50]}], "samples": [{"hash": "cBlrG5AFkw", "uri": "/contracts/cBlrG5AFkw#interim-reporting", "label": "Loan Modification Agreement (Craft Brewers Alliance, Inc.)", "score": 21.0, "published": true}], "size": 1, "snippet": "Section 9.2(b) of the Agreement is amended to read as follows:", "hash": "8ce2e9c3ad04ddccc1ccbdb1685a9046", "id": 4}, {"snippet_links": [{"key": "replaced-with", "type": "clause", "offset": [46, 59]}], "samples": [{"hash": "5sEWXWRhYs7", "uri": "/contracts/5sEWXWRhYs7#interim-reporting", "label": "Credit Agreement (Davel Communications Inc)", "score": 18.0, "published": true}], "size": 1, "snippet": "SECTION 7.1(B) is deleted in its entirety and 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"children": [["meetings-of-partners", "Meetings of Partners"], ["chairman", "Chairman"], ["notice", "Notice"]], "size": 20, "title": "Interim Reporting", "id": "interim-reporting", "related": [["monthly-reporting", "Monthly Reporting", "Monthly Reporting"], ["commission-reporting", "Commission Reporting", "Commission Reporting"], ["management-reporting", "Management Reporting", "Management Reporting"], ["periodic-reporting", "Periodic Reporting", "Periodic Reporting"], ["rule-144-reporting", "Rule 144 Reporting", "Rule 144 Reporting"]], "related_snippets": [], "updated": "2025-07-07T12:37:53+00:00", "also_ask": ["What minimum reporting standards should be mandated to ensure accountability?", "How can interim reporting obligations be leveraged for early issue detection?", "What are the risks if reporting intervals or content are vaguely defined?", "How do interim reporting requirements compare across similar contracts or jurisdictions?", "What factors determine if a court will enforce or excuse non-compliance with interim reporting?"], "drafting_tip": "Specify reporting frequency and content to ensure clarity; set deadlines to promote timely compliance; identify responsible parties to assign accountability.", "explanation": "The Interim Reporting clause requires parties to provide periodic updates or reports on the progress of work or fulfillment of obligations during the term of an agreement. Typically, this involves submitting written summaries, data, or status updates at specified intervals, such as monthly or quarterly, to keep all parties informed of ongoing developments. By mandating regular communication, the clause ensures transparency, enables early identification of issues, and helps maintain accountability throughout the duration of the contract."}, "json": true, "cursor": ""}}