Common use of Job Creation Documentation Clause in Contracts

Job Creation Documentation. The Borrower shall submit to the city a written report by January 15 of each year and shall terminate on the Compliance Date if the Borrower is not then in breach of Section 7, on forms provided by the City. This information shall be provided by the Borrower and must include at a minimum: (a) the number of New Jobs created and the dates on which each were created and filled; and (b) the job title, wages, benefits and hourly value of such benefits for each New Job.

Appears in 2 contracts

Sources: Loan Agreement, Loan Agreement (Biovest International Inc)