K Report Sample Clauses
The "K Report" clause establishes the requirement for a specific report, often referred to as the "K Report," to be prepared and delivered as part of the contractual obligations. Typically, this report contains key information or data relevant to the contract, such as progress updates, compliance status, or financial summaries, and must be submitted at defined intervals or upon request. By mandating the preparation and delivery of the K Report, the clause ensures transparency and keeps all parties informed, thereby facilitating oversight and accountability throughout the duration of the agreement.
K Report. The report of the Company and its Subsidiaries filed annually ----------- on Form 10-K with the Securities and Exchange Commission.
K Report. Sellers shall in a prompt and timely manner both before and after the Closing provide Buyer with all annual and interim financial information relating to the Business as may be requested by Buyer in order for Buyer to comply with its reporting and disclosure obligations under the Federal securities laws covered by, and in accordance with the requirements of, SEC Regulation S-X and Form 8-K (the "Reporting Requirements"), in connection with Buyer's preparation of and so as to enable Buyer to timely file Buyer's Current Report on Form 8-K, and any amendments thereto, regarding the Closing, and the audit, by Buyer's regularly retained accounting firm ("Buyer's Accountant"), of all financial statements relating to the Business as shall be required to be included in said Current Report on Form 8-K and/or any such amendment (the "8-K Financials"); provided that such financial information shall, prior to the Closing, be held confidential by Buyer consistent with Section 6.3.1 hereof. Sellers shall in a prompt and timely manner provide Buyer's Accountant with such management representations as may be requested by Buyer's Accountant in connection with its preparation of any financial statements for the Business relating to such Current Report on Form 8-K. Without limiting the generality of the foregoing, Sellers shall cause their respective chief financial officers and other executive officers to promptly prepare, execute and deliver to Buyer's Accountant all management representation letters and other certificates as shall be requested by Buyer's Accountant, consistent with generally accepted auditing standards, to support, and enable Buyer's Accountant to complete in a timely manner (in accordance with the Reporting Requirements) its audit of, and to promptly provide the certification and report of Buyer's Accountant of, the 8-K Financials (in accordance with the Reporting Requirements). All fees and charges of Buyer's Accountant in connection the above shall be borne by Buyer.
K Report. The Company shall have furnished the Issuer and the Merger Sub with a draft of a report on Form 8-K which includes pro forma and audited financial statements all in compliance with applicable rules promulgated by the Securities and Exchange Commission and shall deliver to the Issuer reasonable assurances that, following the change in control of the Issuer, such report will be filed in accordance with applicable regulations; and all information in the Form 8-K report to be filed is true in all material respects and the Company has not omitted to state any material fact necessary in order to make the statements made therein, in light of the circumstances in which they were made, not misleading.
K Report. The Sellers shall in a prompt and timely manner before the Closing provide the Purchaser with all annual and interim financial information relating to the business of the Company as may be reasonably requested by the Purchaser (and to the extent any such information is within their control, the Sellers shall provide the Purchaser such information after the Closing) in order for the Purchaser to comply with its reporting and disclosure obligations under the Federal securities laws covered by, and in accordance with the requirements of, Securities and Exchange Commission Regulation S-X and Form 8-K, in connection with the Purchaser's preparation of and so as to enable the Purchaser to timely file the Purchaser’s Current Report on Form 8-K, and any amendments thereto, regarding the Closing, and the review, by the Purchaser’s regularly retained accounting firm (the “Purchaser’s Accountant”), of all financial statements relating to the Company as shall be required to be included in said Current Report on Form 8-K and/or any such amendment; provided that such financial information shall, prior to the Closing, be held confidential by the Purchaser. The Sellers shall in a prompt and timely manner provide the Purchaser’s Accountant with such management representations as may be requested by the Purchaser’s Accountant in connection with its preparation of any financial statements for the Company relating to such Current Report on Form 8-K.