Common use of Management Report Clause in Contracts

Management Report. Together with each delivery of financial statements of Borrower and its Subsidiaries pursuant to subdivisions (A) and (B) of this subsection 5.1, Borrower will deliver a management report: (i) describing the operations and financial condition of Borrower and its Subsidiaries for the month then ended and the portion of the current Fiscal Year then elapsed (or for the Fiscal Year then ended in the case of year-end financials); (ii) setting forth in comparative form the corresponding figures for the corresponding periods of the previous Fiscal Year and the corresponding figures from the most recent Projections for the current Fiscal Year delivered to Lenders pursuant to 5.1(P); and (iii) discussing the reasons for any significant variations. The information above shall be presented in reasonable detail and shall be certified by the chief financial officer of Borrower to the effect that such information fairly presents the results of operations and financial condition of Borrower and its Subsidiaries as at the dates and for the periods indicated.

Management Report. Together with each delivery of financial ----------------- statements of Borrower and its Subsidiaries pursuant to subdivisions (A), (B) and (BC) of this subsection 5.1, Borrower will deliver a management report: (i1) -------------- describing the operations and financial condition of Borrower and its Subsidiaries for the month then ended and the portion of the current Fiscal Year then elapsed (or for the Fiscal Year then ended in the case of year-end financials); (ii2) setting forth in comparative form the corresponding figures for the corresponding periods of the previous Fiscal Year and the corresponding figures from the most recent Projections for the current Fiscal Year delivered to Lenders pursuant to 5.1(P); and (iii3) discussing the reasons for any significant variations. The information above shall be presented in reasonable detail and shall be certified by the chief financial officer of Borrower to the effect that such information fairly presents the results of operations and financial condition of Borrower and its Subsidiaries as at the dates and for the periods indicated.

Management Report. Together with each delivery of financial statements of Borrower and its Subsidiaries pursuant to subdivisions paragraphs (A) and (B) of this subsection 5.1above, Borrower will deliver a management report: report (ito the extent provided to Borrower): (1) describing the operations and financial condition of Borrower and its Subsidiaries for the month then ended and the portion of the current Fiscal Year then elapsed (or for the Fiscal Year then ended in the case of year-end financials)elapsed; (ii2) setting forth in comparative form the corresponding figures for the corresponding periods of the previous Fiscal Year and the corresponding figures from the most recent Projections for the current Fiscal Year delivered to Lenders pursuant to 5.1(P)paragraph (L) below; and (iii3) discussing the reasons for any significant variations. The information above shall be presented in reasonable detail and shall be certified by the chief financial officer of Borrower to the effect that such information fairly presents the results of operations and financial condition of Borrower and its Subsidiaries as at the dates and for the periods indicated.

Management Report. Together with each delivery of financial ----------------- statements of Borrower Borrowers and its their Subsidiaries pursuant to subdivisions paragraphs (A) and (BC) of this subsection 5.1above, Borrower Representative will deliver a management report: (i1) describing the operations and financial condition of Borrower Borrowers and its their Subsidiaries for the month then ended and the portion of the current Fiscal Year then elapsed (or for the Fiscal Year then ended in the case of year-end financials)elapsed; (ii2) setting forth in comparative form the corresponding figures for the corresponding periods of the previous Fiscal Year and the corresponding figures from the most recent Projections for the current Fiscal Year delivered to Lenders pursuant to 5.1(P)paragraph (L) below; and (iii3) discussing the reasons for any significant variations. The information above shall be presented in reasonable detail and shall be certified by the chief financial officer of Borrower Representative to the effect that such information fairly presents the results of operations and financial condition of Borrower Borrowers and its their Subsidiaries as at the dates and for the periods indicated.

Management Report. Together with each delivery of financial statements of Borrower Borrowers and its their Subsidiaries pursuant to subdivisions subparts (A) and (BC) of this subsection 5.1Annex B, Borrower Representative will deliver a management report: report (i1) describing the operations and financial condition of Borrower and its Subsidiaries the Loan Parties for the month then ended and the portion of the current Fiscal Year then elapsed (or for the Fiscal Year then ended in the case of year-end financials); (ii2) setting forth in comparative form the corresponding figures for the corresponding periods of the previous Fiscal Year and the corresponding figures from the most recent Projections for the current Fiscal Year delivered to Lenders Lender pursuant to 5.1(P)subpart (Q) of this Annex B; and (iii3) discussing the reasons for any significant variations. The information above shall be presented in reasonable detail and shall be certified by the chief financial officer of Borrower Representative to the effect that such information fairly presents the results of operations and financial condition of Borrower and its Subsidiaries the Loan Parties as at the dates and for the periods indicated.

Management Report. Together with each delivery of financial statements of Borrower and its Subsidiaries pursuant to subdivisions (A), (B) and (BC) of this subsection 5.1, Borrower will deliver a management report: (i1) describing the operations and financial condition of Borrower and its Subsidiaries for the month then ended and the portion of the current Fiscal Year then elapsed (or for the Fiscal Year then ended in the case of year-end financials); (ii2) setting forth in comparative form the corresponding figures for the corresponding periods of the previous Fiscal Year and the corresponding figures from the most recent Projections for the current Fiscal Year delivered to Lenders pursuant to 5.1(P); and (iii3) discussing the reasons for any significant variations. The information above shall be presented in reasonable detail and shall be certified by the chief financial officer of Borrower to the effect that such information fairly presents the results of operations and financial condition of Borrower and its Subsidiaries as at the dates and for the periods indicated.

Management Report. Together with each delivery of ----------------- financial statements of Holdings, Borrower and its their respective Subsidiaries pursuant to subdivisions (A), (B) and (BC) of this subsection 5.1, Borrower will deliver a management report: (i1) -------------- describing the operations and financial condition of Borrower each Loan Party and its respective Subsidiaries for the month then ended and the portion of the current Fiscal Year then elapsed (or for the Fiscal Year then ended in the case of year-end financials); (ii2) setting forth in comparative form the corresponding figures for the corresponding periods of the previous Fiscal Year and the corresponding figures from the most recent Projections for the current Fiscal Year delivered to Lenders pursuant to 5.1(P); subsection 5.1(L) and (iii3) discussing the reasons ----------------- for any significant variations. The information above shall be presented in reasonable detail and shall be certified by the chief financial officer of Borrower Holdings and Borrowers or Target, as applicable, to the effect that such information fairly presents the results of operations and financial condition of Holdings, Borrower and their respective Subsidiaries (other than Target and its Subsidiaries Subsidiaries) and of Target and its Subsidiaries, as applicable, as at the dates and for the periods indicated.

Management Report. Together with each delivery of financial ----------------- statements of Borrower and its Subsidiaries pursuant to subdivisions (A), (B) and (BC) of this subsection 5.1, -------------- Borrower will deliver a management report: (i1) describing the operations and financial condition of Borrower and its Subsidiaries for the month then ended and the portion of the current Fiscal Year then elapsed (or for the Fiscal Year then ended in the case of year-end financials); (ii2) setting forth in comparative form the corresponding figures for the corresponding periods of the previous Fiscal Year and the corresponding figures from the most recent Projections for the current Fiscal Year delivered to Lenders pursuant to 5.1(P); and (iii3) discussing the reasons for any significant variations. The information above shall be presented in reasonable detail and shall be certified by the chief financial officer of Borrower to the effect that such information fairly presents the results of operations and financial condition of Borrower and its Subsidiaries as at the dates and for the periods indicated.

Management Report. Together with each delivery of financial statements of Borrower and its Subsidiaries pursuant to subdivisions (A) and (B) of this subsection 5.1, Borrower will deliver a management report: (i1) describing the operations and financial condition of Borrower and its Subsidiaries for the month period then ended and the portion of the current Fiscal Year fiscal year then elapsed (or for the Fiscal Year then ended in the case of year-end financials); (ii2) setting forth in comparative form the corresponding figures for the corresponding periods of the previous Fiscal Year and the corresponding figures from the most recent Projections for the current Fiscal Year delivered to Lenders Lender pursuant to 5.1(P5.1(G), if any; and (iii3) discussing the reasons for any significant variations. The information above shall be presented in reasonable detail and shall be certified by the chief financial officer of Borrower to the effect that such information fairly presents the results of operations and financial condition of Borrower and its Subsidiaries as at the dates and for the periods indicated.

Management Report. Together with each delivery of ----------------- financial statements of Borrower Holdings, Borrowers and its their respective Subsidiaries pursuant to subdivisions (Asubsections 4.7(A), 4.7(B) and (B) of this subsection 5.1C), Borrower ---------------------------------- Borrowers will deliver a management report: report (i1) describing the operations and financial condition of Borrower Holdings, Borrowers and its their respective Subsidiaries for the month Fiscal Quarter then ended and the portion of the current Fiscal Year then elapsed (or for the Fiscal Year then ended in the case of year-end financials); , (ii2) setting forth in comparative form the corresponding figures for the corresponding periods of the previous Fiscal Year and the corresponding figures from the most recent Projections for the current Fiscal Year delivered to Lenders pursuant to 5.1(Psubsection 4.7(J); , and ----------------- (iii3) discussing the reasons for any significant variations. The information above shall be presented in reasonable detail and shall be certified by the chief financial officer of Holdings and each Borrower to the effect that such information fairly presents the results of operations and financial condition of Borrower Holdings, Borrowers and its their respective Subsidiaries as at the dates and for the periods indicated.