Reporting, Access and Reserves Sample Clauses

Reporting, Access and Reserves. Debtor shall provide monthly reportings to Secured Party by the fifth (5th) day of each calendar month, to include all then-current inventory, receivables and cash deposits. Additionally, Debtor shall provide Lender access to any and all financial statements, pertinent bank accounts and filesharing platforms of Debtor as Secured Party requires, from time to time, in its sole reasonable determination; it being an express intent of this provision to: (a) provide real-time access to all of Debtor’s transactions that have closed and that are in process; and (b) to facilitate Secured Party’s fluid determination as to the financial conditions of Debtor. It is expressly agreed by the parties hereto that Secured Party’s decision not to strictly enforce the requirements under this Section 2.2, from time to time, shall not serve as a waiver of Debtor’s obligation to satisfy said requirements.