Common use of Reporting Obligation Clause in Contracts

Reporting Obligation. Schedule 6 Reporting 1.1 PLAE shall provide a quarterly report ("Quarterly Report") to PLL in relation to the period to each Quarter Date or as soon as reasonably practicable following each Quarter Date or such other date as the parties may agree in writing from time to time. Each Quarterly Report shall include all Notifiable Matters in respect of the relevant period and shall be substantially in the form of the template report set out in Annex 1 to this Schedule or such other format as the parties may agree in writing from time to time. 1.2 Pursuant to the terms of the Collateral Process Agreement, PLL shall procure that written information is provided to or available to PLAE on a quarterly basis setting out, in reasonable detail, the nature and composition of the Posted Collateral (as defined in Schedule 7 (Collateral)).