Reporting Requirements; Notices Clause Samples
The "Reporting Requirements; Notices" clause establishes the obligations of parties to provide regular updates, disclosures, or specific information to each other, as well as the procedures for delivering formal communications. Typically, this clause outlines what types of reports must be submitted, the frequency or timing of such reports, and the acceptable methods for sending official notices, such as by email or certified mail. Its core practical function is to ensure transparency and accountability between parties, while also providing a clear process for communication to prevent misunderstandings or disputes.
Reporting Requirements; Notices. The Borrower shall deliver or cause to be delivered to the Administrative Agent on behalf of the Lenders the following (in a sufficient number of copies to permit distribution to each Lender):
Reporting Requirements; Notices. The Borrower shall deliver or cause to be delivered to the Administrative Agent on behalf of the Lenders the following (in a sufficient number of copies to permit distribution to each Lender):
(a) Approved Annual Operating Business Plan. No later than 15 days prior to (or 31 days after, with respect to fiscal years 1998 and 1999) the end of each fiscal year of the Borrower and until the first fiscal year ending after the date on which EBITDA is greater than zero for two successive fiscal quarters, a proposed annual operating business plan containing the statements listed in items (i) through (vi) in this paragraph and the exhibits contained in the annual operating business plan delivered pursuant to Section 8.12 for the next-succeeding fiscal year. The proposed annual operating business plan shall contain:
(i) internally prepared statements of income and expense of the Borrower and its Subsidiaries in reasonable detail for the applicable period prepared in all material aspects in accordance with GAAP (except for the absence of footnotes),
(ii) a schedule of all Capital Expenditures estimated to be made during the period,
(iii) a statement of the amounts and times by which the Borrower and its Subsidiaries need to raise additional capital to meet their obligations when due during the period,
(iv) projected balance sheets of the Borrower and its Subsidiaries,
(v) projected cash flow statements of the Borrower and its Subsidiaries, and
(vi) a statement listing material assumptions which formed the basis for (i) through (v), each together with supporting schedules in sufficient detail as needed and in all material aspects in accordance with the Approved Annual Operating Business Plan delivered pursuant to Section 8.12 and on a consistent basis.
Reporting Requirements; Notices. 90 6.15. Financial Covenants of the Borrower..................... 98 6.16. Certified Copies of Insurance Policies.................. 101 6.17. Mortgage Liens.......................................... 101 6.18. New Subsidiaries........................................ 101 6.19. Purchases of Ericsson Equipment......................... 102 6.20. C-Block Subsidiaries and D-, E- and F-Block Subsidiaries............................................ 102 6.21. Post-Closing Requirements............................... 102
Reporting Requirements; Notices. 65 SECTION 8.3. Financial Covenants of the Borrower.................. 73
Reporting Requirements; Notices. 55 6.15. Financial Covenants of the Borrower......................... 60 6.16. Certified Copies of Insurance Policies...................... 62 6.17. Mortgage Liens.............................................. 62
Reporting Requirements; Notices. Borrower shall deliver or cause to be delivered to the Administrative Agent on behalf of the Lenders (and if specifically required below, to the Collateral Agent) the following:
Reporting Requirements; Notices. 6.1. The Contractor shall address all correspondence regarding this contract electronically as directed by the Department.
6.2. The Department will address all correspondence regarding this contract electronically as directed by the Contractor.
6.3. Provide a Certificate(s) of Insurance as required in the Special Terms and Conditions within ten
Reporting Requirements; Notices. The Borrower shall ------------------------------- deliver or cause to be delivered to the Administrative Agent on behalf of the Lenders the following (in a sufficient number of copies to permit distribution to each Lender):
(a) No later than 15 days prior to the end of each fiscal year of the Borrower and until the first fiscal year ending after the date on which EBTDA is greater than zero for two successive fiscal quarters, a proposed annual operating business plan containing the statements listed in items (i) through (vi) in this paragraph and the exhibits contained in the annual operating business plan delivered pursuant to (S)8.13