Management Report definition

Management Report means the management report referred to in section 2:391 of the Dutch Civil Code;

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Management Report means the Company’s management report as referred to in section 2:391 BW;

Management Report means that certain memorandum entitled “Material Weaknesses in Internal Control” furnished to the Borrowers by their auditors, or any similar successor report, in its entirety, as required to be delivered in accordance with Generally Accepted Auditing Standards.

Examples of Management Report in a sentence

• The Manager shall notify the Administrative Agent on the Reporting Date if the Management Report will not be delivered to the Lenders, the Administrative Agent and the Collateral Agent on such Reporting Date.

• Each Management Report shall constitute instructions by the Manager (or after delivery of a Notice of Exclusive Control, the Administrative Agent) to the Collateral Agent to withdraw on the related Payment Date from the applicable Collection Account and pay or transfer amounts set forth in such report in the manner specified herein.

• The Manager shall instruct the Account Bank by delivery of the Management Report and, if the Manager fails to do so, the Administrative Agent may instruct the Account Bank, to apply funds on deposit in the Controlled Accounts as described in this Section 2.04; provided that, at any time after delivery of a Notice of Exclusive Control, the Administrative Agent shall instruct the Account Bank to apply funds on deposit in the Controlled Accounts as described in this Section 2.04.

• The Account Bank shall further provide to the Manager a statement as to the amount of Interest Collections and Principal Collections on deposit in the Interest Collection Account and the Principal Collection Account no later than three (3) Business Days after each Determination Date for inclusion in the Management Report delivered pursuant to Section 6.08(b).

• Together with each Management Report, the Manager shall submit to the Administrative Agent and the Collateral Agent a certificate substantially in the form of Exhibit I (a “Manager’s Certificate”), signed by a Responsible Officer of the Manager, which shall include a certification by such Responsible Officer that no Event of Default, Manager Default or Unmatured Event of Default has occurred.

More Definitions of Management Report

Management Report means the management report delivered pursuant to Section 6.1(a)

Management Report means the management report of the Company drawn up by the Management Board, as referred to in section 2:101 of the Dutch Civil Code.

Management Report means the report of the Company drawn up by the

Management Report has the meaning assigned to that term in Section 6.08(b).

Management Report means a report delivered by a Responsible Officer of Borrower to Administrative Agent in substantially the form of Exhibit D-5.

Management Report means the quarterly management report of the Group, including a profit and loss account and a balance sheet which shall be prepared and made available according to Clause 11.1.1(b).

Management Report has the meaning set forth in Section 5.2(b).