The Post-Closing Reports provided by the Company pursuant to this Section 4.15 will (i) not contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary in order to make the statements made therein, in the light of the circumstances under which they were made, not misleading and (ii) comply in all material respects with the provisions of applicable Laws.
The Company shall use commercially reasonable efforts to facilitate the completion of Post-Closing Reports within 60 days after the Closing Date.
If the Company is reasonably likely to be required to file any reports pursuant to the Ontario Securities Act or Exchange Act during the Delisting Period, the Company will deliver to Parent at least five (5) business days prior to the Arrangement a substantially final draft of any such reports reasonably likely to be required to be filed during the Delisting Period ("Post-Closing Reports").
The Borrowers will use the proceeds of the Revolving Loans, together with other cash, to effect the Refinancing and for general corporate purposes; provided that until such time as the Post-Closing Reports have been delivered to the Administrative Agent, such general corporate purposes shall not include transactions permitted under Sections 6.04(j), (k) or (x), 6.05(h), 6.06(e), or 6.09(b).
The Company shall use commercially reasonable efforts to facilitate the completion of Post-Closing Reports within 90 days after the Closing Date.