Quarterly Statement definition
Examples of Quarterly Statement in a sentence
The Purchaser and Seller agree and acknowledge that the Quarterly Swixx Statement may be incorporated into, and form part of, the Final Quarterly Statement delivered by the Company to Seller pursuant to Section 2.1 of Appendix I of the Amended and Restated IP Licence Agreement, so long as the information required to be provided by the Company pursuant to this Section 2.8(a)(i) is clearly identifiable therein as Cumulative Swixx Revenue.
Accordingly, the Parties agree that the Quarterly Accountings described in Section 5.1, the Quarterly Accountings in Section 5.2 and the Schedule 5.1 Quarterly Statement shall be prepared on a monthly basis until such time as the Parties agree in writing to change the timing for these reports.
Each Reinsurance Agreement is qualified under all applicable Requirements of Law to receive the statutory credit assigned to such Reinsurance Agreement in the relevant Annual Statement or Quarterly Statement at the time prepared, except where the failure to receive such statutory credit is not reasonably likely to have a Material Adverse Effect.