Additional Reporting Requirement. At any time that Borrower is not a public company or an issuer of securities that are registered with the SEC under Section 12 of the Exchange Act (or that is required to file reports under Section 15(d) of the Exchange Act), written notice of any changes to the beneficial ownership information set out in Section 14 of the Perfection Certificate. Borrower understands and acknowledges that each Lender relies on such true, accurate and up-to-date beneficial ownership information to meet such Lender’s regulatory obligations to obtain, verify and record information about the beneficial owners of its legal entity customers; and
Additional Reporting Requirement. Prompt written notice of any changes to the beneficial ownership information set out in Section 14 of the Perfection Certificate. Borrower understands and acknowledges that Bank relies on such true, accurate and up-to-date beneficial ownership information to meet Bank’s regulatory obligations to obtain, verify and record information about the beneficial owners of its legal entity customers; and
Additional Reporting Requirement. Effective as of the date hereof, new Section 7.01(j) is hereby added to the Agreement to read in its entirety as follows:
Additional Reporting Requirement. Section 5.1 of the Agreement is amended to add a new subparagraph (k) which reads in full as follows:
Additional Reporting Requirement. In connection with the delivery of each Compliance Certificate delivered pursuant to Section 6.2(c), a written description of any changes to the beneficial ownership information set out in Addendum 1 to the Perfection Certificate. Borrower understands and acknowledges that each Lender relies on such true, accurate and up-to-date beneficial ownership information to meet such Lender's regulatory obligations to obtain, verify and record information about the beneficial owners of its legal entity customers; and
Additional Reporting Requirement. Section 6 - Reporting - of the Schedule to the Loan Agreement is hereby amended to add an additional item 10 thereto, which shall read as follows: Within 30 days following the end of each month, Borrower shall cause Xxxxxx Micro and such other Account Debtors as Silicon shall from time to time request, to provide Silicon with a Sell-Through Report, in form satisfactory to Silicon.
Additional Reporting Requirement. Clause (b) of Section 6.2 is amended in its entirety to read as follows:
Additional Reporting Requirement. At any time that Borrower (or a co-Borrower that is joined hereunder in connection with the SPAC Transaction pursuant to Section 6.15) is not an issuer of securities that are registered with the SEC under Section 12 of the Exchange Act (or that is required to file reports under Section 15(d) of the Exchange Act), written notice of any changes to the beneficial ownership information set out in Section 14 of the Perfection Certificate (to be provided within a reasonable time after the occurrence of any such change). Borrower understands and acknowledges that each Lender relies on such true, accurate and up-to-date beneficial ownership information to meet such Lender’s regulatory obligations to obtain, verify and record information about the beneficial owners of its legal entity customers; and
Additional Reporting Requirement. Section 5.03 [Reserved] shall be amended and restated in its entirety as follows:
Additional Reporting Requirement. The Borrower shall, in good faith, deliver to GM (i) within fifteen (15) Business Days of each month end commencing with August 2009, a reasonable estimate of the cumulative cash expenditures utilized after August 17, 2009 through such preceding month-end to support the Company Business (as defined in the DIP Sale Agreement) and (ii) no less than one week prior to the Closing Date (as defined in the DIP Sale Agreement), a reasonable estimate of the cumulative cash expenditures utilized after August 17, 2009 through the Closing Date to support the Company Business (as defined in the DIP Sale Agreement); in each case setting forth the source of cash.
