Common use of Operations Reports Clause in Contracts

Operations Reports. Accompanying the reports to be delivered by the Borrower each fiscal quarter in each Fiscal Year pursuant to SECTION 6.01(b) and, in addition to the foregoing, within seven (7) days after the Lender's request therefor, the Borrower shall deliver to the Lender a report detailing the operations of the Borrower and its Subsidiaries which report shall include a management discussion and analysis with respect to the Borrower's and its Subsidiaries' financial performance during such period, including a comparison of actual sales versus budgeted sales for such fiscal quarter, a discussion of bookings, a listing of significant new customers and new products developed for sale, an explanation of any cost saving measures implemented, together with a discussion of the general business environment and results of operations, including an explanation of any material changes in consolidated and consolidating statements of income, stockholders' equity and cash flow of the Borrower and its Subsidiaries for such period from such statements for the corresponding period of the previous Fiscal Year and the corresponding figures from the consolidated financial forecast for the current Fiscal Year pursuant to SECTION 6.01(f) (the "Management Discussion and Analysis").

Operations Reports. Accompanying the reports to be delivered by the Borrower each fiscal quarter in each Fiscal Year pursuant to SECTION 6.01(b) and, in addition to the foregoing, within seven (7) days after the Lender's request therefor, the Borrower shall deliver to the Lender a report detailing the operations of the Borrower and its Subsidiaries which report shall include a management discussion and analysis with respect to the Borrower's and its Subsidiaries' financial performance during such period, including a comparison of actual sales versus budgeted sales for such fiscal quarter, a discussion of bookings, a listing of significant new customers and new products developed for sale, an explanation of any cost saving measures implemented, together with a discussion of the general business environment and results of operations, including an explanation of any material changes in consolidated and consolidating statements of income, stockholders' equity and cash flow of the Borrower and its Subsidiaries the Parents for such period from such statements for the corresponding period of the previous Fiscal Year and the corresponding figures from the consolidated financial forecast for the current Fiscal Year pursuant to SECTION 6.01(f) (the "Management Discussion and Analysis").

Operations Reports. Accompanying the reports to be delivered by the Borrower each fiscal quarter in each Fiscal Year pursuant to SECTION 6.01(bCLAUSE (b) of this ANNEX E and, in addition to the foregoing, within seven (7) days after the LenderAgent's request therefor, the Borrower shall deliver to the Lender Agent a report detailing the operations of the Borrower and its Subsidiaries Subsidiaries, which report shall include a management discussion and analysis with respect to the Borrower's and its Subsidiaries' financial performance during such period, including a comparison of actual sales versus budgeted sales for such fiscal quarter, a discussion of bookings, a listing of significant new customers and new products developed for sale, an explanation of any cost saving measures implemented, together with a discussion of the general business environment and results of operations, including an explanation of any material changes in consolidated and consolidating statements of income, stockholders' equity and cash flow of the Borrower and its Subsidiaries for such period from such statements for the corresponding period of the previous Fiscal Year and the corresponding figures from the consolidated financial forecast for the current Fiscal Year pursuant to SECTION 6.01(fCLAUSE (f) of this ANNEX E (the "Management Discussion and AnalysisMANAGEMENT DISCUSSION AND ANALYSIS").