Common use of Reporting Covenant Required Complies Clause in Contracts

Reporting Covenant Required Complies. A/R & A/P Agings Monthly within 30 days Yes No Sales journal Monthly within 30 days Yes No Collections journal Monthly within 30 days Yes No Borrowing Base Certificate Monthly within 30 days Yes No Deferred Revenue Schedule Monthly within 30 days Yes No Balance Sheet and Income Statement Monthly within 30 days Yes No Compliance Certificate Monthly within 30 days Yes No Quarterly Financial statements/Form 10-Q Quarterly within 5 days of filing Yes No Annual Financial Statements/Form 10-K/ (CPA audited) Annually within 5 days of filing Yes No Borrower’s tax returns and schedule (CPA prepared) Annually within 5 days of filing but no later than October 31st of each year Yes No Personal Guarantor’s personal financial statements Annually no later than October 31st of each year (or more frequently as Bank may request) Yes No A/R and Collateral audit Semi-annually Yes No IP Notices As required under Section 6.10 Yes No

Reporting Covenant Required Complies. Borrower prepared financial statements Quarterly within 45 days Yes No Compliance Certificate Quarterly within 45 days Yes No Xxxxx Fargo bank statements Monthly within 15 days Yes No A/R & A/P Agings Within 5 days of 15th and last day of each month Yes No Customer deposit listing Within 5 days of 15th and last day of each month Yes No Borrowing base certificate Within 5 days of 15th and last day of each month Yes No Inventory report Monthly within 30 15 days Yes No Sales journal Offsite Inventory listing Monthly within 30 days Yes No Collections journal Monthly within 30 days Yes No Borrowing Base Certificate Monthly within 30 15 days Yes No Deferred Revenue Schedule Monthly revenue schedule Quarterly within 15 days Yes No Annual financial statements (CPA Audited) FYE within 120 days Yes No Annual financial projections and budget Annual within 30 days before FYE Yes No Balance Sheet and Income Statement Monthly Federal Tax Returns Annual, within 30 days Yes No Compliance Certificate Monthly within 30 days Yes No Quarterly Financial statements/Form 10-Q Quarterly within 5 15 days of filing Yes No Annual Financial Statements/Form 10-K/ K and 10Q (CPA audited) Annually within 5 days of filing Yes No Borrower’s tax returns and schedule (CPA prepared) Annually within 5 days of filing but no later than October 31st of each year Yes No Personal Guarantor’s personal financial statements Annually no later than October 31st of each year (or more frequently as Bank may requestapplicable) Yes No NO A/R Audit Initial and Collateral audit Semisemi-annually annual Yes No IP Notices As required under Section 6.10 Yes No

Reporting Covenant Required Complies. A/R & A/P Agings Monthly within 30 days Yes No Sales journal Monthly within 30 days Yes No Collections journal Monthly within 30 days Yes No Borrowing Base Certificate Monthly within 30 days Yes No Deferred Revenue Schedule Monthly within 30 days Yes No Balance Sheet and Income Statement Monthly within 30 days Yes No Compliance Certificate Monthly within 30 days Yes No Quarterly Financial statements/Form 10-Q Quarterly within 5 days of filing Yes No Annual Financial Statements/Form 10-K/ (CPA audited) Annually within 5 days of filing Yes No Borrower’s and Personal Guarantor’s tax returns and schedule (CPA prepared) schedules Annually within 5 days of filing but no later than October 31st of each year Yes No Personal Guarantor’s personal financial statements Annually no later than October 31st of each year (or more frequently as Bank may request) Yes No A/R and Collateral audit Semi-annually Yes No IP Notices As required under Section 6.10 Yes No

Reporting Covenant Required Complies. A/R Borrower prepared financial statements Quarterly within 45 days Yes No Compliance Certificate Quarterly within 45 days Yes No Xxxxx Fargo bank statements Monthly within 15 days Yes No AIR & A/P Agings Within 5 days of 15th and last day of each month Yes No Customer deposit listing Within 5 days of 15th and last day of each month Yes No Borrowing base certificate Within 5 days of 15th and last day of each month Yes No Inventory report Monthly within 30 15 days Yes No Sales journal Offsite Inventory listing Monthly within 30 days Yes No Collections journal Monthly within 30 days Yes No Borrowing Base Certificate Monthly within 30 15 days Yes No Deferred Revenue Schedule Monthly revenue schedule Quarterly within 15 days Yes No Annual financial statements (CPA Audited) FYE within 120 days Yes No Annual financial projections and budget Annual within 30 days before FYE Yes No Balance Sheet and Income Statement Monthly Federal Tax Returns Annual, within 30 days Yes No Compliance Certificate Monthly within 30 days Yes No Quarterly Financial statements/Form 10-Q Quarterly within 5 15 days of filing Yes No Annual Financial Statements/Form 10-K/ K and 10Q (CPA audited) Annually within 5 days of filing Yes No Borrower’s tax returns and schedule (CPA prepared) Annually within 5 days of filing but no later than October 31st of each year Yes No Personal Guarantor’s personal financial statements Annually no later than October 31st of each year (or more frequently as Bank may requestapplicable) Yes No A/R Audit Initial and Collateral audit Semisemi-annually annual Yes No IP Notices As required under Section 6.10 Yes No

Reporting Covenant Required Complies. Borrowing Base Certificate Monthly within 15 days Yes No Inventory listing Monthly within 15 days Yes No A/R & A/P Agings Monthly within 30 15 days Yes No Sales journal Monthly within 30 15 days Yes No Collections journal Monthly within 30 days Yes No Borrowing Base Certificate Monthly within 30 15 days Yes No Deferred Revenue Schedule revenue listing (if applicable) Monthly within 30 15 days Yes No Balance Sheet and Income Statement Monthly financial statements Monthly within 30 days Yes No Compliance Certificate Monthly within 30 days Yes No Quarterly Financial statements/Form 10-Q Quarterly Annual financial statements (CPA Audited) Annually within 5 150 days of FYE Yes No Tax returns with Schedules (CPA Prepared) Annually within 15 days of filing Yes No Annual Financial Statements/Form 10-K/ (CPA audited) operating projections approved by board of directors Annually within 5 days of filing Yes No Borrower’s tax returns and schedule (CPA prepared) Annually within 5 days of filing but no later than October 31st by January 31 of each year Yes No Personal Guarantor’s personal financial statements Annually no later than October 31st of each year 10K and 10Q (or more frequently as Bank may requestapplicable) Yes No A/R and Collateral audit SemiAudit Initial and semi-annually Yes No IP Notices As required under Section 6.10 Yes No

Reporting Covenant Required Complies. Rolling 12 week cash flow forecast Weekly on Monday yes Borrowing Base Certificate Monthly within 15 days Yes No Inventory listing Monthly within 15 days Yes No A/R & A/P Agings Monthly within 30 15 days Yes No Sales journal Monthly within 30 15 days Yes No Collections journal Monthly within 30 days Yes No Borrowing Base Certificate Monthly within 30 15 days Yes No Deferred Revenue Schedule revenue listing (if applicable) Monthly within 30 15 days Yes No Balance Sheet and Income Statement Monthly financial statements Monthly within 30 days Yes No Compliance Certificate Monthly within 30 days Yes No Quarterly Financial statements/Form 10-Q Quarterly Annual financial statements (CPA Audited) Annually within 5 150 days of FYE Yes No Tax returns with Schedules (CPA Prepared) Annually within 15 days of filing Yes No Annual Financial Statements/Form 10-K/ (CPA audited) operating projections approved by board of directors Annually within 5 days of filing Yes No Borrower’s tax returns and schedule (CPA prepared) Annually within 5 days of filing but no later than October 31st by January 31 of each year Yes No Personal Guarantor’s personal financial statements Annually no later than October 31st of each year 10K and 10Q (or more frequently as Bank may requestapplicable) Yes No A/R and Collateral audit SemiAudit Initial and semi-annually Yes No IP Notices As required under Section 6.10 Yes No

Reporting Covenant Required Complies. Borrower prepared financial statements Quarterly within 45 days Yes No Compliance Certificate Quarterly within 45 days Yes No Xxxxx Fargo bank statements Monthly within 10 days Yes No A/R & A/P Agings Within 15 days of 15th and last day of each month Yes No Customer deposit listing Within 15 days of 15th and last day of each month Yes No Borrowing base certificate Within 15 days of 15th and last day of each month Yes No Inventory report Monthly within 30 15 days Yes No Sales journal Offsite Inventory listing Monthly within 30 days Yes No Collections journal Monthly within 30 days Yes No Borrowing Base Certificate Monthly within 30 15 days Yes No Deferred Revenue Schedule Monthly revenue schedule Quarterly within 15 days Yes No Annual financial statements (CPA Audited) FYE within 120 days Yes No Annual financial projections and budget Annual within 30 days before FYE Yes No Balance Sheet and Income Statement Monthly Federal Tax Returns Annual, within 30 days Yes No Compliance Certificate Monthly within 30 days Yes No Quarterly Financial statements/Form 10-Q Quarterly within 5 15 days of filing Yes No Annual Financial Statements/Form 10-K/ K and 10Q (CPA audited) Annually within 5 days of filing Yes No Borrower’s tax returns and schedule (CPA prepared) Annually within 5 days of filing but no later than October 31st of each year Yes No Personal Guarantor’s personal financial statements Annually no later than October 31st of each year (or more frequently as Bank may requestapplicable) Yes No A/R Audit Initial and Collateral audit Semisemi-annually annual Yes No IP Notices As required under Section 6.10 Yes No

Reporting Covenant Required Complies. Borrower prepared financial statements Quarterly within 45 days Yes No Compliance Certificate Quarterly within 45 days Yes No Xxxxx Fargo bank statements Monthly within 15 days Yes No A/R & A/P Agings Within 5 days of 15th and last day of each month Yes No Customer deposit listing Within 5 days of 15th and last day of each month Yes No Borrowing base certificate Within 5 days of 15th and last day of each month Yes No Inventory report Monthly within 30 15 days Yes No Sales journal Offsite Inventory listing Monthly within 30 days Yes No Collections journal Monthly within 30 days Yes No Borrowing Base Certificate Monthly within 30 15 days Yes No Deferred Revenue Schedule Monthly revenue schedule Quarterly within 15 days Yes No Annual financial statements (CPA Audited) FYE within 120 days Yes No Annual financial projections and budget Annual within 30 days before FYE Yes No Balance Sheet and Income Statement Monthly Federal Tax Returns Annual, within 30 days Yes No Compliance Certificate Monthly within 30 days Yes No Quarterly Financial statements/Form 10-Q Quarterly within 5 15 days of filing Yes No Annual Financial Statements/Form 10-K/ K and 10Q (CPA audited) Annually within 5 days of filing Yes No Borrower’s tax returns and schedule (CPA prepared) Annually within 5 days of filing but no later than October 31st of each year Yes No Personal Guarantor’s personal financial statements Annually no later than October 31st of each year (or more frequently as Bank may requestapplicable) Yes No A/R Audit Initial and Collateral audit Semisemi-annually annual Yes No IP Notices As required under Section 6.10 Yes No