Common use of Additional Agreements of the Company Clause in Contracts

Additional Agreements of the Company. (a) All agreements and proceedings in connection with the Closing under the Asset Purchase Agreement with Edison Stores, Inc. shall have been completed; (b) While this Note or the Warrant remains outstanding, Peter Edison shall remain as the ▇▇▇▇▇ ▇▇▇▇▇▇ive Officer of the Company unless a successor reasonably satisfactory to the Holder is appointed within thirty (30) days of Mr. Edison's cessation of such du▇▇▇▇; (c) Company shall deliver to the Holder: (i) Within ninety (90) days after the end of each fiscal year of the Company beginning with the fiscal year ending December 31, 1999, an annual income statement for such fiscal year, a balance sheet for the Company as of the end of such year and a statement of cash flows for such year, together with such notes thereto as are appropriate, prepared in accordance with generally accepted accounting principles consistently applied and setting forth in each case in comparative form the figures for the previous year, in reasonable detail and audited by an independent public accountant; (ii) Within thirty (30) days after the end of each fiscal quarter, an unaudited income statement and cash flow statement for the Company for such quarter and the current fiscal year to date and an unaudited balance sheet as of the end of such fiscal quarter setting forth in comparative form the correspondent figures for the prior fiscal quarter in such reasonable detail as shall be requested by the Holder; (iii) From time to time upon Holder's request, such other information regarding the business, affairs and prospects and financial condition of the Company as the Holder shall reasonably request.

Appears in 1 contract

Sources: Subordination Agreement (Bakers Footwear Group Inc)

Additional Agreements of the Company. (a) All agreements and proceedings in connection with the Closing under the Asset Purchase Agreement with Edison Stores, Inc. shall have been completed; (b) While this Note or the Warrant remains outstanding, Peter Edison shall remain as the Chief Executive Off▇▇▇▇ ▇▇▇▇▇▇ive Officer of the Company unless a successor reasonably satisfactory to the Holder is appointed within thirty (30) days of Mr. Edison's cessation of such du▇▇▇▇duties; (c) Company shall deliver to shal▇ ▇▇▇▇▇▇▇ ▇▇ the Holder: (i) Within ninety (90) days after the end of each fiscal year of the Company beginning with the fiscal year ending December 31, 1999, an annual income statement for such fiscal year, a balance sheet for the Company as of the end of such year and a statement of cash flows for such year, together with such notes thereto as are appropriate, prepared in accordance with generally accepted accounting principles consistently applied and setting forth in each case in comparative form the figures for the previous year, in reasonable detail and audited by an independent public accountant; (ii) Within thirty (30) days after the end of each fiscal quarter, an unaudited income statement and cash flow statement for the Company for such quarter and the current fiscal year to date and an unaudited balance sheet as of the end of such fiscal quarter quarter, setting forth in comparative form the correspondent figures for the prior fiscal quarter in such reasonable detail as shall be requested by the Holder; (iii) From time to time upon Holder's request, such other information regarding the business, affairs and prospects and financial condition of the Company as the Holder shall reasonably request.

Appears in 1 contract

Sources: Subordination Agreement (Bakers Footwear Group Inc)

Additional Agreements of the Company. (a) All agreements and proceedings in connection with the Closing under the Asset Purchase Agreement with Edison Stores, Inc. shall have been completed; (b) While this Note or the Warrant remains outstanding, Peter Edison shall remain as the ▇▇▇▇▇ ▇▇▇▇▇▇ive ▇▇▇ Officer of the Company unless a successor reasonably satisfactory to the Holder is appointed within thirty (30) days of Mr. Edison's cessation of such du▇▇▇▇; (c) Company ▇▇▇▇▇ny shall deliver to the Holder: (i) Within ninety (90) days after the end of each fiscal year of the Company beginning with the fiscal year ending December 31, 1999, an annual income statement for such fiscal year, a balance sheet for the Company as of the end of such year and a statement of cash flows for such year, together with such notes thereto as are appropriate, prepared in accordance with generally accepted accounting principles consistently applied and setting forth in each case in comparative form the figures for the previous year, in reasonable detail and audited by an independent public accountant; (ii) Within thirty (30) days after the end of each fiscal quarter, an unaudited income statement and cash flow statement for the Company for such quarter and the current fiscal year to date and an unaudited balance sheet as of the end of such fiscal quarter quarter, setting forth in comparative form the correspondent figures for the prior fiscal quarter in such reasonable detail as shall be requested by the Holder; (iii) From time to time upon Holder's request, such other information regarding the business, affairs and prospects and financial condition of the Company as the Holder shall reasonably request.

Appears in 1 contract

Sources: Subordination Agreement (Bakers Footwear Group Inc)