Common use of AMENDMENTS TO SCHEDULE 5 Clause in Contracts

AMENDMENTS TO SCHEDULE 5. 3. The ninth and tenth rows (including clauses (n) and (o) thereof) of Schedule 5.3 to the Credit Agreement are hereby amended as follows: On Tuesday of each week (n) a forecast of Parent’s and its Subsidiaries’ consolidated cash flows for its next 13 weeks, together with a detailed reconciliation of the prior week’s forecast to actual performance, on an item-by-item basis that matches the level of detail provided in the prior week’s forecast. On Tuesday of each week (o) a report showing sales (including, without limitation, the gross sales and standard gross margin) by brand (including, without limitation, the healing garden brand) for the prior week and a comparison of actual results to the Borrowers’ forecast delivered pursuant to Item (n) of this Schedule 5.3.

Appears in 2 contracts

Sources: Credit Agreement (Ascendia Brands, Inc.), Credit Agreement (Ascendia Brands, Inc.)