Basic Reporting Requirements Clause Samples
The Basic Reporting Requirements clause establishes the obligation for one or both parties to provide regular updates or reports regarding certain activities, performance, or compliance under the agreement. Typically, this clause specifies the type of information to be reported, the frequency of reporting (such as monthly or quarterly), and the format or method of delivery. By setting clear expectations for information sharing, this clause ensures transparency and accountability between the parties, helping to monitor progress and address issues proactively.
Basic Reporting Requirements. 39 SECTION 5.02 Insurance............................................ 42 SECTION 5.03 Payment of Taxes and Other Potential Charges and Priority Claims.................................... 42 SECTION 5.04 Preservation of Corporate Status and Franchises...... 43 SECTION 5.05
Basic Reporting Requirements. 44 6.2 Insurance ......................................................................................... 46 6.3 Payment of Taxes and Other Potential Charges and Priority Claims.................................... 46 6.4
Basic Reporting Requirements. (a) Annual Audit Reports. As soon as practicable, and in any event -------------------- within 90 days after the close of each fiscal year of the Borrower, the Borrower shall furnish to the Administrative Agent, with a copy for each Lender, consolidated statements of income, retained earnings and cash flows of the Borrower and its consolidated Subsidiaries for such fiscal year and a consolidated balance sheet of the Borrower and its consolidated Subsidiaries as of the close of such fiscal year, and notes to each, all in reasonable detail, setting forth in comparative form the corresponding figures for the preceding fiscal year. Such financial statements shall be accompanied by an opinion of independent certified public accountants of recognized national standing selected by the Borrower, which opinion shall not be subject to any qualification as to scope of audit or as to any other matter which the Required Lenders determine is adverse. Such opinion in any event shall contain a written statement of such accountants substantially to the effect that (i) such accountants examined such financial statements in accordance with generally accepted auditing standards and accordingly made such tests of accounting records and such other auditing procedures as such accountants considered necessary in the circumstances and (ii) in the opinion of such accountants such financial statements present fairly the financial position of the Borrower and its consolidated Subsidiaries as of the end of such fiscal year and the results of their operations and their retained earnings and cash flows for such fiscal year, in conformity with GAAP.
Basic Reporting Requirements. The Borrower shall furnish to the Agent and the Lenders upon, but only upon, the request of a Lender or the Agent:
(i) if the Borrower at any time ceases to timely file periodic reports pursuant to Section 13 of the Exchange Act, as soon as available but in any event within ninety (90) days after the close of each Fiscal Year, the audited consolidated Financials of the Borrower and its Subsidiaries for such Fiscal Year, certified by the Borrower’s accountants;
(ii) if the Borrower at any time ceases to timely file periodic reports pursuant to Section 13 of the Exchange Act, as soon as available but in any event within sixty (60) days after the end of each Fiscal Quarter, the unaudited consolidated Financials of the Borrower and its Subsidiaries for such quarter;
(iii) as soon as available but in any event within thirty (30) Business Days after the end of each fiscal month the unaudited consolidated Financials of the Borrower and its Subsidiaries for such month, certified by its chief financial officer pursuant to a Financial Officer Certification;
(iv) together with the quarterly and annual audited consolidated Financials, a certificate of the Borrower setting forth computations demonstrating compliance with the financial covenants set forth in Section 6.2 and certifying that no Default or Event of Default has occurred, or if a Default or an Event of Default has occurred, the actions taken by the Borrower with respect thereto;
(v) promptly upon Borrower obtaining knowledge of (i) the institution of, or non frivolous written threat of, any Action not previously disclosed in writing by Borrower to Lenders, or (ii) any material development in any Action that, in the case of either clause (i) or (ii), if adversely determined could be reasonably expected to have a Material Adverse Effect, or seeks to enjoin or otherwise prevent the consummation of, or to recover any material damages or obtain relief as a result of, the transactions contemplated hereby, written notice thereof together with such other information as may be reasonably available to Borrower to enable Lenders and their counsel to evaluate such matters;
(vi) as soon as available but in no event later than the end of each Fiscal Year an updated financial projection for the succeeding Fiscal Year;
(vii) promptly upon their becoming available, all minutes and written resolutions of the Board of Directors of the Borrower; and
(viii) promptly upon their becoming available, copies of all statements, report...
Basic Reporting Requirements. On or before the 20th day of April, July, October and January, the Operator shall submit to the County a quarterly statement setting forth the following information:
(1) a statement that the Operator’s Permit for the Disposal Facility under the Solid Waste Management Act (if in Pennsylvania, or similar appropriate legislation in other states) has not been revoked or suspended, and that the Operator is in substantial compliance with all the terms and conditions of its permit, and the provisions of all applicable Federal, Department and County regulations.
(2) the actual quantity and types of waste generated in Northampton County and delivered to the Operator’s Facility by waste haulers and occasional individual Northampton County residents, along with any fees due to Northampton County from the Operator. These reports shall include the totals by month for each type of waste and names of waste haulers delivering loads of County generated waste. The requirements of this subsection may be met by the submission of copies of reports that have been submitted to the Department or the County pursuant to law, if such reports include the information required hereby. All reports should be sent to: Northampton County, Department of Public Works, ATTN: ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇.
Basic Reporting Requirements. 34 6.02 Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 6.03 Payment of Taxes and Other Potential Charges and Priority Claims . . . . . . . . . . . . . . . . 38 6.04
Basic Reporting Requirements. (a) The Operator shall provide the 5-County Region with quarterly reports of all types and origin of waste generated in the 5-County Region and delivered to the Operator’s Facility by waste haulers and occasional individual 5-County Region residents, concurrent with remittance of any negotiated fees due to the 5-County Region by the Operator. These reports should include the totals by month for each type of waste. To the extent that reports required to be submitted to DEP or any other regulatory agency contain the information required by the 5- County Region, copies of said reports may be submitted to the 5-County Region to comply with the Operator’s reporting requirements.
(b) Along with quarterly reports, the Operator should provide: (i) names of waste haulers delivering loads of 5-County Region-generated wastes; and (ii) a statement that the Operator’s permit for the Operator’s Facility has not been revoked or suspended, and that the Operator is in substantial compliance with all the terms and conditions of its permit, the provisions of the Solid Waste Management Act, and all applicable federal, state, DEP and 5- County Region regulations, and the terms of this Agreement.
Basic Reporting Requirements. 45 5.02. INSURANCE....................................................................................48 5.03. PAYMENT OF TAXES AND OTHER POTENTIAL CHARGES AND PRIORITY CLAIMS.............................49 5.04. PRESERVATION OF CORPORATE STATUS.............................................................49 5.05.
Basic Reporting Requirements. 48 6.02. Inspection.........................................................50 6.03. Payment of Taxes, Etc..............................................50 6.04. Preservation of Corporate Existence, Etc...........................51 6.05. Compliance with Laws, Etc..........................................51 6.06.
Basic Reporting Requirements. (a) Annual Audit Reports. As soon as practicable, and in any event within one hundred twenty (120) days after the close of each fiscal year of the Parent, the Loan Parties shall furnish to the Agent consolidated statements of income, cash flows and changes in stockholders' equity of the Parent and its consolidated Subsidiaries for such fiscal year and a consolidated balance sheet of the Parent and its consolidated Subsidiaries as of the close of such fiscal year, and notes to each, all in reasonable detail, setting forth in comparative form the corresponding figures for the preceding fiscal year. Such financial statements shall be accompanied by an opinion of independent certified public accountants of recognized national standing selected by the Parent and reasonably satisfactory to the Agent. Such opinion shall be free of exceptions or qualifications not acceptable to the Agent and in any event shall be free of any exception or qualification which is of "going concern" or like nature or which relates to a limited scope of examination. Such opinion in any event shall contain a written statement of such accountants substantially to the effect that (i) such accountants examined such financial statements in accordance with generally accepted auditing standards and accordingly made such tests of accounting records and such other auditing procedures as such accountants considered necessary in the circumstances and (ii) in the opinion of such accountants such financial statements present fairly the financial position of the Parent and its consolidated Subsidiaries as of the end of such fiscal year and the results of their operations and their cash flows and changes in stockholders' equity for such fiscal year, in conformity with GAAP.