Common use of Collateral and Other Reporting Clause in Contracts

Collateral and Other Reporting. Provide Administrative Agent with opportunities to meet (either in person or via telephone, as requested by Administrative Agent) with senior members of management of Borrowers and the following documents, at the following times in form satisfactory to Administrative Agent: (i) not later than forty five (45) days after the end of each Fiscal Month of the first Fiscal Quarter of 2019 and thirty (30) days after the end of each Fiscal Month thereafter: (A) accounts receivable listings and agings and Inventory reports for the preceding Fiscal Month; and (B) accounts payable listings and agings as at the preceding Fiscal month end; and (ii) not later than forty five (45) days after the end of each Fiscal Month of the first Fiscal Quarter of 2019 and thirty (30) days after the end of each Fiscal Month thereafter: a schedule including each new customer added in such month, each existing customer lost in such month and, as to each of such new customers and lost customers, the revenues associated with each such customer in such Fiscal Month (and in the case of a customer that has been lost, such revenues of that customer in the preceding Fiscal Month); and (iii) a breakdown of items comprising “prepaid expenses” and “accrued expenses” set forth in Loan Parties’ balance sheets; and (iv) update reports on the project implementation status and expense relative to the constructive timeline and budget delivered to Administrative Agent prior to the Effective Date with respect to the Facility located in Kentucky; and (v) such Responsible Officers of the Borrowers as requested by Administrative Agent, shall meet and cooperate with representatives of Administrative Agent, at reasonable times during normal business hours, to engage in a discussion of, and respond to Administrative Agent’s questions regarding, the Borrowers’ business, prospects, opportunities, results of operations, variances to budget and such other matters as Administrative Agent shall reasonably request. Upon request by Administrative Agent: (i) a revised budget of Loan Parties; and

Collateral and Other Reporting. Provide Administrative Agent with opportunities to meet (either in person or via telephone, as requested by Administrative Agent) with senior members of management of Borrowers and the following documents, at the following times in form satisfactory to Administrative Agent: (i) not later than forty five (45) days after the end of each Fiscal Month of the first Fiscal Quarter of 2019 and thirty (30) days after the end of each Fiscal Month thereafter: (A) accounts receivable listings and agings and Inventory reports for the preceding Fiscal Month; and (B) accounts payable listings and agings as at the preceding Fiscal month end; and (ii) not later than forty five (45) days after the end of each Fiscal Month of the first Fiscal Quarter of 2019 and thirty (30) days after the end of each Fiscal Month thereafter: a schedule including each new customer added in such month, each existing customer lost in such month and, as to each of such new customers and lost customers, the revenues associated with each such customer in such Fiscal Month (and in the case of a customer that has been lost, such revenues of that customer in the preceding Fiscal Month); and (iii) a breakdown of items comprising “prepaid expenses” and “accrued expenses” set forth in Loan Parties’ balance sheets; and (iv) update reports on the project implementation status and expense relative to the constructive timeline and budget delivered to Administrative Agent prior to the Effective Date with respect to the Facility located in Kentucky; and (v) such Responsible Officers of the Borrowers as requested by Administrative Agent, shall meet and cooperate with representatives of Administrative Agent, Agent at reasonable times and during normal business hours, to engage in a discussion of, and respond to Administrative Agent’s questions regarding, the Borrowers’ business, prospects, opportunities, results of operations, variances to budget and such other matters as Administrative Agent shall reasonably request; and (vi) not later than thirty (30) days after the end of each Fiscal Month: a written Certification by the Chief Financial Officer of Danimer Holdings, setting forth an itemized breakdown of all amounts paid by the Borrowers (or any of them) to Parent pursuant to the Management Services Agreement during the preceding Fiscal Month. Upon request by Administrative Agent: (i) a revised budget of Loan Parties; and