Continuing Disclosure Requirements Clause Samples

The Continuing Disclosure Requirements clause obligates a party, typically an issuer of securities, to provide ongoing updates and disclosures of certain information after the initial transaction has closed. This may include regular financial statements, notices of significant events, or updates on compliance with covenants, which must be shared with investors or regulatory bodies. The core function of this clause is to ensure transparency and keep stakeholders informed, thereby reducing information asymmetry and supporting informed decision-making by investors.
Continuing Disclosure Requirements. The Corporation hereby covenants and agrees that it will comply with and carry out all of the provisions of the Continuing Disclosure Agreement. Notwithstanding any other provision of this Loan Agreement, failure of the Corporation to comply with the Continuing Disclosure Agreement shall not be considered an Event of Default hereunder. The remedies available upon a default under the Continuing Disclosure Agreement are described therein. The Authority and the Corporation have agreed that no financial or operating data concerning the Authority is material to any decision to purchase, hold or sell the Bonds and have agreed that the Authority will not provide any such information. The Corporation has undertaken all responsibilities for any continuing disclosure to Bondholders as described in the Continuing Disclosure Agreement, and the Authority shall have no liability to the Holders of the Bonds or any other person with respect to such disclosure.
Continuing Disclosure Requirements. An annual fee for the preparation and filing of continuing disclosure documents, including the annual Texas Debt Transparency filing and along with ongoing monitoring and filing of any additional notices as needed, will be billed for a fee of $5,000 per report per year.
Continuing Disclosure Requirements. The Borrower hereby covenants and agrees that, at least 30 days prior to any time the Bonds are to bear interest at a Reset Rate or Fixed Rate, it will promptly execute and deliver to the Trustee and the Issuer a continuing disclosure agreement complying with Securities and Exchange Commission Rule 15c2-12, as amended (the “Rule”), or deliver to the Trustee and the Issuer an opinion of Counsel to the effect that the requirements of the Rule are not triggered by the change in interest rate mode. Notwithstanding any other provision of this Financing Agreement, failure of the Borrower to comply with any continuing disclosure agreement shall not be considered an Event of Default; however, the Trustee, at the written request of any underwriter of the Bonds required to comply with the Rule or the holders or Beneficial Owners of at least 25% aggregate principal amount in Outstanding Bonds or the Credit Facility Provider, shall, but only to the extent indemnified to its satisfaction, or any Bondholder may take such actions as may be necessary and appropriate, including seeking specific performance by court order, to cause the Borrower to comply with its obligations under this Section 3.7.
Continuing Disclosure Requirements. The Borrower hereby covenants and agrees that it will comply with and carry out all of its obligations under the Continuing Disclosure Agreement. Notwithstanding any other provision of this Loan Agreement, failure of the Borrower to comply with the Continuing Disclosure Agreement shall not be considered an Event of Default hereunder. The remedies available upon a default under the Continuing Disclosure Agreement are described therein. The Authority and the Borrower have agreed that no financial or operating data concerning the Authority is material to any decision to purchase, hold or sell the Bonds and have agreed that the Authority will not provide any such information. The Borrower has undertaken all responsibilities for any continuing disclosure to Bondholders as described in the Continuing Disclosure Agreement, and the Authority shall have no liability to the Holders of the Bonds or any other person with respect to such disclosure.
Continuing Disclosure Requirements. The Corporation covenants that it will comply with the terms of any Continuing Disclosure Agreement executed and delivered in respect of any Bond; however, a breach of this covenant will not create an event of default under this Loan Agreement or the Bond Indenture.

Related to Continuing Disclosure Requirements

  • Disclosure Requirements (a) The Estate Agent or Salesperson *has / does not have(1) (11) a conflict or potential conflict of interest in acting for the Tenant. If the Estate Agent or Salesperson has a conflict or potential conflict of interest, the details are as follows: (b) If the Estate Agent or Salesperson has declared that there is no conflict or potential conflict of interest but a conflict or potential conflict of interest only arises (or he becomes aware of the conflict or potential conflict of interest) after the execution of this Agreement, the conflict or potential conflict of interest must be immediately disclosed in writing to the Tenant. Upon such disclosure, the Estate Agent and Salesperson may continue to act for the Tenant only if the Tenant, being fully informed, consents in writing to the Estate Agent and Salesperson continuing to act for him.

  • Disclosure Requirement In connection with an Assumption of an assumable Mortgage Loan, the Servicer shall make all disclosures required by applicable law.

  • Public Information Public Records Disclosure Requests Washington’s Public Records Act. Unless statutorily exempt from public disclosure, this Cooperative Purchasing Agreement and all related records are subject to public disclosure as required by Washington’s Public Records Act, RCW 42.56.

  • Confidentiality Requirements Employees shall comply with all confidentiality requirements imposed by agency policy, federal or state law, federal regulation, or administrative rule, including rules or codes of conduct governing attorney conduct as promulgated by the Supreme Court of the State of Florida, or the Florida Bar or other professional certification or regulatory body that governs the ability of an employee to practice his particular profession.

  • EDD Independent Subrecipient Reporting Requirements Effective January 1, 2001, the County of Orange is required to file in accordance with subdivision (a) of Section 6041A of the Internal Revenue Code for services received from a “service provider” to whom the County pays $600 or more or with whom the County enters into a contract for $600 or more within a single calendar year. The purpose of this reporting requirement is to increase child support collection by helping to locate parents who are delinquent in their child support obligations. The term “service provider” is defined in California Unemployment Insurance Code Section 1088.8, Subparagraph B.2 as “an individual who is not an employee of the service recipient for California purposes and who received compensation or executes a contract for services performed for that service recipient within or without the State.” The term is further defined by the California Employment Development Department to refer specifically to independent Subrecipients. An independent Subrecipient is defined as “an individual who is not an employee of the ... government entity for California purposes and who receives compensation or executes a contract for services performed for that ... government entity either in or outside of California.” The reporting requirement does not apply to corporations, general partnerships, limited liability partnerships, and limited liability companies. Additional information on this reporting requirement can be found at the California Employment Development Department web site located at ▇▇▇▇://▇▇▇.▇▇▇.▇▇.▇▇▇/Employer_Services.htm