Current Reports Clause Samples
The "Current Reports" clause requires a party, typically a company, to provide up-to-date information or reports about its financial condition, operations, or other relevant matters. In practice, this means the company must regularly submit or make available recent documents such as financial statements, compliance certificates, or operational updates to the other party, often within specified timeframes. This clause ensures transparency and allows the receiving party to monitor ongoing compliance and assess risk, thereby reducing the likelihood of surprises or undisclosed issues during the course of the agreement.
Current Reports. If the Company accepts this Subscription in whole or in part, for the period commencing on the date of issuance and sale of the Shares to Purchaser and terminating on the earliest to occur of two years thereafter, a Terminating Event or the date neither the Purchaser nor any of its affiliates owns any of the Shares, the Company agrees: (a) to have available "adequate current public information" within the meaning of Rule 144(c); and (b) not to terminate its status as an issuer required to file reports under the Exchange Act. A "TERMINATING EVENT" shall mean a merger, consolidation, reorganization or other transaction approved by the shareholders of the Company or any tender offer to acquire outstanding capital stock including all of the Shares. INDIVIDUAL SIGNATURE PAGE
Current Reports. (a) The Servicer, the Special Servicer and the Certificate Administrator are each authorized to execute and deliver, in their respective sole discretion, one or more agreements with the EU Transparency Designee with respect to the reporting or provision of information in connection with the performance by the EU Transparency Designee of its obligations under the EU Risk Retention Agreement. None of the Servicer, the Special Servicer or the Certificate Administrator shall have any duty or liability hereunder (whether to the Trust Interest Owners, or Beneficial Owners, the other parties hereto or otherwise) with respect to or related to any such agreement. In no event shall the Servicer, the Special Servicer or the Certificate Administrator have any duty for any purpose to evaluate or otherwise make determinations regarding the sufficiency, adequacy, completeness or suitability of any reports or other information (including reports using a data reporting template) prepared by or on behalf of the EU Transparency Designee in connection with its obligations under the EU Risk Retention Agreement.
(b) Within four (4) Business Days after the occurrence of a Specified Event (as defined below), to the extent that it receives the Current Report Disclosure Information (as defined below) by means of a completed version of the form attached hereto as Exhibit T-3 as described in the next succeeding paragraph, the Certificate Administrator shall, subject to the review and approval procedures set forth below, prepare and post to the “EU Risk Retention” tab on the Certificate Administrator’s Website a report thereof (a “Current Report”) substantially in the form attached hereto as Exhibit T-1, with such completed Exhibit T-3 attached thereto, and setting forth the information regarding such Specified Event that would be required by Form 8-K under the Exchange Act. “Specified Event” means any event identified in Exhibit T-2, which will have substantially the same meaning as the related item in Form 8-K under the Exchange Act. “Current Report Disclosure Information” means, with respect to each Specified Event, any disclosure or information regarding such Specified Event that would be required by Form 8-K under the Exchange Act.
Current Reports. Party B shall submit written reports to Party A for reference ten days within the following occurrences:
(1) making long term operation plan(such as five-year or ten-year operation plan)
(2) appointment or replacement of Party B’s Board Chairman, supervisors, general manager, vice general manager, Chief Financial Officer, general engineer and other members of the senior management team.
(3) changes in Party B’s shareholders or shareholding structure.
(4) decisions made by Party B’s Board of Directors and Board of Supervisors relating to franchise operations.
(5) Contract, Agreement and Letter of Intent signed by Party B that may have a major impact on franchise operations.
(6) major occurrences that affect gas price, safety, technology, quality and service.
(7) other occurrences that have a major impact on the enterprise’s franchise operations.
Current Reports. MEDIMMUNE agrees to make written reports and royalty payments to PDL within forty-five (45) days after the close of each calendar quarter during the term of this Agreement, beginning with the calendar quarter in which the date of first commercial sale occurs. These reports shall show for the calendar quarter in question Net Sales by MEDIMMUNE, its Affiliates and sublicensees of the Licensed Products in the Territory on a country-by-country basis, details of the quantities of Licensed Products sold in each country and the country of manufacture if different, and the royalty due to PDL thereon pursuant to Article 2. Concurrently with the making of each such report, MEDIMMUNE shall make any payment due to PDL of royalties for the period covered by such report.
Current Reports. The Company will provide to each Bank copies of each Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission, promptly upon the filing thereof.
Current Reports. GNE agrees to make written reports and royalty payments to PDL within sixty (60) days after the close of each calendar quarter during the term of this Agreement, beginning with the calendar quarter in which the date of first commercial sale or other transfer of a Licensed Product by GNE, its Affiliates, Sublicensees or Roche, provided that reports with respect to sales by sublicensees or Roche shall include only those sales as to which royalty reports were received by GNE during such calendar quarter. Sales of a Licensed Product occurring prior to the Effective Date shall be reported, and royalties on such sales shall be paid, in the first written report and royalty payment under this Agreement. These reports shall be certified by an officer of GNE and shall state for the calendar quarter in question: (1) identification of Net Sales of the Licensed Product on a country-by-country basis, (2) Net Sales in the Territory, (3) the quantities of Licensed Products sold or manufactured in such quarter in the Territory, (4) applicable offsets and (5) the net royalty due to PDL thereon pursuant to this Article 3. No later than at the time of the making of each such report, GNE shall make any payment due to PDL of royalties for the period covered by such report.
Current Reports. With a view to making available to the Purchaser the benefits of any rule or regulation of the SEC that may at any time permit the Purchaser to sell securities of the Company to the public without registration, the Company shall: (a) make and keep available adequate current public information; and (b) use commercially reasonable efforts to file with the SEC in a timely manner all reports and other documents required of the Company under the Securities Act and the Exchange Act.
Current Reports. TANOX agrees to make written reports and royalty payments to PDL within sixty (60) days after the close of each calendar quarter during the terms of this Agreement, beginning with the calendar quarter in which the date of first sale of Licensed Product by TANOX, its Affiliates or sublicensees, following regulatory approval occurs. These reports shall show for the calendar quarter in question Net Sales by TANOX, its Affiliates and sublicensees of the Licensed Products in the Territory on a country-by-country basis, details of the quantities of Licensed Products sold in each country and the country of manufacture, if different, applicable offsets, withholding taxes and the net royalty due to PDL thereon pursuant to Article 3. No later than at the time of the making of each such report, TANOX shall make any payment due to PDL of royalties for the period covered by such report.
Current Reports. Following the Initial Public Offering, the Company shall file all required reports under the Securities Act and/or the Securities Exchange Act of 1934, as amended, on a timely basis and, if requested, shall provide written confirmation of such timely filings to Investor.
Current Reports. The Company shall have filed with the SEC all SEC Reports required to be filed prior to the Closing, including those set forth on Schedule 4.7.