Common use of Provision of Accounts Clause in Contracts

Provision of Accounts. 2.1 As soon as possible following the end of each quarter (being 31 March, 30 June, 30 September and 31 December) the Contractor shall provide Client with its quarterly accounts (“Accounts”) when made public by the Contractor, but in any event in accordance with the current SEC reporting requirements, from time to time. 2.2 All ratios currently denote the line item captions used in the ExlService Holdings, Inc. (“EXL US”) audited financial statements for the year-ended December 31, 2011. In the event that the line item caption is changed or modified in any future financial statement, or if new line items are added or removed, it will be the substance of the line item information that will determine whether or not the information is to be reflected in the determination of the Contractor Covenants. 2.3 Capitalised terms appearing in this clause, but not elsewhere in the Agreement, refer to specific elements in the Accounts.