Common use of Provision of Relevant Information Clause in Contracts

Provision of Relevant Information. Information necessary --------------------------------- to determine whether or not Itau satisfies the Caymans Financial Test shall be provided to AOLA and AOLB as follows: (a) Within thirty (30) days of the end of each of Itau's fiscal quarters, Itau shall deliver a certificate to AOLA and AOLB in the form of Exhibit C attached hereto (a "Caymans Financial Test Certificate"), signed by the President or Chief Financial Officer of Itau, certifying that Itau complies with all of the components of the Caymans Financial Test. (b) As soon as available, but in no event later than one hundred twenty (120) days after the end of each of Itau's fiscal years, Itau shall provide to AOLA and AOLB a copy of its audited financial statements and the consolidating audited financial statements of its branches located outside of Brazil. (c) Within fifteen (15) days of receipt by Itau of a written request made by AOLA and AOLB, Itau shall deliver to AOLA and AOLB a Caymans Financial Test Certificate, signed by the President or Chief Financial Officer of Itau, certifying that Itau complies with all of the components of the Caymans Financial Test; provided, however, AOLA and AOLB -------- ------- shall be entitled to make such a request only once each fiscal quarter.

Appears in 3 contracts

Sources: Strategic Interactive Services and Marketing Agreement (America Online Latin America Inc), Strategic Interactive Services and Marketing Agreement (America Online Latin America Inc), Strategic Interactive Services and Marketing Agreement (America Online Latin America Inc)