Common use of Receivable Reporting Clause in Contracts

Receivable Reporting. On each Monday (unless Monday is not a Business Day, then on the following Tuesday) or, if the Agent requests, within one (1) Business Day of any other date the Agent may select in its discretion by written notice to Parent, Parent shall furnish to the Agent, a Receivable Report in the form of Exhibit "G." For purposes of preparing the Receivables Reports under this clause (e), it shall be assumed that each Business Day ends at 2:00 p.m., with any other activity occurring on such Business Day after such 2:00 p.m. deadline to be deemed to have occurred on the next succeeding Business Day;