Common use of Reporting and Notices Clause in Contracts

Reporting and Notices. (a) Company shall provide to Bank the reports identified on Exhibit G, together with any required supporting documentation, and such other reports as Bank may reasonably request from time to time. Company shall comply with the formatting and technical guidance provided by Bank for submitting reports. Bank may request additional data fields and/or modifications to the templates for reporting, and Company shall implement such additions or modifications within [***]. Bank may request new report templates and Company shall implement such new reports within [***]. All templates and template changes must be approved in writing by Bank. (b) Company shall provide written notice to Bank of any expected or anticipated Change of Control of Company not later than [***] prior to the anticipated effective date of such Change of Control. Bank shall have the right to terminate this Agreement prior to the effective date of such Change of Control in the event that the Person acquiring control of Company does not satisfy Bank’s oversight requirements for the Program.

Appears in 2 contracts

Sources: Credit Secured Credit Card Issuing and Marketing Agreement (Chime Financial, Inc.), Credit Secured Credit Card Issuing and Marketing Agreement (Chime Financial, Inc.)