Common use of Reporting Default Clause in Contracts

Reporting Default. Failure by any Note Party to (i) furnish financial information within fifteen (15) days of when due or when requested, or (ii) permit the inspection of its books or records, in each case, when required pursuant to the terms of this Agreement; or

Appears in 2 contracts

Sources: Note Purchase Agreement (Advanced Communications Technologies Inc), Note Purchase Agreement (Encompass Group Affiliates, Inc)

Reporting Default. Failure by any Note Party to (i) furnish financial information within fifteen (15) 15 days of when due or when requested, or (ii) permit the inspection of its books or records, in each case, when required pursuant to the terms of this Agreement; or

Appears in 1 contract

Sources: Note Purchase Agreement (Childrens Place Retail Stores Inc)