Common use of Reporting Requirements of the Borrower Clause in Contracts

Reporting Requirements of the Borrower. The Borrower hereby agrees that from and after the Initial Funding Date until the Termination Date, it shall furnish or cause to be furnished to the Administrative Agent and the Lenders: (a) The financial statements, notices, reports and other information at the times, to the Persons and in the manner set forth in Annex 5.02(a). (b) At the same time each Monthly Report or Weekly Report is required to be delivered pursuant to the terms of clause (a) of Annex 5.02(a), a completed certificate in the form attached hereto as Exhibit 5.02(b) (each, a “Borrowing Base Certificate”). Notwithstanding anything herein or in any other Transaction Document to the contrary, delivery of a properly completed Monthly Report or Weekly Report in accordance with Annex 5.02(a) hereof shall be deemed to satisfy the requirement to deliver a Borrowing Base Certificate pursuant to the immediately preceding sentence.

Appears in 3 contracts

Sources: Credit and Security Agreement (Sungard Data Systems Inc), Credit and Security Agreement (Sungard Capital Corp Ii), Credit and Security Agreement (Sungard Capital Corp Ii)