Common use of Weekly and Monthly Reports Clause in Contracts

Weekly and Monthly Reports. (i) Until such time as BearingPoint shall have made the Satisfactory Public Filings and Borrowers shall have Satisfactory Collateral Systems, on the fifth Business Day of each week, a report prepared by BearingPoint’s Treasury Department, in a form reasonably satisfactory to the Administrative Agent, setting forth in reasonable detail the total amount of cash and Cash Equivalents held by Borrowers and the other Loan Parties as of the end of the previous week in the United States, accompanied by a certificate of a Financial Officer stating that such report fairly presents, in all material respects, such information with respect to such cash and Cash Equivalents. (ii) (A) Until such time as BearingPoint shall have made the Satisfactory Public Filings and Borrowers shall have Satisfactory Collateral Systems, on the fifth Business Day following the end of the second and fourth week of each month, and (B) after such time as BearingPoint shall have made the Satisfactory Public Filings and Borrowers shall have Satisfactory Collateral Systems, on the fifth Business Day following the end of each month, a report prepared by BearingPoint’s Treasury Department, in a form reasonably satisfactory to the Administrative Agent, setting forth in reasonable detail the total amount of cash and Cash Equivalents held by the Companies as of the end of the previous week or month (as applicable) in the United States and any other country in which any Company holds cash or Cash Equivalents, accompanied by a certificate of a Financial Officer stating that such report fairly presents, in all material respects, such information with respect to such cash and Cash Equivalents. (iii) With respect to each month from July 2005 through December 2005, within 30 days after the end of each such month, a report, in a form reasonably satisfactory to the Administrative Agent, describing in reasonable detail the utilization and bookings data for Borrowers for such month accompanied by a certificate of a Financial Officer stating that such report fairly presents, in all material respects, such utilization and bookings data for Borrowers for such month. (iv) With respect to January 2006 and February 2006, 45 days after the end of each such month, and with respect to each month thereafter, 30 days after the end of each such month, the consolidated statements of income and cash flows of BearingPoint for such month and for the then elapsed portion of the fiscal year, in comparative form with the consolidated statements of income and cash flows for the comparable periods in the previous fiscal year, accompanied by a certificate of a Financial Officer stating that such financial statements fairly present, in all material respects, the consolidated results of operations and cash flows of the Consolidated Companies as of the date and for the periods specified in accordance with GAAP consistently applied, subject to normal year-end audit adjustments.