Common use of Accounts Information Clause in Contracts

Accounts Information. Furnish to the Administrative Agent at the times specified below, for prompt further distribution to each Lender, the following information (the “Accounts Information”): (i) at any time upon the Administrative Agent’s request, on the date of occurrence of any Event of Default and, thereafter, on the fifteenth day of each month while such Event of Default is continuing, summary accounts payable and accounts receivable aging reports (including the names and, if reasonably requested from time to time by Agent, addresses of all account debtors, and with such accounts receivable and accounts payable divided into such time intervals as Agent may reasonably request) of the Borrower and any Subsidiary of the Borrower, and (ii) (x) at any time when the Aggregate Exposure is less than $5,000,000, on the last Business Day of each week and (y) at any time when the Aggregate Exposure equals or exceeds $5,000,000, each Business day thereafter, a report in the form of Exhibit K attached hereto to the Administrative Agent of the cash and Cash Equivalents balances held by the Borrower and each Subsidiary Guarantor and the Excess Availability as of the close of business on the immediately preceding Business Day, including detail of the roll-forward of accounts receivable through the previous Business Day.

Appears in 4 contracts

Samples: Restructuring Support Agreement (Accuride Corp), Convertible Notes Commitment Agreement (Accuride Corp), Restructuring Support Agreement (Accuride Corp)

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