Annual Operating Reports. Seller shall provide NYSERDA with an Annual Operating Report on March 15 of each year within the Contract Delivery Term and one year thereafter covering the activities of the immediately preceding Calendar Year in which any ORECs were transferred to NYSERDA. Annual Operating Reports shall be submitted in a form substantially similar to Exhibit S to this Agreement, as may be modified by NYSERDA from time to time. To maximize efficiencies, NYSERDA will consider accepting, upon Seller request, Annual Operating Report formats that differ from that contained under Exhibit S to match the format of existing reporting formats utilized by Seller.
Annual Operating Reports. As soon as available and in any event within 45 days after the end of each Fiscal Year, a report in form and substance reasonably satisfactory to the Second Lien Administrative Agent, with respect to such Fiscal Year regarding the operations of the Borrower and its Subsidiaries during such Fiscal Year, which report shall be confirmed by the Independent Engineer.
