Common use of Balance Reporting Clause in Contracts

Balance Reporting. (i) Commencing with the month in which the Parent first establishes a deposit, securities or investment account, within two (2) Business Days of the end of each calendar month, the Parent will deliver a written daily cash balance summary to the Administrative Agent and the U.S. Administrative Agent showing the aggregate available balance of cash and Cash Equivalents in the deposit, securities and other investment accounts of the Parent as of the end of business on each Business Day of the preceding calendar month.

Balance Reporting. (i) Commencing with the month in which the Parent first establishes a deposit, securities or investment account, within two (2) Business Days of the end of each calendar month, the Parent will deliver a written daily cash balance summary to the Administrative Agent and the U.S. Canadian Administrative Agent showing the aggregate available balance of cash and Cash Equivalents in the deposit, securities and other investment accounts of the Parent as of the end of business on each Business Day of the preceding calendar month.