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. (ii) Within five (5) Business Days of the end of each calendar month, the U.S. Borrower will deliver to the Administrative Agent and the U.S. Administrative Agent (A) commencing with the calendar month ending January 31, 2009, a written statement showing the aggregate daily available balance of cash and Cash Equivalents in all deposit, securities and other investment accounts of the U.S. Borrower and its Subsidiaries for which such information is available as of the end of each Business Day of such calendar month and (B) commencing with the calendar month ending November 30, 2008, a written statement showing the available balance of cash and Cash Equivalents in each deposit, securities and other investment account of the U.S. Borrower and its Subsidiaries as of the last Business Day of such calendar month for which such information is available. (iii) From time to time upon the request of the Administrative Agent or the U.S. Administrative Agent, the U.S. Borrower will promptly deliver to the Administrative Agent and the U.S. Administrative Agent copies of any and all deposit account statements, securities account statements and other investment account statements of the U.S. Borrower or any Subsidiary thereof that are requested to be delivered thereby, in each case, to the extent such statements are available.