BASIC FINANCIAL INFORMATION OF THE COMPANY Sample Clauses

BASIC FINANCIAL INFORMATION OF THE COMPANY. Notwithstanding any provision of the bylaws of the Company regarding delivery or non-delivery of financial information to stockholders of the Company, until the Company becomes a reporting company under the Exchange Act, the Company will, for so long as the Investors as a class are holders of any shares of the Preferred Stock or own, as a class, at least ten percent (10%) of the outstanding Common Stock on a fully diluted basis, (i) allow the Investors to visit the Company and inspect any of the property of the Company; provided that such visits are at reasonable times and are following five (5) days advance notice thereof, and (ii) furnish the following reports to each Investor:
AutoNDA by SimpleDocs
BASIC FINANCIAL INFORMATION OF THE COMPANY. Notwithstanding any provision of the Bylaws of the Company regarding delivery or non-delivery of financial information to shareholders of the Company, until the Company becomes a reporting company under the Exchange Act, the Company shall, (x) allow Substantial Holders to visit the Company and inspect any of the property of the Company, to examine the books and records of the Company, and to make copies, notes and abstracts therefrom; provided that such visits are at reasonable times, are by appointment with management (which shall not be unreasonably withheld, conditioned or delayed), and the Substantial Holders agree to maintain the confidentiality of the Company's information which is identified to them as confidential during such visits; provided, however, that each Substantial Holder may disclose such confidential information to its senior officers and managers, provided that such senior officers and managers agree to be bound by the same confidentiality restrictions as apply hereunder, (y) from time to time upon request of any authorized officer or representative of the Substantial Holders, furnish to any such authorized officer or representative such information regarding the business, operations, assets, liabilities, condition (financial or otherwise) or prospects (including materials furnished to the directors of the Company at or in connection with board meetings) as such officer or representative may reasonably request and (z) furnish the following reports to each Substantial Holder:
BASIC FINANCIAL INFORMATION OF THE COMPANY 

Related to BASIC FINANCIAL INFORMATION OF THE COMPANY

  • Basic Financial Information The Company will furnish the following reports to each Holder:

  • Certain Financial Information Within twenty-five (25) Business Days after the end of each month between the date hereof and the earlier of the Closing Date and the date on which this Agreement is terminated, the Company shall deliver to Parent unaudited consolidated financial information for such month and management commentary on the business performance during such month.

  • Financial Information, etc The Administrative Agent shall have received:

  • Access to Financial Information Buyer’s representatives shall have access to, and Seller and its Affiliates shall cooperate with Buyer and furnish upon request, all financial and other information relating to the Hotel’s operations to the extent necessary to enable Buyer’s representatives to prepare audited financial statements in conformity with Regulation S-X of the Securities and Exchange Commission (the “SEC”) and other applicable rules and regulations of the SEC and to enable them to prepare a registration statement, report or disclosure statement for filing with the SEC on behalf of Buyer or its Affiliates, whether before or after Closing and regardless of whether such information is included in the Records to be transferred to Buyer hereunder. Seller shall also provide to Buyer’s representative a signed representation letter in form and substance reasonably acceptable to Seller sufficient to enable an independent public accountant to render an opinion on the financial statements related to the Hotel. Buyer will reimburse Seller for costs reasonably incurred by Seller to comply with the requirements of the preceding sentence to the extent that Seller is required to incur costs not in the ordinary course of business for third parties to provide such representation letters. The provisions of this Section shall survive Closing or termination of this Contract.

  • Additional Financial Information (a) In addition to all other information required to be provided pursuant to this Article 6, the Borrower promptly shall provide the Agent (and any guarantor of the Liabilities), with such other and additional information concerning the Borrower, the Collateral, the operation of the Borrower’s business, and the Borrower’s financial condition, including original counterparts of financial reports and statements, as the Agent may from time to time reasonably request from the Borrower.

  • Other Financial Information Budgets, sales projections, operating plans and other financial information reasonably requested by Bank.

  • Basic Financial Information and Reporting (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

  • Provision of Financial Information Whether or not the Company is subject to Section 13 or 15(d) of the Exchange Act, the Company shall, to the extent permitted under the Exchange Act, file with the Commission the annual reports, quarterly reports and other documents which the Company would have been required to file with the Commission pursuant to such Section 13 or 15(d) if the Company were so subject, such documents to be filed with the Commission on or prior to the respective dates (the “Required Filing Dates”) by which the Company would have been required so to file such documents if the Company were so subject. The Company shall also in any event (x) within 15 days of each Required Filing Date (i) if the Company is not then subject to Section 13 or 15(d) of the Exchange Act, transmit by mail to all Holders, as their names and addresses appear in the Security Register, without cost to such Holders, copies of the annual reports and quarterly reports which the Company would have been required to file with the Commission pursuant to Section 13 or 15(d) of the Exchange Act if the Company were subject to such Sections, and (ii) file with the Trustee copies of annual reports, quarterly reports and other documents which the Company would have been required to file with the Commission pursuant to Section 13 or 15(d) of the Exchange Act if the Company were subject to such Sections and (y) if filing such documents by the Company with the Commission is not permitted under the Exchange Act, promptly upon written request and payment of the reasonable cost of duplication and delivery, supply copies of such documents to any prospective Holder. Delivery of such reports, information and documents to the Trustee is for informational purposes only and the Trustee’s receipt of such shall not constitute constructive notice of any information contained therein or determinable from information contained therein, including the Company’s compliance with any of its covenants hereunder (as to which the Trustee is entitled to rely exclusively on Officers’ Certificates).

  • Interim Financial Information The Company shall supply the ----------------------------- Parent with a copy of its internal unaudited monthly financial statements within thirty (30) days after the end of each month.

  • Other Business and Financial Information The Borrower will deliver to each Lender:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!