Common use of Borrowing Base Certificates and Other Reports Clause in Contracts

Borrowing Base Certificates and Other Reports. Borrowers shall furnish to Bank a Borrowing Base Certificate within ten (10) days after the end of each calendar month. In addition, within fifteen (15) days after the end of each calendar month, Borrowers will deliver to Bank a schedule of all of their accounts receivable, identifying all accounts, and the aging thereof by open invoice for each customer of each Borrower and such other reports concerning the accounts receivable as Bank shall require, all certified as to accuracy by the President or any Vice President of Parent and all in such form as Bank shall require. Borrowers shall also promptly provide Bank with all information requested by Bank with respect to any account debtor. In addition, within twenty (20) days after the end of each calendar month, Borrowers shall provide Bank with a schedule containing a description or recap of the inventory purchased and sold by each Borrower for such month, and such other reports concerning the inventory of each Borrower as Bank shall require, all certified as to accuracy by the appropriate officer of Parent and all in such form as Bank shall require.

Borrowing Base Certificates and Other Reports. Borrowers shall furnish to Bank a Borrowing Base Certificate within ten fifteen (1015) days after the end of each calendar month. In addition, within fifteen (15) days after the end of each calendar month, Borrowers will deliver to Bank a schedule of all of their accounts receivable, identifying all accounts, and the aging thereof by open invoice for each project of each Borrower (the “Accounts Aging Report”), and the aging thereof by open invoice for each customer of each Borrower Borrower, and such other reports concerning the accounts receivable as Bank shall require, all certified as to accuracy by the President or any Vice President of Parent and all in such form as Bank shall require. Borrowers shall also promptly provide Bank with all information requested by Bank with respect to any account debtor. In addition, within twenty thirty (2030) days after the end of each calendar month, Borrowers shall provide Bank with a schedule containing a description or recap of the inventory purchased accounts payable and sold by each Borrower for such monthmonthly back-log reports and monthly job status reports, and such other reports concerning the inventory including an explanation of each Borrower as Bank shall requireany significant variances, all certified as to accuracy by the appropriate officer of Parent and all in such form as Bank shall require.”

Borrowing Base Certificates and Other Reports. Borrowers shall furnish to Bank a Borrowing Base Certificate within ten fifteen (1015) days after the end of each calendar month. In addition, within fifteen (15) days after the end of each calendar month, Borrowers will deliver to Bank a schedule of all of their accounts receivable, identifying all accounts, and the aging thereof by open invoice for each project of each Borrower (the “Accounts Aging Report”), and the aging thereof by open invoice for each customer of each Borrower Borrower, and such other reports concerning the accounts receivable as Bank shall require, all certified as to accuracy by the President or any Vice President of Parent and all in such form as Bank shall require. Borrowers shall also promptly provide Bank with all information requested by Bank with respect to any account debtor. In addition, within twenty thirty (2030) days after the end of each calendar month, Borrowers shall provide Bank with a schedule containing a description or recap of accounts payable and monthly back-log reports and monthly job status reports, including an explanation of any significant variances from the inventory purchased previous month’s reports and sold by each Borrower for such month, demonstration of adequate bidding and such other reports concerning the inventory of each Borrower as Bank shall requireproper margins, all certified as to accuracy by the appropriate officer of Parent and all in such form as Bank shall require.”