Common use of Budgets, Forecasts, Other Reports and Information Clause in Contracts

Budgets, Forecasts, Other Reports and Information. Promptly upon their becoming available to the Borrower: (i) the annual budget and any forecasts or projections of the Borrower and its Subsidiaries, to be supplied at the request of the Administrative Agent prior to commencement of the fiscal year to which any of the foregoing may be applicable, (ii) any reports including management letters submitted to the Borrower by independent accountants in connection with any annual, interim or special audit, (iii) any reports, notices or proxy statements generally distributed by the Borrower to its stockholders on a date no later than the date supplied to the stockholders, (iv) regular or periodic reports, including Forms 10-K, 10-Q and 8-K, registration statements and prospectuses, filed by the Borrower with the Securities and Exchange Commission, (v) a copy of any order, issued by any Official Body in any proceeding to which the Borrower or any of its Subsidiaries is a party, and in which the amount in controversy exceeds $1,000,000, (vi) such other reports and information as the Banks may from time to time reasonably request. The Borrower shall also notify the Banks promptly of the enactment or adoption of any Law which may result in a Material Adverse Change with respect to the Borrower or any Subsidiary of the Borrower, and (vii) within 60 days of closing on any acquisition permitted under Section 7.2.6 in which the total consideration paid by the Borrower or its Subsidiary exceeded $5,000,000, such financial information as the Administrative Agent may reasonably request concerning the acquisition and its effect on the financial condition and performance of the Borrower.

Appears in 2 contracts

Samples: Revolving Credit Facility (Triumph Group Inc /), Revolving Credit Facility (Triumph Group Inc /)

AutoNDA by SimpleDocs

Budgets, Forecasts, Other Reports and Information. Promptly upon their becoming available to the Borrower: (i) the annual budget and any forecasts or projections of the Borrower and its Subsidiaries, to be supplied at the request of the Administrative Agent prior to commencement of the fiscal year to which any of the foregoing may be applicable, (ii) any reports including management letters submitted to the Borrower by independent accountants in connection with any annual, interim or special audit, (iii) any reports, notices or proxy statements generally distributed by the Borrower to its stockholders on a date no later than the date supplied to the stockholders, (iv) regular or periodic reports, including Forms 10-K, 10-Q and 8-K, registration statements and prospectuses, filed by the Borrower with the Securities and Exchange Commission, (v) a copy of any order, issued by any Official Body in any proceeding to which the Borrower or any of its Subsidiaries is a party, and in which the amount in controversy exceeds $1,000,000, (vi) such other reports and information as the Banks may from time to time reasonably request. The Borrower shall also notify the Banks promptly of the enactment or adoption of any Law which may result in a Material Adverse Change with respect to the Borrower or any Subsidiary of the Borrower, and (vii) within 60 days of closing on any acquisition permitted under Section 7.2.6 in which the total consideration paid by the Borrower or its Subsidiary exceeded $5,000,000, such financial information as the Administrative Agent may reasonably request concerning the acquisition and its effect on the financial condition and performance of the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Triumph Group Inc /)

Budgets, Forecasts, Other Reports and Information. Promptly At the request of the Administrative Agent, any of the following items, promptly upon their becoming available to the Borrower: (i) the annual budget and any forecasts or projections of the Borrower and its Subsidiaries, to be certified by a responsible officer of the Borrower and supplied at the request of the Administrative Agent prior to commencement of the fiscal year to which any of the foregoing may be applicable, (ii) any reports including management letters submitted to the Borrower by independent accountants in connection with any annual, interim or special audit, (iii) any reports, notices or proxy statements generally distributed by the Borrower to its stockholders on a date no later than the date supplied to the stockholders, (iv) regular or periodic reports, including reports (other than the Forms 10-K, K or 10-Q which are addressed in Sections 5.3.1 and 5.3.2 above), including 8-K, registration statements and prospectuses, filed by the Borrower with the Securities and Exchange CommissionCommission within 5 days after such filing, (v) a copy of any order, issued by any Official Body in any proceeding to which the Borrower or any of its Subsidiaries is a party, and in which the amount in controversy exceeds $1,000,0002,500,000 or where injunctive or similar relief is sought, (vi) such other reports and information as the Banks may from time to time reasonably request. The Borrower shall also notify the Banks promptly of the enactment or adoption of any Law which may result in a Material Adverse Change with respect to the Borrower or any Subsidiary of the BorrowerChange, and (vii) within 60 days of closing on any acquisition permitted under Section 7.2.6 5.2.6 in which the total consideration paid by the Borrower or its Subsidiary exceeded $5,000,000, such financial information as the Administrative Agent may reasonably request concerning the acquisition and its effect on the financial condition and performance of the Borrowerany Loan Party.

Appears in 1 contract

Samples: Credit Agreement (Triumph Group Inc)

AutoNDA by SimpleDocs

Budgets, Forecasts, Other Reports and Information. Promptly At the request of the Administrative Agent, any of the following items, promptly upon their becoming available to the Borrower: (i) the annual budget and any forecasts or projections of the Borrower and its Subsidiaries, to be supplied at the request of the Administrative Agent prior to commencement of the fiscal year to which any of the foregoing may be applicable, (ii) any reports including management letters submitted to the Borrower by independent accountants in connection with any annual, interim or special audit, (iii) any reports, notices or proxy statements generally distributed by the Borrower to its stockholders on a date no later than the date supplied to the stockholders, (iv) regular or periodic reports, including reports (other than the Forms 10-K, 10-Q which are addressed in Sections 7.3.1 and 7.3.2 above), including 8-K, registration statements and prospectuses, filed by the Borrower with the Securities and Exchange Commission, (v) a copy of any order, issued by any Official Body in any proceeding to which the Borrower or any of its Subsidiaries is a party, and in which the amount in controversy exceeds $1,000,0002,500,000, (vi) such other reports and information as the Banks may from time to time reasonably request. The Borrower shall also notify the Banks promptly of the enactment or adoption of any Law which may result in a Material Adverse Change with respect to the Borrower or any Subsidiary of the BorrowerChange, and (vii) within 60 days of closing on any acquisition permitted under Section 7.2.6 in which the total consideration paid by the Borrower or its Subsidiary exceeded $5,000,000, such financial information as the Administrative Agent may reasonably request concerning the acquisition and its effect on the financial condition and performance of the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Triumph Group Inc /)

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