Business Reporting Language Clause Samples
The Business Reporting Language clause defines the specific format or standard that must be used for preparing and submitting business reports under the agreement. Typically, this clause requires parties to use a recognized reporting language, such as XBRL (eXtensible Business Reporting Language), for financial statements or other required disclosures. By mandating a uniform reporting format, the clause ensures consistency, comparability, and easier analysis of submitted information, thereby reducing misunderstandings and facilitating regulatory compliance.
Business Reporting Language. The interactive data in eXtensible Business Reporting Language included or incorporated by reference in the Registration Statement fairly presents the information called for in all material respects and has been prepared in accordance with the Commission’s rules and guidelines applicable thereto.
Business Reporting Language. The interactive data in eXtensible Business Reporting Language included or incorporated by reference in the Registration Statement and Prospectus fairly presents the information called for in all material respects and has been prepared in accordance with the Commission’s rules and guidelines applicable thereto. Any certificate signed by an officer of the Company and delivered to the Agent or to counsel for the Agent pursuant to or in connection with this Agreement shall be deemed to be a representation and warranty by the Company, as applicable, to the Agent as to the matters set forth therein.