Compliance Reports. Debtor’s Authorized Representative shall certify periodically that Debtor is in compliance with the requirements of subsection (a) above. Such notification and certification shall be provided within thirty (30) days after the end of each fiscal quarter (the “Compliance Date”), reflecting such information as of the end of such fiscal quarter. If Debtor fails timely to provide such notification and compliance certificates, within fifteen (15) days after the Compliance Date, such failure shall be deemed a default under the Agreement if not cured within two (2) business days after written notice from Secured Party. The reports required under this section are in addition to and not a substitute for the reports required under the REPORTS Section of the Agreement. Except as expressly modified hereby, all terms and provisions of the Agreement shall remain in full force and effect. This Addendum No. 001 is not binding or effective with respect to the Agreement until executed on behalf of Secured Party and Debtor by authorized representatives of Secured Party and Debtor.
Appears in 2 contracts
Samples: Master Security Agreement, Master Security Agreement (Aveo Pharmaceuticals Inc)
Compliance Reports. Debtor’s 's Authorized Representative shall certify periodically that Debtor is in compliance with the requirements of subsection (a) above. Such notification and certification shall be provided within thirty (30) days after the end of each fiscal quarter (the “"Compliance Date”"), reflecting such information as of the end of such fiscal quarter. If Debtor fails timely to provide such notification and compliance certificates, within fifteen (15) days after the Compliance Date, such failure shall be deemed a default under the Agreement if not cured within two (2) business days after written notice from Secured Party. The reports required under this section are in addition to and not a substitute for the reports required under the REPORTS Section of the Agreement. Except as expressly modified hereby, all terms and provisions of the Agreement shall remain in full force and effect. This Addendum No. 001 Xxxxxxxx Xx.000 is not binding or effective with respect to the Agreement until executed on behalf of Secured Party and Debtor by authorized representatives of Secured Party and Debtor.
Appears in 2 contracts
Samples: Master Security Agreement (Amphastar Pharmaceuticals, Inc.), Master Security Agreement (Amphastar Pharmaceuticals, Inc.)
Compliance Reports. Debtor’s 's Authorized Representative shall certify periodically that Debtor is in compliance with the requirements of subsection (a) above. Such notification and certification shall be provided within thirty ninety (3090) days after the end of each fiscal quarter (the “Compliance Date”"COMPLIANCE DATE"), reflecting such information as of the end of such fiscal quarter. If Debtor fails timely to provide such notification and compliance certificates, within fifteen (15) days after the Compliance Date, such failure shall automatically be deemed a default under the Agreement if not cured within two (2) business days after written without notice from or other act by Secured Party. The reports required under this section are in addition to and not a substitute for the reports required under the REPORTS Section of the Agreement. Except as expressly modified hereby, all terms and provisions of the Note and Security Agreement shall remain in full force and effect. This Addendum No. 001 is not binding or nor effective with respect to the Note and Security Agreement until executed on behalf of Secured Party and Debtor by authorized representatives of Secured Party and Debtor.
Appears in 1 contract
Samples: Master Security Agreement (Chromavision Medical Systems Inc)
Compliance Reports. Debtor’s 's Authorized Representative shall certify periodically that Debtor is in compliance with the requirements of subsection (a) above. Such notification and certification shall be provided within thirty (30) days after the end of each fiscal quarter month (the “Compliance Date”"COMPLIANCE DATE"), reflecting such information as of the end of such fiscal quartermonth. If Debtor fails timely to provide such notification and compliance certificates, within fifteen (15) days after the Compliance Date, such failure shall be deemed a default under the Agreement if not cured within two (2) business days after written notice from Secured Party. The reports required under this section are in addition to and not a substitute for the reports required under the REPORTS Section of the Agreement. Except as expressly modified hereby, all terms and provisions of the Agreement shall remain in full force and effect. This Addendum No. 001 No.00l is not binding or effective with respect to the Agreement until executed on behalf of Secured Party and Debtor by authorized representatives of Secured Party and Debtor.
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