Customer Financial Covenant. Customer covenants that it will provide Contractor with financial information as follows: until the time Customer becomes a public company, monthly reports on Customer's anticipated available cash for the following twelve (12) months; thereafter, quarterly status reports (concurrent with quarterly filings required by the SEC) setting forth Customer's funding to date, monthly funding plans through the Delivery Date for the second Satellite, including identification of Customer's principal funding sources and Customer's anticipated ability to pay its obligations under this Contract as they become due. Customer shall provide additional information reasonably related to Customer's anticipated ability to pay its obligations under this Contract as they become due, as may be reasonably requested by Contractor.
Appears in 2 contracts
Samples: Satellite Purchase Contract (Xm Satellite Radio Holdings Inc), Satellite Purchase Contract (Xm Satellite Radio Holdings Inc)
Customer Financial Covenant. Customer covenants that it will provide Contractor with financial information as follows: until the time Customer becomes a public company, monthly reports on Customer's ’s anticipated available cash for the following twelve (12) months; thereafter, quarterly status reports (concurrent with quarterly filings required by the SEC) setting forth Customer's ’s funding to date, monthly funding plans through the Delivery Date for the second Satellite, including identification of Customer's ’s principal funding sources and Customer's ’s anticipated ability to pay its obligations under this Contract as they become due. Customer shall provide additional information reasonably related to Customer's ’s anticipated ability to pay its obligations under this Contract as they become due, as may be reasonably requested by Contractor.
Appears in 1 contract
Samples: Satellite Purchase Contract (Xm Satellite Radio Holdings Inc)
Customer Financial Covenant. Customer covenants that it will provide Contractor with financial information as follows: until the time Customer becomes a public company, monthly reports on Customer's anticipated available cash for the following twelve (12) months; thereafter, quarterly status reports (concurrent with quarterly filings required by the SEC) setting forth Customer's funding to date, monthly funding plans through the Delivery Date for the second Satellite, including identification of Customer's principal funding sources and Customer's anticipated ability to pay its obligations under this Contract as they become due. Customer shall provide additional information reasonably related to Customer's anticipated ability to pay its obligations under this Contract as they become due, as may be reasonably requested by Contractor.. 76
Appears in 1 contract
Samples: Satellite Purchase Contract (Xm Satellite Radio Holdings Inc)