Common use of Delivery of Audits Clause in Contracts

Delivery of Audits. Within thirty (30) days after the end of each fiscal quarter of the Company, the Floor Plan Agent shall deliver to the Agent a summary of the audits of Motor Vehicles of each of the Floor Plan Borrowers performed by the Floor Plan Agent during the fiscal quarter just ended, setting forth therein a spread sheet reflecting for all Floor Plan Borrowers all Motor Vehicles Out of Balance at any time during such fiscal quarter each such Motor Vehicle was Out of Balance. The Agent shall promptly deliver a copy of such report to each Lender.

Appears in 9 contracts

Samples: Revolving Credit Agreement (Group 1 Automotive Inc), Revolving Credit Agreement (Group 1 Automotive Inc), Revolving Credit Agreement (Group 1 Automotive Inc)

AutoNDA by SimpleDocs

Delivery of Audits. Within thirty (30) days after the end of each fiscal quarter of the Company, the Floor Plan Agent shall deliver to the Agent a summary of the audits of Motor Vehicles of each of the Floor Plan Borrowers performed by the Floor Plan Agent during the fiscal quarter just ended, setting forth therein a spread sheet reflecting for all Floor Plan Borrowers all Motor Vehicles Out a summary of Balance at any time the results of each floor plan audit during such the fiscal quarter each such Motor Vehicle was Out of Balancequarter. The Agent shall promptly deliver a copy of such report to each Lender.

Appears in 1 contract

Samples: Security and Pledge Agreement (Asbury Automotive Group Inc)

Delivery of Audits. Within thirty (30) days after the end of each quarter of each fiscal year of the Company, commencing the fourth fiscal quarter of the Company1999, the Floor Plan Agent shall deliver to the Agent a summary of the audits of Motor Vehicles of each of the Floor Plan Borrowers performed by the Floor Plan Agent during the fiscal quarter just ended, setting forth therein a spread sheet reflecting for all Floor Plan Borrowers all Motor Vehicles Out of Balance at any time during such fiscal quarter and the number of days, if any, each such Motor Vehicle was Out of Balance. The Agent shall promptly deliver a copy of such report to each Lender.

Appears in 1 contract

Samples: Revolving Credit Agreement (Group 1 Automotive Inc)

AutoNDA by SimpleDocs

Delivery of Audits. Within thirty (30) days after the end of each quarter of each fiscal quarter year of the Company, the Floor Plan Agent shall deliver to the Agent a summary of the audits of Motor Vehicles of each of the Floor Plan Borrowers performed by the Floor Plan Agent during the fiscal quarter just ended, setting forth therein a spread sheet reflecting for all Floor Plan Borrowers all Motor Vehicles Out of Balance at any time during such fiscal quarter each such Motor Vehicle was Out of Balance. The Agent shall promptly deliver a copy of such report to each Lender.

Appears in 1 contract

Samples: Revolving Credit Agreement (Group 1 Automotive Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.