Financial and Covenant Compliance Reporting Requirements Sample Clauses

Financial and Covenant Compliance Reporting Requirements. (a) Borrower shall furnish and, as appropriate, cause Guarantor to furnish, to Lender the following in form reasonably acceptable to Lender: REPORTING PARTY REQUIRED STATEMENT TO BE RECEIVED BY 1. Borrower After Completion, annual audited financial statement prepared in accordance with GAAP (CPA Compiled, at a minimum), and certified by each reporting party, which shall include balance sheets and income statements Within 120 days of the end of each Fiscal Year during the term of the Loan 2. Borrower After Completion, the monthly (i) rent roll, (ii) Operating Statement, and (iii) leasing status report for the Project (to be prepared and certified by reporting party) Within 30 days of the end of each calendar month between Completion Date and the Maturity Date 3. Borrower After Completion, proposed Operating Budget for upcoming Fiscal Year At least 30 days after the commencement of each Fiscal Year 4. Borrower After Completion, annual federal tax returns, including K-1’s (to be prepared and certified by reporting party) Within 30 days of filing, and in any event no later than November 30 of each year during the term of the Loan 5. Borrower Compliance Certificate Within 30 days of the end of each calendar quarter during the term of the Loan 6. Guarantor Annual audited financial statements (CPA reviewed, at a minimum) and certified by each reporting party Within 180 days after the end of each Fiscal Year during the term of the Loan 7. Guarantor Quarterly Guarantor Compliance Certificate (with bank statements if funds are not held with Lender, and any other documentation satisfactory to Lender to support Net Worth and Liquidity requirements) Within 30 days after each calendar quarter during the term of the Loan 8. Guarantor Annual federal tax returns (to be prepared and certified by the reporting party) Within 30 days of the filing, and in any event no later than November 30 of each year during the term of the Loan 9. Borrower Evidence that Impositions have been paid in accordance with Section 10.2 Annually at least 10 days before payment is due 10. Borrower Evidence that the Insurance Requirements set forth on Exhibit L Annually at least 10 days before any insurance renewal is required REPORTING PARTY REQUIRED STATEMENT TO BE RECEIVED BY have been satisfied (e.g. insurance certificates) that Insurance Premiums have been paid in accordance with Section 10.3 or as otherwise required by Lender 11. Guarantor Update to schedule or real estate holdings Semi-annually...
Sample 1
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Financial and Covenant Compliance Reporting Requirements 
Sample 1

Related to Financial and Covenant Compliance Reporting Requirements

  • Reporting Requirements The Company, during the period when the Prospectus is required to be delivered under the 1933 Act or the 1934 Act, will file all documents required to be filed with the Commission pursuant to the 1934 Act within the time periods required by the 1934 Act and the 1934 Act Regulations.

  • Child Abuse Reporting Requirements A. Grantees shall comply with child abuse and neglect reporting requirements in Texas Family Code Chapter 261. This section is in addition to and does not supersede any other legal obligation of the Grantee to report child abuse. B. Grantee shall use the Texas Abuse Hotline Website located at xxxxx://xxx.xxxxxxxxxxxxxx.xxx/Login/Default.aspx as required by the System Agency. Grantee shall retain reporting documentation on site and make it available for inspection by the System Agency.

  • Compliance Requirements A. Nondiscrimination. The Contractor agrees to comply, and to require its subcontractor(s) to comply, with the nondiscrimination provisions of MCL 37.2209. The Contractor further agrees to comply with the provisions of Section 9:158 of Chapter 112 of the Xxx Arbor City Code and to assure that applicants are employed and that employees are treated during employment in a manner which provides equal employment opportunity.

  • Compliance with Reporting Requirements The Company is subject to and in full compliance with the reporting requirements of Section 13 or Section 15(d) of the Exchange Act.

  • Compliance Reporting a. Provide reports to the Securities and Exchange Commission, the National Association of Securities Dealers and the States in which the Fund is registered. b. Prepare and distribute appropriate Internal Revenue Service forms for corresponding Fund and shareholder income and capital gains. c. Issue tax withholding reports to the Internal Revenue Service.

  • Additional Reporting Requirements Contractor agrees to submit written quarterly reports to H-GAC detailing all transactions during the previous three (3) month period. Reports must include, but are not limited, to the following information: a. Customer Name b. Product/Service purchased, including Product Code if applicable c. Customer Purchase Order Number

  • Compliance Reports The Subadvisor at its expense will provide the Advisor with such compliance reports relating to its duties under this Agreement as may be agreed upon by such parties from time to time.

  • CONTRACT COMPLIANCE REQUIREMENT The HUB requirement on this Contract is 0%. The student engagement requirement of this Contract is 0 hours. The Career Education requirement for this Contract is 0 hours. Failure to achieve these requirements may result in the application of some or all of the sanctions set forth in Administrative Policy 3.10, which is hereby incorporated by reference.

  • General Reporting Requirements The MA-PD Sponsor agrees to submit to information to CMS according to 42 CFR §§423.505(f), 423.514, and the “Final Medicare Part D Reporting Requirements,” a document issued by CMS and subject to modification each program year.

  • Reporting Requirement (1) In the event the Contractor identifies covered telecommunications equipment or services used as a substantial or essential component of any system, or as critical technology as part of any system, during contract performance, or the Contractor is notified of such by a subcontractor at any tier or by any other source, the Contractor shall report the information in paragraph (d)(2) of this clause to the Contracting Officer, unless elsewhere in this contract are established procedures for reporting the information; in the case of the Department of Defense, the Contractor shall report to the website at xxxxx://xxxxxx.xxx.xxx. For indefinite delivery contracts, the Contractor shall report to the Contracting Officer for the indefinite delivery contract and the Contracting Officer(s) for any affected order or, in the case of the Department of Defense, identify both the indefinite delivery contract and any affected orders in the report provided at xxxxx://xxxxxx.xxx.xxx. (2) The Contractor shall report the following information pursuant to paragraph (d)(1) of this clause (i) Within one business day from the date of such identification or notification: the contract number; the order number(s), if applicable; supplier name; supplier unique entity identifier (if known); supplier Commercial and Government Entity (CAGE) code (if known); brand; model number (original equipment manufacturer number, manufacturer part number, or wholesaler number); item description; and any readily available information about mitigation actions undertaken or recommended. (ii) Within 10 business days of submitting the information in paragraph (d)(2)(i) of this clause: any further available information about mitigation actions undertaken or recommended. In addition, the Contractor shall describe the efforts it undertook to prevent use or submission of covered telecommunications equipment or services, and any additional efforts that will be incorporated to prevent future use or submission of covered telecommunications equipment or services.

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