Information Relating to Seller Sample Clauses
The "Information Relating to Seller" clause defines the obligations and parameters regarding the disclosure and use of information about the seller in a transaction. Typically, this clause outlines what information the seller must provide to the buyer, such as financial statements, legal compliance documents, or other material facts relevant to the deal. It may also specify how the buyer can use this information and any confidentiality requirements. The core function of this clause is to ensure transparency and facilitate informed decision-making by the buyer, while also protecting sensitive seller information from misuse.
Information Relating to Seller. The Borrower shall require Seller to provide to the Administrative Agent and each Lender financial reporting information relating to Seller substantially corresponding to the Borrower’s own obligations under this Section 5.1(a).
