Information to Lender Sample Clauses
The "Information to Lender" clause requires the borrower to provide the lender with specific information, documents, or updates relevant to the loan agreement. Typically, this includes financial statements, notices of material changes, or other disclosures that help the lender monitor the borrower's financial health and compliance with the loan terms. By mandating regular and transparent communication, this clause enables the lender to assess risk, ensure ongoing creditworthiness, and respond proactively to potential issues.
Information to Lender. The Borrower shall provide the following items to the Lender, in each case in an electronic format which is acceptable to the Lender and otherwise in form and detail satisfactory to the Lender:
(a) audited annual financial statements of the Borrower pursuant to Section 5.03 within the time required therefor;
(b) internally prepared semi-annual statements of the Borrower; and
(c) annual budgets pursuant to Section 5.02 within the time required therefore; and
(d) such additional information as the Lender shall reasonably request from time to time pursuant to written notice to the Borrower.
Information to Lender. Promptly give written notice to Lender of:
(1) all litigation affecting Borrower when the amount claimed is One Hundred Thousand Dollars ($100,000) or more;
(2) any dispute which may exist between Borrower and any governmental regulatory body or law enforcement authority which could have a Borrower Material Adverse Effect;
(3) any labor controversy resulting in or threatening a strike against Borrower;
(4) any proposal by any public authority to acquire Borrower's assets or business or to engage in activities competitive with Borrower;
(5) any Event of Default or any event that, with the lapse of time or notice or both, would become an Event of Default; and
(6) any other matter that has resulted or might result in a Borrower Material Adverse Effect;
Information to Lender. Clearing Member and Ad hoc Verification Committee Members; Completion of Ad hoc Verification Procedure Eurex Clearing AG shall, after the relevant action pursuant to Number 0 14.1, 0 or 0 14.2 or 14.3, respectively, has been taken, notify the Lender Clearing Member and each Ad hoc Verification Committee Member of the Ad hoc Verification Committee by email of the relevant result and, upon submission of such notifications, the Ad hoc Verification Procedure shall be completed.