Information Undertaking. So long as any Security remains outstanding, the Issuer shall upload to its public website and provide to the Fiscal Agent to make available to the Holders (A) its audited annual consolidated financial statements within forty five (45) days of the date on which the board of directors of the Issuer approves the financial statements for the end of the fiscal year to which they relate; and (B) its unaudited semi-annual consolidated financial statements within forty five (45) days of the date on which the board of directors of the Issuer approves the unaudited semi-annual consolidated financial statements from the end of the fiscal period to which they relate.
Information Undertaking. Each Obligor hereby covenants and agrees that on and after the Initial Borrowing Date and until the aggregate amount of all the Commitments and all Documentary Credits have terminated and the Secured Obligations, together with interest, fees and all other obligations incurred hereunder and thereunder (other than indemnity and other similar obligations that are not then due and payable), are paid in full:
Information Undertaking. For the entire term of this Credit Agreement, the Borrower undertakes to provide the following information to UBS:
1. annually one copy of the balance sheet, the profit and loss statement and, if required by law, an audit report compliant with the legal requirements by no later than four months following the end of the financial year and consolidated annual report of Hardinge group. In the event of a change in circumstances UBS reserves the right to demand an audit report or to increase the requirements the audit report has to fulfill.
2. one copy of the budget, including the investment budget, by no later than 30 calendar days prior to commencement of the relevant fiscal year.
3. one copy of the quarterly reporting incl. balance sheet and profit and loss statement, statement of cash flow US-Gaap and development of order backlog by no later than one month following the end of the financial quarter, first due on 30 September 2009. UBS treats this information as confidential. The Borrower undertakes, for the entire term of this credit facility, to immediately inform UBS of any material changes, in particular of the occurrence, or likely occurrence, of any circumstances which might constitute grounds for extraordinary termination.
Information Undertaking. The undertakings in this Article 9 shall remain in force from the date of this Guarantee until the final and indefeasible payment in full in cash of all the Obligations.
Information Undertaking. The Company, the Ordinary Shareholder and Xx. Xxxx shall promptly provide or procure to be provided to the Investor such information as may be required by Applicable Laws and regulations or for the Investor to make an informed decision on the investment in the Group, including without limitation financial statements and management accounts of the Group Companies or any other parties to the Transaction Documents. The Company, the Ordinary Shareholder and Xx. Xxxx shall promptly notify the Investor if any of them is aware of an event, matter, fact, circumstance or change with respect to the Group Companies or any other parties to the Transaction Documents and/or the transactions contemplated under the Transaction Documents that would be (or could reasonably be expected to be) adverse to the Investor’s interest.
Information Undertaking. The Issuer may request from the Subscriber such additional information as the Issuer may deem reasonably necessary to evaluate the eligibility of the Subscriber to acquire the Subscriber Shares, and the Subscriber shall provide such information to the Issuer upon such request, and provided that the Issuer agrees to keep confidential any such information provided by the Subscriber.
Information Undertaking. For the entire term of this Credit Agreement, the Borrower undertakes to provide the following information to UBS:
1) one copy of the balance sheet and profit and loss statement, including any appendices, together with the auditor’s report, by no later than four months following the close of the fiscal year (separate and consolidated). Master no. 0272-00351697
2) one copy of the budget, including the investment budget, by no later than 30 calendar days prior to commencement of the relevant fiscal year. The Borrower undertakes, for the entire term of this credit facility, to immediately inform UBS of any material changes, in particular of the occurrence, or likely occurrence, of any circumstances which might constitute grounds for extraordinary termination.
Information Undertaking. 7.1 To the extent within its powers, the Issuer shall ensure that the CBC, the Administrator, the Internal Cover Pool Monitor and the Asset Monitor shall receive all such information that is required to check compliance with the Asset Cover Test, the Amortisation Test and the Mandatory Liquidity Test and to verify compliance with Articles 3:33b and 3:33ba of the Wft and Articles 40e up to and including 40m of the Decree, in accordance with the requirements prescribed by the CB Regulations.
Information Undertaking. Prisa hereby undertakes to hold monthly conference calls with the Lenders, from the date of this Agreement to the date on which the Equity Raising has been completed, in order to update the Lenders with full details of (i) the status of the Equity Raising (ii) the Digital + competition clearance status (iii) the Media Capital Disposal process and answer any questions, as necessary.
Information Undertaking. The Borrower shall deliver to the COFACE Agent:
(a) twice per calendar month on the 1st and 15th of each month (or if such dates are not working days in the place of incorporation of the Borrower, on the immediately preceding working day) and for the first time on 1st April 2011, a written report (in form and substance satisfactory to the COFACE Agent) regarding the status of the US Licence; and
(b) promptly upon request, such further information regarding the status of the US Licence (including any requested amplification or explanation with respect to the status of the application for the US Licence) as any Finance Party or COFACE (through the COFACE Agent) may request.
