Common use of Informational Covenant Clause in Contracts

Informational Covenant. Within sixty (60) days after the end of the fiscal year of the Borrower, the Borrower will furnish or cause to be furnished to Lender information required by the SBA concerning the economic impact of the Lender's investment, for (or as of the end of ) each fiscal year, including but not limited to, board minutes, information concerning full-time equivalent employees; Federal, state and local income taxes paid; gross revenue; source of revenue growth; after-tax profit and loss; and Federal, state and local income tax withholding. Such information shall be forwarded by Borrower on a form provided by the Lender. The Borrower also will furnish or cause to be furnished to the Lender such other information regarding the business, affairs and condition of the Borrower as the Lender may from time to time reasonably request.

Appears in 7 contracts

Samples: Loan Agreement (Vpgi Corp), Loan Agreement (International Travel Cd S Inc), Loan Agreement (Stellar Technologies, Inc.)

AutoNDA by SimpleDocs

Informational Covenant. Within sixty (60) days after the end of the fiscal year of the Borrower, the Borrower will furnish or cause to be furnished to Lender information required by the SBA concerning the economic impact of the Lender's investment, for (or as of the end of of) each fiscal year, including but not limited to, board minutes, information concerning full-time equivalent employees; Federal, state and local income taxes paid; gross revenue; source of revenue growth; after-tax profit and loss; and Federal, state and local income tax withholding. Such information shall be forwarded by Borrower on a form provided by the Lender. The Borrower also will furnish or cause to be furnished to the Lender such other information regarding the business, affairs and condition of the Borrower as the Lender may from time to time reasonably request.

Appears in 1 contract

Samples: Loan Agreement (International Travel Cd S Inc)

Informational Covenant. (a) Within sixty (60) days after the end of the fiscal year of the Borrower, the Borrower will furnish or cause to be furnished to Lender information required by the SBA concerning the economic impact of the Lender's investment, for (or as of the end of ) each fiscal year, including but not limited to, board minutes, information concerning full-time equivalent employees; Federal, state and local income taxes paid; gross revenue; source of revenue growth; after-tax profit and loss; and Federal, state and local income tax withholding. Such information shall be forwarded by Borrower on a form provided by the Lender. The Borrower also will furnish or cause to be furnished to the Lender such other information regarding the business, affairs and condition of the Borrower as the Lender may from time to time reasonably request.

Appears in 1 contract

Samples: Convertible Loan Agreement (Earthcare Co)

AutoNDA by SimpleDocs

Informational Covenant. Within sixty (60) days after the end of the ----------------------- fiscal year of the Borrower, the Borrower will furnish or cause to be furnished to Lender information required by the SBA concerning the economic impact of the Lender's Lender`s investment, for (or as of the end of ) each of)each fiscal year, including but not limited to, board minutes, information concerning full-time equivalent employees; Federal, state and local income taxes paid; gross revenue; source of revenue growth; after-tax profit and loss; and Federal, state and local income tax withholding. Such information shall be forwarded by Borrower on a form provided by the Lender. The Borrower also will furnish or cause to be furnished to the Lender such other information regarding the business, affairs and condition of the Borrower as the Lender may from time to time reasonably request.

Appears in 1 contract

Samples: Loan Agreement (Trimedia Entertainment Group Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!