Common use of InformationInformation Clause in Contracts

InformationInformation. The Lessee shall: a. notify the Lessor forthwith of the occurrence of any Event of Default; b. furnish to the Lessor: i. within 60 days after the last day of the first three fiscal quarters of each fiscal year of the Lessee, unaudited quarterly financial statements of the Lessee prepared for such quarter, including a balance sheet as of the last day of such quarter and statements of income and retained earnings and statements of cash flow for such fiscal quarter, all in reasonable detail (subject to year-end audit adjustments) and prepared in accordance with Mexican GAAP; ii. as soon as available but not in any event later than 120 days after the last day of each fiscal year of the Lessee, audited consolidated financial statements of the Lessee prepared for such year, including a consolidated balance sheet of the Lessee and its Subsidiaries as of the last day of such year and consolidated statements of income and retained earnings and consolidated statements of cash flow for such fiscal year and on a comparative basis figures for the immediately preceding fiscal year, all in reasonable detail, each prepared in accordance with Mexican GAAP and certified by Coopers & Xxxxxxx or another firm of internationally recognized independent certified public accountants as fairly presenting the financial position and the results of operations of Lessee and its Subsidiaries at the end of and for such fiscal year and as having been prepared in accordance with Mexican GAAP; iii. at the same time as it is issued to the creditors of the Lessee, a copy of each notice or circular issued to the Lessee's creditors as a group; and iv. on request from time to time such other information regarding the Lessee and its business and affairs as the Lessor may reasonably request; c. on request, inform the Lessor as to the current serial numbers of the Engines and any engine installed on the Airframe; d. promptly furnish to the Lessor all information which the Lessor from time to time reasonably requests regarding the Aircraft, any Engine or any Part and its use, location and condition, including the hours available on the Aircraft and any Engine until the next scheduled check, inspection, overhaul or shop visit, as the case may be; e. on request, furnish to the Lessor evidence reasonably satisfactory to the Lessor that all Taxes and charges incurred by the Lessee with respect to the Aircraft have been paid and discharged in full; f. provide the Lessor, within 15 days following the end of each Rental Period, with a monthly report on the Aircraft in the form set out in Schedule 8; g. give the Lessor annual written notice of the time and location of all Major Checks during the succeeding 12-month period; h. promptly notify the Lessor of: i. any loss, theft, damage or destruction to the Airframe, any Engine or any Part, or any modification to the Aircraft if the potential cost may reasonably be expected to exceed the Damage Notification Threshold; ii. any claim or other occurrence likely to give rise to a claim under the Insurances (but, in the case of hull claims only, in excess of the Damage Notification Threshold) and details of any negotiations with the insurance brokers over any such claim; and iii. any litigation, arbitration or administrative proceedings that are pending or, to the Lessee's knowledge, threatened against the Lessee which, if adversely determined, would have a material adverse effect upon its financial condition or business or its ability to perform its obligations under this Agreement. All reports delivered to the Lessor, Trustee or Owner Participant pursuant to this Clause 8.2 shall be in English.