Common use of Management Report Clause in Contracts

Management Report. Together with each delivery of financial statements of Borrower and its Subsidiaries pursuant to subdivisions (a), (b) and (c) of this Section 5.1, Borrower will deliver a management report: (1) describing the operations and financial condition of Borrower and its Subsidiaries for the month then ended and the portion of the current Fiscal Year then elapsed (or for the Fiscal Year then ended in the case of year-end financials); (2) setting forth in comparative form the corresponding figures for the corresponding periods of the previous Fiscal Year and the corresponding figures from the most recent Projections for the current Fiscal Year delivered to Lenders pursuant to 5.1(p); and (3) discussing the reasons for any significant variations. The information above shall be presented in reasonable detail and shall be certified by the chief financial officer of Borrower to the effect that such information fairly presents the results of operations and financial condition of Borrower and its Subsidiaries as at the dates and for the periods indicated.

Management Report. Together with each delivery of financial statements of Borrower and its Subsidiaries pursuant to subdivisions (a), (bA) and (cB) of this Section subsection 5.1, Borrower will deliver a management report: (1i) describing the operations and financial condition of Borrower and its Subsidiaries for the month then ended and the portion of the current Fiscal Year then elapsed (or for the Fiscal Year then ended in the case of year-end financials); (2ii) setting forth in comparative form the corresponding figures for the corresponding periods of the previous Fiscal Year and the corresponding figures from the most recent Projections for the current Fiscal Year delivered to Lenders pursuant to 5.1(p5.1(P); and (3iii) discussing the reasons for any significant variations. The information above shall be presented in reasonable detail and shall be certified by the chief financial officer of Borrower to the effect that such information fairly presents the results of operations and financial condition of Borrower and its Subsidiaries as at the dates and for the periods indicated.

Management Report. Together with each delivery of financial statements of the Borrower and its Subsidiaries pursuant to subdivisions (a), (bA) and (cB) of this this Section 5.1, 5.1 the Borrower will deliver a management report: (1) describing the operations and financial condition of the Borrower and its Subsidiaries for the month then ended and the portion of the current Fiscal Year fiscal year then elapsed (or for the Fiscal Year then ended in the case of year-end financials); (2) setting forth in comparative form the corresponding figures for the corresponding periods of the previous Fiscal Year and the corresponding figures from the most recent Projections for the current Fiscal Year delivered to the Lenders pursuant to 5.1(pSection 5.1(G); and (3) discussing the reasons for any significant variations. The information above shall be presented in reasonable detail and shall be certified by the chief financial officer of the Borrower to the effect that such information fairly presents the results of operations and financial condition of the Borrower and its Subsidiaries as at the dates and for the periods indicated.

Management Report. Together with each delivery of financial statements of Borrower and its Subsidiaries pursuant to subdivisions (aA), (bB) and (cC) of this Section subsection 5.1, Borrower will deliver a management report: (1) describing the operations and financial condition of Borrower and its Subsidiaries for the month then ended and the portion of the current Fiscal Year then elapsed (or for the Fiscal Year then ended in the case of year-end financials); (2) setting forth in comparative form the corresponding figures for the corresponding periods of the previous Fiscal Year and the corresponding figures from the most recent Projections for the current Fiscal Year delivered to Lenders pursuant to 5.1(p5.1(P); and (3) discussing the reasons for any significant variations. The information above shall be presented in reasonable detail and shall be certified by the chief financial officer of Borrower to the effect that such information fairly presents the results of operations and financial condition of Borrower and its Subsidiaries as at the dates and for the periods indicated.

Management Report. Together with each delivery of financial statements of Borrower and its Subsidiaries pursuant to subdivisions (a), (bsubsections 4.6(A) and (c) of this Section 5.14.6(B), Borrower will deliver a management report: report (1i) describing the operations and financial condition of Borrower and its Subsidiaries for the month then ended and the portion of the current Fiscal Year fiscal year then elapsed (or for the Fiscal Year fiscal year then ended in the case of year-end financials); , (2ii) setting forth in comparative form the corresponding figures for the corresponding periods of the previous Fiscal Year fiscal year and the corresponding figures from the most recent Projections for the current Fiscal Year fiscal year delivered to Lenders Agent pursuant to 5.1(psubsection 4.6(I); , and (3iii) discussing the reasons for any significant variations. The information above shall be presented in reasonable detail and shall be certified by the chief financial officer of Borrower to the effect that that, to the best of such officers knowledge, such information fairly presents in all material respects the results of operations and financial condition of Borrower and its Subsidiaries as at the dates and for the periods indicated.

Management Report. Together with each delivery of financial statements of Borrower and its Subsidiaries pursuant to subdivisions (a), (bA) and (cB) of this Section subsection 5.1, Borrower will deliver a management report: (1) describing the operations and financial condition of Borrower and its Subsidiaries for the month period then ended and the portion of the current Fiscal Year fiscal year then elapsed (or for the Fiscal Year then ended in the case of year-end financials); (2) setting forth in comparative form the corresponding figures for the corresponding periods of the previous Fiscal Year and the corresponding figures from the most recent Projections for the current Fiscal Year delivered to Lenders Lender pursuant to 5.1(p5.1(G), if any; and (3) discussing the reasons for any significant variations. The information above shall be presented in reasonable detail and shall be certified by the chief financial officer of Borrower to the effect that such information fairly presents the results of operations and financial condition of Borrower and its Subsidiaries as at the dates and for the periods indicated.

Management Report. Together with each delivery of financial ----------------- statements of Borrower and its Subsidiaries pursuant to subdivisions (a), (bA) and (cB) of this Section SUBSECTION 5.1, Borrower will deliver a management report: (1) describing the operations and financial condition of Borrower and its Subsidiaries for the month then ended and the portion of the current Fiscal Year then elapsed (or for the Fiscal Year then ended in the case of year-end financials); (2) setting forth in comparative form the corresponding figures for the corresponding periods of the previous Fiscal Year and the corresponding figures from the most recent Projections for the current Fiscal Year delivered to Lenders Lender pursuant to 5.1(pSUBSECTION 5.1(L); and (3) discussing the reasons for any significant variations. The information above shall be presented in reasonable detail and shall be certified by the chief financial officer of Borrower to the effect that such information fairly presents in all material respects the results of operations and financial condition of Borrower and its Subsidiaries as at the dates and for the periods indicated.

Management Report. Together with each delivery of financial statements of Borrower and its Subsidiaries pursuant to subdivisions (aA), (bB) and (cC) of this Section subsection 5.1, Borrower will deliver a management report: (1) describing the operations and financial condition of Borrower and its Subsidiaries for the month then ended and the portion of the current Fiscal Year then elapsed (or for the Fiscal Year then ended in the case of year-end financials); (2) setting forth in comparative form the corresponding figures for the corresponding periods of the previous Fiscal Year and the corresponding figures from the most recent Projections for the current Fiscal Year delivered to Lenders Lender pursuant to 5.1(p5.1(P); and (3) discussing the reasons for any significant variationsvariations from Borrower's business plan and Projections. The information above shall be presented in reasonable detail and shall be certified by the chief financial officer of Borrower to the effect that such information fairly presents the results of operations and financial condition of Borrower and its Subsidiaries as at the dates and for the periods indicated.

Management Report. Together with each delivery of financial statements of Borrower Borrowers and its their Subsidiaries pursuant to subdivisions subparts (a), (bA) and (cC) of this Section 5.1Annex B, Borrower Representative will deliver a management report: report (1) describing the operations and financial condition of Borrower and its Subsidiaries the Loan Parties for the month then ended and the portion of the current Fiscal Year then elapsed (or for the Fiscal Year then ended in the case of year-end financials); (2) setting forth in comparative form the corresponding figures for the corresponding periods of the previous Fiscal Year and the corresponding figures from the most recent Projections for the current Fiscal Year delivered to Lenders Lender pursuant to 5.1(p)subpart (Q) of this Annex B; and (3) discussing the reasons for any significant variations. The information above shall be presented in reasonable detail and shall be certified by the chief financial officer of Borrower Representative to the effect that such information fairly presents the results of operations and financial condition of Borrower and its Subsidiaries the Loan Parties as at the dates and for the periods indicated.