Common use of Periodic Financial Reports Clause in Contracts

Periodic Financial Reports. (a) The Borrower shall, as soon as practicable and in any event within 45 days of the end of each of its fiscal quarters (excluding the fourth fiscal quarter), cause to be prepared and delivered to the Agent (with sufficient copies for each of the Lenders), its interim unaudited consolidated financial statements as at the end of such quarter. (b) The Borrower shall, as soon as practicable and in any event within 120 days after the end of each of its fiscal years, prepare and deliver to the Agent (with sufficient copies for each of the Lenders) its unaudited consolidated annual financial statements. (c) The Borrower shall, concurrently with the delivery of its quarterly financial statements and annual financial statements, provide the Agent (with sufficient copies for each of the Lenders) with a Compliance Certificate. (d) Anixter Inc. shall, as soon as practicable and in any event within 45 days of the end of each of its fiscal quarters (excluding the fourth fiscal quarter), cause to be prepared and delivered to the Agent (with sufficient copies for each of the Lenders), its interim unaudited consolidated financial statements as at the end of such quarter. (e) Anixter Inc. shall, as soon as practicable and in any event within 120 days after the end of each of its fiscal years, prepare and deliver to the Agent (with sufficient copies for each of the Lenders) its unaudited consolidated annual financial statements. (f) Anixter Inc. shall, concurrently with the delivery of its quarterly financial statements and annual financial statements, provide the Agent (with sufficient copies for each of the Lenders) with a Compliance Certificate. (g) Anixter Inc. shall, on a timely basis, provide the Agent (with sufficient copies for each of the Lenders), copies of all financial statements, reports and notices, if any, sent or made available generally by any Obligor to the holders of its publicly-held securities, if any, or filed with the Securities and Exchange Commission concerning developments in the business of any Obligor that individually or in the aggregate could reasonably be expected to have a Material Adverse Effect. (h) The Obligors shall promptly provide the Agent with all other information, reports and certificates reasonably requested by the Lenders from time to time concerning the business, financial condition and Property of the Borrower and each other Obligor, it being understood and agreed that the Agent and the Lenders shall treat all non-public information as confidential.

Appears in 1 contract

Samples: Credit Agreement (Anixter International Inc)

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Periodic Financial Reports. (a) The Borrower shall, as soon as practicable and in any event within 45 60 days of after the end of each of its fiscal quarters (excluding the its fourth fiscal quarter), cause to be prepared and delivered to the Agent (with sufficient copies for each of the Lenders), its interim unaudited consolidated quarterly financial statements as at the end of such quarter. (b) The Borrower shall, as soon as practicable and in any event within 120 days after the end of each of its fiscal years, prepare and deliver to the Agent (with sufficient copies for each of the Lenders) ), its unaudited annual consolidated annual financial statements. (c) The Borrower shall, concurrently with the delivery of its quarterly financial statements and annual financial statements, provide the Agent (with sufficient copies for each of the Lenders) with a Compliance Certificate. (d) Anixter Inc. Convergys Corporation shall, as soon as practicable and in any event within 45 60 days of after the end of each of its first three fiscal quarters (excluding the fourth fiscal quarter)quarters, cause to be prepared and delivered to the Agent (with sufficient copies for each of the Lenders), its interim unaudited consolidated quarterly financial statements as at the end of such quarter. (e) Anixter Inc. Convergys Corporation shall, as soon as practicable and in any event within 120 days after the end of each of its fiscal years, prepare and deliver to the Agent (with sufficient copies for each of the Lenders) ), its unaudited annual consolidated annual financial statements, audited by independent auditors acceptable to the Lenders. (f) Anixter Inc. Convergys Corporation shall, concurrently with the delivery of its quarterly financial statements and annual financial statements, provide the Agent (with sufficient copies for each of the Lenders) with a Compliance Certificate. (g) Anixter Inc. Convergys Corporation shall, concurrently with the filing, publishing, delivery or reporting by it or on a timely basisits behalf of any releases, reports, statements (including financial statements) or documents to the Securities and Exchange Commission or its shareholders, provide a copy of any such release, report, statement or document to the Agent (with sufficient copies for each of the Lenders), copies of all financial statements, reports and notices, if any, sent or made available generally by any Obligor to the holders of its publicly-held securities, if any, or filed with the Securities and Exchange Commission concerning developments in the business of any Obligor that individually or in the aggregate could reasonably be expected to have a Material Adverse Effect. (h) The Obligors shall promptly provide the Agent with all other information, reports and certificates reasonably requested by the Lenders from time to time concerning the business, financial condition and Property of the Borrower and each other Obligor, it being understood and agreed that the Agent and the Lenders shall treat all non-public information as confidential.

Appears in 1 contract

Samples: Credit Agreement (Convergys Corp)

Periodic Financial Reports. (a) The Each Borrower shall, as soon as practicable and in any event within 45 60 days of after the end of each of its fiscal quarters (excluding the its fourth fiscal quarter), cause to be prepared and delivered to the Agent (with sufficient copies for each of the Lenders), its interim unaudited consolidated quarterly financial statements as at the end of such quarter, comprising a balance sheet, an income statement and a cash flow statement. (b) The Each Borrower shall, as soon as practicable and in any event within 120 days after the end of each of its fiscal years, prepare and deliver to the Agent (with sufficient copies for each of the Lenders) ), its unaudited annual consolidated annual financial statements, comprising a balance sheet, an income statement and a cash flow statement. (c) The Borrower Borrowers shall, concurrently with the delivery of its their respective quarterly financial statements and annual financial statements, provide the Agent (with sufficient copies for each of the Lenders) with a Compliance Certificate. (d) Anixter Inc. Convergys Corporation shall, as soon as practicable and in any event within 45 60 days of after the end of each of its first three fiscal quarters (excluding the fourth fiscal quarter)quarters, cause to be prepared and delivered to the Agent (with sufficient copies for each of the Lenders), its interim unaudited consolidated quarterly financial statements as at the end of such quarter. (e) Anixter Inc. Convergys Corporation shall, as soon as practicable and in any event within 120 days after the end of each of its fiscal years, prepare and deliver to the Agent (with sufficient copies for each of the Lenders) ), its unaudited annual consolidated annual financial statements, audited by independent auditors acceptable to the Lenders. (f) Anixter Inc. Convergys Corporation shall, concurrently with the delivery of its quarterly financial statements and annual financial statements, provide the Agent (with sufficient copies for each of the Lenders) with a Compliance Certificate. (g) Anixter Inc. Convergys Corporation shall, concurrently with the filing, publishing, delivery or reporting by it or on a timely basisits behalf of any releases, reports, statements (including financial statements) or documents to the Securities and Exchange Commission or its shareholders, provide a copy of any such release, report, statement or document to the Agent (with sufficient copies for each of the Lenders), copies of all financial statements, reports and notices, if any, sent or made available generally by any Obligor to the holders of its publicly-held securities, if any, or filed with the Securities and Exchange Commission concerning developments in the business of any Obligor that individually or in the aggregate could reasonably be expected to have a Material Adverse Effect. (h) The Obligors shall promptly provide the Agent with all other information, reports and certificates reasonably requested by the Lenders from time to time concerning the business, financial condition and Property each of the Borrower Borrowers and each other Obligor, it being understood and agreed that the Agent and the Lenders shall treat all non-public information as confidential.

Appears in 1 contract

Samples: Credit Agreement (Convergys Corp)

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Periodic Financial Reports. (a) The Borrower shall, as soon as practicable and in any event within 45 60 days of the end of each of its fiscal quarters (excluding the including its fourth fiscal quarter), cause to be prepared and delivered to the Agent (with sufficient copies for each of the Lenders), its interim unaudited consolidated financial statements as at the end of such quarter. (b) The Borrower shall, as soon as practicable and in any event within 120 days after the end of each of its fiscal years, prepare and deliver to the Agent (with sufficient copies for each of the Lenders) its unaudited consolidated annual financial statementsstatements together with the notes thereto, which shall be audited by an internationally recognized accounting firm. (c) The Borrower shall, concurrently with the delivery of its quarterly financial statements and annual financial statements, provide the Agent (with sufficient copies for each of the Lenders) with a Compliance Certificate. (d) Anixter Inc. The Borrower shall, as soon as practicable and in any event within 45 not later than 60 days of after the end first day of each of its fiscal quarters (excluding the fourth fiscal quarter)years, cause to be prepared and delivered to the Agent (with sufficient copies for each of the Lenders) (i) a budget for such fiscal year, and (ii) financial forecasts for the immediately following three fiscal years, in each case setting forth financial projections for the Borrower on a consolidated basis, which shall include a projected income statement, projected balance sheet, projected statement of changes in funds and estimates of Capital Expenditures, all broken down quarterly (for the first year of the budget period only), its interim unaudited consolidated financial statements as at and otherwise in detail acceptable to the end of such quarterLenders, acting reasonably. (e) Anixter Inc. The Borrower shall, as soon as practicable and in concurrently with the filing, publishing, delivery or reporting by or on behalf of the CanWest Fund of any event within 120 days after the end releases, reports, statements (including financial statements) or documents to any regulatory authority or unitholder, provide a copy of each of its fiscal yearsany such release, prepare and deliver report, statement or document to the Agent (with sufficient copies for each of the Lenders) its unaudited consolidated annual financial statementsexcept in circumstances where such filing is made on a confidential basis, in which case it shall deliver a copy thereof when such filing is no longer confidential. (f) Anixter Inc. shall, concurrently with the delivery of its quarterly financial statements and annual financial statements, provide the Agent (with sufficient copies for each of the Lenders) with a Compliance Certificate. (g) Anixter Inc. shall, on a timely basis, provide the Agent (with sufficient copies for each of the Lenders), copies of all financial statements, reports and notices, if any, sent or made available generally by any Obligor to the holders of its publicly-held securities, if any, or filed with the Securities and Exchange Commission concerning developments in the business of any Obligor that individually or in the aggregate could reasonably be expected to have a Material Adverse Effect. (h) The Obligors Borrower shall promptly provide the Agent with all other information, reports and certificates reasonably requested by the Lenders from time to time concerning the business, financial condition and Property of the CanWest Fund, the Borrower and each other Obligor. If there is any change in a fiscal year from the accounting policies, it being understood practices and agreed calculation methods used by the Borrower (or its predecessors) in preparing its financial statements for its interim period ending 31 May 2005, or components thereof, the Borrower shall provide the Lenders with all information that the Agent and Lenders require to ensure that reports provided to the Lenders after any change are comparable to previous reports. In addition, all calculations made for the purposes of this Agreement shall treat all non-public information as confidentialcontinue to be made based on the accounting policies, practices and calculation methods that were used in preparing the financial statements for the Borrower (or its predecessors) for its interim period ending 31 May 2005 if the changed policies, practices and methods would affect the results of those calculations.

Appears in 1 contract

Samples: Credit Agreement (Canwest Mediaworks Inc)

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