Permitted Countries Report Sample Clauses
The Permitted Countries Report clause requires one party to provide a list or report identifying the countries where certain activities, such as data processing, storage, or service delivery, are authorized under the agreement. Typically, this report must be updated periodically or upon request, ensuring that both parties are aware of where operations are taking place. The core function of this clause is to maintain transparency and compliance with legal or contractual restrictions regarding geographic locations, thereby helping to manage regulatory risk and ensure adherence to jurisdictional requirements.
Permitted Countries Report. As soon as available, and in any event within 30 days after the end of each Fiscal Quarter of each Fiscal Year, a certificate of a Responsible Officer of the Borrower (on behalf of the Borrower) setting forth in reasonable detail the Receivables of the Borrower or any of its Subsidiaries payable from Persons located in the countries set forth in Schedule 6.1(h), together with an updated Schedule 6.1(h) or a certification that the last Schedule 6.1(h) delivered pursuant to this clause (h) is correct and complete as of the date of such certificate (it being understood that Borrower may update such schedule from time to time in form reasonably acceptable to the Administrative Agent).
Permitted Countries Report. As soon as available, and in any event within 30 days after the end of each Fiscal Quarter of each Fiscal Year, a certificate of a Responsible Officer of the Parent (on behalf of the Parent) setting forth in reasonable detail the Receivables of the Parent or any of its Subsidiaries payable from Persons located in the countries set forth in Schedule 6.1(g), together with an updated Schedule 6.1(g) or a certification that the last Schedule 6.1(g) delivered pursuant to this clause (g) is correct and complete as of the date of such certificate (it being understood that Parent may update such schedule from time to time in form reasonably acceptable to the Administrative Agent).