Provision of financial and other information. The Borrowers will provide to the Agent (where appropriate, in sufficient copies for distribution to each of the Banks):-
(A) within one hundred and eighty (180) days after the close of the relevant financial years, copies of the Audited Stena AB Financial Statements and of the Audited
(B) as soon as practicable, but in any event within ninety (90) days after 31 December 2004 and each of the dates falling quarterly thereafter (other than the final quarter of each financial year in respect of the Stena AB Group), certified copies of the unaudited consolidated management accounts of the Stena AB Group and of the Stena International Group for the preceding quarter or quarters of the relevant financial year together with sufficient details of the financial performance of the Restricted Group for that period to enable the Banks, the Standby Lender, the Issuing Banks and the Agent to monitor the compliance by the Borrowers and Stena AB with the financial covenants contained in Clause 14.13 (it being agreed, for the avoidance of doubt, that the details of the financial performance of the Restricted Group accompanying the aforesaid consolidated management accounts shall include the results of Bostads XX Xxxxx ("DROTT") for so long as it remains a member of the Restricted Group);
(C) promptly, such further information in the possession or control of the Borrowers or Stena AB regarding the financial condition and operations of the Stena AB Group and/or the Stena International Group as the Agent may reasonably request;
(D) within one hundred and eighty (180) days after the beginning of each financial year of Stena AB, a copy of the annual financial projections for the Restricted Group for that financial year and the four (4) financial years falling thereafter (it being agreed, for the avoidance of doubt, that such financial projections shall include the financial projections for Drott for so long as it remains a member of the Restricted Group);
(E) promptly after the making of such filing or report, a notice to the Agent of each filing or report made by Stena AB or any other member of the Stena AB Group with or to the U.S. Securities and Exchange Commission ("SEC") together with details of an e-mail link to the relevant page on "XXXXX" (the SEC's Electronic Data Gathering, Analysis and Retrieval system) on which a copy of such filing or report is contained;
(F) within ninety (90) days after the end of each financial year of Stena AB, an Officer's Certificate substant...
Provision of financial and other information. The Borrower will provide to the Facility Agent:-
(A) as soon as practicable, but in any event within one hundred and twenty (120) days after the close of each of its financial years, printed copies (in sufficient numbers for the Banks) of the audited consolidated profit and loss account and balance sheet of the Smedvig Group for that financial year;
(B) as soon as practicable (and in any event within sixty (60) days after the close of each of its financial quarters) a printed copy of the unaudited consolidated profit and loss account and balance sheet of the Smedvig Group for that financial quarter;
(C) not later than sixty (60) days after 31 March, 30 June, 30 September and not later than one hundred and twenty (120) days after 31 December in each year (commencing with 31 December 2004), a compliance certificate signed by the Chief Financial Officer of the Guarantor in the form set out in Schedule 5 (or such other form as the Facility Agent may from time to time reasonably require) certifying as to the financial condition of the Smedvig Group on a consolidated basis as at that quarterly reference date;
(D) not later than sixty (60) days after 30 June and 31 December in each year, copies of the Smedvig Group’s consolidated cash flow forecasts for the following twelve (12) month period;
(E) promptly, such further information in the possession or control of the Borrower and/or the Guarantor regarding the financial condition, operations and relevant contracts of the Smedvig Group (including, without limitation, any agreements between different Group Members) as the Facility Agent or any of the Lead Arrangers may reasonably request; and
(F) details of any litigation, arbitration or administrative proceedings which affect the Borrower or any other Group Member as soon as the same are instituted or, to the knowledge of the Borrower, threatened which involve a claim in an amount exceeding {Confidential Material}* or the equivalent in any other currency.
Provision of financial and other information deliver and provide the Finance Parties with:
(a) financial projections for each Financial Quarter;
(b) budgets for each Financial Year;
(c) appraisal reports and valuations for each Ship on a semi-annual basis pursuant to clause 8.2.2;
(d) copies of any filings by the Borrower with, and reports to, the United States Securities and Exchange Commission;
(e) such financial and other information concerning the Borrower, the other Security Parties and their respective affairs as they may from time to time reasonably require;
Provision of financial and other information in the case of the Borrower, any Owner and any Approved Manager (that is a Related Company of the Borrower and/or any Owner), deliver and provide to the Finance Parties, and in the case of any other Security Party, use its best endeavours to deliver and provide to the Finance Parties:
(a) financial projections for each Financial Year (to the extent that such financial projections are provided to the First Loan Finance Parties);
(b) budgets for each Financial Year (to the extent that such budgets are provided to the First Loan Finance Parties);
(c) appraisal reports and valuations for each Ship on a semi-annual basis (commencing from the date of this Agreement) pursuant to clause 8.2.2, or at any other time as the Agent may reasonably require, or, upon the occurrence of a Default, upon the request of the Agent;
(d) copies of any filings by the Borrower with, and reports to, the United States Securities and Exchange Commission, the SGX-ST and the MAS, and any announcement or disclosure made by the Borrower to the SGX-ST and/or the MAS;
(e) Compliance Certificates at the end of each Financial Quarter (including supporting schedules); and
(f) such financial and other information concerning the Borrower, the other Security Parties and their respective affairs as they may from time to time reasonably require;
Provision of financial and other information in the case of the Borrower, the Owner and any Manager (that is a Related Company of the Borrower and/or any Owner), deliver and provide to the Finance Parties, and in the case of any other Security Party, use its best endeavours to deliver and provide to the Finance Parties:
(a) financial projections for each Financial Year;
(b) budgets for each Financial Year;
(c) appraisal reports and valuations for each Ship on a semi-annual basis (commencing from the date of this Agreement) pursuant to clause 8.2.2 or, upon the occurrence of a Default, upon the request of the Agent;
(d) copies of any filings by the Borrower with, and reports to, the United States Securities and Exchange Commission, the SGX-ST and the MAS, and any announcement or disclosure made by the Borrower to the SGX-ST and/or the MAS;
(e) Compliance Certificates at the end of each Financial Quarter (including supporting schedules); and
(f) such financial and other information concerning the Borrower, the other Security Parties and their respective affairs as they may from time to time reasonably require;
Provision of financial and other information. 13.01. The Supplier undertakes to inform the Factor immediately of any change affecting its representation or shareholder composition (respectively, a change in its partners) and to submit to the Factor the necessary documents provided for in the relevant laws and certifying the relevant change (court decision, certificate of current legal status, etc. . under.). In addition, he undertakes to notify the Factor of any adverse change in his property or activities or of his significant financial burden with financial obligations towards third parties.
13.02. The Supplier undertakes to provide the Factor with accurate, true and timely information on its general financial status, on the factual and legal status of its assets, to provide the necessary documents immediately upon request and to assist, respectively provide assistance and access to the Factor's employees in the inspections carried out by them at the Supplier's facilities. The factor once a year (once within a calendar year) reviews the terms of the factoring contract and has the right to request changes to them, and the changes will be reflected in an annex between the parties. If the Supplier does not agree to a change in the conditions, the Factor has the right to unilaterally terminate the contract by sending a written notification (notice of termination) to the Supplier. The notification is sent no less than 3 (three) working days before the desired date of termination. In the event of termination in accordance with this clause, the relations between the parties shall be governed by Article 19 of these TOU. During the review, the Factor has the right to temporarily suspend funding under Article 4.01. of the Supplier.
13.03. The factor has the right to seek and receive information about the property and financial situation of the Supplier from any Bulgarian and foreign credit institutions or intermediaries, from the BNB, NOI and others, for which by signing the Factoring Agreement and in accordance with these Terms and Conditions, the Supplier irrevocably and unconditionally authorizes the Factor .
13.04. The Supplier undertakes to notify the Factor in writing of any change in the list of authorized representatives pursuant to Art. 3.03., as well as to present to the Factor duly certified copies of the documents certifying the authorization/authorization and representative power of the new authorized/authorized representatives (power of attorney, court certificates, etc.), as well as original sp...
