Quarterly Management Accounts. PML as Administrator, shall on behalf of the Issuer prepare a management account for each Collection Period, the first such accounts being for the period from the Closing Date to the Principal Determination Date falling in July 2018 in the form of the agreed draft, and PML as Administrator shall deliver such quarterly management account to the Issuer not later than the first day of the second month of the next following Collection Period.
Quarterly Management Accounts. (in the case of the Parent) in respect of each Quarterly Period commencing with the Quarterly Period ending 30th September 1997, prepare unaudited Quarterly Management Accounts for each of:
(i) the Parent (unconsolidated),
(ii) Radio Public (unconsolidated),
(iii) the Telekabel Entities (consolidated),
(iv) Xxxxx and its Subsidiaries (consolidated), and
(v) the Restricted Group (combined) in each case containing information of a substantially similar type and to a substantially similar level of detail as in the format used in the preparation of the Management Base Case (including, without limitation, a profit and loss account, balance sheet, cash flow statement and summary of operating statistics in the form (or in a form substantially similar to the form) used in the Management Base Case and, in the case of the last Quarterly Period of each financial year, a profit and loss account, and cash flow statement for that financial year in the form (or in a form substantially similar to the form) used in the Management Base Case) or omitting any such information or detail or containing such other information or to such other level of detail as may, from time to time, be approved by the Agent (acting on the instructions of the Majority Banks acting reasonably) in writing and deliver a copy of the same to the Agent for distribution to all of the Banks as soon as practicable but not later than 45 days after the Quarterly Period to which they relate;
Quarterly Management Accounts. MCI shall deliver to the Purchasers the June Balance Sheet and June Income Statement as soon as available and in any event no later than July 15, 2004.
Quarterly Management Accounts. (in the case of the Original Borrower) procure in respect of each Quarterly Period commencing with the Quarterly Period ending 30 June 2000, the preparation of unaudited Quarterly Management Accounts for each of the Immediate Shareholder Group, the Group and the Restricted Group and deliver sufficient copies of the same to the Agent for distribution to all of the Banks as soon as practicable but not later than (i) for each Quarterly Period (other than the Quarterly Period ending on 31 December 2000) during the year 2000, 75 days after the end of the Quarterly Period to which may relate, (ii) for each Quarterly Period ending on 31 December in any year, 120 days after the end of the Quarterly Period to which they relate and (iii) for each other Quarterly Period, 60 days after the Quarterly Period to which they relate;
Quarterly Management Accounts. (in the case of TCN only) in respect of each Quarterly Period, prepare unaudited consolidated Quarterly Management Accounts for the TCN Group containing information of the same type and to the same level of detail as in the format agreed with the Lead Arrangers (including, without limitation, a profit and loss account, balance sheet and cash flow statement and, in the case of the last Quarterly Period of each financial year, a profit and loss account, balance sheet and cash flow statement for that financial year in the agreed form) (or omitting any such information or detail or containing such other information or to such other level of detail as may, from time to time, be approved by the Agent (acting on the instructions of the Majority Lenders) in writing); TCN shall deliver a copy of the same to the Agent for distribution to all of the Lenders at the same time as the same are publicly announced, but in any event not later than 45 days (or, in the case of the last Quarterly Period of each financial year in which a Facility D Advance has been drawn, 75 days or if no Facility D Advance has been drawn in such financial year, 60 days) after the Quarterly Period to which they relate;
Quarterly Management Accounts as soon as practicable and in any event within 45 days after the quarter ending on March 31 and September 30, respectively, two copies of the consolidated quarterly management accounts in respect of the Group, prepared in accordance with UK GAAP (consistently applied) applicable to management accounts generally and including (i) a consolidated balance sheet, (ii) a consolidated profit and loss account for the relevant quarter, and (iii) a consolidated
Quarterly Management Accounts. (in the case of UPCF) in respect of each Quarterly Period commencing with the Quarterly Period ending 30th June, 1999 prepare unaudited consolidated Quarterly Management Accounts in respect of UPCF in accordance with GAAP but without footnotes and subject to normal year end adjustments and deliver a copy of the same to the Agent together with the Quarterly Management Accounts of each of Radio Public (unconsolidated), the Telekabel Austrian Entities (consolidated), Stipdon (consolidated), Xxxxx (unconsolidated) and each Acceding Guarantor, used in the preparation of the Quarterly Management Accounts of UPCF for distribution to all of the Banks as soon as practicable but not later than 45 days after the Quarterly Period to which they relate (except in relation to the Quarterly Management Accounts in respect of the Quarterly Period ended 30 June 1999 which shall be delivered to the Agent as soon as practicable but not later than 75 days after such Quarterly Period) provided that if at the end of the relevant Quarterly Period, UPCF and its Subsidiaries does not constitute the Restricted Group, UPCF shall also prepare combined Quarterly Management Accounts in respect of the Restricted Group in relation to the same Quarterly Period in accordance with GAAP other than by reason of the Unrestricted Subsidiaries being excluded and deliver a copy of the same to the Agent for distribution to all of the Banks as soon as practicable but not later than 45 days after the Quarterly Period to which they relate;
Quarterly Management Accounts. (in the case of the Original Borrower) procure in respect of each month commencing with the month ending 31 March 2001, the preparation of unaudited Quarterly Management Accounts in respect of the Three Month Period ending on the last day of such month for each of the Immediate Shareholder Group and the Group (in the case of the Group showing the Golden Telecom Group and the Central European Group separately) and deliver sufficient copies of the same to the Agent for distribution to all of the Banks as soon as practicable but not later than 45 days, in respect of the Three Month Period ending 31 March 2001, or 30 days, otherwise, after the end of the Three Month Period to which they relate;
Quarterly Management Accounts. 2.1 In order to determine the amount of any payment due to the Seller under clause 3.3.1 of this Agreement, during the Payment Period the Buyer shall prepare and deliver to the Seller within 15 Business Days of the end of each Quarter, Quarterly Management Accounts for the immediately preceding Quarter.
2.2 Within 15 Business Days from the date the Buyer delivers the Quarterly Management Accounts to the Seller pursuant to paragraph 2.1 above, the Seller shall notify the Buyer as to whether or not it agrees to the Quarterly Management Accounts delivered.
2.3 If the Seller provides no notification to the Buyer within 15 Business Days under paragraph 2.2 above, the Seller shall be deemed to have accepted those Quarterly Management Accounts.
2.4 Upon receipt of the Seller’s agreement to the Quarterly Management Accounts under paragraph 2.2 above or upon the expiry of 15 Business Days referred to in paragraph 2.3 above, the Buyer shall pay the Net Profits as stated in such Quarterly Management Accounts to the Seller within 3 Business Days.
Quarterly Management Accounts. The Borrower shall in respect of each Quarter Period ending after the date hereof prepare unaudited consolidated Quarterly Management Accounts for the Group and deliver a copy of the same to the Facility Agent for distribution to the Banks as soon as practicable thereafter but, in any event, not later than 60 days after the end of the Quarter Period to which they relate. Each set of financial information or financial statements of the Group delivered pursuant to this Clause 15.2 shall be accompanied by a calculation in reasonable detail of Annualised Quarterly Revenue in relation to the relevant Quarter Day.
