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Reporting Covenant Sample Clauses

Reporting Covenant. Required
Reporting Covenant. So long as any Guaranteed Obligations shall remain unsatisfied or any Lender shall have any Commitment, each Guarantor agrees that it shall furnish to the Administrative Agent such information respecting the operations, properties, business or condition (financial or otherwise) of such Guarantor or its Subsidiaries as the Administrative Agent, at the request of any Guaranteed Party, may from time to time reasonably request.
Reporting Covenant. (a) Unless the Company has filed the financial statements referred to in (i) and (ii) below with the Commission in accordance with Section 1.11(b), the Company shall post on its public website: (i) Within 110 days after the end of each fiscal year, the Company’s audited annual financial statements, together with the related report of the Company’s independent auditors thereon, prepared in accordance with the requirements that would be applicable to such audited annual financial statements if appearing in an annual report on Form 10-K filed by the Company as a non-accelerated filer (within the meaning of Rule 12b-2 under the Exchange Act) subject to the reporting requirements of Section 13 or Section 15(d) of the Exchange Act, or any successor or comparable form; and (ii) Within 55 days after the end of each of the first three fiscal quarters of each fiscal year, the Company’s unaudited interim financial statements, prepared in accordance with the requirements that would be applicable to such unaudited interim financial statements if appearing in a quarterly report on Form 10-Q filed by the Company as a non-accelerated filer (within the meaning of Rule 12b-2 under the Exchange Act) subject to the reporting requirements of Section 13 or Section 15(d) of the Exchange Act, or any successor or comparable form. (b) For so long as the Company is subject to the reporting requirements of Section 13 or Section 15(d) of the Exchange Act, the Company shall file with the Trustee and make available to the holders of the Securities (without exhibits), without cost to any holder, copies of all documents that the Company files with, or furnishes to, the Commission under the Exchange Act, within 15 days after the Company files them with, or furnishes them to, the Commission. Any such documents that are publicly available through the EXXXX system of the Commission (or any successor system) shall be deemed to have been filed with the Trustee and made available to holders in accordance with the Company’s obligations under this Section 1.11. If at any time the Company is not subject to Section 13 or Section 15(d) of the Exchange Act, and to the extent not satisfied by the foregoing, the Company will make available to the holders of the Securities and to prospective investors, for so long as any Securities are outstanding, in accordance with the rules and regulations prescribed from time to time by the Commission, such information as may be required pursuant to Rule 144A(d)(4) o...
Reporting Covenant. Commercially reasonable and customary reporting covenant for a financing of this type, which shall require CPC to deliver, without limitation, annual audited financial statements, quarterly unaudited financial statements, annual projections, quarterly management discussion and analysis (others to be mutually agreed).
Reporting Covenant. Required Financial Covenant Required
Reporting Covenant. Required Complies ------------------ -------- -------- Monthly financial statements Monthly within 30 days Yes No Annual CPA Audited FYE within 120 days Yes No Financial Covenant Required Actual Complies ------------------ -------- ------ -------- Maintain on a Monthly Basis: Minimum Tangible Net Worth $3,000,000 $_________ Yes No --------- Maximum Debt/Tangible Net Worth 1.50:1.00 _____:1.00 Yes No ---- Minimum Cash Coverage * $_________ Yes No Maintain on a Quarterly Basis: Debt Service Coverage * $_________ Yes No Profitability * $_________ Yes No * See attached Schedule __________________________________ Comments Regarding Exceptions: See Attached. BANK USE ONLY Received by: ___________________ Sincerely, AUTHORIZED SIGNER /s/ Xxxxxx X. Xxxxxxx Date: __________________________ --------------------------------------- SIGNATURE Verified: ______________________ _______________________________________ AUTHORIZED SIGNER TITLE Date: __________________________ _______________________________________ DATE Compliance Status: Yes No __________________________________ SCHEDULE D COMPLIANCE CERTIFICATE MINIMUM LIQUIDITY: DEBT SERVICE COVERAGE: ----------------------------------------
Reporting Covenant. As long as the Investors own Registrable Shares, the Parent, at all times while it shall be reporting under the U.S. Exchange Act, covenants to use commercially reasonable efforts to file timely (or obtain extensions in respect thereof and file within the applicable grace period) all reports required to be filed by the Parent pursuant to Sections 13(a) or 15(d) of the U.S. Exchange Act.
Reporting Covenant. Required Complies ------------------ -------- -------- Interim financial statements Quarterly within 30 days Yes No Annual (CPA Audited) FYE within 120 days Yes No
Reporting Covenant. Required Complies ------------------ -------- -------- Financial Statements + CC Monthly within 30 days Yes No Preliminary Annual (Audited FYE within 120 days Yes No Final Annual (Audited) FYE within 150 days Yes No A/R & A/P Agings Monthly within 30 days Yes No Borrowing Base Certificate Monthly within 30 days Yes No Financial Covenant Required Actual Complies ------------------ -------- ------ -------- Maintain on a Monthly Basis: Minimum Adjusted Quick Ratio 1.00:1.00 _____:1.00 Yes No Minimum Liquidity 1.75:1.00* _____:1.00 Yes No Profitability: Quarterly $_________ Yes No Losses not to exceed: $1,300,000 for the quarter ending 9/30/98 Yes No $900,000 for the quarter ending 12/31/98; and $500,0000 for the quarter ending 3/31/98. *Following two (2) consecutive quarters of Borrower's achievement of a quarterly debt service of at least 1.50 to 1.00, the Liquidity Coverage covenant will be replaced with a Debt Service Coverage covenant defined as follows: a ratio of earnings after tax plus interest and non cash expenses (annualized) to the current portion of long term debt and capital leases plus interest of at least 1.50 to 1.00. Comments Regarding Exceptions: See Attached. +--------------------------------------+ | BANK USE ONLY | | | Sincerely, | Received by: | | ------------------------ | | AUTHORIZED SIGNER | SYNPLICITY, INC. | | | Date: | | ------------------------------- | --------------------------------------- | | Signature | Verified: | | --------------------------- | | AUTHORIZED SIGNER | --------------------------------------- | | Title | Date: | | ------------------------------- | | | --------------------------------------- | Compliance Status: Yes No | Date +--------------------------------------+ [LOGO OF SILICON VALLEY BANK] SILICON VALLEY BANK PRO FORMA INVOICE FOR LOAN CHARGES BORROWER: SYNPLICITY, INC. LOAN OFFICER: Xxxxx Xxxxxx DATE: September 9, 1998 Revolving Loan Fee $15,000.00 Equipment Line Loan Fee 5,000.00* Documentation Fee 1,000.00 TOTAL FEE DUE $21,000.00 ------------- ========== *$2,500 due and payable now and $2,500 due on the initial Equipment Advance in excess of the Cap Amount and not issued under the Temporary Equipment Sublimit. Please indicate the method of payment: [ ] A check for the total amount is attached. [ ] Debit DDA # __________________ for the total amount. [ ] Loan proceeds Borrower: By: ----------------------------------- (Authorized Signer) ----------------------------------- Silicon Valley Bank (Date) Acc...
Reporting Covenant. Required Complies ------------------ -------- -------- Monthly financial statements and Comp. Cert. Monthly within 30 days Yes No Annual (CPA Audited) and Comp. Cert. FYE within 90 days Yes No 10-Q, 10-K and 8-K Within 5 days after filing with SEC (if applicable) Yes No