Reporting Obligation of Obligors following Permitted Sales. In the event that any Spirits Business Net Cash Proceeds with respect to any Permitted Sale are retained by any Obligor for Approved Working Capital Purposes pursuant to clause (iii) of the definition of the term “Permitted Sale” (as defined below), the Obligors shall provide Aegis and the Bigger-District Creditors with a reconciliation of the use of such Spirits Business Net Cash Proceeds for Approved Working Capital Purposes no less than quarterly after the closing of such Permitted Sale until the termination of this Agreement. As used herein, the following terms shall have the following meanings:
