Common use of Reporting Regarding Receivables Clause in Contracts

Reporting Regarding Receivables. Not less frequently than monthly, or if there is an Availability Condition, not less frequently than weekly, Borrower shall deliver to the Borrower: (i) a borrowing base certificate in the form of Exhibit C (a “Borrowing Base Certificate”) by no later than the 20th day of each month (which is based on values as of the immediately preceding month) and (ii) reports of Borrower’s sales, credits to sales or credit memoranda applicable to sales, collections and non-cash charges (from whatever source, including sales and noncash journals or other credits to Receivables) for the applicable period, and acceptable supporting documentation thereto (including a report indicating the Dollar value of Borrower’s Eligible Receivables (including a separate listing of Permitted Joint Venture Receivables) and Eligible Unbilled Revenue, and all other information deemed necessary by Bank to determine levels of that which is and is not Eligible Receivables and Eligible Unbilled Revenue). By no later than the 20th day after the end of each calendar month, or sooner if available, Borrower shall deliver to Bank monthly agings, broken down by due date, of Receivables listed by invoice date, in each case reconciled to the Borrowing Base Certificate for the end of such month and Borrower’s general ledger, and setting forth any changes in the reserves made for bad accounts or any extensions of the maturity of, any refinancing of, or any other material changes in the terms of any Receivables in such format as is specified by Bank from time to time, together with such further information with respect thereto in such format as Bank may then reasonably require.

Reporting Regarding Receivables. Not less frequently So long as no Triggering Event has occurred and is continuing, by no later than monthlythe 15th day after the end of each calendar month, or sooner if there is an Availability Condition, not less frequently than weekly, available Borrower shall deliver to the Borrower: Bank (ia) a borrowing base certificate in the form of Exhibit C (a “Borrowing Base Certificate”) by no later than the 20th day of each month (which is based on values as of the immediately preceding monthcalendar month end) and (iib) reports of Borrower’s sales, credits to sales or credit memoranda applicable to sales, xxxxxxxx against prepaid Inventory, collections and non-cash charges (from whatever source, including sales and noncash journals or other credits to Receivables) for the applicable period, and acceptable supporting documentation thereto (including including, a report indicating the Dollar value of Borrower’s Eligible Receivables (including a separate listing of Permitted Joint Venture Receivables) and Eligible Unbilled Revenue, and all other information deemed necessary by Bank to determine levels of that which is and is not Eligible Receivables Receivables). Notwithstanding the foregoing, upon the occurrence and Eligible Unbilled Revenueduring the continuance of a Triggering Event, the Borrower shall deliver, not less frequently than weekly, and more frequently if Bank shall require or Borrower shall so elect, the Borrowing Base Certificate by no later than Monday of each week (based on values as of the immediately preceding Friday). By no later than the 20th 15th day after the end of each calendar month, or sooner if available, Borrower shall deliver to Bank monthly agings, broken down by due date, of Receivables listed by invoice date, in each case reconciled to the Borrowing Base Certificate for the end of such month and Borrower’s general ledger, and setting forth any changes in the reserves made for bad accounts or any extensions of the maturity of, any refinancing of, or any other material changes in the terms of any Receivables in such format as is specified by Bank from time to time, together with such further information with respect thereto in such format as Bank may then reasonably require.

Reporting Regarding Receivables. Not less frequently than monthly, and more frequently if Lender shall require or if there is an Availability Condition, not less frequently than weeklyBorrower shall so elect, Borrower shall deliver to the BorrowerLender: (ia) a borrowing base certificate in the form of Exhibit C D (a “Borrowing Base Certificate”) by no later than the 20th 10th day of each month (which is based on values as of the immediately preceding calendar month) and (iib) reports of Borrower’s sales, credits to sales or credit memoranda applicable to sales, collections and non-cash charges (from whatever source, including sales and noncash journals or other credits to Receivables) for the applicable period, and acceptable supporting documentation thereto (including including, a report indicating the Dollar value of Borrower’s Eligible Receivables (including a separate listing of Permitted Joint Venture Receivables) and Eligible Unbilled Revenue, and all other information deemed necessary by Bank Lender to determine levels of that which is and is not Eligible Receivables and Eligible Unbilled RevenueReceivables). By no later than the 20th 10th day after the end of each calendar month, or sooner if available, Borrower shall deliver to Bank Lender monthly agings, broken down by due date, of Receivables listed by invoice date, in each case reconciled to the Borrowing Base Certificate for the end of such month and Borrower’s general ledger, and setting forth any changes in the reserves made for bad accounts or any extensions of the maturity of, any refinancing of, or any other material changes in the terms of any Receivables in such format as is specified by Bank Lender from time to time, together with such further information with respect thereto in such format as Bank Lender may then reasonably require.