Common use of Reports Under 1934 Act Clause in Contracts

Reports Under 1934 Act. With a view to making available to PPG the benefits of Rule 144 and any successor or other rule or regulation of the Commission that may at any time permit PPG to sell the shares of UDC Common Stock issuable pursuant to this Agreement to the public without registration, UDC agrees to: (a) make and keep public information available, as those terms are understood and defined in Rule 144, at all times; (a) file with the Commission in a timely manner all reports and other documents required of UDC under the 1933 Act and the 1934 Act; and (c) furnish to PPG, so long as PPG owns any Shares, forthwith upon request (i) a written statement by UDC that it has complied with the reporting requirements of Rule 144, the 1933 Act and the 1934 Act, (ii) a copy of the most recent annual or quarterly report of UDC and such other reports and documents so filed by UDC, and (iii) such other information as may be reasonably requested in availing PPG of any rule or regulation of the Commission which permits the selling of any Shares without registration.

Reports Under 1934 Act. With a view to making available to PPG the benefits of Rule 144 and any successor or other rule or regulation of the Commission that may at any time permit PPG to sell the shares of UDC Common Stock issuable pursuant to this Agreement to the public without registration, UDC agrees to: (a) make and keep public information available, as those terms are understood and defined in Rule 144, at all times; (ab) file with the Commission in a timely manner all reports and other documents required of UDC under the 1933 Act and the 1934 Act; and (c) furnish to PPG, so long as PPG owns any Shares, forthwith upon request (i) a written statement by UDC that it has complied with the reporting requirements of Rule 144, the 1933 Act and the 1934 Act, (ii) a copy of the most recent annual or quarterly report of UDC and such other reports and documents so filed by UDC, and (iii) such other information as may be reasonably requested in availing PPG of any rule or regulation of the Commission which permits the selling of any Shares without registration.