Common use of SELLER FINANCIAL REVIEW Clause in Contracts

SELLER FINANCIAL REVIEW. If the contract exceeds $250,000 and extends for more than one year, and if requested, the Seller shall provide financial data on a quarterly basis or as requested to the Buyer’s Credit Office for credit and financial condition reviews. The Parties agree that if Seller is required to file reports with the Securities and Exchange Commission (“SEC”), said data shall be limited to the data contained in Seller’s periodic reports to the SEC. Copies of such data are to be made available within seventy-two (72) hours of any written request by Xxxxx. All such information shall be treated as confidential. During the term of this contract, in the event that Seller is no longer required to disclose financial information publicly to the SEC, Seller will provide financial data on a quarterly basis to Buyer’s Corporate Credit Office. Such financial data shall include, but is not limited to, balance sheets, schedule of accounts payable and receivable, major lines of credit, creditors, income statements (profit and loss), cash flow statements, firm backlog, and headcount. Copies of such data are to be made available within seventy-two (72) hours of any written request by Xxxxx. All such information shall be treated as confidential. This provision shall not apply if Seller is a nonprofit education or research institutions associated with state or provincial universities; an agency of the United States government or of state governments; an entity that is at least fifty percent (50%) directly owned by Buyer; or, an individual providing services when the individual is the sole employee of the company.

SELLER FINANCIAL REVIEW. If the contract exceeds $250,000 and extends for more than one year, and if requested, the Seller shall provide financial data on a quarterly basis or as requested to the Buyer’s Credit Office for credit and financial condition reviews. The Parties agree that if Seller is required to file reports with the Securities and Exchange Commission (“SEC”), said data shall be limited to the data contained in Seller’s periodic reports to the SEC. Copies of such data are to be made available within seventy-two (72) 72 hours of any written request by XxxxxBuyer. All such information shall be treated as confidential. During the term of this contract, in the event that Seller is no longer required to disclose financial information publicly to the SEC, Seller will provide financial data on a quarterly basis to Buyer’s Corporate Credit Office. Such financial data shall include, but is not limited to, balance sheets, schedule of accounts payable and receivable, major lines of credit, creditors, income statements (profit and loss), cash flow statements, firm backlog, and headcount. Copies of such data are to be made available within seventy-two (72) hours of any written request by XxxxxBuyer. All such information shall be treated as confidential. This provision shall not apply if the Seller is a nonprofit education or research institutions associated with state or provincial universities; an agency of the United States government or of state governments; an entity that is at least fifty percent (50%) directly owned by Buyer; or, an individual providing services Services when the individual is the sole employee of the company.

SELLER FINANCIAL REVIEW. If the contract exceeds $250,000 and extends for more than one year, and if requested, the Seller shall provide financial data on a quarterly basis or as requested to the Buyer’s Credit Office for credit and financial condition reviews. The Parties agree that if Seller is required to file reports with the Securities and Exchange Commission (“SEC”), said data shall be limited to the data contained in Seller’s periodic reports to the SEC. Copies of such data are to be made available within seventy-two (72) hours of any written request by Xxxxx. All such information shall be treated as confidential. During the term of this contract, in the event that Seller is no longer required to disclose financial information publicly to the SEC, Seller will provide financial data on a quarterly basis to Buyer’s Corporate Credit Office. Such financial data shall include, but is not limited to, balance sheets, schedule of accounts payable and receivable, major lines of credit, creditors, income statements (profit and loss), cash flow statements, firm backlog, and headcount. Copies of such data are to be made available within seventy-two (72) hours of any written request by Xxxxx. All such information shall be treated as confidential. This provision shall not apply if Seller is a nonprofit education or research institutions associated with state or provincial universities; an agency of the United States government or of state governments; an entity that is at least fifty percent (50%) directly owned by Buyer; or, or an individual providing services l when the individual is the sole employee of the company.

SELLER FINANCIAL REVIEW. If the contract exceeds $250,000 and extends for more than one year, and if requested, the Seller shall provide financial data on a quarterly basis or as requested to the Buyer’s Credit Office for credit and financial condition reviews. The Parties agree that if Seller is required to file reports with the Securities and Exchange Commission (“SEC”), said data shall be limited to the data contained in Seller’s periodic reports to the SEC. Copies of such data are to be made available within seventy-two (72) 72 hours of any written request by Xxxxx. All such information shall be treated as confidential. During the term of this contract, in the event that Seller is no longer required to disclose financial information publicly to the SEC, Seller will provide financial data on a quarterly basis to Buyer’s Corporate Credit Office. Such financial data shall include, but is not limited to, balance sheets, schedule of accounts payable and receivable, major lines of credit, creditors, income statements (profit and loss), cash flow statements, firm backlog, and headcount. Copies of such data are to be made available within seventy-two (72) hours of any written request by Xxxxx. All such information shall be treated as confidential. This provision shall not apply if the Seller is a nonprofit education or research institutions associated with state or provincial universities; an agency of the United States government or of state governments; an entity that is at least fifty percent (50%) directly owned by Buyer; or, an individual providing services Services when the individual is the sole employee of the company.