Common use of SELLER FINANCIAL REVIEW Clause in Contracts

SELLER FINANCIAL REVIEW. Seller shall provide financial data as specified below, on a quarterly basis or as requested to Buyer’s Corporate Credit Office for credit and financial condition reviews. If Seller is required to file reports with any regulatory authority or stock exchange (the “Authority”), said data shall be limited to the data contained in Seller’s periodic reports to the Authority. Copies of such data are to be made available within 72 hours of any written request by Xxxxx. All such information shall be treated as confidential. In the event that Seller is no longer required to disclose financial information publicly to the Authority during the term of this Contract, Seller shall provide financial data on a quarterly basis to Buyer’s Corporate Credit Office. Such financial data shall include 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 72 hours of any written request by Xxxxx. All such information shall be treated as confidential.