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 for credit and financial condition reviews by Xxxxx’s Enterprise Credit Risk office. If Seller itself is publicly traded (not a subsidiary of a publicly-traded company) and is required to file reports with the Securities and Exchange Commission (“SEC”), Buyer shall obtain Seller financial data from information made available to the general public via 10-K and 10-Q reporting requirements. In the event that Seller does not submit financial statements to the SEC or is no longer required to do so during the term of this Contract, Seller shall provide financial data on a quarterly basis to Buyer. 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 seventy-two (72) hours of any written request by Xxxxx. All such information shall be treated as confidential.

SELLER FINANCIAL REVIEW. Seller shall provide financial data as specified below, on a quarterly basis, basis or as requested, requested to Buyer Buyer’s Corporate Credit Office for credit and financial condition reviews by Xxxxx’s Enterprise Credit Risk officereviews. If Seller itself is publicly traded (not a subsidiary of a publicly-traded company) and is required to file reports with any regulatory authority or stock exchange (the Securities and Exchange Commission (“SECAuthority”), Buyer said data shall obtain Seller financial be limited to the data from information contained in Seller’s periodic reports to the Authority. Copies of such data are to be made available to the general public via 10-K and 10-Q reporting requirementswithin 72 hours of any written request by Xxxxx. All such information shall be treated as confidential. In the event that Seller does not submit financial statements to the SEC or is no longer required to do so 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 seventy-two (72) 72 hours of any written request by Xxxxx. All such information shall be treated as confidential.