Common use of Submitting Information Clause in Contracts

Submitting Information. The Customer is obliged to provide the Bank within the term specified below and/or within a reasonable time specified by the Bank’s written request a document and/or information in the form admissible for the Bank. This information: reflects the Customer’s total assets/property, financial standing (including the balance sheet and profit and loss statement), business operations, bank statements (including accounts with other banking and financial institutions) and reporting (including tax reporting), inter alia: until the last day of the month following each calendar quarter – the information on total assets/property, profit and loss statement and balance sheet as of the last day of the calendar quarter; until the last day of the 4th month of each subsequent calendar year - the financial statements of the previous calendar year (the balance sheet and profit and loss statements) as of the last day of the calendar year, which, on request by the Bank, shall be audited by an independent auditor, if any; immediately – about any possible, potential and/or existing administrative, court (including arbitration) and/or other similar disputes or litigation that could significantly affect the Customer's performance of its obligations under the Agreement, including without limitation, the proceedings or disputes related to the Customer’s assets/property, collaterals, the Customer’s solvency/bankruptcy. relates to and/or reflects the fulfillment by the Principal of the obligation to the Beneficiary secured by the Bank Guarantee; is required for the Bank to comply with the requirements of the Legislation; is required by the Bank to monitor the Customer’s compliance with the obligations under the Agreement as far as practicable.

Submitting Information. The Customer is obliged to provide the Bank within the term specified below and/or within a reasonable time specified by the Bank’s written request a document and/or information in the form admissible for the Bank. This information: reflects the Customer’s total assets/property, financial standing (including the balance sheet and profit and loss statement), business operations, bank statements (including accounts with other banking and financial institutions) and reporting (including tax reporting), inter alia: until the last day of the month following each calendar quarter – the information on total assets/property, profit and loss statement and balance sheet as of the last day of the calendar quarter; until the last day of the 4th month of each subsequent calendar year - the financial statements of the previous calendar year (the balance sheet and profit and loss statements) as of the last day of the calendar year, which, on request by the Bank, shall be audited by an independent auditor, if any; immediately – about any possible, potential and/or existing administrative, court (including arbitration) and/or other similar disputes or litigation that could significantly affect the Customer's performance of its obligations under the Agreement, including without limitation, the proceedings or disputes related to the Customer’s assets/property, collaterals, the Customer’s solvency/bankruptcy. relates to and/or reflects the fulfillment by the Principal Customer of the obligation to the Beneficiary secured by the Bank Guarantee; is required for the Bank to comply with the requirements of the Legislation; is required by the Bank to monitor the Customer’s compliance with the obligations under the Agreement as far as practicable.