Common use of Subsequent Delivery of Comfort Letters Clause in Contracts

Subsequent Delivery of Comfort Letters. Each time that the Registration Statement or the Prospectus shall be amended or supplemented to include additional financial information and each time that the Company sells Notes to or through one or more Agents, unless waived by the Agent(s) participating in such sale, the Company shall cause PricewaterhouseCoopers LLP forthwith to furnish the Agents or the applicable Agent(s), as the case may be, with a letter, dated the date of effectiveness of such amendment or supplement, or the date of such sale, as the case may be, in form and substance reasonably satisfactory to the Agents or the applicable Agent(s), as the case may be, of the same tenor as the portions of the letter referred to in Section 5(c) hereof but modified to relate to the Registration Statement and Prospectus, as amended and supplemented to the date of such letter: provided, however, that if the Registration Statement or the Prospectus is amended or supplemented solely to include financial information as of and for a fiscal quarter, PricewaterhouseCoopers LLP may limit the scope of such letter to the unaudited financial statements included in such amendment or supplement unless any other information included therein of an accounting, financial or statistical nature is of such a nature that, in the reasonable judgment of the Agents or the applicable Agent(s), as the case may be, such letter should cover such other information.

Appears in 3 contracts

Samples: Distribution Agreement (Popular Inc), Distribution Agreement (Popular International Bank Inc), Distribution Agreement (Popular Inc)

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Subsequent Delivery of Comfort Letters. Each time that the Registration Statement or the Prospectus shall be amended or supplemented to include additional financial information and each time that the Company sells Notes to or through one or more Agents, unless waived by the Agent(s) participating in such sale, the Company Guarantor shall cause PricewaterhouseCoopers LLP forthwith to furnish the Agents or the applicable Agent(s), as the case may be, with a letter, dated the date of effectiveness of such amendment or supplement, or the date of such sale, as the case may be, in form and substance reasonably satisfactory to the Agents or the applicable Agent(s), as the case may be, of the same tenor as the portions of the letter referred to in Section 5(c) hereof but modified to relate to the Registration Statement and Prospectus, as amended and supplemented to the date of such letter: provided, however, that if the Registration Statement or the Prospectus is amended or supplemented solely to include financial information as of and for a fiscal quarter, PricewaterhouseCoopers LLP may limit the scope of such letter to the unaudited financial statements included in such amendment or supplement unless any other information included therein of an accounting, financial or statistical nature is of such a nature that, in the reasonable judgment of the Agents or the applicable Agent(s), as the case may be, such letter should cover such other information.

Appears in 2 contracts

Samples: Distribution Agreement (Popular International Bank Inc), Distribution Agreement (Popular Inc)

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