Weekly Reports. Weekly, on Tuesday of each week (as of the then immediately preceding Saturday) the Lead Borrower shall provide the Agent with a sales audit report and a flash collateral report (each in such form as may be specified from time to time by the Agent). Such report may be sent to the Agent by facsimile transmission, provided that the original thereof is forwarded to the Agent on the date of such transmission.
Appears in 2 contracts
Samples: Loan and Security Agreement (Childrens Place Retail Stores Inc), World of Science Inc
Weekly Reports. WeeklyFollowing the occurrence of a Reporting Activation Event, weekly, on Tuesday Wednesday of each week (as of the then immediately preceding Saturday) the Lead Borrower shall provide the Agent with a sales audit report and a flash collateral report certain reports as specified by Agent based on Agent's subsequent commercial finance examinations, which reports shall be reasonably acceptable to Borrowers (each in such form as may be specified from time to time by the Agent). Such report reports may be sent to the Agent by facsimile transmission, provided that the original thereof is forwarded to the Agent on the date of such transmission.
Appears in 1 contract
Samples: Loan and Security Agreement (Duckwall Alco Stores Inc)
Weekly Reports. Weekly, on Tuesday Wednesday of each week (as of the then immediately preceding Saturday) the Lead Borrower shall provide the Agent with a sales audit report, a flash sales report and a flash collateral report Borrowing Base Certificate (each in such form as may be specified from time to time by the Agent) and a Summary of the Loan Parties' stock ledgers (by department). Such report may be sent to the Agent by facsimile or email (with electronic signature) transmission, provided that the original thereof is forwarded to the Agent on the date of such transmission.
Appears in 1 contract
Weekly Reports. Weekly, on Tuesday of each week (as of the then immediately preceding Saturday) the Lead Borrower shall provide the Administrative Agent with a sales audit report and a flash collateral report (each in such form as may be specified from time to time by the Agent). Such report may be sent to the Agent by facsimile transmission, provided that the original thereof is forwarded to the Agent on the date of such transmission.time
Appears in 1 contract
Samples: Loan Agreement (Natural Wonders Inc)
Weekly Reports. Weekly, on Tuesday of each week (as of the then immediately preceding Saturday) the Lead Borrower shall provide the Agent Lender with a sales audit report and a flash collateral report (each in such form as may be specified from time to time by the AgentLender). Such report may be sent to the Agent Lender by facsimile transmission, provided that the original thereof is forwarded to the Agent Lender on the date of such transmission.
Appears in 1 contract
Samples: Loan Agreement (Natural Wonders Inc)
Weekly Reports. Weekly, on Tuesday of each week (as of the then immediately preceding Saturday) the Lead Borrower shall provide the Administrative Agent with a sales audit report and a flash collateral report (each in such form as may be specified from time to time by the Administrative Agent). Such report may be sent to the Administrative Agent by facsimile transmission, provided that the original thereof is forwarded to the Administrative Agent on the date of such transmission.
Appears in 1 contract
