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This excerpt taken from the OPTC 10-Q filed Aug 13, 2008. 6.1.1 Financial Statements.(a) Annual Statements. The Obligor shall furnish to the Lender as soon as it is filed with the U.S. Securities and Exchange Commission, a copy of the annual 10-K Report of the U.S. Borrower and its Subsidiaries.
(b) Quarterly Statements and Quarterly Compliance Certificates. The Obligors shall furnish to the Lender (i) as soon as available, but in no event more than forty-five (45) days after the close of each fiscal quarter, balance sheets and income statements of the Dutch Borrower and
the consolidated and consolidating balance sheet and income statements of the U.S. Borrower; (ii) as soon as it is filed with the U.S. Securities and Exchange Commission, a copy of the quarterly 10-Q report of the U.S. Borrower and its Subsidiaries and (iii) within thirty (30) days of the filing of each 10-Q Report, a Compliance Certificate, in substantially the form attached to this Agreement as EXHIBIT B, containing a detailed computation of each financial covenant in this Agreement and a certification that no change has occurred to the information contained in the Collateral Lists (except as set forth on any schedule attached to the certification), all as prepared and certified by a Responsible Officer of the U.S. Borrower and accompanied by a certificate of that officer stating whether any event has occurred which constitutes a Default or an Event of Default hereunder, and, if so, stating the facts with respect thereto.
(c) Monthly reports. The U.S. Borrower and the Dutch Borrower shall furnish to the Lender on an individual basis, within twenty (20) days after the end of each month or more frequently if requested by the Lender (i) a U.S. Borrowing Base Report or a Dutch Borrowing Base Report, as applicable, and (ii) a report containing the following information:
(1) a detailed aging schedule of all Receivables by Account Debtor, in such detail, and accompanied by such supporting information required to establish the eligibility of Receivables under the U.S. Borrowing Base or the Dutch Borrowing Base (as applicable), as the Lender may from time to time reasonably request;
(2) for the U.S. Borrower only, a detailed report of Inventory containing such supporting information required to establish the eligibility of Inventory under the U.S. Borrowing Base; and
(3) such other information as the Lender may reasonably request.
(d) Additional Reports and Information. The Obligors shall furnish to the Lender, such additional information, reports or statements as the Lender may from time to time reasonably request.
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