FINANCIAL OFFICER,
TREASURER OR CONTROLLER OF THE BORROWERS;
(C)
AS SOON AS AVAILABLE AND IN ANY EVENT NOT LATER THAN THE
20TH BUSINESS DAY OF THE CALENDAR MONTH FOLLOWING EACH MONTHLY ACCOUNTING PERIOD
(ENDING ON THE LAST DAY OF EACH CALENDAR MONTH) OF THE BORROWERS, A BORROWING
BASE REPORT AS AT THE LAST DAY OF SUCH ACCOUNTING PERIOD;
(D)
PROMPTLY BUT NO LATER THAN FIVE BUSINESS DAYS AFTER ANY DATE ON
WHICH A BORROWER GRANTS A LIEN ON ASSETS IN CONNECTION WITH THE INCURRENCE OF
INDEBTEDNESS (INCLUDING, FOR AVOIDANCE OF DOUBT, ANY ISSUANCE OF SECURED BONDS
OR ISSUANCE OF NOTES IN CONNECTION WITH A CLO), A BORROWING BASE REPORT AS OF
THE DATE OF THE INCURRENCE OF SUCH INDEBTEDNESS;
(E)
PROMPTLY BUT NO LATER THAN FIVE BUSINESS DAYS AFTER ANY BORROWER
SHALL AT ANY TIME HAVE KNOWLEDGE THAT THERE IS A BORROWING BASE DEFICIENCY, A
BORROWING BASE REPORT AS AT THE DATE ANY BORROWER HAS KNOWLEDGE OF SUCH
BORROWING BASE DEFICIENCY INDICATING THE AMOUNT OF THE BORROWING BASE DEFICIENCY
AS AT THE DATE SUCH BORROWER OBTAINED KNOWLEDGE OF SUCH DEFICIENCY AND THE
AMOUNT OF THE BORROWING BASE DEFICIENCY AS OF THE DATE NOT EARLIER THAN TWO
BUSINESS DAYS PRIOR TO THE DATE THE BORROWING BASE REPORT IS DELIVERED PURSUANT
TO THIS PARAGRAPH;
63
(F)
ON A MONTHLY BASIS OR AS OTHERWISE APPROVED BY THE ADMINISTRATIVE
AGENT, AN UPDATE AS TO THE VALUE OF ALL ELIGIBLE SPECIFIED FINANCIAL ASSETS
CONTAINED IN THE BORROWING BASE; PROVIDED THAT DURING ANY PERIOD IN WHICH, AND
FOR SO LONG AS, AVAILABILITY IS EQUAL TO AN AMOUNT THAT IS LESS THAN 10% OF THE
BORROWING BASE, SUCH UPDATES AS TO VALUE SHALL BE DELIVERED ON A WEEKLY BASIS;
(G)
PROMPTLY AFTER THE SAME ARE AVAILABLE, COPIES OF EACH ANNUAL
REPORT, PROXY OR FINANCIAL STATEMENT OR OTHER REPORT OR COMMUNICATION SENT TO
THE STOCKHOLDERS OF KKR FINANCIAL, AND COPIES OF ALL ANNUAL, REGULAR, PERIODIC
AND SPECIAL REPORTS AND REGISTRATION STATEMENTS WHICH KKR FINANCIAL MAY FILE OR
BE REQUIRED TO FILE WITH THE SEC UNDER SECTION 13 OR 15(D) OF THE SECURITIES
EXCHANGE ACT OF 1934, AND NOT OTHERWISE REQUIRED TO BE DELIVERED TO THE
ADMINISTRATIVE AGENT PURSUANT HERETO; AND
(H)
PROMPTLY FOLLOWING ANY REQUEST THEREFOR, SUCH OTHER INFORMATION
REGARDING THE OPERATIONS, BUSINESS AFFAIRS AND FINANCIAL CONDITION OF THE
BORROWERS, OR COMPLIANCE WITH THE TERMS OF THIS AGREEMENT, AS THE ADMINISTRATIVE
AGENT OR ANY LENDER MAY REASONABLY REQUEST.
Documents required to be delivered pursuant to Section 6.01(a) or 6.01(b) or
Section 6.02(f) (to the extent any such documents are included in materials
otherwise filed with the SEC) may be delivered electronically and if so
delivered, shall be deemed to have been delivered on the date (i) on which KKR
Financial posts such documents, or provides a link thereto on KKR Financial's
website on the Internet at the website address listed on Schedule 10.02; or
(ii) on which such documents are posted on KKR Financial's behalf on an Internet
or intranet website, if any, to which each Lender