1998 Audited Annual Statements Clause Samples
1998 Audited Annual Statements. As soon as available and in any event within sixty (60) calendar days after the Closing Date, audited 1998 Annual Statements consisting of a consolidated balance sheet as of the end of such fiscal year, and related consolidated statements of income, consolidated stockholders' equity and consolidated cash flows for the 1998 fiscal year, all in reasonable detail and setting forth in comparative form the financial statements as of the end of and for the 1998 fiscal year, and certified by independent certified public accountants of nationally recognized standing satisfactory to the Agent. The certificate or report of accountants shall be free of qualifications (other than any consistency qualification that may result from a change in the method used to prepare the financial statements as to which such accountants concur) and shall not indicate the occurrence or existence of any event, condition or contingency which would materially impair the prospect of payment or performance of any covenant, agreement or duty of any Loan Party under any of the Loan Documents.
