Common use of Accounting and Regulatory Review Clause in Contracts

Accounting and Regulatory Review. Lender shall have received an -------------------------------- accounting and regulatory review reasonably satisfactory to Lender showing no anticipated decrease in cash flow. Such review shall be (i) prepared by a firm approved by Lender in Lender's reasonable discretion, (ii) prepared based on a scope of work determined by Lender in Lender's reasonable discretion and (iii) in form and content acceptable to Lender in Lender's reasonable discretion.

Appears in 3 contracts

Samples: Loan Agreement (Brookdale Living Communities Inc), Loan Agreement (Brookdale Living Communities Inc), Loan Agreement (Brookdale Living Communities Inc)

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Accounting and Regulatory Review. Lender shall have received an -------------------------------- accounting and regulatory review reasonably satisfactory to Lender in Lender's sole discretion showing no anticipated decrease in cash flow. Such review shall be (i) prepared by a firm approved by Lender in Lender's reasonable sole discretion, (ii) prepared based on a scope of work determined by Lender in Lender's reasonable sole discretion and (iii) in form and content acceptable to Lender in Lender's reasonable sole discretion.

Appears in 2 contracts

Samples: Loan Agreement (Burnham Pacific Properties Inc), Loan Agreement (Burnham Pacific Properties Inc)

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Accounting and Regulatory Review. Lender shall have received an -------------------------------- accounting and regulatory review reasonably satisfactory to Lender showing no anticipated decrease in cash flow. Such review shall be (i) prepared by a firm approved by Lender in Lender's reasonable discretion, (ii) prepared based on a scope of work determined by Lender in Lender's reasonable discretion and (iii) in form and content acceptable to Lender in Lender's reasonable discretion.

Appears in 1 contract

Samples: Loan Agreement (Brookdale Living Communities Inc)

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