Additional Financial Information for Large Loans. (a) If requested by Lender in connection with a public Securitization in which the Loan constitutes at least ten percent (10%) of the assets of the Securitization (a "Large Loan"), Borrower, at Lender's expense, shall provide Lender with all financial statements and other financial, statistical or operating information, to the extent required pursuant to Regulation S-X of the Securities Act or any other Requirements of Law in connection with any Disclosure Document or Securities Filing. All financial statements provided by Borrower pursuant to this Section shall be prepared in accordance with GAAP and shall meet the requirements of Regulation S-X and other applicable Requirements of Law. All financial statements reporting for a full operating year (i) shall be audited by the independent accountants in accordance with generally accepted auditing standards, Regulation S-X and all other applicable Requirements of Law, (ii) shall be accompanied by the manually executed report of the independent accountants thereon, which report shall meet the requirements of Regulation S-X and all other applicable Requirements of Law, and (iii) shall be accompanied by a manually executed written consent of the independent accountants, acceptable to Lender, that authorizes the inclusion of such financial statements in any Disclosure Document or· Securities Filing and permits the use of the name of such independent accountants and reference to such independent accountants as "experts" in any Disclosure Document and Securities Filing, all of which shall be provided, at Lender's expense, at the same time ·as the related financial statements are required to be provided. All other financial statements shall be certified by the manager of Borrower, which certification shall state that such financial statements meet the requirements set forth in the first sentence of this paragraph..
Appears in 1 contract
Samples: Loan Agreement (Cole Credit Property Trust V, Inc.)
Additional Financial Information for Large Loans. (a) If requested required by Lender law in connection with a public Securitization in which the Loan constitutes at least ten percent (10%) of the assets of the Securitization (a "Large Loan")Securitization, Borrower, at LenderBorrower's expense, shall provide Lender with all financial statements and other financial, statistical or operating information, to the extent required pursuant to Regulation S-X of the Securities Act or any other Requirements of Law in connection with any Disclosure Document or Securities Filing. All financial statements provided by Borrower pursuant to this Section shall be prepared in accordance with GAAP and shall meet the requirements of Regulation S-X and other applicable Requirements of Law. All financial statements reporting for a full operating year (i) shall be audited by the independent accountants in accordance with generally accepted auditing standards, Regulation S-X and all other applicable Requirements of Law, (ii) shall be accompanied by the manually executed report of the independent accountants thereon, which report shall meet the requirements of Regulation S-X and all other applicable Requirements of Law, and (iii) shall be accompanied by a manually executed written consent of the independent accountants, acceptable to Lender, that authorizes the inclusion of such financial statements in any Disclosure Document or· or Securities Filing and permits the use of the name of such independent accountants and reference to such independent accountants as "experts" in any Disclosure Document and Securities Filing, all of which shall be provided, at LenderBorrower's expense, at the same time ·as the related financial statements are required to be provided. All other financial statements shall be certified by the manager chief financial officer of Borrower, which certification shall state that such financial statements meet the requirements set forth in the first sentence of this paragraph...
Appears in 1 contract
Additional Financial Information for Large Loans. (a) If requested by Lender in connection with a public Securitization in which the Loan constitutes at least ten percent (10%) of the assets of the Securitization (a "Large Loan"), Borrower, at Lender's expense, shall provide Lender with all financial statements and other financial, statistical or operating information, to the extent required pursuant to Regulation S-X of the Securities Act or any other Requirements of Law in connection with any Disclosure Document or Securities Filing. All financial statements provided by Borrower pursuant to this Section shall be prepared in accordance with GAAP and shall meet the requirements of Regulation S-X and other applicable Requirements of Law. All financial statements reporting for a full operating year (i) shall be audited by the independent accountants in accordance with generally accepted auditing standards, Regulation S-X and all other applicable Requirements of Law, (ii) shall be accompanied by the manually executed report of the independent accountants thereon, which report shall meet the requirements of Regulation S-X and all other applicable Requirements of Law, and (iii) shall be accompanied by a manually executed written consent of the independent accountants, acceptable to Lender, that authorizes the inclusion of such financial statements in any Disclosure Document or· or Securities Filing and permits the use of the name of such independent accountants and reference to such independent accountants as "experts" in any Disclosure Document and Securities Filing, all of which shall be provided, at Lender's expense, at the same time ·as the related financial statements are required to be provided. All other financial statements shall be certified by the manager of Borrower, which certification shall state that such financial statements meet the requirements set forth in the first sentence of this paragraph...
Appears in 1 contract
Samples: Loan Agreement (Cole Credit Property Trust V, Inc.)
Additional Financial Information for Large Loans. (a) If requested required by Lender law in connection with a public Securitization in which the Loan constitutes at least ten percent (10%) of the assets of the Securitization (a "Large Loan")Securitization, Borrower, at LenderBorrower's expense, shall provide Lender with all financial statements and other financial, statistical or operating information, to the extent required pursuant to Regulation S-X of the Securities Act or any other Requirements of Law in connection with any Disclosure Document or Securities Filing. All financial statements provided by Borrower pursuant to this Section shall be prepared in accordance with GAAP and shall meet the requirements of Regulation S-X and other applicable Requirements of Law. All financial statements reporting for a full operating year (i) shall be audited by the independent accountants in accordance with generally accepted auditing standards, Regulation S-X and all other applicable Requirements of Law, (ii) shall be accompanied by the manually executed report of the independent accountants thereon, which report shall meet the requirements of Regulation S-X and all other applicable Requirements of Law, and (iii) shall be accompanied by a manually executed written consent of the independent accountants, acceptable to Lender, that authorizes the inclusion of such financial statements in any Disclosure Document or· or Securities Filing and permits the use of the name of such independent accountants and reference to such independent accountants as "experts" in any Disclosure Document and Securities Filing, all of which shall be provided, at LenderBorrower's expense, at the same time ·as the related financial statements are required to be provided. All other financial statements shall be certified by the manager chief financial officer of Borrower, which certification shall state that such financial statements meet the requirements set forth in the first sentence of this paragraph...
Appears in 1 contract
Samples: Loan Agreement (Macquarie Infrastructure Assets Trust)
Additional Financial Information for Large Loans. (a) If requested by Lender in connection with a public Securitization in which the Loan constitutes at least ten percent (10%) of the assets of the Securitization (a "Large Loan")Securitization, Borrower, at Lender's expenseno material cost or expense to Borrower, shall provide Lender with all financial statements and other financial, statistical or operating information, to the extent required pursuant to Regulation S-X of the Securities Act or any other Requirements of Law in connection with any Disclosure Document or Securities Filing. All financial statements provided by Borrower pursuant to this Section shall be prepared in accordance with GAAP and shall meet the requirements of Regulation S-X and other applicable Requirements of Law. All financial statements reporting for a full operating year (i) shall be audited by the independent accountants in accordance with generally accepted auditing standards, Regulation S-X and all other applicable Requirements of Law, (ii) shall be accompanied by the manually executed report of the independent accountants thereon, which report shall meet the requirements of Regulation S-X and all other applicable Requirements of Law, and (iii) shall be accompanied by a manually executed written consent of the independent accountants, acceptable to Lender, that authorizes the inclusion of such financial statements in any Disclosure Document or· or Securities Filing and permits the use of the name of such independent accountants and reference to such independent accountants as "“experts" ” in any Disclosure Document and Securities Filing, all of which shall be provided, at Lender's Borrower’s expense, at the same time ·as the related financial statements are required to be provided. All other financial statements shall be certified by the manager chief financial officer of Borrower, which certification shall state that such financial statements meet the requirements set forth in the first sentence of this paragraph...
Appears in 1 contract
Additional Financial Information for Large Loans. (a) If requested by Lender in connection with a public Securitization in which the Loan constitutes at least ten percent (10%) of the assets of the Securitization (a "Large Loan")Securitization, Borrower, at Lender's Borrower’s expense, shall provide Lender with all financial statements and other financial, statistical or operating informationinformation with respect to the Property, Borrower, Guarantor, SPE Manager and/or SPE Equity Owner, to the extent required pursuant to Regulation S-X of the Securities Act or any other Requirements of Law in connection with any Disclosure Document or Securities Filing. All financial statements provided by Borrower pursuant to this Section shall be prepared in accordance with GAAP and shall meet the requirements of Regulation S-X and other applicable Requirements of Law. All financial statements reporting for a full operating year (i) shall be audited by the independent accountants in accordance with generally accepted auditing standards, Regulation S-X and all other applicable Requirements of Law, (ii) shall be accompanied by the manually executed report of the independent accountants thereon, which report shall meet the requirements of Regulation S-X and all other applicable Requirements of Law, and (iii) shall be accompanied by a manually executed written consent of the independent accountants, acceptable to Lender, that authorizes the inclusion of such financial statements in any Disclosure Document or· or Securities Filing and permits the use of the name of such independent accountants and reference to such independent accountants as "“experts" ” in any Disclosure Document and Securities Filing, all of which shall be provided, at Lender's Borrower’s expense, at the same time ·as the related financial statements are required to be provided. All other financial statements shall be certified by the manager chief financial officer of Borrower, which certification shall state that such financial statements meet the requirements set forth in the first sentence of this paragraph...
Appears in 1 contract
Additional Financial Information for Large Loans. (a) If requested required by Lender law in connection with a public Securitization in which the Loan constitutes at least ten percent (10%) of the assets of the Securitization (a "Large Loan")Securitization, Borrower, at Lender's Borrower’s expense, shall provide Lender with all financial statements and other financial, statistical or operating information, to the extent required pursuant to Regulation S-X of the Securities Act or any other Requirements of Law in connection with any Disclosure Document or Securities Filing. All financial statements provided by Borrower pursuant to this Section shall be prepared in accordance with GAAP and shall meet the requirements of Regulation S-X and other applicable Requirements of Law. All financial statements reporting for a full operating year (i) shall be audited by the independent accountants in accordance with generally accepted auditing standards, Regulation S-X and all other applicable Requirements of Law, (ii) shall be accompanied by the manually executed report of the independent accountants thereon, which report shall meet the requirements of Regulation S-X and all other applicable Requirements of Law, and (iii) shall be accompanied by a manually executed written consent of the independent accountants, acceptable to Lender, that authorizes the inclusion of such financial statements in any Disclosure Document or· or Securities Filing and permits the use of the name of such independent accountants and reference to such independent accountants as "“experts" ” in any Disclosure Document and Securities Filing, all of which shall be provided, at Lender's Borrower’s expense, at the same time ·as the related financial statements are required to be provided. All other financial statements shall be certified by the manager chief financial officer of Borrower, which certification shall state that such financial statements meet the requirements set forth in the first sentence of this paragraph...
Appears in 1 contract