Annual Consolidated Financial Statements. As soon as available and not later than two (2) weeks after complying with required Securities and Exchange Commission reporting requirements, consolidated annual balance sheets, statements of income, cash flow and retained earnings for the period ended, all in reasonable detail, and all prepared in accordance with GAAP consistently applied. The financial statements must be of the following quality or better: Audited (“Annual Reporting Requirements”).
Annual Consolidated Financial Statements. On the earlier of (i) the date of filing with the SEC or any other securities regulatory authority and (ii) one hundred and twenty (120) days after the end of each fiscal year of the Canadian Borrower, the audited consolidated financial statements and related management discussion and analysis for such fiscal year, setting forth in comparative form the figures and as at the end of and for the previous fiscal year, are accompanied by an by an audit report of the Auditors, which report shall include an opinion of the Auditors, which opinion shall be prepared in accordance with generally accepted auditing standards and shall not be subject to any “going concern” or like qualification or exception or any qualification or exception as to the scope of such audit (other than solely as a result of the impending maturity of any Loan or Commitment);
Annual Consolidated Financial Statements. Within ninety (90) days after the end of each fiscal year of Borrower, the consolidated balance sheet of Borrower and its Subsidiaries (on a consolidated basis) as of the end of such fiscal year and the consolidated statements of operations, stockholders' equity and cash flows of Borrower and its Subsidiaries (on a consolidated basis) for such fiscal year, in each case certified, without material qualifications or limitations as to scope of the audit, by independent public accountants of recognized standing as having been prepared in accordance with GAAP consistently applied;
Annual Consolidated Financial Statements. As soon as available and in any event within 90 days after the close of each fiscal year of Holdings, the consolidated balance sheets of Holdings and its consolidated Subsidiaries as at the end of such fiscal year and the related consolidated statements of income, of stockholders’ equity and of cash flows for such fiscal year, and in the case of such consolidated financial statements, setting forth comparative figures for the preceding fiscal year, all in reasonable detail and accompanied by the opinion with respect to such consolidated financial statements of independent public accountants of at least regional standing selected by Holdings and reasonably acceptable to the Administrative Agent, and such consolidated statements shall (A) contain an unqualified opinion and state that such accountants audited such consolidated financial statements in accordance with generally accepted auditing standards, that such accountants believe that such audit provides a reasonable basis for their opinion, and that in their opinion such consolidated financial statements present fairly, in all material respects, the consolidated financial position of Holdings and its consolidated subsidiaries as at the end of such fiscal year and the consolidated results of their operations and cash flows for such fiscal year in conformity with generally accepted accounting principles, and setting forth comparative figures for the preceding fiscal year, or (B) contain such statements as are customarily included in unqualified reports of independent accountants in conformity with the recommendations and requirements of the American Institute of Certified Public Accountants (or any successor organization).
Annual Consolidated Financial Statements. As soon as available and in any event within 90 days after the close of each fiscal year of the Guarantor, the consolidated balance sheets of the Guarantor and its consolidated Subsidiaries as at the end of such fiscal year and the related consolidated statements of income, of stockholder's equity and of cash flows for such fiscal year, in each case setting forth comparative figures for the preceding fiscal year, all in reasonable detail and accompanied by the opinion with respect to such consolidated financial statements of independent public accountants of recognized national standing selected by the Guarantor, which opinion shall be unqualified and shall (A) state that such accountants audited such consolidated financial statements in accordance with generally accepted auditing standards, that such accountants believe that such audit provides a reasonable basis for their opinion, and that in their opinion such consolidated financial statements present fairly, in all material respects, the consolidated financial position of the Guarantor and its consolidated subsidiaries as at the end of such fiscal year and the consolidated results of their operations and cash flows for such fiscal year in conformity with generally accepted accounting principles, or (B) contain such statements as are customarily included in unqualified reports of independent accountants in conformity with the recommendations and requirements of the American Institute of Certified Public Accountants (or any successor organization).
Annual Consolidated Financial Statements. Within one hundred (100) days after the close of each fiscal year of Borrower and its Subsidiaries, a copy of the consolidated Financial Statements of Borrower and its Subsidiaries (on Form 10K) as of the close of such fiscal year, prepared on an audited basis in accordance with GAAP by an independent certified public accountant selected by Borrower and reasonably satisfactory to Bank;
Annual Consolidated Financial Statements. As soon as practicable, and in any event within one hundred five (105) days after the close of each fiscal year of the Parent Guarantor, Borrower shall furnish to Lender Parent Guarantor's annual consolidated audit reports for such year on a consolidated basis, including audited consolidated statements of income, retained earnings and changes in financial position of Parent Guarantor for such fiscal year and audited consolidated balance sheets of Parent Guarantor as of the close of such fiscal year, and notes to each, all in reasonable detail, setting forth in comparative form the corresponding figures for the preceding fiscal year where such presentation is appropriate under GAAP, certified by Xxxxx Xxxxxxxx LLP or other independent certified public accountants of recognized standing selected by Parent Guarantor and reasonably satisfactory to Lender, together with (or included in such certification) a written statement of such accountants substantially to the effect that (i) such accountants examined such financial statements in accordance with generally accepted auditing standards and accordingly made such tests of accounting records and such other auditing procedures as they considered necessary in the circumstances and (ii) in the opinion of such accountants such financial statements present fairly the consolidated financial position of Parent Guarantor as of the end of such fiscal year and the results of their consolidated operations and the changes in their consolidated financial position for the fiscal year then ended, in conformity with GAAP applied on a basis consistent with that of the preceding fiscal year (except for changes in application in which such accountants concur). All such financial statements shall be in form satisfactory to Lender.
Annual Consolidated Financial Statements. As soon as available and in any event within 120 days after the end of each fiscal year of the Parent, a copy of the consolidated balance sheet of the Parent and its Subsidiaries as at the end of such fiscal year and consolidated statements of income, retained earnings and cash flows of the Parent and its Subsidiaries for such fiscal year, in each case accompanied by the audit report of Arthur Andersen & Co. or another nationally-recogxxxxx ixxxxxxxxnt public accounting firm acceptable to the Majority Lenders, together with a schedule in form satisfactory to the Majority Lenders of the computations used by such accounting firm in determining, as of the end such fiscal year, compliance with the covenant contained in Section 2(a) hereof.
Annual Consolidated Financial Statements. As soon as available and in any event within one hundred twenty (120) days after the end of each Fiscal Year, balance sheets of the Borrower and its Subsidiaries as of the end of such year, presented on a consolidated basis, and the related statements of income, retained earnings and cash flows of the Borrower and its Subsidiaries for such Fiscal Year, presented on a consolidated basis, setting forth solely for such consolidated statements in comparative form the figures for previous Fiscal Year, all in reasonable detail and accompanied by a report thereon of Xxxxxx Xxxx Xxxxxx Xxxxx PLLC, or any independent public accountants of recognized national standing, which such report shall be unqualified as to going concern and scope of audit and shall state that such financial statements present fairly in all material respects the financial condition as of the end of such Fiscal Year on a consolidated basis, and the results of operations and statements of cash flows of the Borrower and its Subsidiaries for such Fiscal Year in accordance with Agreement Accounting Principles and that the examination by such accountants in connection with such consolidated financial statements has been made in accordance with generally accepted auditing standards.
Annual Consolidated Financial Statements. As soon as delivered to any other creditor, but in no event later than ninety (90) days after the end of each fiscal year, on a consolidated basis with all of Borrower's consolidated Subsidiaries, Borrower's balance sheet as at the end of such year, Borrower's statements of cash flow for such fiscal year and Borrower's statements of income for such fiscal year, all in reasonable detail, all prepared in accordance with GAAP consistently applied, and all audited without qualification by independent certified public accountants of recognized standing selected by Borrower and reasonably satisfactory to Lender, which accountants shall state that said statements fairly present, in all material respects, the financial condition and results of operations of Borrower as at the end of each such fiscal year and were prepared in accordance with GAAP, and, together with such statements, (i) the certificate of such certified public accountants, stating that, based upon their examination of the affairs of the Borrower performed in connection with such statements, they are not aware of the occurrence or existence of any condition or event which constitutes an Event of Default or, if they are aware thereof, the nature thereof, and (ii) a written acknowledgment by such accountant of Lender's reliance upon such financial statement in form and substance reasonably acceptable to Lender, and (iii) in addition to such statements, any supplementary information to the financial reports as Lender shall reasonably require.
