Common use of Annual Examination and Tax Returns Clause in Contracts

Annual Examination and Tax Returns. (a) The books of the Partnership shall be brought up to date annually each year by the General Partner or the Accountants. The General Partner or the Accountants shall determine and prepare for such fiscal year, using the method of accounting determined in accordance with Section 11.1, consistently applied, such financial statements as are required by the Loan Documents.

Appears in 3 contracts

Samples: Agreement (Capital Senior Living Corp), Agreement (Capital Senior Living Corp), Agreement (Capital Senior Living Corp)

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Annual Examination and Tax Returns. (a) The books of the Partnership shall be brought up to date annually each year by the General Partner or the Accountants. The General Partner or the Accountants shall determine and prepare for such fiscal year, using the method of accounting determined in accordance with Section 11.1, consistently applied, such financial statements as are required by the Loan DocumentsLoan.

Appears in 1 contract

Samples: Agreement (Capital Senior Living Corp)

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