Common use of Annual Financial Statements and Information Clause in Contracts

Annual Financial Statements and Information. Within ninety ------------------------------------------- (90) days after the end of each fiscal year of the Borrowers, the audited consolidated balance sheet of the Borrowers and the Restricted Subsidiaries (and unaudited consolidating balance sheet of the Borrowers and the Unrestricted Subsidiaries) as of the end of such fiscal year and the related audited consolidated and unaudited consolidating statements of operations for such fiscal year and for the previous fiscal year, the related audited consolidated statements of cash flow and stockholders' equity for such fiscal year and for the previous fiscal year, which shall be accompanied by an opinion of Deloitte & Touche, LLP, or other independent certified public accountants of recognized national standing reasonably acceptable to the Administrative Agent, which shall be in scope and substance reasonably satisfactory to the Administrative Agent, together with a statement of such accountants that in connection with their audit, nothing came to their attention that caused them to believe that the Borrowers were not in compliance with the terms, covenants, provisions or conditions of Sections 7.8, 7.9, 7.10, 7.11 and 7.12 hereof insofar as they relate to accounting matters.

Appears in 2 contracts

Samples: Loan Agreement (American Tower Corp /Ma/), Loan Agreement (American Tower Corp /Ma/)

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Annual Financial Statements and Information. Within ninety ------------------------------------------- (90) days after the end of each fiscal year of the BorrowersBorrower, the audited consolidated balance sheet of the Borrowers Borrower and the its Restricted Subsidiaries (and unaudited consolidating balance sheet of the Borrowers Borrower and the its Unrestricted Subsidiaries) as of the end of such fiscal year and the related audited consolidated and unaudited consolidating statements of operations for such fiscal year and for the previous fiscal year, the related audited consolidated statements of cash flow and stockholders' equity for such fiscal year and for the previous fiscal year, which shall be accompanied by an opinion which shall be in scope and substance reasonably satisfactory to the Administrative Agent of Deloitte & Touche, LLP, or other independent certified public accountants of recognized national standing reasonably acceptable to the Administrative Agent, which shall be in scope and substance reasonably satisfactory to the Administrative Agent, together with a statement of such accountants that in connection with their audit, nothing came to their attention that caused them to believe that the Borrowers were Borrower was not in compliance with the terms, covenants, provisions or conditions of Sections 7.8, 7.9, 7.10, 7.10 and 7.11 and 7.12 hereof insofar as they relate to accounting matters.

Appears in 2 contracts

Samples: Loan Agreement (American Radio Systems Corp /Ma/), Loan Agreement (American Tower Systems Corp)

Annual Financial Statements and Information. Within ninety ------------------------------------------- (90) days after the end of each fiscal year of the Borrowers, the audited consolidated balance sheet of the Borrowers and the Restricted Subsidiaries (and unaudited consolidating balance sheet of the Borrowers and the Unrestricted Subsidiaries) as of the end of such fiscal year and the related audited consolidated and unaudited consolidating statements of operations for such fiscal year and for the previous fiscal year, the related audited consolidated statements of cash flow and stockholders' equity for such fiscal year and for the previous fiscal year, which shall be accompanied by an opinion of Deloitte & Touche, LLP, or other independent certified public accountants of recognized national standing reasonably acceptable to the Administrative Agent, which shall be in scope and substance reasonably satisfactory to the Administrative Agent, together with a statement of such accountants that in connection with their audit, nothing came to their attention that caused them to believe that the Borrowers were not in compliance with the terms, covenants, provisions or conditions of Sections 7.8, 7.9, 7.10, 7.11 and 7.12 7.15 hereof insofar as they relate to accounting matters.

Appears in 1 contract

Samples: Loan Agreement (American Tower Corp /Ma/)

Annual Financial Statements and Information. Within ninety ------------------------------------------- (90) days after the end of each fiscal year of the BorrowersBorrower, the audited consolidated balance sheet of the Borrowers Borrower and the its Restricted Subsidiaries (and unaudited consolidating balance sheet of the Borrowers Borrower and the its Unrestricted Subsidiaries) as of the end of such fiscal year and the related audited consolidated and unaudited consolidating statements of operations for such fiscal year and for the previous fiscal year, the related audited consolidated statements of cash flow and stockholders' equity for such fiscal year and for the previous fiscal year, which shall be accompanied by an opinion which shall be in scope and substance reasonably satisfactory to the Administrative Agent of Deloitte & Touche, LLP, LLP or other independent certified public accountants of recognized national standing reasonably acceptable to the Administrative Agent, which shall be in scope and substance reasonably satisfactory to the Administrative Agent, together with a statement of such accountants that in connection with their audit, nothing came to their attention that caused them to believe that the Borrowers were Borrower was not in compliance with the terms, covenants, provisions or conditions of Sections 7.8, 7.9, 7.10, 7.10 and 7.11 and 7.12 hereof insofar as they relate to accounting matters.

Appears in 1 contract

Samples: Loan Agreement (American Tower Systems Corp)

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Annual Financial Statements and Information. Within ninety ------------------------------------------- (90) days after the end of each fiscal year of the Borrowers, the audited consolidated balance sheet of the Borrowers and the Restricted Subsidiaries (and unaudited consolidating balance sheet of the Borrowers and the Unrestricted Subsidiaries) as of the end of such fiscal year and the related audited consolidated and unaudited consolidating statements of operations for such fiscal year and for the previous fiscal year, the related audited consolidated statements of cash flow and stockholders' equity for such fiscal year and for the previous fiscal year, which shall be accompanied by an opinion of Deloitte & Touche, LLP, or other independent certified public accountants of recognized national standing reasonably acceptable to the Administrative Agent, which shall be in scope and substance reasonably satisfactory to the Administrative Agent, together with a statement of such accountants that in connection with their audit, nothing came to their attention that caused them to believe that the Borrowers were not in compliance with the terms, covenants, provisions or conditions of Sections 7.8, 7.9, 7.10, 7.10 and 7.11 and 7.12 hereof insofar as they relate to accounting matters.

Appears in 1 contract

Samples: Loan Agreement (American Tower Corp /Ma/)

Annual Financial Statements and Information. Within ninety ------------------------------------------- (90) days after the end of each fiscal year of the BorrowersBorrower, the audited consolidated balance sheet of the Borrowers Borrower and the its Restricted Subsidiaries (and unaudited consolidating balance sheet of the Borrowers Borrower and the its Unrestricted Subsidiaries) as of the end of such fiscal year and the related audited consolidated and unaudited consolidating statements of operations for such fiscal year and for the previous fiscal year, the related audited consolidated statements of cash flow and stockholders' equity for such fiscal year and for the previous fiscal year, which shall be accompanied by an opinion of Deloitte & Touche, LLP, or other independent certified public accountants of recognized national standing reasonably acceptable to the Administrative Agent, which shall be in scope and substance reasonably satisfactory to the Administrative Agent, together with a statement of such accountants that in connection with their audit, nothing came to their attention that caused them to believe that the Borrowers were Borrower was not in compliance with the terms, covenants, provisions or conditions of Sections 7.8, 7.9, 7.10, 7.11 and 7.12 Section 7.8 hereof insofar as they relate to accounting matters.

Appears in 1 contract

Samples: Parent Loan Agreement (American Tower Corp /Ma/)

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