Common use of Annual Financial Statements and Tax Returns Clause in Contracts

Annual Financial Statements and Tax Returns. As soon as available and in any event (i) within NINETY (90) days after the end of each fiscal year, a financial statement to include a balance sheet, income statement and cash flow statement of each Debtor, as of the end of such fiscal year, reviewed by independent certified public accountants of recognized standing satisfactory to the Lender, and (ii) within THIRTY (30) days of filing, annual income tax returns for Debtor.

Appears in 1 contract

Samples: Loan Agreement (United eSystems, Inc.)

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Annual Financial Statements and Tax Returns. As soon as available and in any event (i) within NINETY (90) days after the end of each fiscal year, a financial financials statement to include a balance sheet, income statement and cash flow statement of each DebtorParent, on a consolidated basis, as of the end of such fiscal yearyear and for the period then ended, reviewed audited by independent certified public accountants of recognized standing satisfactory to the Lender, and (ii) within THIRTY (30) days of filing, annual income tax returns for DebtorParent.

Appears in 1 contract

Samples: Loan and Security Agreement (Atsi Communications Inc/De)

Annual Financial Statements and Tax Returns. As soon as available and in any event (i) within NINETY ninety (90) days after the end of each fiscal year, a financial statement to include a balance sheet, income statement and cash flow statement of each Debtor, as of the end of such fiscal year, reviewed audited by independent certified public accountants of recognized standing satisfactory to the Lender, and (ii) within THIRTY thirty (30) days of filing, annual income tax returns for Debtor.. PLAINSCAPITAL BANK – AVATAR SYSTEMS, INC. LOAN AND SECURITY AGREEMENT - PAGE 21

Appears in 1 contract

Samples: Loan and Security Agreement (Avatar Systems Inc)

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Annual Financial Statements and Tax Returns. As soon as available and in any event (i) within NINETY (90) days after the end of each fiscal year, a financial statement to include a balance sheet, income statement and cash flow statement of each DebtorDebtor (on a consolidated and consolidating basis), as of the end of such fiscal year, reviewed audited by independent certified public accountants of recognized standing satisfactory to the Lender, and (ii) within THIRTY (30) days of filing, annual income tax returns for Debtor.

Appears in 1 contract

Samples: Loan and Security Agreement (Flint Telecom Group Inc.)

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