Annual Reporting Requirement. The Administration shall report to the LMC in April of each year regarding the current and projected usage of Salaried Adjuncts.
Annual Reporting Requirement. 36 Cal Water agrees to file an annual report in accordance with the requirements of 37 Schedule E-3 included in D.00-00-000. 38 39 [END OF CHAPTER] 1 CHAPTER 5. AFFILIATE TRANSACTIONS AND 2 NON-TARIFFED SERVICES
4 A. AFFILIATE TRANSACTIONS
Annual Reporting Requirement. A current listing of small wind innovation zones shall be maintained on the board’s Web site at xxx.xxxxx.xx.
Annual Reporting Requirement. Borrower and Guarantor shall furnish to Lender annual certified Financial Statements, including operating statements for the Property, income statements and balance sheets for Borrower, Guarantor and the Property within ninety (90) days of the end of their respective fiscal year. These statements shall: (i) be in form acceptable to Lender, (ii) be prepared in accordance with generally accepted accounting principles, and (iii) include a rent roll certified as true and correct by Borrower or an authorized representative of Borrower. These statements shall be certified as true and correct by Borrower or an authorized representative of Borrower and by any Guarantor, respectively. In the event Borrower fails to provide such statements to Lender within the time prescribed above, Borrower shall pay Lender the sum of Two Hundred and NO/100 Dollars ($200.00) in administrative expenses for each successive month or partial month beyond the ninety (90) day period for which the statements are delinquent. While an Event of Default exists hereunder, Lender shall have the right to require that said Financial Statements be audited and certified by a certified public accountant acceptable to Lender, at the sole cost and expense of Borrower.
Annual Reporting Requirement. The parties agree that the fiscal year for the Foothill Golf Course shall be defined as the period from July 1st to June 30th. The parties further agree that not later than Thirty (30) Days prior to the beginning of each subsequent fiscal year, Lessee shall submit to Lessor for review and reasonable approval a proposed annual operating budget in a form reasonably acceptable to Lessor. At a minimum, Xxxxxx’s proposed annual operating budget shall set forth Lessee’s estimate of the Foothill Golf Course income, operating expenses, and debt service for the coming fiscal year, and shall include a statement of reserves, proposed rent adjustments, and a year to date operating statement. Such operating budget shall show all anticipated income, debt service and expenses of management, operations, reserves and maintenance for each fiscal year or portion thereof following the Commencement Date. Lessee shall operate the Foothill Golf Course in accordance with the approved annual operating budget and the Lease.
Annual Reporting Requirement. Owner agrees to make all people, documents, or information available necessary to Agent to complete the Annual Reporting Requirements of any investor or lender in the Project. Owner further agrees to assist in the preparation and submission of the annual report.
Annual Reporting Requirement. Borrower and Guarantor shall furnish to Lender annual certified Financial Statements, including operating statements for the Property, income statements and balance sheets for Borrower, Guarantor, the Property and all Major Tenants (if required to be delivered to Borrower (subject to any confidentiality requirements) under their respective Leases or otherwise received by Borrower), within one hundred twenty (120) days of the end of their respective fiscal year(s). These statements shall: (i) be in form reasonably acceptable to Lender, (ii) be prepared in accordance with generally accepted accounting principles consistently applied, (iii) include a rent roll certified as true and correct by Borrower or an authorized representative of Borrower, and (iv) include the most current annual sales figures for the Property and all Major Tenants (if applicable and required to be delivered to Borrower (subject to any confidentiality requirements) under their respective Leases or if they are otherwise received by Borrower). These statements for Borrower, Guarantor and the Property shall be certified as true and correct by Borrower or an authorized representative of Borrower and by any Guarantor, respectively. In the event Borrower fails to provide such statements to Lender within the time prescribed above, Borrower shall pay Lender the sum of Two Hundred and NO/100 Dollars ($200.00) in administrative expenses for each successive month or partial month beyond the one hundred twenty (120) day period set forth above for which the statements are delinquent.
Annual Reporting Requirement. Borrower and Guarantor shall furnish to Lender annual certified Financial Statements, including a rent roll, operating statements for the Property, income statements and balance sheets for Borrower, Guarantor, the Property and all Major Tenants (if required under their respective Leases or otherwise available to Borrower), within ninety (90) days of the end of their respective fiscal year. These statements shall: (i) be in form reasonably acceptable to Lender, (ii) be prepared in accordance with generally accepted accounting principles consistently applied, (iii) be certified as true and correct in all material respects by Borrower or an authorized representative of Borrower and Guarantor, respectively, and (iv) include the most current annual sales figures for the Property and all Major Tenants (if applicable, available or required under their respective Leases). In the event Borrower fails to provide such statements to Lender within the time prescribed above, Borrower shall pay Lender the sum of Two Hundred and NO/100 Dollars ($200.00) in administrative expenses for each successive month or partial month beyond the ninety (90) day period set forth above for which the statements are delinquent.
Annual Reporting Requirement. Borrower and Guarantor shall furnish to Lender annual certified Financial Statements, including a rent roll, operating statements for the Property, income statements and balance sheets for Borrower, Guarantor, and the Property, within ninety (90) days of the end of their respective fiscal year. These statements shall: (i) be in form acceptable to Lender, (ii) be prepared in accordance with generally accepted accounting principles consistently applied, and (iii) be certified as true and correct in all material respects by Borrower or an authorized representative of Borrower and Guarantor, respectively. In the event Borrower fails to provide such statements to Lender within the time prescribed above, Borrower shall pay Lender the sum of Two Hundred and NO/100 Dollars ($200.00) in administrative expenses for each successive month or partial month beyond the ninety (90) day period set forth above for which the statements are delinquent.
Annual Reporting Requirement. The parties agree that the fiscal year for the Foothill Golf Course (“FGC”) shall be defined as the period from July 1st to June 30th. The parties further agree that not later than 30 Days prior to the beginning of each subsequent FGC Fiscal Year, Lessee shall submit to the Lessor for review and reasonable approval a proposed annual operating budget in a form reasonably acceptable to Lessor. At a minimum, Xxxxxx’s proposed annual operating budget shall set forth Lessee’s estimate of the Foothill Golf Course income, operating expenses and debt service for the coming fiscal year, and shall include a statement of reserves, proposed rent adjustments, and a year to date operating statement. Lessee shall develop and operate the Foothill Golf Course in accordance with the approved annual operating budget. Lessee shall operate the Foothill Golf Course in accordance with the operating budget as approved by and on file with Lessor as of the Commencement Date. Such operating budget shall show all anticipated income, debt service and expenses of management, operations, reserves and maintenance for the each fiscal year or portion thereof following initial occupancy.
