Common use of Annual Statement Clause in Contracts

Annual Statement. The Company agrees to have an annual audit made by its regular independent public accountants and within 180 days after the close of each fiscal year to furnish the Trustee and any Bondholder who may so request a balance sheet and statement of income and surplus showing the financial condition of the Company and its consolidated subsidiaries, if any, at the close of such fiscal year and the results of operations of the Company and its consolidated subsidiaries, if any, for such fiscal year, accompanied by a certificate or opinion of said accountants. The requirements of this Section 4.4 may be satisfied by the submission to the Trustee and each Bondholder who may request such information of the Company's annual report to its shareholders.

Appears in 9 contracts

Samples: Loan Agreement (Gulf Power Co), Loan Agreement (Gulf Power Co), Lease Agreement (Savannah Electric & Power Co)

AutoNDA by SimpleDocs

Annual Statement. The Company agrees to have an annual audit made by its regular independent public accountants and within 180 days after the close of each fiscal year to timely furnish the Trustee and any Bondholder who may so request a balance sheet and statement of income and surplus showing the financial condition of the Company and its consolidated subsidiaries, if any, at the close of such fiscal year and the results of operations of the Company and its consolidated subsidiaries, if any, for such fiscal year, accompanied by a certificate or opinion of said accountants. The requirements of this Section 4.4 4.5 may be satisfied by the submission to the Trustee and each Bondholder who may request such information of the Company's annual report to its shareholders, provided such annual report contains the information required by the preceding sentence.

Appears in 5 contracts

Samples: Loan Agreement (Mississippi Power Co), Loan Agreement (Gulf Power Co), Loan Agreement (Mississippi Power Co)

Annual Statement. The Company agrees to have an annual audit made by its regular independent public accountants and within 180 days after the close of each fiscal year to furnish the Trustee and any Bondholder who may so request a balance sheet and statement of income and surplus showing the financial condition of the Company and its consolidated subsidiaries, if any, at the close of such fiscal year and the results of operations of the Company and its consolidated subsidiaries, if any, for such fiscal year, accompanied by a certificate or opinion of said accountants. The requirements of the Company pursuant to this Section 4.4 4.6 may be satisfied by the submission to the Trustee and each Bondholder who may request such information of the Company's annual report to its shareholders, so long as the Company prepares such an annual report.

Appears in 2 contracts

Samples: Loan Agreement (Gulf Power Co), Loan Agreement (Gulf Power Co)

Annual Statement. The Company agrees to have an annual audit made by its regular independent certified public accountants and within 180 120 days after the close of each fiscal year to furnish the Trustee and any Bondholder holder of the Bonds who may so request a balance sheet and statement of income and surplus showing the financial condition of the Company and its consolidated subsidiaries, if any, at the close of such fiscal year and the results result of operations of the Company and its consolidated subsidiaries, if any, for such fiscal year, accompanied by a certificate or opinion of said accountants. The requirements of this Section 4.4 may 6.4 shall be satisfied by the submission to the Trustee and each Bondholder or to any holder of the Bonds who may request such information of the Company's annual report to its shareholders.

Appears in 1 contract

Samples: Installment Sale Agreement (Southern Power Co)

AutoNDA by SimpleDocs

Annual Statement. The Company agrees to have an annual audit made by its regular independent public accountants and within 180 days after the close of each fiscal year to furnish the Trustee and any Bondholder who may so request a balance sheet and statement of income and surplus showing the financial condition of the Company and its consolidated subsidiaries, if any, at the close of such fiscal year and the results of operations of the Company and its consolidated subsidiaries, if any, for such fiscal year, accompanied by a certificate or opinion of said accountants. The requirements of the Company pursuant to this Section 4.4 4.6 may be satisfied by the submission to the Trustee and each Bondholder who may request such information of the Company's annual report to its shareholders., so long as the Company prepares such an annual report or its Annual Report on Form 10-K.

Appears in 1 contract

Samples: Loan Agreement (System Energy Resources Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.