Common use of Audit qualification Clause in Contracts

Audit qualification. The Auditors qualify their report on any audited consolidated financial statements of the Borrower other than with a qualification of a minor or technical nature.

Audit qualification. The Auditors qualify their report on any audited consolidated financial statements of the Borrower other than with a qualification of a minor nature or of a technical naturenature which is immaterial.

Audit qualification. The Auditors qualify their Auditor qualifies its report on any audited consolidated financial statements of any Obligor in circumstances where the Borrower other than with a matters in respect of which such qualification was made are, or could reasonably be expected to be, materially adverse to the interests of a minor or technical naturethe Lenders.