Common use of Audit Report Clause in Contracts

Audit Report. Within ninety (90) days after the end of each fiscal year of Borrower, a copy of an annual report of Borrower and its Subsidiaries prepared on a consolidated basis and in conformity with GAAP applied on a basis consistent with the consolidated financial statements of Borrower and its Subsidiaries referred to in Section 6.3 above, duly audited by independent certified public accountants of recognized standing satisfactory to the Agent, accompanied by an opinion without qualification.

Appears in 2 contracts

Samples: Credit Agreement (Heartland Financial Usa Inc), Credit Agreement (Heartland Financial Usa Inc)

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Audit Report. Within ninety (90) 100 days after the end of each fiscal year of the Borrower, a copy of an annual audit report of the Borrower and its Subsidiaries any subsidiary prepared on a consolidated basis and in conformity with GAAP generally accepted accounting principles applied on a basis consistent with the audited consolidated financial statements of the Borrower and its Subsidiaries any subsidiary referred to in Section 6.3 above, duly audited certified by independent certified public accountants of recognized standing satisfactory to the AgentLender, accompanied by an opinion without significant qualification.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Continental Materials Corp), Revolving Credit and Term Loan Agreement (Continental Materials Corp)

Audit Report. Within ninety (90) 120 days after the end of each fiscal year of Borrower, a copy of an annual audit report of Borrower and its Subsidiaries any Subsidiary prepared on a consolidated basis and in conformity with GAAP applied on a basis consistent with the consolidated financial statements of Borrower and its Subsidiaries referred to in Section 6.3 aboveGAAP, duly audited certified by independent certified public accountants of recognized standing satisfactory to the AgentLenders, accompanied by an opinion without significant qualification.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Continental Materials Corp), Revolving Credit and Term Loan Agreement (Continental Materials Corp)

Audit Report. Within ninety (90) 90 days after the end of each fiscal year of the Borrower, a copy of an annual report of the Borrower and its Subsidiaries prepared on a consolidated basis and in conformity with GAAP generally accepted accounting principles applied on a basis consistent with the consolidated financial statements of the Borrower and its Subsidiaries referred to in Section 6.3 aboveany Subsidiary, duly audited by independent certified public accountants of recognized standing satisfactory to the Agent, Lender accompanied by an opinion without qualificationunqualified opinion.

Appears in 2 contracts

Samples: Credit Agreement (First Mid Illinois Bancshares Inc), Credit Agreement (First Mid Illinois Bancshares Inc)

Audit Report. Within ninety (90) 135 days after the end of each fiscal year of Borrowerthe Borrower and Holdings, a copy of an annual audit report of Borrower and its Subsidiaries the Borrower, prepared on a consolidated basis and in conformity with GAAP generally accepted accounting principles applied on a basis consistent with the consolidated prior financial statements of Borrower submitted to the Lender, and its Subsidiaries referred to in Section 6.3 above, duly audited prepared and certified by independent certified public accountants of recognized standing satisfactory to the Agent, Lender and accompanied by an opinion a statement that such report is without significant qualification.

Appears in 1 contract

Samples: Business Loan Agreement (Advanced Life Sciences Holdings, Inc.)

Audit Report. Within ninety (90) 90 days after the end of each fiscal year of Borrower, a copy of an annual report of Borrower and its Subsidiaries any Subsidiary prepared on a consolidated basis and in conformity with GAAP generally accepted accounting principles applied on a basis consistent with the consolidated financial statements of Borrower and its Subsidiaries any Subsidiary referred to in Section 6.3 above, duly audited by independent certified public accountants of recognized standing satisfactory to the AgentLender, accompanied by an opinion without significant qualification.

Appears in 1 contract

Samples: Credit Agreement (Heartland Financial Usa Inc)

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Audit Report. Within ninety (90) 90 days after the end of each fiscal year of Borrower, a copy of an annual report of Borrower and its Subsidiaries any Subsidiary prepared on a consolidating and consolidated basis and in conformity with GAAP generally accepted accounting principles applied on a basis consistent with the consolidating and consolidated financial statements of Borrower and its Subsidiaries any Subsidiary referred to in Section 6.3 above, duly audited by independent certified public accountants of recognized standing satisfactory to the AgentLender, accompanied by an opinion without significant qualification.

Appears in 1 contract

Samples: Revolving Credit Agreement (First Western Bancorp Inc)

Audit Report. Within ninety (90) 90 days after the end of each fiscal year of Borrower, a copy of an annual report of Borrower and its Subsidiaries prepared on a consolidated basis and in conformity with GAAP generally accepted accounting principles applied on a basis consistent with the consolidated financial statements of Borrower and its Subsidiaries referred to in Section 6.3 SECTION 4.3 above, duly audited by independent certified public accountants of recognized standing satisfactory to the AgentLender, accompanied by an opinion without significant qualification.

Appears in 1 contract

Samples: Credit Agreement (Heartland Financial Usa Inc)

Audit Report. Within ninety (90) 90 days after the end of each fiscal year of Borrower, a copy of an annual report of Borrower and its Subsidiaries any Subsidiary prepared on a consolidating and consolidated basis and in conformity with GAAP generally accepted accounting principles applied on a basis consistent with the consolidating and consolidated financial statements of Borrower and its Subsidiaries any Subsidiary referred to in Section 6.3 above, duly audited and certified by independent certified public accountants of recognized standing satisfactory to the AgentLender, accompanied by an opinion without significant qualification.

Appears in 1 contract

Samples: Revolving Credit Agreement (Second Bancorp Inc)

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