Common use of Auditors' comfort letters Clause in Contracts

Auditors' comfort letters. The Issuer will: (a) at the time of the preparation of the initial Base Prospectus; (b) on each occasion when the Base Prospectus is updated or amended pursuant to subclause 5.2(a); (c) if so requested by the Arranger on behalf of the Dealers or the relevant Dealer or Lead Manager, on each occasion when the Base Prospectus is revised, supplemented or amended (insofar as the revision, supplement, update or amendment concerns or contains financial information about the Issuer); and (d) whenever requested to do so by a Dealer (on the basis of reasonable grounds), deliver, at the expense of the Issuer, to the Dealers a comfort letter or comfort letters from independent auditors of the Issuer in such form and with such content as the Dealers may reasonably request provided that no letter or letters will be delivered under subclause 5.7(b) above if the only revision, supplement or amendment concerned is the publication or issue of any interim or annual financial statements of the Issuer. If at or prior to the time of any agreement to issue and purchase Notes under clause 2, a request is made under subclause 5.7(d) above with respect to the Notes to be issued, the receipt of the relevant comfort letter or letters in a form satisfactory to the relevant Dealer shall be a further condition precedent to the issue of those Notes to that Dealer.

Appears in 6 contracts

Samples: Programme Agreement, Programme Agreement, Programme Agreement

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Auditors' comfort letters. The Issuer will: (a) at the time of the preparation of the initial Base ProspectusListing Particulars; (b) on each occasion when the Base Prospectus Listing Particulars is updated or amended pursuant to subclause 5.2(a‎5.2(a); (c) if so requested by the Arranger on behalf of the Dealers or the relevant Dealer or Lead Manager, Manager on each occasion when the Base Prospectus Listing Particulars is revised, supplemented or amended (insofar as the revision, supplement, update or amendment concerns or contains financial information about the Issuer); and (d) whenever requested to do so by a Dealer (on the basis of reasonable grounds), deliver, at the expense of the IssuerIssuer (failing which the Guarantor), to the Dealers a comfort letter or comfort letters from independent auditors of the Issuer in such form and with such content as the Dealers may reasonably request provided that no letter or letters will be delivered under subclause 5.7(b(c) above if the only revision, supplement or amendment concerned is the publication or issue of any interim or annual financial statements of the Issuer. If at or prior to the time of any agreement to issue and purchase Notes under clause 2‎2, a request is made under subclause 5.7(d(d) above with respect to the Notes to be issued, the receipt of the relevant comfort letter or letters in a form satisfactory to the relevant Dealer shall be a further condition precedent to the issue of those Notes to that Dealer.

Appears in 4 contracts

Samples: Programme Agreement (Autoliv Inc), Programme Agreement (Autoliv Inc), Programme Agreement (Autoliv Inc)

Auditors' comfort letters. The Issuer will: will (ai) at the time of the preparation of the initial Base Prospectus; , (bii) on thereafter upon each occasion when the Base Prospectus is updated or amended pursuant to subclause 5.2(a); (c) if so requested by the Arranger on behalf of the Dealers or the relevant Dealer or Lead Manager, on each occasion when the Base Prospectus is same may be revised, supplemented or amended amended, whether by means of information incorporated by reference or otherwise, (insofar as the such revision, supplement, amendment or update or amendment concerns or contains financial information about the Issuer); and ) and (diii) at other times whenever so requested to do so by a Dealer (on the basis of reasonable grounds), ) deliver, at the expense of the Issuer, Issuer to the Dealers a comfort letter or comfort letters from independent auditors of the Issuer in such substantially the form and with such content as is consistent with the Dealers may reasonably request comfort letter or comfort letters delivered pursuant to the Initial Documentation List provided that no such letter or letters will be delivered under subclause 5.7(bparagraph (ii) above if the only revision, supplement or amendment concerned is the publication or issue of any interim or annual financial statements (including Form 10-K or 10-Q) of the Issuer. If at or prior to the time of any agreement to issue and purchase Notes under clause 2, 2 such a request is made under subclause 5.7(d) above with respect to the Notes to be issued, the receipt of the relevant comfort letter or letters in a form satisfactory to the relevant Dealer shall be a further condition precedent to the issue of those Notes to that Dealer.

Appears in 3 contracts

Samples: Programme Agreement (International Lease Finance Corp), Programme Agreement (International Lease Finance Corp), Programme Agreement (International Lease Finance Corp)

Auditors' comfort letters. The Issuer will: (a) at the time of the preparation of the initial Base Prospectus; (b) on each occasion when the Base Prospectus is updated or amended pursuant to subclause 5.2(a); (c) if so requested by the Arranger on behalf of the Dealers or the relevant Dealer or Lead Manager, on each occasion when the Base Prospectus is revised, supplemented or amended (insofar as the revision, supplement, update or amendment concerns or contains financial information about the Issuer); and (d) whenever requested to do so by a Dealer (on the basis of reasonable grounds), deliver, at the expense of the Issuer, to the Dealers a comfort letter or comfort letters from independent auditors of the Issuer in such form and with such content as the Dealers may reasonably request provided that no letter or letters will be delivered under subclause 5.7(b5.7(c) above if the only revision, supplement or amendment concerned is the publication or issue of any interim or annual financial statements of the IssuerIssuer (to the extent that such interim or annual financial statements are solely incorporated by reference into such revision, supplement or amendment to the Base Prospectus). If at or prior to the time of any agreement to issue and purchase Notes under clause 2, 2 a request is made under subclause 5.7(d) above with respect to the Notes to be issued, the receipt of the relevant comfort letter or letters in a form satisfactory to the relevant Dealer shall be a further condition precedent to the issue of those Notes to that Dealer.

Appears in 2 contracts

Samples: Programme Agreement, Programme Agreement

Auditors' comfort letters. The Issuer will: (a) at the time of the preparation of the initial Base Prospectus; (b) on each occasion when the Base Prospectus is updated or amended pursuant to subclause Clause 5.2(a); (c) if so requested by the Arranger on behalf of the Dealers or the by a relevant Dealer or Lead Manager, Manager on each occasion when the Base Prospectus is revised, supplemented supplemented, amended or amended updated (insofar as the revision, supplement, amendment or update or amendment concerns or contains financial information about the Issuer); and (d) whenever requested to do so by a Dealer (on the basis of reasonable grounds), deliver, at the expense of the Issuer, Issuer to the Dealers a comfort letter or comfort letters from independent auditors of the Issuer in such form and with such content as the Dealers may reasonably request provided that no letter or letters will be delivered under subclause Clause 5.7(b) above if the only revision, supplement or amendment concerned is the publication or issue incorporation by reference of any interim or annual financial statements of the Issuer. If at or prior to the time of any agreement to issue and purchase Notes Covered Bonds under clause 2, Clause 2 a request is made under subclause Clause 5.7(d) above with respect to the Notes Covered Bonds to be issued, the receipt of the relevant comfort letter or letters in a form satisfactory to the relevant Dealer shall be a further condition precedent to the issue of those Notes Covered Bonds to that Dealer.

Appears in 1 contract

Samples: Programme Agreement

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Auditors' comfort letters. The Issuer will: (a) at the time of the preparation of the initial Base ProspectusListing Particulars; (b) on each occasion when the Base Prospectus Listing Particulars is updated or amended pursuant to subclause 5.2(a); (c) if so requested by the Arranger on behalf of the Dealers or the relevant Dealer or Lead Manager, Manager on each occasion when the Base Prospectus Listing Particulars is revised, supplemented or amended (insofar as the revision, supplement, update or amendment concerns or contains financial information about the Issuer); and (d) whenever requested to do so by a Dealer (on the basis of reasonable grounds), deliver, at the expense of the IssuerIssuer (failing which the Guarantor), to the Dealers a comfort letter or comfort letters from independent auditors of the Issuer in such form and with such content as the Dealers may reasonably request provided that no letter or letters will be delivered under subclause 5.7(b(c) above if the only revision, supplement or amendment concerned is the publication or issue of any interim or annual financial statements of the Issuer. If at or prior to the time of any agreement to issue and purchase Notes under clause 2, a request is made under subclause 5.7(d(d) above with respect to the Notes to be issued, the receipt of the relevant comfort letter or letters in a form satisfactory to the relevant Dealer shall be a further condition precedent to the issue of those Notes to that Dealer.

Appears in 1 contract

Samples: Programme Agreement (Autoliv Inc)

Auditors' comfort letters. The Each Issuer will: (a) at the time of the preparation of the initial Base ProspectusOffering Circular; (b) on each occasion when the Base Prospectus Offering Circular is updated or amended pursuant to subclause 5.2(a); (c) and, if so requested by the Arranger on behalf of the Dealers or the relevant Dealer or Lead Manager, on each occasion when the Base Prospectus Offering Circular is revised, supplemented or amended (insofar as the revision, supplement, update or amendment concerns or contains financial information about the that Issuer); and (dc) whenever requested to do so by a Dealer (on the basis of reasonable grounds), deliver, at the expense of the relevant Issuer, to the Dealers a comfort letter or comfort letters from independent auditors of the relevant Issuer in such form and with such content as the Dealers may reasonably request provided that no letter or letters will be delivered under subclause 5.7(b) above if the only revision, supplement or amendment concerned is the publication or issue of any interim or annual financial statements of the relevant Issuer. If at or prior to the time of any agreement to issue and purchase Notes under clause 2, 2 a request is made under subclause 5.7(d5.7(c) above with respect to the Notes to be issued, the receipt of the relevant comfort letter or letters in a form satisfactory to the relevant Dealer shall be a further condition precedent to the issue of those Notes to that Dealer.

Appears in 1 contract

Samples: Programme Agreement (Wachovia Corp New)

Auditors' comfort letters. The Issuer will: (a) at the time of the preparation of the initial Base ProspectusOffering Circular; (b) on each occasion when the Base Prospectus Offering Circular is updated or amended pursuant to subclause 5.2(a); (c) if so requested by the Arranger on behalf of the Dealers or the relevant Dealer or Lead Manager, on each occasion when the Base Prospectus Offering Circular is revised, supplemented or amended (insofar as the revision, supplement, update or amendment concerns or contains financial information about the IssuerIssuer ); and (d) whenever requested to do so by a Dealer (on the basis of reasonable grounds), deliver, at the expense of the Issuer, to the Dealers a comfort letter or comfort letters from independent auditors of the Issuer in such form and with such content as the Dealers may reasonably request provided that no letter or letters will be delivered under subclause 5.7(b) above if the only revision, supplement or amendment concerned is the publication or issue of any interim or annual financial statements of the Issuer. If at or prior to the time of any agreement to issue and purchase Notes under clause 2, a request is made under subclause 5.7(d) above with respect to the Notes to be issued, the receipt of the relevant comfort letter or letters in a form satisfactory to the relevant Dealer shall be a further condition precedent to the issue of those Notes to that Dealer.

Appears in 1 contract

Samples: Programme Agreement

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