Borrower Financial Information. Each Borrower shall provide, to the extent such information is required by any Lender to enable it to comply with any law, regulation or other requirement of any central bank or other fiscal, monetary or other authority, promptly following request by such Lender, such Borrower’s most recent annual audited financial statements to the extent the same are in final form.
Borrower Financial Information. The Borrower shall deliver to the Bank:
(a) as soon as available, but in any event within sixty (60) days after the end of each fiscal year of the Borrower, a statement of financial condition of the Borrower, as at the end of such fiscal year, and the related consolidated statements of income, cash flows, changes in shareholders’ equity and changes in liabilities subordinated to claims of general creditors for such fiscal year, setting forth in each case in comparative form the figures for the previous fiscal year, all in reasonable detail and prepared in accordance with GAAP and the rules and regulations of the SEC (each such set of financial statements, “Annual Financial Statements”), audited and accompanied by a report and opinion of an independent certified public accountant of nationally recognized standing reasonably acceptable to the Bank, which report and opinion shall be prepared in accordance with generally accepted auditing standards and shall not be subject to any “going concern” or like qualification or exception or any qualification or exception as to the scope of audit not reasonably acceptable to the Bank;
(b) promptly after the sending or filing thereof, copies of any other reports made on Form N-CSR or Form N-Q, schedules, supplements, material financial statements, material reports, material notices or material proxy statements filed by or on behalf of the Borrower with any securities exchange, the SEC or other regulatory authority or sent by the Borrower to its stockholders or other equity holders;
(c) within five (5) Business Days of the end of each calendar month, a copy of its unaudited financial statement for such month (including at a minimum its closing Net Asset Value);
(d) within five (5) Business Days of the Bank’s request, an estimate of the Borrower’s Net Asset Value as of any day; and
(e) within five (5) Business Days of the Bank’s request, such other financial information as the Bank may reasonably request; provided that information required to be delivered pursuant to this Section 6.03 shall be deemed to have been delivered on the date on which the Borrower provides notice to the Bank that such information has been posted on the Borrower’s website at xxxxxxxxxxxxx.xxx, at xxxx://xxx.xxx.xxx/xxxxx/searchedgar/companysearch.html or at another website identified in such notice and accessible by the Bank without charge.
Borrower Financial Information. At the time of delivery of the financial statements provided for in Sections 8.1(a) and (b) above, an unaudited profit and loss statement and an unaudited balance sheet with respect to Borrower and its Consolidated Subsidiaries for the period covered by the applicable consolidated financial statements being delivered on such date.
Borrower Financial Information. Borrower shall maintain or cause to be maintained a system of accounting established and administered in accordance with sound business practices and consistent with past practice to permit preparation of quarterly and, to the extent applicable, annual financial statements, each in conformity with GAAP, and each of the financial statements described below shall be prepared for Borrower from such system and records. Borrower shall deliver or cause to be delivered to Lender:
(a) As soon as practicable, and in any event within forty-five (45) days after the end of the each fiscal quarter commencing with the fiscal quarter ending September 30, 2010, quarterly financial statements of Borrower, in such form as may be approved by Lender from time to time, which financial statements shall include a balance sheet, a statement of operations, a statement of cash flow, rent roll and, upon request by Lender, a current and prospective lease status report, all certified as accurate on behalf of Borrower by an officer of Borrower acceptable to Lender;
(b) On or before December 31st of each year during the term of the Loan, a budget for Borrower showing projected cash flows for the immediately following calendar year and on or before July 31st of each year during the term of the Loan, a re-forecast of projected cash flows for the current calendar year;
(c) Within thirty (30) days of Lender’s request, such and other financial information regarding any persons or entities in any way obligated on the Loan as Lender may reasonably request; and
(d) If audited financial information is prepared for Borrower, copies of such audited financial information within thirty (30) days of its final preparation. Except as otherwise agreed to by Lender, all such financial information shall be prepared in accordance with GAAP consistently applied.
Borrower Financial Information. At the time of delivery of the financial statements provided for in Section 8.l(a) and within 150 days after the close of each fiscal year of the Borrower (or, if sooner, within ten (10) days of the filing thereof with the SEC), an unaudited profit and loss statement and an unaudited balance sheet with respect to Borrower and its Consolidated Subsidiaries for the period covered by the applicable consolidated financial statements being delivered on such date.
Borrower Financial Information. Borrower shall from time to time furnish to Lender such information and reports of Borrower’s financial condition as Lender may reasonably request.
Borrower Financial Information. Borrower will deliver to Lender:
Borrower Financial Information. Borrower will deliver to Lender:
(a) Annual Audited Financial Statements. As soon as available and in any event within ninety (90) days after the end of each fiscal year of Borrower the consolidated financial statements of Borrower as of the end of such fiscal year, accompanied by an audit report thereon by independent certified public accountants selected by Borrower and reasonably satisfactory to Lender (which report shall be prepared in accordance with GAAP and shall not be qualified by reason of restricted or limited examination of any material portion of the records of Borrower and shall contain no disclaimer of opinion or adverse opinion).
Borrower Financial Information. Borrower will deliver to Lender:
(a) Annual Audited Financial Statements. As soon as available, and in any event within ninety (90) days after the end of each fiscal year of Borrower, the consolidated and
Borrower Financial Information. Not later than thirty (30) calendar days following each Collection Period, an income statement for the Credit Parties; and not later than forty-five (45) days following each fiscal quarter of the Credit Parties, a balance sheet for the Credit Parties. Following the first anniversary of the Closing Date, such income statement and balance sheet shall be prepared in accordance with GAAP in all material respects.
