Common use of Borrower’s Quarterly Financial Statements Clause in Contracts

Borrower’s Quarterly Financial Statements. As soon as available and in any event within sixty (60) days after the end of each of the first three quarters of each Fiscal Year of Borrower, the consolidating balance sheets of Borrower, and (i) its Restricted Subsidiaries, and (ii) all of its Subsidiaries as of the end of such quarter, consolidated and consolidating statements of income, statements of stockholders’ equity and cash flow statements of Borrower and (A) its Restricted Subsidiaries and (B) all of its Subsidiaries both for such quarter and for the period commencing at the end of the previous Fiscal Year and ending with the end of such quarter, all in reasonable detail and stating in comparative form corresponding unaudited consolidated figures for the corresponding date and period in the previous Fiscal Year and all prepared in accordance with GAAP consistently applied and certified by the chief financial officer of Borrower (subject to year-end adjustments).

Appears in 3 contracts

Samples: Credit Agreement and Guaranty (Hampshire Group LTD), Credit Agreement and Guaranty (Hampshire Group LTD), Credit Agreement and Guaranty (Hampshire Group LTD)

AutoNDA by SimpleDocs

Borrower’s Quarterly Financial Statements. As soon as available and in any event within sixty forty-five (6045) days after the end of each of the first three quarters of each Fiscal Year of Borrower, the consolidating balance sheets of Borrower, and (i) its Restricted Subsidiaries, and (ii) all of its Subsidiaries as of the end of such quarter, consolidated and consolidating statements of income, statements of stockholders’ equity and cash flow statements of Borrower and (A) its Restricted Subsidiaries and (B) all of its Subsidiaries both for such quarter and for the period commencing at the end of the previous Fiscal Year and ending with the end of such quarter, all in reasonable detail and stating in comparative form corresponding unaudited consolidated figures for the corresponding date and period in the previous Fiscal Year and all prepared in accordance with GAAP for interim financial information, consistently applied and certified by the chief financial officer of Borrower (subject to year-end adjustments)Borrower.

Appears in 2 contracts

Samples: Credit Agreement and Guaranty (Hampshire Group LTD), Credit Agreement and Guaranty (Hampshire Group LTD)

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