Certificate of Borrower’s Accountants. Simultaneously with the delivery of the annual financial statements required by paragraph (1) of this Section, (a) a statement of Borrower’s Accountants who audited such financial statements comparing the computations set forth in the financial compliance certificate required by paragraph (3) of this Section to the audited financial statements required by paragraph (1) of this Section and (b) when the audited financial statements required by paragraph (1) of this Section have a qualified auditor’s opinion, a statement of Borrower’s Accountants who audited such financial statements of whether any Default or Event of Default has occurred and is continuing;
Appears in 9 contracts
Samples: Term Loan Agreement (Avalonbay Communities Inc), Revolving Loan Agreement (Avalonbay Communities Inc), Loan Agreement (Avalonbay Communities Inc)
Certificate of Borrower’s Accountants. Simultaneously with the delivery of the annual financial statements required by paragraph (1) of this Section, (a) a statement of Borrower’s 's Accountants who audited such financial statements comparing the computations set forth in the financial compliance certificate required by paragraph (3) of this Section to the audited financial statements required by paragraph (1) of this Section and (b) when the audited financial statements required by paragraph (1) of this Section have a qualified auditor’s 's opinion, a statement of Borrower’s 's Accountants who audited such financial statements of whether any Default or Event of Default has occurred and is continuing;
Appears in 4 contracts
Samples: Revolving Loan Agreement (Avalonbay Communities Inc), Revolving Loan Agreement (Bay Apartment Communities Inc), Assignment and Assumption Agreement (Avalon Bay Communities Inc)
Certificate of Borrower’s Accountants. Simultaneously with the delivery of the annual financial statements required by paragraph (1) of this Section, (a) a statement of Borrower’s 's Accountants who audited such financial statements comparing the computations set forth in the financial compliance certificate required by paragraph paragraphs (33)(b) and (d) of this Section to the audited financial statements required by paragraph (1) of this Section and (b) when the audited financial statements required by paragraph (1) of this Section have a qualified auditor’s 's opinion, a statement of Borrower’s 's Accountants who audited such financial statements of whether any Default or Event of Default has occurred and is continuing;
Appears in 3 contracts
Samples: Revolving Credit Agreement (Vornado Realty Trust), Revolving Credit Agreement (Price Enterprises Inc), Revolving Credit Agreement (Vornado Realty Lp)
Certificate of Borrower’s Accountants. Simultaneously with the delivery of the annual financial statements required by paragraph (1) of this Section, (ai) a statement of Borrower’s Guarantor's Accountants who audited such financial statements comparing the computations set forth in the financial compliance certificate required by paragraph (3) of this Section to the audited financial statements required by paragraph (1) of this Section and (bii) when the audited financial statements required by paragraph (1) of this Section have a qualified auditor’s 's opinion, a statement of Borrower’s Guarantor's Accountants who audited such financial statements of whether whether, to their knowledge, any Default or Event of Default has occurred and is continuing;
Appears in 1 contract
Samples: Crescent Real Estate Equities Co