Common use of Current Financial Information Clause in Contracts

Current Financial Information. The Company agrees to furnish RMST, within ninety (90) days after the end of the Company's fiscal year, audited annual financial statements for that year end, reflecting the corresponding figures for the preceding fiscal year in comparative form, accompanied by the related report acceptable to RMST prepared by the Company's independent certified public accountants stating that the statements were prepared according to generally accepted account principles applied on a basis consistent with prior periods except for such changes in generally accepted accounting principles concurred in by the Company's independent public accountants. Promptly when available and least within forty five (45) days after the end of each of the first three fiscal quarters in the Company's fiscal year, the Company shall furnish RMST its financial statements for that quarter and the year to date, each reflecting the corresponding figures for the same quarter in the preceding fiscal year in comparative form. If requested by RMST, the Company will provide RMST monthly financial statements no later than twenty (20) days after the close of each month in its fiscal year.

Appears in 3 contracts

Samples: Residential Mortgage Services (Homegold Financial Inc), Mortgages Purchase Agreement (Austin Funding Com Corp), Mortgages Purchase Agreement (Austin Funding Com Corp)

AutoNDA by SimpleDocs

Current Financial Information. The Company agrees to furnish RMST, within ninety (90) days after the end of the Company's fiscal year, audited annual financial statements for that year end, reflecting the corresponding figures for the preceding fiscal year in comparative form, accompanied by the related report acceptable to RMST prepared by the Company's independent certified public accountants stating that the statements were prepared according to generally accepted account principles applied on a basis consistent with prior periods except for such changes in generally accepted accounting principles concurred in by the Company's independent public accountants. Promptly when available and least within forty five sixty (4560) days after the end of each of the first three fiscal quarters in the Company's fiscal year, the Company shall furnish RMST its financial statements for that quarter and the year to date, each reflecting the corresponding figures for the same quarter in the preceding fiscal year in comparative form. If requested by RMST, the Company will provide RMST monthly financial statements no later than twenty (20) days after the close of each month in its fiscal year.

Appears in 1 contract

Samples: Mortgages Purchase Agreement (Community Home Mortgage Corp)

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