Deliver Information. The Company shall deliver to the Bank at the close of each financial year of the Company one copy of its annual financial statements, which unless otherwise indicated in the Offer of Finance shall be prepared on an audited basis by independent auditors of the Company, qualified and entitled to carry on in the Applicable Province the practice of public accounting and auditing, including the balance sheet and statements of income, retained earnings and changes in financial position, together with all supporting schedules. Such financial statements shall be signed by an authorized officer of the Company and shall be accompanied by a detailed report of the auditors (which report shall not be qualified in any material respect). The Company shall deliver such financial statements to the Bank, together with such other statements and reports as may be required pursuant to the Offer of Finance, within the time periods stipulated therein. The Company shall provide to the Bank any other information concerning its financial position and business operations which the Bank may from time to time request.
Appears in 3 contracts
Samples: General Security Agreement (Universe2u Inc), General Security Agreement (Universe2u Inc), General Security Agreement (Universe2u Inc)
Deliver Information. The Company shall deliver to the Bank at the close of each financial year of the Company one copy of its annual financial statements, which unless otherwise indicated in the Offer of Finance shall be prepared on an audited basis by independent auditors of the Company, qualified and entitled to carry on in the Applicable Province the practice of public accounting and auditing, including the balance sheet and statements of income, retained earnings and changes in financial position, together with all supporting schedules. Such financial statements shall be signed by an authorized officer of the Company and shall be accompanied by a detailed report of the auditors (which report shall not be qualified in any material respect). The Company shall deliver such financial statements to the BankLender, together with such other statements and reports as may be required pursuant to the Offer of Finance, within the time periods stipulated therein. The Company shall provide to the Bank Lender any other information concerning its financial position and business operations which the Bank Lender may from time to time reasonably request.
Appears in 2 contracts
Samples: General Security Agreement (Derma Sciences Inc), General Security Agreement (Derma Sciences Inc)