Common use of Delivery of Financial Information Clause in Contracts

Delivery of Financial Information. Guarantor hereby agrees to cause ALS Holdings to deliver the financial information of Guarantor required to be delivered to PSLT-ALS Holdings pursuant to Paragraph 9(d) of the Agreement Regarding Leases and further agrees that any such financial information of Guarantor so delivered may, without the prior consent of, or notice to, Guarantor, be disclosed in offering memoranda or prospectuses, or similar publications in connection with syndications, private placements or public offerings of PSLT-ALS Holdings' (or PSLT-ALS Holdings' direct or indirect Parent's) securities or interests, and any other reporting requirements under applicable federal and state laws, including those of any successor to PSLT-ALS Holdings. Guarantor agrees to provide such other reasonable information necessary to facilitate a private placement or a public offering or to satisfy the SEC or regulatory disclosure requirements. Guarantor agrees to cause its independent accountants, at PSLT-ALS Holdings' cost, to consent to the inclusion of their audit report issued with respect to such financial statements in any registration statement or other filing under federal and state laws and to provide the underwriters participating in any offering of securities or interests of PSLT-ALS Holdings (or PSLT-ALS Holdings' direct or indirect Parent) with a standard accountant's "comfort" letter with regard to the financial information of Guarantor included or incorporated by reference into any prospectus or other offering document. Guarantor also agrees to make available to any underwriter participating in an offering of PSLT-ALS Holdings' (or PSLT-ALS Holdings' direct or indirect Parent's) securities or interests, and any attorney, accountant or other agent or representative retained by an underwriter (an "Inspector"), all financial and other records and pertinent corporate documents of Guarantor as shall be reasonably necessary to enable them to exercise their due diligence responsibility, and cause Guarantor's directors, officers and employees to supply all information requested by any such Inspector in connection with such offering. Upon request of PSLT-ALS Holdings, Guarantor shall notify PSLT-ALS Holdings of any necessary corrections to information PSLT-ALS Holdings proposes to publish within a reasonable period of time (not to exceed three (3) Business Days) after being informed thereof by PSLT-ALS Holdings.

Appears in 4 contracts

Samples: Guaranty of Agreement Regarding Leases (Provident Senior Living Trust), Lease Agreement (Brookdale Senior Living Inc.), Guaranty of Agreement Regarding Leases (Brookdale Senior Living Inc.)

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Delivery of Financial Information. Guarantor hereby agrees to cause ALS BLC Holdings to deliver the financial information of Guarantor required to be delivered to PSLT-ALS BLC Holdings pursuant to Paragraph 9(d) of the Agreement Regarding Leases and further agrees that any such financial information statements of Guarantor so delivered to PSLT-BLC Holdings may, without the prior consent of, or notice to, Guarantor, be disclosed in offering memoranda or prospectuses, or similar publications in connection with syndications, private placements or public offerings of PSLT-ALS BLC Holdings' (or PSLT-ALS BLC Holdings' direct or indirect Parent's) securities or interests, and any other reporting requirements under applicable federal and state laws, including those of any successor to PSLT-ALS BLC Holdings. Guarantor agrees to provide such other reasonable information necessary to facilitate a private placement or a public offering or to satisfy the SEC or regulatory disclosure requirements. Guarantor agrees to cause its independent accountants, at PSLT-ALS BLC Holdings' cost, to consent to the inclusion of their audit report issued with respect to such financial statements in any registration statement or other filing under federal and state laws and to provide the underwriters participating in any offering of securities or interests of PSLT-ALS BLC Holdings (or PSLT-ALS BLC Holdings' direct or indirect Parent) with a standard accountant's "comfort" letter with regard to the financial information of Guarantor included or incorporated by reference into any prospectus or other offering document. Guarantor also agrees to make available to any underwriter participating in an offering of PSLT-ALS BLC Holdings' (or PSLT-ALS BLC Holdings' direct or indirect Parent's) securities or interests, and any attorney, accountant or other agent or representative retained by an underwriter (an "Inspector"), all financial and other records and pertinent corporate documents of Guarantor as shall be reasonably necessary to enable them to exercise their due diligence responsibility, and cause Guarantor's directors, officers and employees to supply all information requested by any such Inspector in connection with such offering. Upon request of PSLT-ALS BLC Holdings, Guarantor shall notify PSLT-ALS BLC Holdings of any necessary corrections to information PSLT-ALS BLC Holdings proposes to publish within a reasonable period of time (not to exceed three (3) Business Days) after being informed thereof by PSLT-ALS BLC Holdings.

Appears in 2 contracts

Samples: Guaranty of Agreement Regarding Leases (Brookdale Senior Living Inc.), Guaranty of Agreement Regarding Leases (Provident Senior Living Trust)

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