Common use of FINANCIAL AND RELATED INFORMATION Clause in Contracts

FINANCIAL AND RELATED INFORMATION. The following information: (i) A certificate, signed by an officer of the general partners of each entity comprising the Borrower, stating that on the Agreement Effective Date no Default or Event of Default has occurred and is continuing and that all representations and warranties of the Borrower contained herein are true and correct in all material respects as of the Agreement Effective Date as and to the extent set forth herein; (ii) The most recent financial statements of the Consolidated Group and a certificate from a Qualified Officer of Equity Inns that no change in the Consolidated Group’s financial condition that would have a Material Adverse Effect has occurred since December 31, 2005; (iii) A compliance certificate in the form attached hereto as Exhibit I calculating the applicable status of Borrower’s financial covenants hereunder as of the Agreement Effective Date. (iv) Written money transfer instructions, in substantially the form of Exhibit H hereto, addressed to the Administrative Agent and signed by a Qualified Officer, together with such other related money transfer authorizations as the Administrative Agent may have reasonably requested; and

Appears in 1 contract

Samples: Unsecured Revolving Credit Agreement (Equity Inns Inc)

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FINANCIAL AND RELATED INFORMATION. The following information: (i) A certificate, signed by an officer of the general partners General Partner on behalf of each entity comprising the Borrower, stating that on the Agreement Effective Execution Date no Default or Event of Default has occurred and is continuing and that all representations and warranties of the Borrower contained herein are true and correct in all material respects as of the Agreement Effective Execution Date as and to the extent set forth herein; (ii) The most recent financial statements of the Consolidated Group and a certificate from a Qualified the Chief Financial Officer of Equity Inns Bradxxx Xxxl Estate, Inc. that no change in the Consolidated Group’s 's financial condition that would have a Material Adverse Effect has occurred since December 31, 2005the most recent annual financial statements delivered to the Administrative Agent prior to the Agreement Execution Date; (iii) A compliance certificate in the form attached hereto as Exhibit I calculating the applicable status of Borrower’s financial covenants hereunder as of the Agreement Effective Date. (iv) Written money transfer instructions, in substantially the form of Exhibit H F hereto, addressed to the Administrative Agent and signed by a Qualified Officerthe Borrower, together with such other related money transfer authorizations as the Administrative Agent may have reasonably requested; and (iv) Evidence of sufficient Unencumbered Assets to assist the Administrative Agent in determining the Borrower's compliance with Article IX hereof.

Appears in 1 contract

Samples: Unsecured Revolving Credit Agreement (Bradley Real Estate Inc)

FINANCIAL AND RELATED INFORMATION. The following information: (i) A certificate, signed by an officer of the general partners of each entity comprising the Borrower, stating that on the Agreement Effective Date no Default or Event of Default has occurred and is continuing and that all representations and warranties of the Borrower contained herein are true and correct in all material respects as of the Agreement Effective Date as and to the extent set forth herein; (ii) The most recent financial statements of the Consolidated Group and a certificate from a Qualified Officer of Equity Inns that no change in the Consolidated Group’s 's financial condition that would have a Material Adverse Effect has occurred since December 31June 30, 20052000; (iii) A compliance certificate in the form attached hereto as Exhibit I calculating the applicable status of Borrower’s 's financial covenants hereunder as of the Agreement Effective Date.; (iv) Written money transfer instructions, in substantially the form of Exhibit H hereto, addressed to the Administrative Agent and signed by a Qualified Officer, together with such other related money transfer authorizations as the Administrative Agent may have reasonably requested; and

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (Equity Inns Inc)

FINANCIAL AND RELATED INFORMATION. The following information: (i) A certificate, signed by an officer of the general partners of each entity comprising the Borrower, stating that on the Agreement Effective Date no Default or Event of Default has occurred and is continuing and that all representations and warranties of the Borrower contained herein are true and correct in all material respects as of the Agreement Effective Date as and to the extent set forth herein; (ii) The most recent financial statements of the Consolidated Group and a certificate from a Qualified Officer of Equity Inns that no change in the Consolidated Group’s 's financial condition that would have a Material Adverse Effect has occurred since December 31, 20052004; (iii) A compliance certificate in the form attached hereto as Exhibit I calculating the applicable status of Borrower’s 's financial covenants hereunder as of the Agreement Effective Date.; (iv) Written money transfer instructions, in substantially the form of Exhibit H hereto, addressed to the Administrative Agent and signed by a Qualified Officer, together with such other related money transfer authorizations as the Administrative Agent may have reasonably requested; and

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (Equity Inns Inc)

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FINANCIAL AND RELATED INFORMATION. The following information: (i) A certificate, signed by an officer of the general partners of each entity comprising the Borrower, stating that on the Agreement Effective Date no Default or Event of Default has occurred and is continuing and that all representations and warranties of the Borrower contained herein are true and correct in all material respects as of the Agreement Effective Date as and to the extent set forth herein; (ii) The most recent financial statements of the Consolidated Group and a certificate from a Qualified Officer of Equity Inns that no change in the Consolidated Group’s 's financial condition that would have a Material Adverse Effect has occurred since December 31, 20052002; (iii) A compliance certificate in the form attached hereto as Exhibit I calculating the applicable status of Borrower’s 's financial covenants hereunder as of the Agreement Effective Date.; (iv) Written money transfer instructions, in substantially the form of Exhibit H hereto, addressed to the Administrative Agent and signed by a Qualified Officer, together with such other related money transfer authorizations as the Administrative Agent may have reasonably requested; and

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (Equity Inns Inc)

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