Financial Reporting Obligations. In the event that Manager fails to comply with its financial reporting obligations or other obligations pursuant to Article 4 and Section 8.6 of any NSA Asset Management Agreement, or with any similar obligations pursuant to any other asset or property management agreement with respect to any of the Deferred Management Properties, the Operating Partnership, on behalf of Owner, shall have the right, in its sole and absolute discretion, to take any and all remedial actions, or to direct Manager to take any and all remedial actions, as the Operating Partnership deems appropriate, which action or direction may be taken or given on a Property-by-Property basis, and in all cases at the sole expense of Manager. Manager shall promptly and in good faith take all such actions as directed by the Operating Partnership.
Financial Reporting Obligations. The Shareholders shall cause the Company to deliver to each of the Shareholders (and shall allow the Company to hire adequate personnel for such tasks) (i) as soon as available, but in any event not later than 60 days after the end of each fiscal year of the Company, a copy of the consolidated balance sheet of the Company as at the end of such year and the related unaudited consolidated statements of net income and retained earnings and of cash flows of the Company for such year setting forth in each case in comparative form the figures for the previous year, (ii) as soon as available, but in any event not later than 90 days after the end of the fiscal year of the Company, its financial statements referred to in clause (i), reported on by independent certified public accountants of internationally recognized standing, (iii) as soon as available, but in any event not later than 30 days after the end of each of the first three quarterly periods of each fiscal year of the Company, the unaudited consolidated balance sheet of the Company as at the end of such quarter and the related unaudited consolidated statements of net income and retained earnings and of cash flows of the Company for such quarter and the portion of the fiscal year through the end of such quarter, setting forth in each case in comparative form the figures for the previous year, certified by the Chief Financial Officer or equivalent director or employee of the Company as being fairly stated in all material respects (subject to normal year-end audit adjustments) and (iv) as soon as available, but in any event not later than 30 days after the end of each month of each fiscal year of the Company, the unaudited consolidated balance sheet of the Company as at the end of such month and the related unaudited consolidated statements of net income and retained earnings and of cash flows of the Company for such month certified by the Chief Financial Officer or equivalent director or employee of the Company as being fairly stated in all material respects (subject to normal year-end audit adjustments). All such financial statements shall be prepared in reasonable detail and in accordance with Korean GAAP applied consistently throughout the periods reflected therein and with prior periods (except as any inconsistent application of Korean GAAP is approved by such accountants or officer, as the case may be, and disclosed therein). The Company shall also prepare such financial statements in accordance with U...
Financial Reporting Obligations. 12 Section 9.4
Financial Reporting Obligations. The Chapter agrees to comply with financial reporting obligations in a timely manner, in a form acceptable to the WMF Executive Director, with accurate and complete reports or documentation, including:
Financial Reporting Obligations. Administrator shall assume the reporting and accounting obligations set forth in this Section 8.1.
Financial Reporting Obligations. Between the date of this Agreement and the Closing Date, Company will furnish to Buyer as soon as practicable at the end of each fiscal month, but in no event later than forty-five (45) days after the end of each fiscal month, unaudited consolidated balance sheets of Company as of the end of such month, and unaudited consolidated statements of income and cash flow of Company for each such month, all of which shall be prepared in a manner consistent with the preparation of the financial statements referenced in Section 3.1(e) hereof, with such statements accompanied by a brief narrative description of Company’s business activities and financial results during said month prepared by its Chief Financial Officer. On the Closing Date, the Company shall have in cash or cash equivalents an amount at least equal to $87,500,000 less the Company’s expenses (not to exceed $9 million) in connection with the Contemplated Transactions, and such amount shall be certified by the Chief Executive Officer and the Chief Financial Officer.
Financial Reporting Obligations. NICO shall report and account to Reinsureds as set forth in this Section 8.2.
Financial Reporting Obligations. 15 Section 10.4. Conduct of Business........................... 16
Financial Reporting Obligations. FMAC shall cause the ------------------------------- full amount of the financial charges and expense relating to restricted stock awards, bonus stock awards and other stock awards, if any, to be recorded on its financial books and records and financial statements for financial reporting purposes under GAAP on a pre-acquisition basis prior to the Closing Date.
