Common use of Financial Statements and Borrowing Base Certificate Clause in Contracts

Financial Statements and Borrowing Base Certificate. (a) The Company has delivered to the Agent (for distribution to the Lenders) the audited consolidated balance sheet of the Consolidated Parties as of December 31, 2018, and the related consolidated statements of operations, shareholders’ equity and cash flows, accompanied by the report thereon of the Company’s independent certified public accountants, PricewaterhouseCoopers LLP. All such audited financial statements, including the schedules and notes thereto, have been prepared in accordance with GAAP in all material respects and present fairly, in all material respects, the Consolidated Parties’ financial position as at the dates thereof and their results of operations for the periods then ended. (b) The latest Borrowing Base Certificate furnished to the Agent presents accurately and fairly in all material respects each Borrowing Base and the calculation thereof as at the date thereof.

Financial Statements and Borrowing Base Certificate. (a) The Company Holdings has delivered to the Agent (for distribution to the Lenders) the audited consolidated balance sheet of the Consolidated Parties as of December 31, 2018, and the related consolidated statements of operations, shareholders’ equity and cash flows, accompanied by the report thereon of the Company’s Holdings’ independent certified public accountants, PricewaterhouseCoopers Ernst & Young LLP. All such audited financial statements, including the schedules and notes thereto, have been prepared in accordance with GAAP in all material respects and present fairly, in all material respects, the Consolidated Parties’ financial position as at the dates thereof and their results of operations for the periods then ended. (b) The latest Borrowing Base Certificate furnished to the Agent presents accurately and fairly in all material respects each Borrowing Base and the calculation thereof as at the date thereof.

Financial Statements and Borrowing Base Certificate. (a) The Company Holdings has delivered to the Agent (for distribution to the Lenders) the audited consolidated balance sheet of the Consolidated Parties as of December 31, 20182014, and the related consolidated statements of operations, shareholders’ equity and cash flows, accompanied by the report thereon of the Company’s Holdings’ independent certified public accountants, PricewaterhouseCoopers Ernst & Young LLP. All such audited financial statements, including the schedules and notes thereto, have been prepared in accordance with GAAP in all material respects and present fairly, in all material respects, the Consolidated Parties’ financial position as at the dates thereof and their results of operations for the periods then ended. (b) The latest Borrowing Base Certificate furnished to the Agent presents accurately and fairly in all material respects each Borrowing Base and the calculation thereof as at the date thereof.