Common use of FINANCIAL STATEMENTS AND CELLULAR SYSTEM INFORMATION Clause in Contracts

FINANCIAL STATEMENTS AND CELLULAR SYSTEM INFORMATION. The Sellers and the Company covenant and agree that during the period after the execution of this Agreement and prior to the Closing, they shall provide Purchaser, within 21 days of the end of each calendar month, the unaudited balance sheet and income statement for such month for the Company ("Interim Financial Statements"). The Interim Financial Statements will be true and correct in all material respects, will be prepared using the same accounting methods and procedures as used in the preparation of the Historical Financial Statements except for the absence of footnotes, subject to normally recurring year-end adjustments, and will present fairly the financial position of the Company at the date indicated and the results of the Company's operations for such period. The Sellers and the Company also shall provide Purchaser within 21 days of the end of each calendar month (i) a comparison of the results of the Company's income from operations for such month as reflected in the Interim Financial Statements to the amount budgeted for such month and the year to date (as reflected in the Budget to be delivered to Purchaser as soon as practicable following the date of this Agreement, but in no event later than March 31, 1998, a copy of which will be annexed hereto as SCHEDULE 6.01 (the "Operating Budget")), (ii) the number of subscribers on the Cellular System at the beginning and end of such month with a comparison to the Operating Budget, (iii) an accounts receivable aging report for the Cellular System and (iv) other reports generated by the Company's billing system as reasonably requested by Purchaser.

FINANCIAL STATEMENTS AND CELLULAR SYSTEM INFORMATION. The Sellers and the Company covenant and agree that during the period after the execution of this Agreement and prior to the Closing, they Sellers shall provide Purchaser, within 21 days of the end of each calendar month, the each Seller's unaudited balance sheet and income statement for such month for the Company ("Interim Financial Statements"). The Interim Financial Statements will be true and correct in all material respects, will be prepared using the same accounting methods and procedures as used in the preparation of the Historical Financial Statements except for the absence of footnotes, subject to normally normal recurring year-end adjustments, and will present fairly the financial position of the Company each Seller at the date indicated and the results of the Companysuch Seller's operations for such period. The Sellers and the Company also shall provide Purchaser within 21 days of the end of each calendar month (i) a comparison of the results of the Companyeach Seller's income from operations for such month as reflected in the Interim Financial Statements to the amount budgeted for such month and the year to date (as reflected in the Budget to be delivered to Purchaser as soon as practicable following the date of this Agreement, but in no event later than March 31, 1998Purchaser, a copy of which will be is annexed hereto as SCHEDULE 6.01 9.01 (the "Operating Budget")), (ii) the number of subscribers on the each Cellular System at the beginning and end of such month with a comparison to the Operating Budget, (iii) an accounts receivable aging report for each Cellular System, (iv) a description of the Cellular amount and purpose of the System Capex for such month with a comparison to the Budget and (ivv) other reports generated by the Company's Sellers' billing system as reasonably requested by Purchaser.

FINANCIAL STATEMENTS AND CELLULAR SYSTEM INFORMATION. The Sellers Seller covenants and the Company covenant and agree agrees that during the period after the execution of this Agreement and prior to the Closing, they Seller shall provide Purchaser, within 21 twenty-one (21) days of the end of each calendar month, the Seller's unaudited balance sheet and income statement for such month for the Company ("Interim Financial Statements"). The Interim Financial Statements will be true and correct in all material respects, will be prepared using the same accounting methods and procedures as used in the preparation of the Historical Financial Statements except for the absence of footnotes, subject to normally normal recurring year-end adjustments, and will present fairly the financial position of the Company Seller at the date indicated and the results of the CompanySeller's operations for such period. The Sellers and the Company Seller also shall provide Purchaser within 21 twenty-one (21) days of the end of each calendar month (i) a comparison of the results of the CompanySeller's income from operations for such month as reflected in the Interim Financial Statements to the amount budgeted for such month and the year to date (as reflected in the Budget to be operating budget delivered to Purchaser as soon as practicable following the date of this Agreement, but in no event later than March 31, 1998Purchaser, a copy of which will be is annexed hereto as SCHEDULE 6.01 9.01 (the "Operating Budget")), (ii) the number of subscribers on the Cellular System at the beginning and end of such month with a comparison to the Operating Budget, (iii) an accounts receivable aging report for the Cellular System and (iv) other reports generated by the CompanySeller's billing system as reasonably requested by Purchaser.

FINANCIAL STATEMENTS AND CELLULAR SYSTEM INFORMATION. The Sellers and the Company covenant and agree that during the period after the execution of this Agreement and prior to the Closing, they shall provide Purchaser, within 21 days of the end of each calendar month, the unaudited balance sheet and income statement for such month for each of the Company and the Partnership ("Interim Financial Statements"). The Interim Financial Statements will be true and correct in all material respects, will be prepared using the same accounting methods and procedures as used in the preparation of the Historical Financial Statements except for the absence of footnotes, subject to normally recurring year-end adjustments, and will present fairly the financial position of the Company and the Partnership at the date indicated and the results of each of the CompanyCompany and the Partnership's operations for such period. The Sellers and the Company also shall provide Purchaser within 21 days of the end of each calendar month (i) a comparison of the results of each of the CompanyCompany and the Partnership's income from operations for such month as reflected in the Interim Financial Statements to the amount budgeted for such month and the year to date (as reflected in the Budget to be Budgets delivered to Purchaser as soon as practicable following the date of this AgreementPurchaser, but in no event later than March 31, 1998, a copy copies of which will be are annexed hereto as SCHEDULE 6.01 (the "Operating BudgetBudgets")), (ii) the number of subscribers on the Cellular System at the beginning and end of such month with a comparison to the Operating BudgetBudget of the Partnership, (iii) an accounts receivable aging report for the Cellular System and (iv) other reports generated by the CompanyPartnership's billing system as reasonably requested by Purchaser.