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 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 Company 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 Company 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 Budgets delivered to Purchaser, copies of which are annexed hereto as SCHEDULE 6.01 (the "Operating Budgets"), (ii) the number of subscribers on the Cellular System at the beginning and end of such month with a comparison to the Operating Budget of the Partnership, (iii) an accounts receivable aging report for the Cellular System and (iv) other reports generated by the Partnership's 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 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 normal recurring year-end adjustments, and will present fairly the financial position of the Company and the Partnership Seller at the date indicated and the results of each of the Company and the PartnershipSeller'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 each of the Company and the PartnershipSeller'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 Budgets operating budget delivered to Purchaser, copies a copy of which are is annexed hereto as SCHEDULE 6.01 9.01 (the "Operating BudgetsBudget"), (ii) the number of subscribers on the Cellular System at the beginning and end of such month with a comparison to the Operating Budget of the PartnershipBudget, (iii) an accounts receivable aging report for the Cellular System and (iv) other reports generated by the PartnershipSeller'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 Company and the PartnershipCompany'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 Company and the PartnershipCompany'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 Budgets Budget to be delivered to PurchaserPurchaser as soon as practicable following the date of this Agreement, copies but in no event later than March 31, 1998, a copy of which are will be annexed hereto as SCHEDULE 6.01 (the "Operating BudgetsBudget")), (ii) the number of subscribers on the Cellular System at the beginning and end of such month with a comparison to the Operating Budget of the PartnershipBudget, (iii) an accounts receivable aging report for the Cellular System and (iv) other reports generated by the PartnershipCompany'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 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 normal recurring year-end adjustments, and will present fairly the financial position of the Company and the Partnership each Seller at the date indicated and the results of each of the Company and the Partnershipsuch 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 each of the Company and the PartnershipSeller'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 Budgets Budget delivered to Purchaser, copies a copy of which are is annexed hereto as SCHEDULE 6.01 9.01 (the "Operating BudgetsBudget"), (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 of the PartnershipBudget, (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 Partnership's Sellers' billing system as reasonably requested by Purchaser.