Common use of Financial Statements and Projections Clause in Contracts

Financial Statements and Projections. The Lenders shall have received (i) audited consolidated financial statements of the Company for the 2016, 2017 and 2018 fiscal years, (ii) unaudited interim consolidated financial statements of the Company for each fiscal quarter ended after the date of the latest applicable financial statements delivered pursuant to clause (i) of this paragraph as to which such financial statements are available, and such financial statements shall not, in the reasonable judgment of the Administrative Agent, reflect any material adverse change in the consolidated financial condition of the Company, as reflected in the audited, consolidated financial statements described in clause (i) of this paragraph and (iii) satisfactory projections through March 31, 2023.

Financial Statements and Projections. The Lenders shall have received (i) audited consolidated financial statements of the Company for the 2016, 2017 its 2018 and 2018 2019 fiscal years, (ii) unaudited interim consolidated financial statements of the Company for each fiscal month and quarter ended after the date of the latest applicable financial statements delivered pursuant to clause (i) of this paragraph as to which such financial statements are available, and such financial statements shall not, in the reasonable judgment of the Administrative Agent, reflect any material adverse change in the consolidated financial condition of the Company, as reflected in the audited, consolidated financial statements described in clause (i) of this paragraph paragraph, and (iii) satisfactory projections of the Company’s income statement, balance sheet and cash flows (A) on a monthly basis through March December 31, 2021, and (B) on an annual basis through December 31, 2023.

Financial Statements and Projections. The Lenders shall have received (i) audited consolidated financial statements of the Company for the 2016, 2017 and 2018 fiscal years2014 Fiscal Year, (ii) unaudited interim consolidated financial statements of the Company for each fiscal quarter Fiscal Month ended after the date of the latest applicable financial statements delivered pursuant to clause (i) of this paragraph as to which such financial statements are available, and such financial statements shall not, in the reasonable judgment of the Administrative Agent, reflect any material adverse change in the consolidated financial condition of the Company, as reflected in the audited, consolidated financial statements described in clause (i) of this paragraph and (iii) projections satisfactory projections through March 31, 2023to the Administrative Agent and the Lenders.

Financial Statements and Projections. The Lenders shall have received (i) audited consolidated financial statements of the Company for the 2016, 2017 2013 and 2018 2014 fiscal years, (ii) unaudited interim consolidated consolidating financial statements of the Company for the 2014 fiscal year, (iii) unaudited interim consolidated and consolidating financial statements for each fiscal quarter ended after the date of the latest applicable financial statements delivered pursuant to clause (i) of this paragraph as to which such financial statements are availableCompany, for the fiscal quarters ended March 31, 2015 and June 30, 2015, and such financial statements shall not, in the reasonable judgment of the Administrative Agent, reflect any material adverse change in the consolidated financial condition of the CompanyLoan Parties, as reflected in the audited, consolidated financial statements described in clause (i) of this paragraph and (iiiiv) satisfactory projections Projections through March August 31, 20232019.

Financial Statements and Projections. The Lenders shall have received (i) audited consolidated financial statements of the Company Borrower for the 2016December 31, 2018 and 2017 and 2018 fiscal years, (ii) unaudited interim consolidated financial statements of the Company Borrower for each fiscal quarter ended after the date of the latest applicable financial statements delivered pursuant to clause (i) of this paragraph as to which such financial statements are available, and such financial statements shall not, in the reasonable judgment of the Administrative Agent, reflect any material adverse change in the consolidated financial condition of the CompanyBorrower, as reflected in the audited, consolidated financial statements described in clause (i) of this paragraph and (iii) reasonably satisfactory projections Projections through March 31, 2023.

Financial Statements and Projections. The Lenders shall have received (i) audited consolidated financial statements of the Company for the 2016fiscal year ended January 31, 2017 and 2018 fiscal years2015, (ii) unaudited interim consolidated financial statements of the Company for each fiscal quarter ended after the date of the latest applicable financial statements delivered pursuant to clause (i) of this paragraph as to which such financial statements are available, and such financial statements shall not, in the reasonable judgment of the Administrative Agent, reflect any material adverse change in the consolidated financial condition of the CompanyCompany and its Subsidiaries, as reflected in the audited, audited consolidated financial statements described in clause (i) of this paragraph and paragraph, (iii) satisfactory projections the Company’s most recent projected income statement, balance sheet and cash flows through March the end of the Company’s fiscal year ending January 2020, and (iv) the projected Borrowing Base on a quarterly basis through January 31, 20232016.

Financial Statements and Projections. The Lenders shall have received (i) audited consolidated financial statements of the Company for the 2016, 2017 and 2018 2011 fiscal yearsyear, (ii) unaudited interim consolidated financial statements of the Company for each fiscal month and quarter ended after the date of the latest applicable financial statements delivered pursuant to clause (i) of this paragraph as to which such financial statements are available, and such financial statements shall not, in the reasonable judgment of the Administrative Agent, reflect any material adverse change in the consolidated financial condition of the Company, as reflected in the audited, consolidated financial statements described in clause (i) of this paragraph and (iii) satisfactory projections through March 31, 20232012.

Financial Statements and Projections. The Lenders shall have received (i) audited consolidated financial statements of the Company for the 2016, 2017 2009 and 2018 2010 fiscal years, (ii) unaudited interim consolidated financial statements of the Company for each fiscal quarter ended after the date of the latest applicable financial statements delivered pursuant to clause (i) of this paragraph as to which such financial statements are available, and such financial statements shall not, in the reasonable judgment of the Administrative Agent, reflect any material adverse change in the consolidated financial condition of the Company, as reflected in the audited, consolidated financial statements described in clause (i) of this paragraph and (iii) satisfactory projections through March 31, 20232012.

Financial Statements and Projections. The Lenders shall have received (i) audited consolidated financial statements of the Company for the 2016, 2016 and 2017 and 2018 fiscal years, (ii) unaudited interim consolidated financial statements of the Company for each fiscal month and quarter ended after the date of the latest applicable financial statements delivered pursuant to clause (i) of this paragraph as to which such financial statements are available, and such financial statements shall not, in the reasonable judgment of the Administrative Agent, reflect any material adverse change in the consolidated financial condition of the CompanyCompany and its Subsidiaries, as reflected in the audited, consolidated financial statements described in clause (i) of this paragraph and (iii) satisfactory projections through March 31, 2023fiscal year 2019.

Financial Statements and Projections. The Lenders shall have received (i) audited consolidated financial statements of the Company for the 2016, 2017 and 2018 fiscal years, (ii) unaudited interim consolidated financial statements of the Company for each fiscal month and quarter ended after the date of the latest applicable financial statements delivered pursuant to clause (i) of this paragraph as to which such financial statements are available, and such financial statements shall not, in the reasonable judgment of the Administrative Agent, reflect any material adverse change in the consolidated financial condition of the CompanyCompany and its Subsidiaries, as reflected in the audited, consolidated financial statements described in clause (i) of this paragraph and (iii) satisfactory projections through March 31, fiscal year 2023.

Financial Statements and Projections. The Lenders Lender shall have received (i) audited consolidated financial statements of the Company for the 2016, 2017 2015 and 2018 2016 fiscal years, (ii) unaudited interim consolidated financial statements of the Company for each fiscal quarter ended after the date of the latest applicable financial statements delivered pursuant to clause (i) of this paragraph as to which such financial statements are available, and such financial statements shall not, in the reasonable judgment of the Administrative AgentLender, reflect any material adverse change in the consolidated financial condition of the CompanyLoan Parties, as reflected in the audited, consolidated financial statements described in clause (i) of this paragraph paragraph, and (iii) satisfactory projections Projections through March 31, 2023.2019. 50

Financial Statements and Projections. The Lenders shall have received (i) audited consolidated financial statements of the Company for the 2016fiscal years ended January 31, 2017 2008, 2009, 2010 and 2018 fiscal years2011, (ii) unaudited interim consolidated financial statements of the Company for each fiscal month and quarter ended after the date of the latest applicable financial statements delivered pursuant to clause (i) of this paragraph as to which such financial statements are available, and such financial statements shall not, in the reasonable judgment of the Administrative Agent, reflect any material adverse change in the consolidated financial condition of the Company, as reflected in the audited, consolidated financial statements described in clause (i) of this paragraph and (iii) satisfactory projections prepared on (x) a quarterly basis through March January 31, 20232013 and (y) an annual basis through January 31, 2017, in each case in form and substance reasonably satisfactory to the Administrative Agent.

Financial Statements and Projections. The Lenders shall have received (i) audited consolidated financial statements of the Company for the 2016, 2017 and 2018 2011 fiscal yearsyear, (ii) unaudited interim consolidated financial statements of the Company for each fiscal month and quarter ended after the date of the latest applicable financial statements delivered pursuant to clause (i) of this paragraph as to which such financial statements are available, and such financial statements shall not, in the reasonable judgment of the Administrative Agent, reflect any material adverse change in the consolidated financial condition of the CompanyCompany and its Subsidiaries, taken as a whole, as reflected in the audited, consolidated financial statements described in clause (i) of this paragraph and (iii) satisfactory projections through March 31, 20232012.

Financial Statements and Projections. The Lenders shall have received (i) audited consolidated financial statements of the Company for the 2016, 2017 and 2018 2012 fiscal yearsyear, (ii) unaudited interim consolidated financial statements of the Company for each fiscal quarter ended after the date of the latest applicable financial statements delivered pursuant to clause (i) of this paragraph as to which such financial statements are available, and such financial statements shall not, in the reasonable judgment of the Administrative Agent, reflect any material adverse change in the consolidated financial condition of the CompanyCompany and its Subsidiaries, as reflected in the audited, consolidated financial statements described in clause (i) of this paragraph and (iii) satisfactory projections through March 31, 2023and including the Company’s 2014 fiscal year.

Financial Statements and Projections. The Lenders shall have received (i) audited consolidated financial statements of the Company for the 20162021 fiscal year, 2017 and 2018 fiscal years, (ii) unaudited interim consolidated financial statements of the Company for each fiscal month and quarter ended after the date of the latest applicable financial statements delivered pursuant to clause (i) of this paragraph as to which such financial statements are available, and such financial statements shall not, in the reasonable judgment of the Administrative Agent, reflect any material adverse change in the consolidated financial condition of the Company, as reflected in the audited, consolidated financial statements described in clause (i) of this paragraph and (iii) satisfactory projections through March 31, 2023paragraph.

Financial Statements and Projections. The Lenders Lender shall have received (i) audited consolidated financial statements of the Company Borrower for the 2016, 2017 2015 and 2018 2016 fiscal years, (ii) unaudited interim consolidated financial statements of the Company Borrower for each fiscal quarter ended after the date of the latest applicable financial statements delivered pursuant to clause (i) of this paragraph as to which such financial statements are available, and such financial statements shall not, in the reasonable judgment of the Administrative AgentLender, reflect any material adverse change in the consolidated financial condition of the CompanyBorrower, as reflected in the audited, consolidated financial statements described in clause (i) of this paragraph and (iii) satisfactory projections Projections through March 31June 30, 20232018.

Financial Statements and Projections. The Lenders shall have received (i) audited consolidated financial statements of the Company Holdings for the 2016December 31, 2017 and 2018 2013 fiscal yearsyear, (ii) unaudited interim consolidated financial statements of the Company Holdings for each fiscal month and quarter ended after the date of the latest applicable financial statements delivered pursuant to clause (i) of this paragraph as to which such financial statements are available, and such financial statements shall not, in the reasonable judgment of the Administrative Agent, reflect any material adverse change in the consolidated financial condition of the CompanyHoldings, as reflected in the audited, consolidated financial statements described in clause (i) of this paragraph and (iii) satisfactory projections through March 31, 20232015.

Financial Statements and Projections. The Lenders shall have received (i) audited consolidated financial statements of the Company Holdings for the 2016, 2017 and 2018 2010 fiscal yearsyear, (ii) unaudited interim consolidated financial statements of the Company Holdings for each fiscal month and quarter ended after the date of the latest applicable financial statements delivered pursuant to clause (i) of this paragraph as to which such financial statements are available, and such financial statements shall not, in the reasonable judgment of the Administrative Agent, reflect any material adverse change in the consolidated financial condition of the CompanyHoldings, as reflected in the audited, consolidated financial statements described in delivered pursuant to clause (i) of this paragraph and (iii) satisfactory projections through March 31, 20232014.

Financial Statements and Projections. The Lenders shall have received (i) audited consolidated financial statements of the Company Holdings for the 2016, 2017 and 2018 fiscal yearsyear, (ii) unaudited interim consolidated financial statements of the Company Holdings for each fiscal quarter ended after the date of the latest applicable financial statements delivered pursuant to clause (i) of this paragraph as to which such financial statements are available, and such financial statements shall not, in the reasonable judgment of the Administrative Agent, reflect any material adverse change in the consolidated financial condition of the CompanyHoldings, as reflected in the audited, consolidated financial statements described in delivered pursuant to clause (i) of this paragraph paragraph, and (iii) satisfactory projections through March 31, 20232021.

Financial Statements and Projections. The Lenders shall have received (i) audited consolidated financial statements of the Company Holdings for the 2016, 2017 and 2018 fiscal years, (ii) unaudited interim consolidated financial statements of the Company Holdings for each fiscal quarter ended after the date of the latest applicable financial statements delivered pursuant to clause (i) of this paragraph as to which such financial statements are available, and such financial statements shall not, in the reasonable judgment of the Administrative Agent, reflect any material adverse change in the consolidated financial condition of the CompanyHoldings, as reflected in the audited, consolidated financial statements described in clause (i) of this paragraph and (iii) satisfactory projections through March 31, 20232019.

Financial Statements and Projections. The Lenders shall have received satisfactory (i) audited consolidated financial statements of the Company and its consolidated Subsidiaries for the 2016fiscal years ending March 31, 2017 2013 and 2018 fiscal yearsXxxxx 00, 0000, (iixx) unaudited interim consolidated financial statements of the Company for each fiscal quarter ended after the date of the latest applicable financial statements delivered pursuant to clause (i) of this paragraph as and more than 45 days prior to which such financial statements are availablethe date hereof, and such financial statements shall not, in the reasonable judgment of the Administrative Agent, reflect any material adverse change in the consolidated financial condition of the Company, as reflected in the audited, consolidated financial statements described in clause (i) of this paragraph and (iii) satisfactory projections through projected balance sheet, income statement and cash flow statement of the Company for the period beginning April 1, 2015 and ending March 31, 20232020.