Common use of Financial Statements and Reports; Filings Clause in Contracts

Financial Statements and Reports; Filings. (a) As promptly as practicable and in any event no later than ten (10) days after the end of each calendar month ending after the date hereof and before the Closing Date, or ninety (90) days after the end of each fiscal year ending after the date hereof and before the Closing Date, as the case may be, Seller will deliver, and Parent will cause Seller to deliver, to Purchaser true and complete copies of the unaudited balance sheet, and the related unaudited statement of operations, of Seller, as of and for the fiscal year then ended or as of and for the calendar month and the portion of the fiscal year then ended, as the case may be, together with the notes, if any, relating thereto, which financial statements shall be prepared on a basis consistent with the Seller Consolidating Statements. As promptly as practicable and in any event no later than 90 days after the end of each fiscal year ending after the date hereof and before the Closing Date, Parent shall also deliver to Purchaser true and complete copies of the audited consolidated balance sheets of Parent and the related audited consolidated statement of operations for each of the fiscal years then ended, together with a true and correct copy of the report on such audited information by Deloitte & Touche LLP, and all letters from such accountants with respect to the results of such audits, along with all unaudited consolidating statements supporting the aforementioned audited financial statements. In addition, Seller shall, and Parent shall cause Seller to, make Representatives of Seller's management reasonably available upon request of Purchaser to discuss Seller's operation of the Business.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Santa Fe Gaming Corp), Asset Purchase Agreement (Station Casinos Inc)

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Financial Statements and Reports; Filings. (a) As promptly as practicable and in any event no later than ten (10) days after the end of each calendar month ending after the date hereof and before the Closing Date, or ninety (90) days after the end of each fiscal year ending after the date hereof and before the Closing Date, as the case may be, Seller will deliver, and Parent will cause Seller to deliver, to Purchaser true and complete copies of the unaudited balance sheet, and the related unaudited statement of operations, of Seller, as of and for the fiscal year then ended or as of and for the calendar month and the portion of the fiscal year then ended, as the case may be, together with the notes, if any, relating thereto, which financial statements shall be prepared on a basis consistent with the Seller Consolidating Statements. As promptly as practicable and in any event no not later than 90 days after the end of each fiscal year ending after the date hereof and before the Closing Date, Parent shall also deliver to Purchaser true and complete copies of the (i) unaudited consolidated balance sheet of the Business derived from the audited consolidated balance sheets sheet of Parent and the (ii) related audited unaudited consolidated statement of operations for each such fiscal year then ended derived from the audited consolidated statement of the operations of Parent for each such fiscal years then endedyear, together with a true and correct complete copy of the report on such audited information by Deloitte & Touche LLPParent's independent public accountants, and all letters from such accountants with respect to the results of such audits, along with all Balance Sheets supporting such unaudited consolidating consolidated financial statements of the Business. As promptly as practicable and in any event not later than 45 days after the end of each of the first three quarters of each fiscal year ending after the date hereof and before the Closing Date, Parent shall deliver to Purchaser true and complete copies of the unaudited consolidated balance sheet of the Business and the related unaudited consolidated statement of operations of the Business as of and for such quarter, the portion of the fiscal year then ended and the 12-month period then ended, together with the notes, if any, relating thereto and Balance Sheets supporting such unaudited financial statements. Such audited and unaudited financial statements shall be prepared on a basis consistent with the aforementioned audited financial statementsstatements specified in Section 2.04(a). In addition, Seller Sellers shall, and Parent shall cause Seller Sellers to, make Representatives of Seller's Sellers' management reasonably available upon request of Purchaser to discuss Seller's Sellers' operation of the Business.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Majestic Investor Capital Corp)

Financial Statements and Reports; Filings. (a) As promptly as practicable and in any event no later than ten (10) days after the end of each calendar month ending after the date hereof and before the Closing Date, or ninety (90) days after the end of each fiscal year ending after the date hereof and before the Closing Date, as the case may be, Seller will deliver, and Parent will cause Seller to deliver, to Purchaser true and complete copies of the unaudited balance sheet, and the related unaudited statement of operations, of Seller, as of and for the fiscal year then ended or as of and for the calendar month and the portion of the fiscal year then ended, as the case may be, together with the notes, if any, relating thereto, which financial statements shall be prepared on a basis consistent with the Seller Consolidating Statements. As promptly as practicable and in any event no not later than 90 days after the end of each fiscal year ending after the date hereof and before the Closing Date, Parent shall also deliver to Purchaser true and complete copies of the (i) unaudited consolidated balance sheet of the Business derived from the audited consolidated balance sheets sheet of Parent and the (ii) related audited unaudited consolidated statement of operations for each such fiscal year then ended derived from the audited consolidated statement of the operations of Parent for each such fiscal years then endedyear, together with a true and correct complete copy of the report on such audited information by Deloitte & Touche LLPParent's independent public accountants, and all letters from such accountants with respect to the results of such audits, along with all Balance Sheets supporting such unaudited consolidating consolidated financial statements of the Business. As promptly as practicable and in any event not later than 45 days after the end of each of the first three quarters of each fiscal year ending after the date hereof and before the Closing Date, Parent shall deliver to Purchaser true and complete copies of the unaudited consolidated balance sheet of the Business and the related unaudited consolidated statement of operations of the Business as of and for such quarter, the portion of the fiscal year then ended and the 12-month period then ended, together with the notes, if any, relating thereto and Balance Sheets supporting such unaudited financial statements. Such audited and unaudited financial statements shall be prepared on a basis consistent with the aforementioned audited financial statementsstatements specified in Section 2.04(a). In addition, Seller Sellers shall, and Parent --------------- shall cause Seller Sellers to, make Representatives of Seller's Sellers' management reasonably available upon request of Purchaser to discuss Seller's Sellers' operation of the Business.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Majestic Star Casino LLC)

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Financial Statements and Reports; Filings. (a) As promptly as practicable and in any event no later than ten (10) days after the end of each calendar month ending after the date hereof and before the Closing Date, or ninety (90) days after the end of each fiscal year ending after the date hereof and before the Closing Date, as the case may be, Seller will deliver, and Parent will cause Seller to deliver, to Purchaser true and complete copies of the unaudited balance sheet, and the related unaudited statement of operations, of Seller, as of and for the fiscal year then ended or as of and for the calendar month and the portion of the fiscal year then ended, as the case may be, together with the notes, if any, relating thereto, which financial statements shall be prepared on a basis consistent with the Seller Consolidating Statements. As promptly as practicable and in any event no not later than 90 days after the end of each fiscal year ending after the date hereof and before the Closing Date, Parent shall also deliver to Purchaser true and complete copies of the (i) unaudited consolidated balance sheet of the Business derived from the audited consolidated balance sheets sheet of Parent and the (ii) related audited unaudited consolidated statement of operations for each such fiscal year then ended derived from the audited consolidated statement of the operations of Parent for each such fiscal years then endedyear, together with a true and correct complete copy of the report on such audited information by Deloitte & Touche LLPParent's independent public accountants, and all letters from such accountants with respect to the results of such audits, along with all Balance Sheets supporting such unaudited consolidating consolidated financial statements of the Business. As promptly as practicable and in any event not later than 45 days after the end of each of the first three quarters of each fiscal year ending after the date hereof and before the Closing Date, Parent shall deliver to Purchaser true and complete copies of the unaudited consolidated balance sheet of the Business and the related unaudited consolidated statement of operations of the Business as of and for such quarter, the portion of the fiscal year then ended and the 12-month period then ended, together with the notes, if any, relating thereto and Balance Sheets supporting such unaudited financial statements. Such audited and unaudited financial statements shall be prepared on a basis consistent with the aforementioned audited financial statementsstatements specified in SECTION 2.04(A). In addition, Seller Sellers shall, and Parent shall cause Seller Sellers to, make Representatives of Seller's Sellers' management reasonably available upon request of Purchaser to discuss Seller's Sellers' operation of the Business.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Fitzgeralds Gaming Corp)

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