Common use of Financial Statements; Financial Condition; Undisclosed Liabilities Clause in Contracts

Financial Statements; Financial Condition; Undisclosed Liabilities. (a) (i) The audited consolidated balance sheets of the Borrower as at December 31, 2006, December 31, 2007 and December 31, 2008 and the unaudited consolidated balance sheets of the Borrower as at June 30, 2009 and the related consolidated statements of operations and of cash flows for the fiscal years or quarters, as the case may be, ended on such dates, reported on by and accompanied by, in the case of the annual financial statements, an unqualified report from PricewaterhouseCoopers LLP, present fairly in all material respects the consolidated financial condition of the Borrower as at such date, and the consolidated results of its operations and its consolidated cash flows for the respective fiscal years or quarters, as the case may be, then ended. All such financial statements, including the related schedules and notes thereto, have been prepared in accordance with GAAP applied consistently throughout the periods involved (except as approved by the aforementioned firm of accountants and disclosed therein).

Appears in 2 contracts

Samples: Credit Agreement (NCL CORP Ltd.), Credit Agreement (NCL CORP Ltd.)

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Financial Statements; Financial Condition; Undisclosed Liabilities. (a) (i) The audited consolidated balance sheets of the Borrower as at December 31, 2006, December 31, 2007 and December 31, 2008 2004 and the unaudited consolidated balance sheets of the Borrower as at June 30March 31, 2009 2005 and the related consolidated statements of operations and of cash flows for the fiscal years period or quartersquarter, as the case may be, ended on such dates, reported on by and accompanied by, in the case of the annual December 31, 2004 financial statements, an unqualified report from PricewaterhouseCoopers Deloitte & Touche LLP, present fairly in all material respects the consolidated financial condition of the Borrower as at such datedates, and the consolidated results of its operations and its consolidated cash flows for the respective fiscal years period or quartersquarter, as the case may be, then ended. All such financial statements, including the related schedules and notes thereto, have been prepared in accordance with GAAP applied consistently throughout the periods involved (except as approved by the aforementioned firm of accountants and disclosed therein).

Appears in 1 contract

Samples: Credit Agreement (Genco Shipping & Trading LTD)

Financial Statements; Financial Condition; Undisclosed Liabilities. (a) (i) The audited consolidated balance sheets of the Borrower as at December 31, 20062007, December 31, 2007 and December 31, 2008 and the unaudited consolidated balance sheets of the Borrower as at June 30, 2009 2008, and the related consolidated statements of operations and of cash flows for the fiscal years period or quartersquarter, as the case may be, ended on such dates, reported on by and accompanied by, in the case of the annual December 31, 2007, financial statements, an unqualified report from PricewaterhouseCoopers Deloitte & Touche LLP, present fairly in all material respects the consolidated financial condition of the Borrower as at such datedates, and the consolidated results of its operations and its consolidated cash flows for the respective fiscal years period or quartersquarter, as the case may be, then ended. All such financial statements, including the related schedules and notes thereto, have been prepared in accordance with GAAP applied consistently throughout the periods involved (except as approved by the aforementioned firm of accountants and disclosed therein).

Appears in 1 contract

Samples: Pledge and Security Agreement (Genco Shipping & Trading LTD)

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Financial Statements; Financial Condition; Undisclosed Liabilities. (a) (i) The audited consolidated balance sheets of the Borrower as at December 31, 2006, December 31, 2007 and December 31, 2008 2006 and the unaudited consolidated balance sheets of the Borrower as at June 30March 31, 2009 2007 and the related consolidated statements of operations and of cash flows for the fiscal years period or quartersquarter, as the case may be, ended on such dates, reported on by and accompanied by, in the case of the annual December 31, 2006 financial statements, an unqualified report from PricewaterhouseCoopers Deloitte & Touche LLP, present fairly in all material respects the consolidated financial condition of the Borrower as at such datedates, and the consolidated results of its operations and its consolidated cash flows for the respective fiscal years period or quartersquarter, as the case may be, then ended. All such financial statements, including the related schedules and notes thereto, have been prepared in accordance with GAAP applied consistently throughout the periods involved (except as approved by the aforementioned firm of accountants and disclosed therein).

Appears in 1 contract

Samples: Pledge and Security Agreement (Genco Shipping & Trading LTD)

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