Common use of Financial Statements; Projections and Forecasts Clause in Contracts

Financial Statements; Projections and Forecasts. Each of the financial statements to be delivered to Administrative Agent pursuant to Sections 5.1(b) and (c) (i) has been, or will be, as applicable, prepared in accordance with the books and records of the REIT and the Consolidated Entities on a consolidated basis, and (ii) either fairly present in all material respects, or will fairly present in all material respects, as applicable, the financial condition of the REIT and the Consolidated Entities on a consolidated basis, at the dates thereof (and, if applicable, subject to normal year-end adjustments) and the results of its operations and cash flows, on a consolidated basis, for the period then ended. Each of the projections delivered to Administrative Agent prior to the date hereof and each of the projected consolidated cash flows to be delivered to Administrative Agent pursuant to Section 5.1(e), (A) has been, or will be, as applicable, prepared by the REIT in light of the past business and performance of the REIT or its predecessors in interest on a consolidated basis and (B) represent, or will represent, as of the date thereof, the reasonable good faith estimates of the REIT's financial personnel as of their respective dates.

Appears in 2 contracts

Samples: Credit Agreement (Arden Realty Inc), Revolving Credit Agreement (Arden Realty Inc)

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Financial Statements; Projections and Forecasts. Each of the financial statements to be delivered to Administrative Agent pursuant to Sections 5.1(bSECTION 6.1(b) and (c) (i) has been, or will be, as applicable, prepared in accordance with the books and records of the REIT and the Consolidated Entities on a consolidated basis, and (ii) either fairly present in all material respects, or will fairly present in all material respects, as applicable, the financial condition of the REIT and the Consolidated Entities on a consolidated basis, at the dates thereof (and, if applicable, subject to normal year-end adjustments) and the results of its operations and cash flows, on a consolidated basis, for the period then ended. Each of the projections delivered to Administrative Agent prior to the date hereof and each of the financial plans and projected consolidated cash flows to be delivered to Administrative Agent pursuant to Section 5.1(eSECTION 6.1(e), (A) has been, or will be, as applicable, prepared by the REIT in light of the past business and performance of the REIT or its predecessors in interest on a consolidated basis and (B) represent, or will represent, as of the date thereof, the reasonable good faith estimates of the REIT's financial personnel as of their respective dates.

Appears in 1 contract

Samples: Credit Agreement (Arden Realty Inc)

Financial Statements; Projections and Forecasts. Each of the financial statements to be delivered to Administrative Agent pursuant to Sections 5.1(b) and (c) (i) has been, or will be, as applicable, prepared in accordance with the books and records of the REIT Borrower and the Consolidated Entities on a consolidated basis, and (ii) either fairly present in all material respects, or will fairly present in all material respects, as applicable, the financial condition of the REIT Borrower and the Consolidated Entities on a consolidated basis, at the dates thereof (and, if applicable, subject to normal year-end adjustments) and the results of its operations and cash flows, on a consolidated basis, for the period then ended. Each of the projections delivered to Administrative Agent prior to the date hereof and each of the projected consolidated cash flows to be delivered to Administrative Agent pursuant to Section 5.1(e), (A) has been, or will be, as applicable, prepared by the REIT Borrower in light of the past business and performance of the REIT or its predecessors in interest Borrower on a consolidated basis and (B) represent, or will represent, as of the date thereof, the reasonable good faith estimates of the REITBorrower's financial personnel as of their respective dates.

Appears in 1 contract

Samples: Revolving Credit Agreement (Price Enterprises Inc)

Financial Statements; Projections and Forecasts. Each of the financial statements to be delivered to Administrative Agent Lender pursuant to Sections Section 5.1(b) and (c) (i) has been, or will be, as applicable, prepared in accordance with the books and records of the REIT and the Consolidated Entities on a consolidated basis, and (ii) either fairly present in all material respects, or will fairly present in all material respects, as applicable, the financial condition of the REIT and the Consolidated Entities on a consolidated basis, at the dates thereof (and, if applicable, subject to normal year-end adjustments) and the results of its operations and cash flows, on a consolidated basis, for the period then ended. Each of the projections delivered to Administrative Agent Lender prior to the date hereof and each of the projected consolidated cash flows to be delivered to Administrative Agent Lender pursuant to Section 5.1(e), (A) has been, or will be, as applicable, prepared by the REIT in light of the past business and performance of the REIT or its predecessors in interest on a consolidated basis and (B) represent, or will represent, as of the date thereof, the reasonable good faith estimates of the REIT's financial personnel as of their respective dates.. (h)

Appears in 1 contract

Samples: _______________________________________________________________ Revolving Credit Agreement (Arden Realty Inc)

Financial Statements; Projections and Forecasts. Each of the financial statements to be delivered to Administrative Agent pursuant to Sections Section 5.1(b) and (cSection 5.1(c) (i) has been, or will be, as applicable, prepared in accordance with the books and records of the REIT and the Consolidated Entities on a consolidated basis, and (ii) either fairly present in all material respects, or will fairly present in all material respects, as applicable, the financial condition of the REIT and the Consolidated Entities on a consolidated basis, at the dates thereof (and, if applicable, subject to normal year-end adjustments) and the results of its operations and cash flows, on a consolidated basis, for the period then ended. Each of the projections delivered to Administrative Agent prior to the date hereof and each of the projected consolidated cash flows to be delivered to Administrative Agent pursuant to Section 5.1(e), (A) has been, or will be, as applicable, prepared by the REIT in light of the past business and performance of the REIT or its predecessors in interest on a consolidated basis and (B) represent, or will represent, as of the date thereof, the reasonable good faith estimates of the REIT's ’s financial personnel as of their respective dates.

Appears in 1 contract

Samples: Credit Agreement (Arden Realty Inc)

Financial Statements; Projections and Forecasts. Each of the financial statements to be delivered to Administrative Agent pursuant to Sections 5.1(b) and (c5.1(c) (i) has been, or will be, as applicable, prepared in accordance with the books and records of the REIT and the Consolidated Entities on a consolidated basis, and (ii) either fairly present in all material respects, or will fairly present in all material respects, as applicable, the financial condition of the REIT and the Consolidated Entities on a consolidated basis, at the dates thereof (and, if applicable, subject to normal year-end adjustments) and the results of its operations and cash flows, on a consolidated basis, for the period then ended. Each of the projections delivered to Administrative Agent prior to the date hereof and each of the projected consolidated cash flows to be delivered to Administrative Agent pursuant to Section 5.1(e), (A) has been, or will be, as applicable, prepared by the REIT in light of the past business and performance of the REIT or its predecessors in interest on a consolidated basis and (B) represent, or will represent, as of the date thereof, the reasonable good faith estimates of the REIT's financial personnel as of their respective dates.

Appears in 1 contract

Samples: Term Loan Agreement (Arden Realty Limited Partnership)

Financial Statements; Projections and Forecasts. Each of the financial statements to be delivered to Administrative Agent pursuant to Sections Section 5.1(b) and (cSection 5.1(c) (i) has been, or will be, as applicable, prepared in accordance with the books and records of the REIT and the Consolidated Entities on a consolidated basis, and (ii) either fairly present in all material respects, or will fairly present in all material respects, as applicable, the financial condition of the REIT and the Consolidated Entities on a consolidated basis, at the dates thereof (and, if applicable, subject to normal year-end adjustments) and the results of its operations and cash flows, on a consolidated basis, for the period then ended. Each of the projections delivered to Administrative Agent prior to the date hereof and each of the projected consolidated cash flows to be delivered to Administrative Agent pursuant to Section 5.1(e), (A) has been, or will be, as applicable, prepared by the REIT in light of the past business and performance of the REIT or its predecessors in interest on a consolidated basis and (B) represent, or will represent, as of the date thereof, the reasonable good faith estimates of the REIT's financial personnel as of their respective dates.

Appears in 1 contract

Samples: Revolving Credit Agreement (Arden Realty Limited Partnership)

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Financial Statements; Projections and Forecasts. Each of the financial statements to be delivered to Administrative Agent pursuant to Sections 5.1(b) and (c5.1(c) (i) has been, or will be, as applicable, prepared in accordance with the books and records of the REIT and the Consolidated Entities on a consolidated basis, and (ii) either fairly present in all material respects, or will fairly present in all material respects, as applicable, the financial condition of the REIT and the Consolidated Entities on a consolidated basis, at the dates thereof (and, if applicable, subject to normal year-end adjustments) and the results of its operations and cash flows, on a consolidated basis, for the period then ended. Each of the projections delivered to Administrative Agent prior to the date hereof and each of the projected consolidated cash flows to be delivered to Administrative Agent pursuant to Section 5.1(e), (A) has been, or will be, as applicable, prepared by the REIT in light of the past business and performance of the REIT or its predecessors in interest on a consolidated basis and (B) represent, or will represent, as of the date thereof, the reasonable good faith estimates of the REIT's ’s financial personnel as of their respective dates.

Appears in 1 contract

Samples: Term Loan Agreement (Arden Realty Limited Partnership)

Financial Statements; Projections and Forecasts. Each of the financial statements to be delivered to Administrative Agent pursuant to Sections SECTIONS 5.1(b) and (c) (i) has been, or will be, as applicable, prepared in accordance with the books and records of the REIT and the Consolidated Entities on a consolidated basis, and (ii) either fairly present in all material respects, or will fairly present in all material respects, as applicable, the financial condition of the REIT and the Consolidated Entities on a consolidated basis, at the dates thereof (and, if applicable, subject to normal year-end adjustments) and the results of its operations and cash flows, on a consolidated basis, for the period then ended. Each of the projections delivered to Administrative Agent prior to the date hereof and each of the projected consolidated cash flows to be delivered to Administrative Agent pursuant to Section SECTION 5.1(e), (A) has been, or will be, as applicable, prepared by the REIT in light of the past business and performance of the REIT or its predecessors in interest on a consolidated basis and (B) represent, or will represent, as of the date thereof, the reasonable good faith estimates of the REIT's financial personnel as of their respective dates.

Appears in 1 contract

Samples: Revolving Credit Agreement (Arden Realty Inc)

Financial Statements; Projections and Forecasts. Each of the financial statements to be delivered to Administrative Agent pursuant to Sections SECTIONS 5.1(b) and (c) (i) has been, or will be, as applicable, prepared in accordance with the books and records of the REIT Borrower and the Consolidated Entities on a consolidated basis, and (ii) either fairly present in all material respects, or will fairly present in all material respects, as applicable, the financial condition of the REIT Borrower and the Consolidated Entities on a consolidated basis, at the dates thereof (and, if applicable, subject to normal year-end adjustments) and the results of its operations and cash flows, on a consolidated basis, for the period then ended. Each of the projections delivered to Administrative Agent prior to the date hereof and each of the projected consolidated cash flows to be delivered to Administrative Agent pursuant to Section SECTION 5.1(e), (A) has been, or will be, as applicable, prepared by the REIT Borrower in light of the past business and performance of the REIT or its predecessors in interest Borrower on a consolidated basis and (B) represent, or will represent, as of the date thereof, the reasonable good faith estimates of the REITBorrower's financial personnel as of their respective dates.

Appears in 1 contract

Samples: Revolving Credit Agreement (Price Enterprises Inc)

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