Financial Statements; Tax Returns. Borrower shall deliver or cause to be delivered to Lender, the following:
(i) within sixty (60) days after the end of each fiscal quarter, the unaudited financial statements of Borrower, prepared in accordance with Good Accounting Practice, and combined or consolidated as appropriate, including all notes related thereto;
(ii) within one hundred twenty (120) days after the end of each fiscal year, the unaudited financial statements of Borrower, prepared in accordance with Good Accounting Practice, and combined or consolidated as appropriate, including all notes related thereto;
(iii) copies of all federal and state tax returns prepared with respect to Borrower within ten (10) days of such documents being filed with the Internal Revenue Service or applicable state authority, along with an audit thereof upon request of Lender; and
(iv) such other information relating to the financial condition and affairs of Borrower, and the Collateral as Lender may from time to time request. All financial statements shall be accompanied by duly executed Financial Statement Certifications.
Financial Statements; Tax Returns. The Company’s books of account shall be closed as soon as practicable after the close of each calendar year (which shall be the Company’s “Calendar Year”) and an annual audit shall be performed at the expense of the Company in accordance with GAAP by KPMG or such other independent certified public accounting firm approved by the Members (such initial firm of accountants, or any replacement firm so selected, the “Accountants”); provided that in no event shall said accounting firm be the same firm as has been engaged by NYSTRS for its own internal audit purposes for the Calendar Year (or any portion thereof) in question. NYSTRS agrees that NYSTRS shall not engage the then-current Accountants of the Company except at the beginning of a new Calendar Year. In the event that at any time hereafter NYSTRS desires to engage the then-current Accountants for the Company, NYSTRS shall give the Company no less than 120 days written notice prior to the beginning of the Calendar Year for which NYSTRS will engage the Accountants, so that the Company shall have sufficient opportunity to retain new Accountants. If NYSTRS does not advise the Company in writing within 120 days prior to retaining the then-current Accountants, NYSTRS shall been deemed to have waived its right to cause the Company to obtain Accountants which differ from those engaged by NYSTRS. Notwithstanding the foregoing, the Company shall not be required to obtain new Accountants if the appointment has already been made for the up-coming Calendar Year or it would result in a material financial and substantial business hardship for the Company to retain new Accountants. The Manager shall cause to be delivered to the Members within 60 days after the close of each taxable year a draft of the audited financial statement (in the format prepared by the Accountants retained by the Company) and tax return for such taxable year, and shall cause to be delivered to the Members within 90 days after the close of each taxable year, the final audited financial statements (in the format prepared by the Accountants retained by the Company) and tax return for the Company and/or any subsidiary entity of the Company that owns any Property, which can be used by the Members for tax reporting purposes. Such financial statements shall include certification by the Manager that any and all distributions made by the Company were made in accordance with the terms of this Agreement, and a verification thereof by the accountants. The Man...
Financial Statements; Tax Returns. Financial statements and most recent tax returns of Borrower and Guarantors in form and substance reasonably acceptable to Lender and verification of liquidity for each Guarantor;
Financial Statements; Tax Returns. Borrower shall deliver or cause to be delivered to Lender:
(a) Within ninety (90) days after the end of each fiscal year of Borrower, annual financial statements for Borrower for and as of the end of such year, including a balance sheet, a statement of income and expense, a cash flow statement and a rent roll for the Project, which shall be prepared on a compilation basis by the Controller of Cedar Operating Partnership and certified as true and correct by Cedar Operating Partnership;
(b) Within ten (10) days after filing with the Securities Exchange Commission, any quarterly or annual report, or any interim Form 8-K, as the case may be, financial statements for Cedar REIT and Cedar Operating Partnership, on a consolidated basis, for and as of the end of such year, including a balance sheet, a statement of income and expense and a cash flow statement, prepared on a GAAP basis and audited by an independent certified public accounting firm acceptable to Lender;
(c) Within ten (10) days after each filing of it to the Securities Exchange Commission, a copy of Cedar REIT's Form 10-K as so filed.
(d) Within thirty (30) days after the end of each quarter-annual fiscal period of Borrower, a statement of income and expense, a rent roll and a security deposit inventory for the Project, which shall be prepared by management of Borrower and certified as true and correct by Cedar Operating Partnership, together with evidence of payment of all real estate taxes that became due and payable during such period;
(e) Within thirty (30) days after the filing thereof, copies of federal and state income tax returns for Borrower and Guarantors, in each case certified as true and correct copies of such returns as filed by the preparer thereof.
(f) Such other financial information regarding Borrower and Guarantors as Lender may reasonably request from time to time. All such financial information shall be in a form reasonably acceptable to Lender.
Financial Statements; Tax Returns. Borrower shall deliver or cause to be delivered to Lender, the following (all financial statements provided to Lender shall be certified as to accuracy and completeness by the senior financial officer of Borrower):
(a) within thirty (30) days after the end of each month, the unaudited financial statements of Borrower for such month, prepared in accordance with Good Accounting Practice, and combined or consolidated as appropriate, including all notes related thereto, accompanied by a duly executed Financial Statement Certification and a duly completed and executed Compliance Certificate;
(b) within sixty (60) days after the end of each fiscal quarter, the unaudited financial statements of Borrower for such fiscal quarter, prepared in accordance with Good Accounting Practice, and combined or consolidated as appropriate, including all notes related thereto, accompanied by a duly executed Financial Statement Certification;
(c) within one hundred twenty (120) days after the end of each fiscal year, the reviewed financial statements of Borrower for such fiscal year, prepared in accordance with Good Accounting Practice, and combined or consolidated as appropriate, including all notes related thereto, accompanied by a duly executed Financial Statement Certification;
(d) copies of all federal and state tax returns prepared with respect to Borrower within ten (10) days of such documents being filed with the Internal Revenue Service or applicable state authority; and
(e) such other information relating to the financial condition and affairs of Borrower, the Property or the Collateral, as Lender may from time to time reasonably request or as may be required by the Loan Documents.
Financial Statements; Tax Returns. The Borrower will keep its books of accounts in accordance with generally accepted accounting practices and will furnish to the Lender:
Financial Statements; Tax Returns. Borrower shall deliver or cause to be delivered to Lender, the following:
(i) within sixty (60) days after the end of each fiscal quarter, the unaudited financial statements of Borrower, prepared in accordance with Good Accounting Practice, and combined or consolidated as appropriate, including all notes related thereto;
(ii) within one hundred twenty (120) days after the end of each fiscal year, the unaudited financial statements of Borrower, prepared in accordance with Good Accounting Practice, and combined or consolidated as appropriate, including all notes related thereto; Loan Agreement – Rosehill ReserveHarris County, Texas 22
(iii) copies of all federal and state tax returns prepared with respect to Borrower within ten (10) days of such documents being filed with the Internal Revenue Service or applicable state authority, along with an audit thereof upon request of Lender; and
(iv) such other information relating to the financial condition and affairs of Borrower, and the Collateral as Lender may from time to time request. All financial statements shall be accompanied by duly executed Financial Statement Certifications.
Financial Statements; Tax Returns. Borrower shall deliver to Commission within one hundred twenty (120) days after the end of each fiscal year of Borrower occurring during the term of the HOME Loan, a copy of its federal tax return and a financial statement for such preceding fiscal year. In addition, concurrent with Borrower's payment of the annual Residual Receipts installment payable to Commission on each April 15th in accordance with Section 2.3 above, Borrower shall deliver to Commission, on forms prepared and provided by Commission from time to time, a statement certified by Borrower's accountant (the "Annual Statement"), separately setting forth (i) the aggregate Gross Rents (as defined in the Note) received during the previous calendar year, and
Financial Statements; Tax Returns. Current financial statements (including contingent liabilities and disclosure of all cash flow from, and equity in, real estate investment ventures and otherwise in form and content satisfactory to Lender) and the most recently filed federal tax returns for each Guarantor.
Financial Statements; Tax Returns. The Company’s books of account shall be closed as soon as practicable after the close of each calendar year (which shall be the Company’s “Fiscal Year”) and an annual compilation, review or audit shall be performed at the expense of the Company by a qualified accountant selected by the Manager. A written report shall thereafter be provided to each Member containing (i) the financial statements prepared by the accountant and (ii) such other statements as shall be necessary to advise all Members properly about their investment in the Company for income tax reporting purposes. The Manager shall be responsible for engaging an accountant to prepare and seeing to the filing of all Federal, state and local tax returns on behalf of the Company.
