Financial Statements Will Be Accurate. The Companies agree that all financial statements and reports of auditors furnished to the Agent and the Lenders will be prepared in accordance with GAAP, applied on a basis consistent with that applied in preparing the Statement Date Financial Statements as at, and for the period then ended (except to the extent otherwise required to conform to good accounting practice), subject, however — for financial statements other than year-end statements — to year-end audit adjustments and the omission of footnotes.
Appears in 3 contracts
Samples: Credit Agreement, Senior Secured Credit Agreement (Homebanc Corp), Senior Secured Credit Agreement (Homebanc Corp)
Financial Statements Will Be Accurate. The Companies agree Company agrees that all financial statements and reports of auditors furnished to the Agent and the Lenders will be prepared in accordance with GAAP, applied on a basis consistent with that applied in preparing the Statement Date Financial Statements as at, and for the period then ended (except to the extent otherwise required to conform to good accounting practice), subject, however — -- for financial statements other than year-end statements — -- to year-end audit adjustments and the omission of footnotes.
Appears in 1 contract
Samples: Senior Secured Credit Agreement (Sunset Financial Resources Inc)
Financial Statements Will Be Accurate. The Companies agree that all All financial statements and reports of auditors furnished to the Agent Lenders and the Lenders will Agent hereunder shall be prepared in accordance with GAAP, applied on a basis consistent with that applied in preparing the Statement Date Financial Statements financial statements as at, and for the period then ended (except to the extent otherwise required to conform to good accounting practice), subject, however — -- for financial statements other than year-end statements — -- to year-end audit adjustments and the omission of footnotesnotes to the Financial Statements.
Appears in 1 contract
Samples: Senior Secured Credit Agreement (Long Beach Financial Corp)
Financial Statements Will Be Accurate. The Companies agree Company agrees that all financial statements and reports of auditors furnished to the Agent and the Lenders will be prepared in accordance with GAAP, applied on a basis consistent with that applied in preparing the Statement Date Financial Statements as at, and for the period then ended (except to the extent otherwise required to conform to good accounting practice), subject, however — – for financial statements other than year-end statements — – to year-end audit adjustments and the omission of footnotes.
Appears in 1 contract
Financial Statements Will Be Accurate. The Companies agree Company agrees that all financial statements and reports of auditors furnished to the Agent and the Lenders will be prepared in accordance with GAAP, applied on a basis consistent with that applied in preparing the Statement Date Financial Statements as at, and for the period then ended (except to the extent otherwise required to conform to good accounting practice), subject, however — for financial statements other than year-end statements — to year-end audit adjustments and the omission of footnotes.
Appears in 1 contract
Financial Statements Will Be Accurate. The Companies agree Parent and each Company each agrees that all financial statements and reports of auditors furnished to the Agent Lenders and the Lenders Agent hereunder will be prepared in accordance with GAAP, applied on a basis consistent with that applied in preparing the Statement Date Financial Statements financial statements as at, and for the period then ended (except to the extent otherwise required to conform to good accounting practice), subject, however — -- for financial statements other than year-end statements — -- to year-end audit adjustments and the omission of footnotes.
Appears in 1 contract
Samples: Senior Secured Credit Agreement (American Business Financial Services Inc /De/)
Financial Statements Will Be Accurate. The Companies agree Company and the Parent agrees that all financial statements and reports of auditors furnished to the Agent Lenders and the Lenders Agent hereunder will be prepared in accordance with GAAP, applied on a basis consistent with that applied in preparing the Statement Date Financial Statements financial statements as at, and for the period then ended (except to the extent otherwise required to conform to good accounting practice), subject, however — -- for financial statements other than year-end statements — statements-- to year-end audit adjustments and the omission of footnotes.
Appears in 1 contract
Samples: Senior Secured Credit Agreement (American Business Financial Services Inc /De/)