Common use of Form of financial statements Clause in Contracts

Form of financial statements. All accounts delivered under Clause 11.6 will: (a) be prepared in accordance with all applicable laws and US GAAP and, in the case of any audited financial statements, be certified by an independent and reputable auditor having requisite experience selected and appointed by the relevant Security Party; (b) fairly represent the financial condition of the Corporate Guarantor and the Group at the date of those accounts and of their profit for the period to which those accounts relate; and (c) fully disclose or provide for all significant liabilities of the Corporate Guarantor and the Group and each of its/their subsidiaries.

Form of financial statements. All accounts delivered under Clause 11.6 will: (a) be prepared in accordance with all applicable laws and US GAAP and, in the case of any audited financial statements, be certified by an independent and reputable auditor having requisite experience selected and appointed by the relevant Security Party; (b) fairly represent the financial condition of the Borrower, the Corporate Guarantor and the Group at the date of those accounts and of their profit for the period to which those accounts relate; and (c) fully disclose or provide for all significant liabilities of the Borrower, the Corporate Guarantor and the Group and each of its/their subsidiaries.

Form of financial statements. All accounts delivered under Clause 11.6 11.3 (Provision of financial statements) will: (a) be prepared in accordance with all applicable laws and US GAAP and, in the case of any consolidated audited financial statements, be certified by an independent and reputable auditor having requisite experience selected and appointed by the relevant Security PartyBorrower and the Corporate Guarantor; (b) fairly represent the financial condition of the Corporate Guarantor and the Group at the date of those accounts and of their profit for the period to which those accounts relate; and (c) fully disclose or provide for all significant liabilities of the Corporate Guarantor and the Group and each any of its/their subsidiaries.

Form of financial statements. All accounts delivered under Clause 11.6 (Provision of financial statements) will: (a) be prepared in accordance with all applicable laws and US GAAP and, in the case of any consolidated audited financial statements, be certified by an independent and reputable auditor having requisite experience selected and appointed by the relevant Security PartyBorrower and the Corporate Guarantor; (b) fairly represent the financial condition of the Corporate Guarantor and the Group at the date of those accounts and of their profit for the period to which those accounts relate; and (c) fully disclose or provide for all significant liabilities of the Corporate Guarantor and the Group and each any of its/their subsidiaries.