Common use of Furnish to the Banks Clause in Contracts

Furnish to the Banks. (i) concurrently with the delivery of the financial statements referred to in Section 5.01(b)(ii), a letter signed by the independent public accountants, certifying such financial statements to the effect that, in the course of the examination upon which their report for such fiscal year was based (but without any special or additional audit procedures for that purpose other than review of the terms and provisions of this Agreement), they did not become aware of any Event of Default involving financial or accounting matters or any condition or event which, after notice or lapse of time, or both, would constitute such an Event of Default, or, if such accountants became aware of any such Event of Default or other condition or event, specifying the nature thereof; and

Appears in 4 contracts

Samples: Assignment and Acceptance Agreement (Union Pacific Resources Group Inc), Toronto Dominion (Union Pacific Resources Group Inc), Union Pacific Resources Group Inc

AutoNDA by SimpleDocs

Furnish to the Banks. (i) concurrently with the delivery of the financial statements referred to in Section 5.01(b)(iiSECTION 5.01(B)(II), a letter signed by the independent public accountants, certifying such financial statements to the effect that, in the course of the examination upon which their report for such fiscal year was based (but without any special or additional audit procedures for that purpose other than review of the terms and provisions of this Agreement), they did not become aware of any Event of Default involving financial or accounting matters or any condition or event which, after notice or lapse of time, or both, would constitute such an Event of Default, or, if such accountants became aware of any such Event of Default or other condition or event, specifying the nature thereof; and

Appears in 1 contract

Samples: Credit Agreement (Union Pacific Resources Group Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!