Common use of Furnishing of Financial Statements Clause in Contracts

Furnishing of Financial Statements. Upon the execution of this Lease by Xxxxxx and upon each succeeding anniversary date of the date of this Lease, or at any earlier time upon Landlord’s written request, Tenant shall promptly furnish Landlord, from time to time, with financial statements (including, without limitation, operating statements including an annual profit and loss statement for the individual store unit covered by this Lease) reflecting Tenant’s current financial condition, and written evidence of then current ownership of managing and controlling interests in Tenant and in any entities which directly or indirectly control or manage Tenant (which written evidence shall include, without limitation, the names of all existing managers, shareholders and partners, as applicable, of record and their respective management/ownership interests as of the date of such writing), which financial statements and written evidence shall be certified as being true and correct by the chief financial officer or partner and by the chief executive officer or partner of Tenant. Landlord shall not request financial statements more than once per Lease Year except in the instance of a financing of the Shopping Center.

Appears in 4 contracts

Samples: Lease (Impossible Kicks Holding Company, Inc.), Lease Agreement (Impossible Kicks Holding Company, Inc.), Lease Agreement (Impossible Kicks Holding Company, Inc.)

AutoNDA by SimpleDocs

Furnishing of Financial Statements. Upon the execution of this Lease by Xxxxxx Tenant and upon each succeeding anniversary date of the date of this Lease, or at any earlier time upon Landlord’s 's written request, Tenant shall promptly furnish Landlord, from time to time, with financial statements (including, without limitation, operating statements including an annual profit and loss statement for the individual store unit covered by this Lease) reflecting Tenant’s 's current financial condition, and written evidence of then current ownership of managing and controlling interests in Tenant and in any entities which directly or indirectly control or manage Tenant (which written evidence shall include, without limitation, the names of all existing managers, shareholders and partners, as applicable, of record and their respective management/ownership interests as of the date of such writing), which financial statements and written evidence shall be certified as being true and correct by the chief financial officer or partner and by the chief executive officer or partner of Tenant. Landlord shall not request financial statements more than once per Lease Year except in the instance of a financing of the Shopping Center.

Appears in 1 contract

Samples: Lease (Hart Industries Inc)

AutoNDA by SimpleDocs

Furnishing of Financial Statements. Upon the execution of this Lease by Xxxxxx and upon each succeeding anniversary date of the date of this Lease, or at any earlier time upon Landlord’s written request, Tenant shall promptly furnish Landlord, from time to time, with financial statements (including, without limitation, operating statements including an annual profit and loss statement for the individual store unit covered by this Lease) reflecting Tenant’s current financial condition, and written evidence of then current ownership of managing and controlling interests in Tenant and in any entities which directly or indirectly control or manage Tenant (which written evidence shall include, without limitation, the names of all existing managers, shareholders and partners, as applicable, of record and their respective management/ownership interests as of the date of such writing), which financial statements and written evidence shall be certified as being true and correct by the chief financial officer or partner and by the chief executive officer or partner of Tenant. Landlord shall not request financial statements more than once per Lease Year except in the instance of a financing of the Shopping Center.. S34 COMMON AREA CHARGE

Appears in 1 contract

Samples: Lease Agreement (Impossible Kicks Holding Company, Inc.)

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