Future Financial and Operating Statements Sample Clauses

Future Financial and Operating Statements. Borrower shall ----------------------------------------- furnish or cause to be furnish to Lender within the time periods specified, the following financial reports and information:
Sample 1Sample 2
AutoNDA by SimpleDocs
Future Financial and Operating Statements. Borrower shall furnish or cause to be furnished to Lender within the time periods specified, the following financial reports and information: (a) within one hundred twenty (120) days after the end of each fiscal year of Borrower, annual financial statements of Borrower for the year just ended, prepared in accordance with sound accounting principles consistently applied, and including a balance sheet and operating statement; (b) within forty-five (45) days after the end of each fiscal quarter of Borrower, an operating statement of Borrower for the quarter just ended, prepared in accordance with income tax basis accounting principles, consistently applied; (c) within forty-five (45) days after the end of each fiscal year of Borrower, a rent roll for each Property effective as of the last day of such year; (d) within sixty (60) days of payment thereof, receipt of the payment of all real property taxes due for the year just ended; (e) within one hundred twenty (120) days after the end of each calendar year, personal financial statements signed and certified by each Guarantor to Lender; (f) federal income tax returns within thirty (30) days after the applicable filing date for the tax reporting period, provided that, in the event that an extension is filed, the Guarantor will provide a copy of the extension to Lender no later than thirty (30) days after filing, but in no event later than November 1 of each such year), together with all schedules and addenda thereto, of each Guarantor, for each year, signed and certified by them, (g) a Compliance Certificate, duly executed and completed by Bxxxxxxx, as and when required pursuant to Section 5.5 and Section 5.6 hereof and (h) such additional financial information (including tax returns, detailed cash flow information, and contingent liability information) of Borrower and Guarantor at such times as Lender shall reasonably deem necessary. The accuracy and completeness of all financial statements, operating statements, and rent rolls must be certified in writing to be correct by the chief financial officer or equivalent of Borrower. All annual financial statements of Borrower must be reviewed by a certified public accountant reasonably acceptable to Lender. Borrower must certify with delivery of each of its financial statements that (x) Borrower has complied with and is in compliance with all material terms, covenants and conditions of this Loan Agreement, (y) to Borrower’s knowledge, no Default or Event of Default e...
Sample 1
Future Financial and Operating Statements. To furnish to Lender with the following:
Sample 1

Related to Future Financial and Operating Statements

  • Operating Statements In the case of each Mortgage Loan, the related Mortgage or another Mortgage Loan document requires the related Mortgagor, in some cases at the request of the lender, to provide the holder of such Mortgage Loan with at least quarterly operating statements and rent rolls (if there is more than one tenant) for the related Mortgaged Property and annual financial statements of the related Mortgagor, and with such other information as may be required therein.

  • Annual Operating Budget and Financial Projections Within forty five (45) days after the end of each fiscal year of Borrower, (i) annual operating budgets (including income statements, balance sheets and cash flow statements, by month) for the upcoming fiscal year of Borrower, and (ii) annual financial projections for the following fiscal year (on a quarterly basis) as approved by Borrower’s board of directors, together with any related business forecasts used in the preparation of such annual financial projections;

  • Production Report and Lease Operating Statements Within 60 days after the end of each fiscal quarter, a report setting forth, for each calendar month during the then current fiscal year to date, the volume of production and sales attributable to production (and the prices at which such sales were made and the revenues derived from such sales) for each such calendar month from the Oil and Gas Properties, and setting forth the related ad valorem, severance and production taxes and lease operating expenses attributable thereto and incurred for each such calendar month.

  • Interim Financial Information The Company shall supply the ----------------------------- Parent with a copy of its internal unaudited monthly financial statements within thirty (30) days after the end of each month.

  • Financial Projections Borrower shall have delivered to Lender Borrower’s business plan and/or financial projections or forecasts as most recently approved by Borrower’s Board of Directors.

  • Financial Information Certifications The Parties agree to cooperate with each other in such manner as is necessary to enable the principal executive officer or officers, principal financial officer or officers and controller or controllers of each of the Parties to make the certifications required of them under Sections 302, 404 and 906 of the Xxxxxxxx-Xxxxx Act of 2002.

  • Non-Reliance on Company Estimates, Projections, Forecasts, Forward-Looking Statements and Business Plans In connection with the due diligence investigation of the Company by Parent and Merger Subsidiary, Parent and Merger Subsidiary have received and may continue to receive from the Company certain estimates, projections, forecasts and other forward-looking information, as well as certain business plan information, regarding the Company and its business and operations. Parent and Merger Subsidiary hereby acknowledge that there are uncertainties inherent in attempting to make such estimates, projections, forecasts and other forward-looking statements, as well as in such business plans, with which Parent and Merger Subsidiary are familiar, that Parent and Merger Subsidiary are taking full responsibility for making their own evaluation of the adequacy and accuracy of all estimates, projections, forecasts and other forward-looking information, as well as such business plans, so furnished to them (including the reasonableness of the assumptions underlying such estimates, projections, forecasts, forward-looking information or business plans), and that Parent and Merger Subsidiary will have no claim, right or obligation under this Agreement or otherwise (including under Article 9) against the Company or any of its Subsidiaries, or any of their respective Representatives, or any other Person, with respect thereto. Accordingly, Parent and Merger Subsidiary hereby acknowledge that none of the Company nor any of its Subsidiaries, nor any of their respective Representatives, nor any other Person, has made or is making any representation or warranty with respect to such estimates, projections, forecasts, forward-looking statements or business plans (including the reasonableness of the assumptions underlying such estimates, projections, forecasts, forward-looking statements or business plans).

  • Earning Statements The Company will make generally available (which includes filings pursuant to the Exchange Act made publicly through the XXXXX system) to its security holders as soon as practicable, but in any event not later than 16 months after the end of the Company’s current fiscal year, an earnings statement (which need not be audited) covering a 12-month period that shall satisfy the provisions of Section 11(a) of the Securities Act and Rule 158 of the Rules and Regulations.

  • Financial Information Upon written request the Company agrees to send or make available the following reports to the Buyer until the Buyer transfers, assigns, or sells all of the Securities: (i) within ten (10) days after the filing with the SEC, a copy of its Annual Report on Form 10-K its Quarterly Reports on Form 10-Q and any Current Reports on Form 8-K; (ii) within one (1) day after release, copies of all press releases issued by the Company or any of its Subsidiaries; and (iii) contemporaneously with the making available or giving to the shareholders of the Company, copies of any notices or other information the Company makes available or gives to such shareholders.

  • Pro Forma Financial Information The pro forma financial statements included in the Registration Statement, the Time of Sale Disclosure Package and the Final Prospectus include assumptions that provide a reasonable basis for presenting the significant effects directly attributable to the transactions and events described therein, the related pro forma adjustments give appropriate effect to those assumptions, and the pro forma adjustments reflect the proper application of those adjustments to the historical financial statements amounts in the pro forma financial statements included in the Registration Statement, the Time of Sale Disclosure Package and the Final Prospectus. The pro forma financial statements included in the Registration Statement, the Time of Sale Disclosure Package and the Final Prospectus comply as to form in all material respects with the application requirements of Regulation S-X under the Exchange Act.

Time is Money Join Law Insider Premium to draft better contracts faster.