Guarantor Financial Information. Guarantor will provide Lender in writing such financial and other information with respect to Guarantor's assets and liabilities as Lender shall reasonably request from time to time, in form satisfactory to Lender.
Guarantor Financial Information. Guarantor will provide Agent in writing such financial and other information with respect to its assets and liabilities as Agent shall reasonably request from time to time, in form and substance satisfactory to Agent.
Guarantor Financial Information. The Borrower shall furnish, or cause to be furnished, to the Administrative Agent and each Lender such information regarding the business affairs, operations and financial condition of each Guarantor. The Borrower represents and warrants to the Administrative Agent and each Lender that (i) each Guarantor shall at all times maintain a standard and modern system of accounting, on the accrual basis of accounting and in all respects in accordance with GAAP, and (ii) the Administrative Agent shall have the right at all times during business hours to inspect the books and records of each Guarantor and make extracts therefrom. If the Borrower ceases to be publicly traded, then the Borrower agrees to advise the Administrative Agent immediately of any development, condition or event that may have a Material Adverse Effect on each Guarantor.
Guarantor Financial Information. By not later than December 1 of each year (including 2005) a current personal financial statement of each Guarantor in a form reasonably acceptable to Access, and within 30 days after the filing thereof with the IRS and applicable state taxing authorities, complete, true and correct copies of each Guarantor’s Federal and state income tax returns;
Guarantor Financial Information. The Borrower shall furnish, or cause to be furnished, to the Bank or its authorized representatives such information regarding the business affairs, operations and financial condition of each Guarantor. The Borrower represents and warrants to the Bank that (i) each Guarantor shall at all times maintain a standard and modern system of accounting, on the accrual basis of accounting and in all respects in accordance with GAAP, and (ii) the Bank shall have the right at all times during business hours to inspect the books and records of each Guarantor and make extracts therefrom. If the Borrower ceases to be publicly traded, then the Borrower agrees to advise the Bank immediately of any development, condition or event that may have a Material Adverse Effect on each Guarantor.
Guarantor Financial Information. Signed financial statements for each Guarantor for the most recent fiscal year
Guarantor Financial Information. On May 1, 2001, we purchased our general partner's 1.01 percent non-managing interest owned in twelve of our subsidiaries for $8 million. As a result of this acquisition, all of our subsidiaries, but not our equity investees, are wholly owned by us. As of September 30, 2002, our revolving credit facility is guaranteed by each of our subsidiaries (excluding our EPN Holding subsidiaries) and is collateralized by our general and administrative agreement, substantially all of our assets, and our general partner's one percent general partner interest. In addition, all of our senior subordinated notes are jointly, severably, fully and unconditionally guaranteed by all of our subsidiaries except EPN Holding's subsidiaries. As of September 30, 2002, the EPN Holding acquisition facility is guaranteed by all of EPN Holding's subsidiaries and by EPN Holding I, L.P. and EPN GP Holding L.L.C., our unrestricted subsidiaries that own the equity interests in EPN Holding, and is collateralized by substantially all of the assets of EPN Holding and the guarantors. In October 2002, we rearranged our credit facilities and entered into a $160 million senior secured term loan. As a result of that rearrangement our credit facility, the EPN Holding acquisition facility and the senior secured term loan are all guaranteed by all of our material subsidiaries. We are providing the following condensed consolidating financial information of us (as the Issuer) and our subsidiaries as if our current organizational structure were in place for all periods presented. The consolidating eliminations column on our balance sheets eliminate our investment in consolidated subsidiaries, intercompany payables and receivables and other transactions between subsidiaries. Non-guarantor subsidiaries as of and for the quarter and nine months ended September 30, 2002, consisted of our EPN Holding subsidiaries, which own the EPN Holding assets and the equity interests in EPN Holding, and our subsidiary that owns our interest in the Copper Eagle project. Non-guarantor subsidiaries for all other periods consisted of Argo and Argo I which owned the Prince TLP. As a result of our disposal of the Prince TLP and our related overriding royalty interest in April 2002, the results of operations and net book value of these assets are reflected as discontinued operations in our statements of income and assets held for sale in our balance sheets and Argo and Argo I became guarantor subsidiaries. CONDENSED CONSOLIDATIN...
Guarantor Financial Information. In May 2001, we purchased our General Partner's 1.01% non-managing ownership interest in twelve of our subsidiaries for $8 million. As a result of this acquisition, all of our subsidiaries, excluding our joint ventures, are wholly owned by us. Our revolving credit facility is guaranteed by us and each of our subsidiaries (excluding our Argo, L.L.C. and Argo I, L.L.C. subsidiaries) and is collateralized by our management agreement, substantially all of our assets, and our General Partner's one percent general partner interest. In addition, all of our Senior Subordinated Notes are guaranteed by all of our subsidiaries except Argo and Argo I. In accordance with Rule 3-10(e) of Regulation S-X, we are providing the following condensed consolidating financial information of us (as the Issuer) and our subsidiaries as if our current organizational structure were in place for all periods presented. The consolidating eliminations column eliminates our investment in consolidated subsidiaries, intercompany payables and receivables and other transactions between subsidiaries. CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS FOR THE QUARTER ENDED JUNE 30, 2001 NON-GUARANTOR GUARANTOR CONSOLIDATING CONSOLIDATED ISSUER SUBSIDIARIES(1) SUBSIDIARIES ELIMINATIONS TOTAL ------- --------------- ------------ ------------- ------------ (IN THOUSANDS) Operating revenues................ $ -- $ -- $ 44,987 $ -- $44,987 Operating expenses ------- ----- -------- ------- ------- Purchased natural gas costs..... -- -- 11,474 -- 11,474 Operations and maintenance, net.......................... -- 144 8,985 -- 9,129 Depreciation, depletion and amortization................. 24 -- 8,048 -- 8,072 ------- ----- -------- ------- ------- 24 144 28,507 -- 28,675 ------- ----- -------- ------- ------- Operating income (loss)........... (24) (144) 16,480 -- 16,312 Other income (loss) Earnings from unconsolidated ------- ----- -------- ------- ------- affiliates................... -- -- 4,368 -- 4,368 Net loss on sales of assets..... (1,265) -- 395 -- (870) Other income.................... 368 -- 8 -- 376 ------- ----- -------- ------- ------- (897) -- 4,771 -- 3,874 Income (loss) before interest and ------- ----- -------- ------- ------- other charges................... (921) (144) 21,251 -- 20,186 Interest and debt income (expense)....................... 5,234 417 (13,934) -- (8,283) Minority interest................. -- -- (59) -- (59) ------- ----- -------- ------- ------- Net income...............
Guarantor Financial Information. As of June 30, 2003, our revolving credit facility, GulfTerra Holding term credit facility and senior secured term loan are guaranteed by each of our subsidiaries, excluding our unrestricted subsidiaries (Matagorda Island Area Gathering System, Arizona Gas Storage, L.L.C. and GulfTerra Arizona Gas, L.L.C., Cameron Highway Pipeline GPI, L.L.C. (CHOPS GPI), Cameron Highway Pipeline II, L.P. (CHOPS II), Cameron Highway Pipeline III, L.P. (CHOPS III), and Cameron Highway Oil Pipeline Company (Cameron Highway), and our general partner, and are collateralized by our general partner's general and administrative services agreement and substantially all of our assets. In addition, all of our senior subordinated notes are jointly, severably, fully and unconditionally guaranteed by us and all of our subsidiaries, excluding our unrestricted subsidiaries. As part of our Cameron Highway transaction, in July 2003 we sold CHOPS GPI, CHOPS II and CHOPS III and, as a result, Cameron Highway became an unconsolidated affiliate in which we have a 50 percent joint venture ownership interest. The consolidating eliminations column on our condensed consolidating balance sheets below eliminates our investment in consolidated subsidiaries, intercompany payables and receivables and other transactions between subsidiaries. The consolidating eliminations column in our condensed consolidating statements of income and cash flows eliminates earnings from our consolidated affiliates. Non-guarantor subsidiaries as of and for the quarter and six months ended June 30, 2003, consisted of our unrestricted subsidiaries. Non-guarantor subsidiaries as of and for the quarter ended June 30, 2002, consisted of our GulfTerra Holding Subsidiaries, which own the EPN Holding assets and equity interests in GulfTerra Holding. Non-guarantor subsidiaries for the quarter ended March 31, 2002 consisted of Argo and Argo I which owned the Prince TLP. As a result of our disposal of the Prince TLP and our related overriding royalty interest in April 2002, the results of operations and net book value of these assets are reflected as discontinued operations in our statements of income and assets held for sale in our balance sheets and Argo and Argo I became guarantor subsidiaries. CONDENSED CONSOLIDATING STATEMENTS OF INCOME FOR THE QUARTER ENDED JUNE 30, 2003 NON-GUARANTOR GUARANTOR CONSOLIDATING CONSOLIDATED ISSUER SUBSIDIARIES SUBSIDIARIES ELIMINATIONS TOTAL ------- ------------- ------------ ------------- ------...
Guarantor Financial Information. The Concessionaire shall cause the Guarantor to provide to the BOR the quarterly and annual financial information required to be provided pursuant to Section 7(a) of the Performance Guaranty, accompanied by a compliance certificate executed by the principal financial officer of the Guarantor (i) to the effect that (A) to his or her knowledge after reasonable investigation, the financial statements and other information being delivered to the BOR along with such certificate are true and accurate and (B) that the Guarantor met each of the financial covenants set forth in Section 9.3 as of the end of its most recent fiscal quarter and (ii) containing calculations demonstrating, based on the financial statements being delivered to the BOR along with such certificate that the Guarantor met each of the financial covenants set forth in Section 9.3 as of the end of its most recent fiscal quarter.
