Common use of Interim Statements Clause in Contracts

Interim Statements. As soon as available, but in no event later than 45 days after the end of each fiscal quarter, Borrower's balance sheet and profit and loss statement for the period ended, prepared by Borrower. All financial reports required to be provided under this Agreement shall be prepared in accordance with GAAP, applied on a consistent basis, and certified by Borrower as being true and correct.

Appears in 3 contracts

Samples: Business Loan Agreement (Macc Private Equities Inc), Business Loan Agreement (Chicago Pizza & Brewery Inc), Business Loan Agreement (Portfolio Recovery Associates Inc)

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Interim Statements. As soon as available, but in no event later than 45 15 days after the end of each fiscal quarter, . Borrower's balance sheet and profit and loss statement for the period ended, prepared by Borrower. All financial reports required to be provided under this Agreement shall be prepared in accordance with GAAP, applied on a consistent basis, and certified by Borrower as being true and correct.

Appears in 1 contract

Samples: Business Loan Agreement (Marketing Worldwide Corp)

Interim Statements. As soon as available, but in no event later than 45 40 days after the end of each fiscal quarter, Borrower's balance sheet and profit and loss statement for the period ended, prepared by Borrower. ADDITIONAL REQUIREMENTS. BORROWING BASE CERTIFICATE & ACCOUNTS RECEIVABLE AGING ARE REQUIRED ONLY WHEN THE LINE IS IN USE. All financial reports required to be provided under this Agreement shall be prepared in accordance with GAAP, applied on a consistent basis, and certified by Borrower as being true and correct.

Appears in 1 contract

Samples: Business Loan Agreement (Visionics Corp)

Interim Statements. As soon as available, but in no event later than 45 thirty (30) days after the end of each fiscal quarter, Borrower's balance sheet and profit and loss statement for the period ended, prepared by BorrowerBorrower in form satisfactory to Lender. Additional Requirements. MONTHLY ACCOUNTS RECEIVABLE AGING REPORT, ACCOUNTS PAYABLE AGING REPORT, INVENTORY REPORT AND BORROWING BASE CERTIFICATE REQUIRED. All financial reports required to be provided under this Agreement shall be prepared in accordance with GAAP, applied on a consistent basis, and certified by Borrower as being true and correct.

Appears in 1 contract

Samples: Business Loan Agreement (Elecsys Corp)

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Interim Statements. As soon as available, but in no event later than 45 SIXTY (60) days after the end of each fiscal quarter, Borrower's balance sheet and profit and loss statement for the period ended, prepared by BorrowerXxxxxxxx. All financial reports required to be provided under this Agreement shall be prepared in accordance with GAAP, applied on a consistent BUSINESS LOAN AGREEMENT (ASSET BASED) (CONTINUED) PAGE 4 basis, and certified by Borrower as is being true and correct.

Appears in 1 contract

Samples: Loan Agreement (Craftmade International Inc)

Interim Statements. As soon as available, but in no event later than 45 ninety (90) days after the end of each fiscal quarter, Borrower's balance sheet and profit and loss statement for the period ended, prepared audited by Borrowera certified public accountant satisfactory to Lender. All financial Financial reports required to be provided under this Agreement shall be prepared in accordance with GAAP, applied on a consistent basis, and certified by Borrower as being true and correct. ADDITION INFORMATION. Furnish such additional information and statements, as Lender ,may request from time to time.

Appears in 1 contract

Samples: Loan Agreement (Wellington Hall LTD)

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