Lessee's Financial Condition. Within ten (10) days after written request from Lessor, Lessee shall deliver to Lessor such financial statements as are reasonably required by Lessor to verify the net worth of Lessee, or any assignee, or guarantor of Lessee. In addition Lessor shall deliver to any lender designated by Lessor any financial statements required by such lender to facilitate the financing or refinancing of the leased premises. Lessee represents and warrants to Lessor that each such financial statement is a true, complete, and accurate statement as of the date of such statement. All financial statements shall be confidential and shall be used only for the purposes set forth herein.
Lessee's Financial Condition. Lessee shall provide Lessor with annual summary financial reports, with format to be agreed upon by both parties for Xxxxxx’s operations upon each anniversary of this Lease, as well as any annual audit or financial compilation prepared by a certified public accountant (CPA) within 10 days after such audit or financial compilation is prepared in its final format by the CPA. Additionally, within ten (10) days after written request from Lessor, Lessee shall deliver to Lessor such monthly summary financial reports as are reasonably required by Lessor to verify Lessee’s financial health, including the net worth of Lessee, or any proposed assignee, subtenant, or guarantor of Lessee. Lessee represents and warrants to Lessor that each such financial report or statement is a true and accurate statement as of the date of such statement. All financial information provided to Lessor hereunder to verify the financial health of Lessee at the time provided shall be confidential and shall be used by Lessor only for the purposes set forth herein.
Lessee's Financial Condition. Within ten (10) days after written request from Lessor, Lessee shall deliver to Lessor the most recent financial statements that are reasonably required by Lessor to verify the net worth of Lessee, and any guarantor or any assignee or sub-Lessee. Lessee shall also sign any document necessary to allow a credit report by any credit agency on Lessee and its guarantors to be obtained by Lessor, its agents and employees including attorneys. In addition, Lessee shall deliver to any lender designated by Lessor any financial statements required by such lender to facilitate the financing or refinancing of the Property. Lessee represents and warrants to Lessor that each such financial statement will be a true and accurate statement as of the date of such statement. All financial statements shall be confidential and shall be used only for the purposes set forth herein.
Lessee's Financial Condition. If Lessee shall make a general assignment for the benefit of creditors, or shall file a petition in bankruptcy, or shall be adjudicated as bankrupt or insolvent, or shall file a petition seeking any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief under any present or future statute, law or regulation, or shall file an answer admitting or shall fail seasonably to contest the material allegations of a petition filed against it in any such proceeding, or shall seek or consent to or acquiesce in the appointment of any trustee, receiver or liquidator of Lessee or any material part of its properties.
Lessee's Financial Condition. Within ten (10) business days after written request from Lessor, Lessee shall deliver to Lessor such financial statements as are reasonably required by Lessor to verify the net worth of any assignee, sub-lessee, or guarantor of Lessee. In addition, Lessee shall deliver to any lender designated by Lessor any financial statements, within ten (10) business days, required by such lender to facilitate the financing or refinancing of the Property. Lessee represents and warrants to Lessor that each such financial statement is a true and accurate statement as of the date of such Statement. Any assignee, sublessee, or guarantee must be a permitted assignee or sublessee. All financial statements shall be confidential and shall be used only for the purpose set forth herein.
