Monthly and Quarterly Reports. Provider agrees to submit Performance Reports as requested and in the format required by DHS. Performance Measures listed in Exhibit E must be reported no less frequently than quarterly. Some Providers may be required to submit monthly Performance Reports; in such case, DHS shall notify Provider of same and said monthly reports shall be submitted by the 15th day of the month following the most recent month which is the subject of the report. Quarterly Performance Reports must be submitted no later than the 15th day of the month following the close of the quarter. Failure to submit such monthly or quarterly Performance Reports may cause a delay or suspension of funding. (30 ILCS 705/1 et seq.)
Monthly and Quarterly Reports. The Managers shall deliver to Owner, or to any Member upon request, within fifteen (15) days after the end of (i) each Accounting Month, and (ii) each Quarterly Period; unaudited financial statements prepared from the books of account maintained by the Managers with respect to the Crystals Component for each Accounting Month (“Monthly Statements”) and for each Quarterly Period (the “Quarterly Statements”) (the Monthly Statements and the Quarterly Statements, collectively, the “Reporting Period Statements”) containing: (a) a balance sheet as of the end of each Accounting Month and Quarterly Period; (b) an income statement showing the results of operation of the Crystals Component for each Accounting Month and Quarterly Period; and (c) a statement of, to the extent applicable to the Crystals Component, Gross Revenue, Operating Expenses and EBITDAM, to the extent regularly calculated. The Reporting Period Statements shall also show, to the extent applicable: (x) the amount of the Retail Operating Fee and/or any other fee payable to the Managers pursuant to this Agreement, earned and accrued for the fiscal period then ended, and (y) an accounting with respect to the Replacement Reserve Fund for the Crystals Component showing the amount deposited therein during the fiscal period then ended, the amounts withdrawn therefrom during such period, and a statement, in reasonable detail, showing the purpose or purposes for which such withdrawals were made or any allocations or reallocations made pursuant to Section 9.8. The Reporting Period Statements shall include, either as part of the report or by supplemental schedule, sufficient information from which Owner can determine, for the period in question, the Reimbursable Expenses paid to the Managers under Section 5.3. The cost of preparing the Reporting Period Statements for the Crystals Component for each Operating Year shall be charged as an Operating Expense of the Crystals Component.
Monthly and Quarterly Reports. As soon as practicable after the end of each month and fiscal quarter, and in any event within thirty (30) days and forty-five (45) days, respectively, thereafter, a consolidated balance sheet of the Company and its subsidiaries, if any, as of the end of each such period, consolidated statements of income, consolidated statements of changes in financial condition, a consolidated statement of cash flow of the Company and its subsidiaries and a statement of stockholders' equity for such period and for the current fiscal year to date, and setting forth in each case in comparative form the figures for corresponding periods in the previous fiscal year, and setting forth in comparative form the budgeted figures, prepared in accordance with generally accepted accounting principles (other than for accompanying notes), subject to changes resulting from year-end audit adjustments, all in reasonable detail and signed by the principal financial or accounting officer of the Company.
Monthly and Quarterly Reports. Construction Manager must provide to the Project Manager a monthly Project report generated in JPIC. The monthly report must be submitted monthly (as required by the Project Manager) and must contain complete and accurate information through the last day of the previous month. In addition to the monthly reports, the Construction Manager will draft a quarterly report, summarizing the information from the monthly reports, to be submitted to the Project Manager.
Monthly and Quarterly Reports. To each Major Holder, (i) within thirty (30) days after the end of each month, consolidated monthly unaudited financial statements (including a balance sheet and a statement of operations for the month and year-to-date, each in comparative form with the previous month) for the previous month (all prepared in accordance with generally accepted accounting principles consistently applied), and (ii) within forty-five (45) days of the end of each quarter, consolidated quarterly unaudited financial statements (including a balance sheet and a statement of operations for the quarter and year-to-date, each in comparative form with the previous quarter) for the previous quarter (all prepared in accordance with generally accepted accounting principles consistently applied), in each case with management’s analysis of results and a statement of the chief financial officer of the Corporation explaining any material differences from budget. The foregoing financial statements shall be certified by the chief executive officer or chief financial officer of the Corporation to the effect that such statements fairly present the financial position and financial results of the Corporation for the fiscal period covered.
Monthly and Quarterly Reports. As soon as available and in any event within 30 days after the end of each calendar month, consolidated and consolidating balance sheets of the Company and its Subsidiaries as of the end of such month and consolidated and consolidating statements of income and retained earnings and a summary statement of monthly cash flow of the Company and its Subsidiaries for such month and for the period commencing at the end of the previous fiscal year and ending with the end of such month, setting forth in each case in comparative form the corresponding figures for the corresponding period of the preceding fiscal year, and including comparisons to the monthly budget or business plan of the Company and an analysis of the variances from the budget or plan of the Company, prepared in accordance with generally accepted accounting principles consistently applied; and, as soon as available and in any event within 30 days after the end of each fiscal quarter, a consolidated and consolidating statements of cash flows of the Company and its Subsidiaries for such quarter and for the corresponding period of the prior fiscal year, prepared in accordance with generally accepted accounting principles consistently applied;
Monthly and Quarterly Reports. The Manager shall within thirty (30) days after the end of each calendar month and calendar quarter provide to the Class A Member the following: (i) a profit and loss statement, income statement and balance sheet of the Company for such month or quarter, including actual, budget and variance corresponding to each line item in the applicable Approved Operating Budget; and (ii) the status of year-to- date occupancy and ADR and RevPAR for the Property for such month or quarter.
Monthly and Quarterly Reports. Within 45 days after the end of each fiscal quarter, unaudited financial statements of the Company and its Subsidiaries as of the end of such fiscal quarter and statements of income and retained earnings of the Company and its Subsidiaries for such fiscal quarter, setting forth in comparative form the corresponding figures for the corresponding period of the preceding fiscal year, and including comparisons to budgets for the applicable period, a cash flow analysis for such fiscal quarter, a schedule showing each expenditure of a capital nature during such fiscal quarter, all in reasonable detail; and together with a summary discussion of the Company’s principal functional areas in reasonable detail. Within 30 days after the end of each month, unaudited financial statements of the Company and its Subsidiaries as of the end of such month and statements of income and retained earnings of the Company and its Subsidiaries for such month;
Monthly and Quarterly Reports. As soon as available and in any event not later than 30 days after the end of each calendar month (including the end of any calendar month which is also the end of a calendar quarter) and 45 days after the end of each calendar quarter, and in each case in form and substance acceptable to the Administrative Agent, (i) a copy of the internally prepared consolidated financial statements of the Borrower for such month or quarter, as the case may be, and for the fiscal year to date period ending on the last day of such month or quarter, including therein the consolidated balance sheets of the Borrower as of the end of such month or quarter and the consolidated statements of income, and cash flows for such month or quarter and for such fiscal year to date period, setting forth the consolidated financial position and results of the Borrower for such month or quarter and fiscal year to date period, all in reasonable detail and duly certified by a Responsible Officer of the Borrower as having been prepared in accordance with generally accepted accounting principles, including those applicable to interim financial reports which permit normal year end adjustments and do not require complete financial notes (it being understood that the monthly financial reports at the end of any calendar quarter may be different than the quarterly financial statements), (ii) a completed Compliance Certificate duly certified by a Responsible Officer of the Borrower, (iii) a completed Contract Status Report duly certified by a Responsible Officer of the Borrower, (iv) an aging of accounts receivable by Restricted Entity, and (v) an aging of accounts payable by Restricted Entity;
Section 11. Section 5.5 of the Credit Agreement is hereby amended to read in its entirety as follows:
Monthly and Quarterly Reports. Subject to the following sentence, the Manager shall cause to be prepared and distributed to the Members a monthly report with respect to the Venture within twenty (20) days after the last day of each month prepared in accordance with U.S. GAAP (except as set forth in the footnotes thereto and except for year-end adjustments made after the dates of such monthly reports), consistently applied, including (i) a balance sheet, (ii) a profit and loss statement, (iii) a statement showing cash distributions for such fiscal quarter and for the year to date, (iv) a statement showing computation of related-party fees and Member distributions for such month and for the year to date, (v) a report briefly describing any significant variances from the applicable budget line item in the operating plan of the Venture for each Project for the applicable Subsequent Operating Plan and (vi) the other reports identified on Exhibit D, and within ten (10) days after the last day of each month, the requested electronic downloads in the format described in Exhibit E to the extent available. During the months following the end of each fiscal quarter of the Venture (January, April, July and October) the Manager shall cause to be prepared and delivered, by the twentieth (20th) day of such month, the financial statements set forth in clauses (i) through (iv) of this Section 13.2 for the prior fiscal quarter. In lieu of the financial statements set forth in clauses (i) through (iv) of this Section 13.2, the Manager may cause to be prepared and distributed to each of the Members combined financial statements of the Venture and each other venture in which such Member (or its Affiliate) has invested with such other Member (or its Affiliate), prepared in accordance with U.S. GAAP (except as set forth in the footnotes thereto and except for year-end adjustments made after the dates of such monthly reports), consistently applied, including (A) a combined balance sheet, (B) a combined profit and loss statement, (C) a combined statement showing cash distributions for such fiscal quarter and year to date, and (D) a combined statement of related party fees and distributions to each Member (or its Affiliate) for such fiscal quarter and for the year to date.
