Common use of Monthly Facility Reports Clause in Contracts

Monthly Facility Reports. Within thirty (30) days after the end of each calendar month during the Term, Tenant shall prepare and deliver monthly financial reports to Landlord consisting of a balance sheet, income statement, total patient days, occupancy and payor mix concerning the business conducted at each Facility. Without limitation, such reports shall clearly state Gross Revenues for the applicable period. These reports will be accompanied by a statement signed by the President, Chief Financial Officer, Principal Accounting Officer, Controller, Executive Vice President, Development, or other officer of Tenant or the current Manager of the Facility as approved by Landlord in writing, certifying that said reports are true, correct, and complete in all material respects after due inquiry.

Appears in 2 contracts

Samples: Master Lease and Security Agreement (Balanced Care Corp), Master Lease and Security Agreement (Balanced Care Corp)

AutoNDA by SimpleDocs

Monthly Facility Reports. Within thirty (30) days after the end of each calendar month during the Term, Tenant shall prepare and deliver monthly financial reports to Landlord consisting of a balance sheet, income statement, total patient days, occupancy and payor mix concerning the business conducted at each Facilitythe Premises. Without limitation, such reports shall clearly state Gross Revenues for the applicable period. These reports will be accompanied by a statement signed by the President, Chief Financial Officer, Principal Accounting Officer, Controller, Executive Vice President, Development, or other officer of Tenant or the current Manager manager of the Facility as approved by Landlord in writing, certifying that said reports are true, correct, and complete in all material respects after due inquiry.

Appears in 2 contracts

Samples: Lease and Security Agreement (Balanced Care Corp), Lease and Security Agreement (Balanced Care Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!