Monthly Financial Statements and Reports. Furnish to the Administrative Agent and each Lender, as soon as available and in any event within thirty (30) days after the end of each month, an unaudited consolidated balance sheet of the Borrower and its Subsidiaries as of the end of such month, the related consolidated statement of income of the Borrower and its Subsidiaries for such month and a schedule of Service Contract operating margins for such month, certified by a Responsible Officer of the Borrower, together with a certificate of a Responsible Officer of the Borrower stating that no Default has occurred and is continuing or, if in the opinion of such officer, a Default has occurred and is continuing, a statement as to the nature thereof and the action that the Borrower proposes to take with respect thereto.
Monthly Financial Statements and Reports. Furnish to the Agent within 30 days after the end of each month a copy for each Lender of a balance sheet of the Company as of the end of such month and a related statement of income for the period from the beginning of the fiscal year to the end of such month, prepared in accordance with GAAP, subject to normal year-end adjustments. Such monthly financial statements shall be accompanied by (a) a Borrowing Base Certificate as of the last day of such month and (b) a Compliance Certificate as of the last day of such month.
Monthly Financial Statements and Reports. Furnish to the Administrative Agent and each Lender (a) as soon as available and in any event within thirty (30) days after the end of each month (other than the last month in a Fiscal Quarter, in which case the period shall be forty-five (45) days), an unaudited consolidated balance sheet of the Borrower and its Subsidiaries as of the end of such month, the related consolidated statement of income of the Borrower and its Subsidiaries for such month and a schedule of Service Contract operating margins for such month, certified by a Responsible Officer of the Borrower, together with a certificate of a Responsible Officer of the Borrower stating that no Default has occurred and is continuing or, if in the opinion of such officer, a Default has occurred and is continuing, a statement as to the nature thereof and the action that the Borrower proposes to take with respect thereto, and (b) within thirty (30) days after the end of each month, a certificate of a Responsible Officer of the Borrower calculating the Facilities Credit Base as of the end of such month.
Monthly Financial Statements and Reports. Furnish to the Administrative Agent and each Lender, as soon as available and in any event within thirty (30) days after the end of each month, an unaudited consolidated balance sheet of the Borrower and its Subsidiaries as of the end of such month and the related consolidated statement of income of the Borrower and its Subsidiaries for such month, certified by a Responsible Officer of the Borrower.
Monthly Financial Statements and Reports. VSI and Seller shall deliver to Buyer unaudited financial statements (including a consolidated balance sheet, consolidated statement of operations, consolidated statement of cash flows, and consolidated statement of stockholders' equity) and other operating reports for each month beginning with July 1998 and ending with the month preceding the month during which the Closing occurs. Such financial statements and operating reports shall be delivered to Buyer no later than twenty business days after the end of the month the subject thereof and shall be subject to no warranty or representation of Seller or VSI.
Monthly Financial Statements and Reports. So long as Purchaser holds the Note or the Conversion Shares, as soon as practicable after the end of each calendar month, and in any event within forty five (45) days thereafter, the Company will furnish Purchaser an unaudited balance sheet of the Company, as at the end of such calendar month, and an unaudited statement of income and an unaudited statement of cash flows of the Company, for such calendar month, all prepared in accordance with generally accepted accounting principles consistently applied (except as noted therein) and a management report describing updates as to the Company’s achievement of milestones, all in reasonable detail.
Monthly Financial Statements and Reports. As soon as available and in any event within 30 days after the end of each calendar month of each fiscal year of Borrower, (i) a consolidated balance sheet and consolidated statements of income and shareholders' equity (including itemization of Capital Expenditures and all capital leases, Synthetic Leases and operating leases entered into by any Consolidated Company) for such month, presented on a consolidated basis, all in reasonable detail and certified by the chief financial officer or principal accounting officer of Borrower that such financial statements fairly present in all material respects the results of operations and cash flows for such monthly period (subject to normal year-end audit adjustments), (ii) utilization reports for automated luminaires, by location, in such detail as the Agent may reasonable request, and (iii) together with the financial statements required pursuant to clause (i) above, a certificate of a member of Senior Management of Borrower (x) to the effect that, based upon a review of the activities of the Consolidated Companies and such financial statements during the period covered thereby, there exists no Event of Default and no Default under this Agreement, or if there exists an Event of Default or a Default hereunder, specifying the nature thereof and the proposed response thereto, (y) demonstrating in reasonable detail compliance as at the end of such calendar month with Section 6.08(e), and (z) describing in reasonable detail (including whether such restructuring charges are cash or non-cash) any restructuring charges recognized by the Consolidated Companies in connection with consolidating operations, closing or relocating facilities, terminating or relocating employees, and other similar actions taken to reduce costs; and
1.7 SECTION 6.08 of the Credit Agreement is hereby amended by deleting said SECTION 6.08 in its entirety and substituting in lieu thereof the following SECTION 6.08:
Monthly Financial Statements and Reports. 72 8.1.4 GAAP...........................................72
Monthly Financial Statements and Reports. (i) As soon as available, but in any event not later than 30 days after the end of each fiscal month of each fiscal year of the Parent Guarantor, its consolidated income statements, balance sheets and year-to-date detail of capital expenditures and workovers, as of the end of and for such fiscal month and the then elapsed portion of the fiscal year, setting forth in each case in comparative form the figures for the corresponding period or periods of (or, in the case of the balance sheet, as of the end of) the previous fiscal year, all certified by one of its Financial Officers as presenting fairly in all material respects the financial condition and results of operations of the Parent Guarantor and its Consolidated Subsidiaries on a consolidated basis in accordance with GAAP consistently applied, subject to normal year-end audit adjustments and the absence of footnotes and (ii) a report from the Parent Guarantor and the Borrower in a form reasonably acceptable to the Administrative Agent setting forth (A) the previous month’s production of each of crude oil and natural gas and (B) the prices at which sales of such production were made and the revenue derived from such sales.
Monthly Financial Statements and Reports. Within 30 days after the end of each calendar month, a balance sheet of the Company as of the end of such quarter, together with related statements of operations and a comparison to the Annual Budget.
