Common use of Monthly Financials Clause in Contracts

Monthly Financials. To Agent and Lenders, within thirty (30) days after the end of each Fiscal Month, financial information regarding Holdings and its Subsidiaries, certified by the Chief Financial Officer of Borrower Representative, consisting of consolidated and consolidating (i) unaudited balance sheets as of the close of such Fiscal Month and the related consolidated and consolidating statement of income and consolidated statement of cash flows for that portion of the Fiscal Year ending as of the close of such Fiscal Month and (ii) unaudited statements of income and cash flows for such Fiscal Month, setting forth in comparative form the figures for the corresponding period in the prior year and the figures contained in the Projections for such Fiscal Year, all prepared in accordance with GAAP (subject to normal year-end adjustments). Such financial information shall be accompanied by a certification of the Chief Financial Officer of Borrower Representative that (x) such financial information presents fairly in all material respects in accordance with GAAP (subject to normal year-end adjustments) the financial position and results of operations of Holdings and its Subsidiaries, on a consolidated and consolidating basis, in each case as at the end of such Fiscal Month and for that portion of the Fiscal Year then ended and (y) any other information presented is true, correct and complete in all material respects and that there was no Event of Default in existence as of such time or, if an Event of Default has occurred and is continuing, describing the nature thereof and all efforts undertaken to cure such Event of Default. In addition, the financial information for the last month of each Fiscal Quarter shall be accompanied by (A) a Compliance Certificate and (B) a management discussion and analysis that includes a comparison to budget for that Fiscal Quarter and a comparison of performance for that Fiscal Quarter to the corresponding period in the prior year.

Monthly Financials. To Agent and Lenders, within thirty (30) days after the end of each Fiscal MonthMonth (other than January), financial information regarding Holdings Borrowers and its their Subsidiaries, certified by the Chief Financial Officer chief financial officer or treasurer of Borrower Representative, consisting of consolidated and consolidating (i) unaudited balance sheets as of the close of such Fiscal Month and the related consolidated and consolidating statement statements of income and consolidated statement of cash flows for that portion of the Fiscal Year ending as of the close of such Fiscal Month and Month; (ii) unaudited statements of income and cash flows for such Fiscal Month, setting forth in comparative form the figures for the corresponding period in the prior year and the figures contained in the Projections for such Fiscal Year, all prepared (other than the Projections) in accordance with GAAP (subject to normal year-end adjustments); (iii) a summary of the outstanding balance of all Intercompany Notes as of the last day of that Fiscal Month; and (iv) a summary of the total Net Sales as of the last day of that Fiscal Month for such Fiscal Month and for the Fiscal Year to date. Such financial information shall be accompanied by a the certification of the Chief Financial Officer chief financial officer or treasurer of Borrower Representative that (xi) such financial information presents fairly in all material respects in accordance with GAAP (subject to normal year-end adjustments) the financial position and results of operations of Holdings Borrowers and its their Subsidiaries, on a consolidated and consolidating basis, in each case as at the end of such Fiscal Month and for that portion of the Fiscal Year then ended and (yii) any other information presented is true, correct and complete in all material respects and that there was no Default or Event of Default in existence as of such time or, if an a Default or Event of Default has occurred and is continuing, describing the nature thereof and all efforts undertaken to cure such Default or Event of Default. In addition, the financial information for the last month of each Fiscal Quarter shall be accompanied by (A) a Compliance Certificate and (B) a management discussion and analysis that includes a comparison to budget for that Fiscal Quarter and a comparison of performance for that Fiscal Quarter to the corresponding period in the prior year.

Monthly Financials. To Agent and Lenders, within thirty (30) days after the end of each Fiscal Month, financial information regarding Holdings and its Subsidiaries, certified by the Chief Financial Officer of Borrower Representative, consisting of consolidated and consolidating (i) unaudited balance sheets as of the close of such Fiscal Month and the related consolidated and consolidating statement of income and consolidated statement of cash flows for that portion of the Fiscal Year ending as of the close of such Fiscal Month and (ii) unaudited statements of income and cash flows for such Fiscal Month, setting forth in comparative form the figures for the corresponding period in the prior year and the figures contained in the Projections for such Fiscal Year, all prepared in accordance with GAAP (subject to normal year-end adjustments). Such financial information shall be accompanied by a the certification of the Chief Financial Officer of Borrower Representative that (xi) such financial information presents fairly in all material respects in accordance with GAAP (subject to normal year-end adjustments) the financial position and results of operations of Holdings and its Subsidiaries, on a consolidated and consolidating basis, in each case as at the end of such Fiscal Month and for that portion of the Fiscal Year then ended and (yii) any other information presented is true, correct and complete in all material respects and that there was no Event of Default in existence as of such time or, if an Event of Default has occurred and is continuing, describing the nature thereof and all efforts undertaken to cure such Event of Default. In addition, the financial information for the last month of each Fiscal Quarter shall be accompanied by (A) a Compliance Certificate and (B) a management discussion and analysis that includes a comparison to budget for that Fiscal Quarter and a comparison of performance for that Fiscal Quarter to the corresponding period in the prior year.

Monthly Financials. To Agent and Lenders, within thirty (30) days after the end of each Fiscal MonthMonth (other than January), financial information regarding Holdings Borrowers and its their Subsidiaries, certified by the Chief Financial Officer chief financial officer or treasurer of Borrower Representative, consisting of consolidated and consolidating (i) unaudited balance sheets as of the close of such Fiscal Month and the related consolidated and consolidating statement statements of income and consolidated statement of cash flows for that portion of the Fiscal Year ending as of the close of such Fiscal Month and Month; (ii) unaudited statements of income and cash flows for such Fiscal Month, setting forth in comparative form the figures for the corresponding period in the prior year and the figures contained in the Projections for such Fiscal Year, all prepared (other than the Projections) in accordance with GAAP (subject to normal year-end adjustments); (iii) a summary of the outstanding balance of all Intercompany Notes as of the last day of that Fiscal Month; and (iv) a summary of the total Net Sales net sales as of the last day of that Fiscal Month for such Fiscal Month and for the Fiscal Year to date. Such financial information shall be accompanied by a the certification of the Chief Financial Officer chief financial officer or treasurer of Borrower Representative that (xi) such financial information presents fairly in all material respects in accordance with GAAP (subject to normal year-end adjustments) the financial position and results of operations of Holdings Borrowers and its their Subsidiaries, on a consolidated and consolidating basis, in each case as at the end of such Fiscal Month and for that portion of the Fiscal Year then ended and (yii) any other information presented is true, correct and complete in all material respects and that there was no Default or Event of Default in existence as of such time or, if an a Default or Event of Default has occurred and is continuing, describing the nature thereof and all efforts undertaken to cure such Default or Event of Default. In addition, the financial information for the last month of each Fiscal Quarter shall be accompanied by (A) a Compliance Certificate and (B) a management discussion and analysis that includes a comparison to budget for that Fiscal Quarter and a comparison of performance for that Fiscal Quarter to the corresponding period in the prior year.

Monthly Financials. To Agent As soon as available and Lenders, in any event within thirty (30) 30 days after the end of each Fiscal Monthmonth (other than for each month on which a fiscal quarter is also ending, financial information regarding Holdings in which event such financials shall be delivered within 45 days), commencing June 30, 1998, Consolidated and consolidating balance sheets the Borrower and its Subsidiaries, certified by the Chief Financial Officer of Borrower Representative, consisting of consolidated and consolidating (i) unaudited balance sheets Subsidiaries as of the close end of such Fiscal Month month and the related consolidated Consolidated and consolidating statement of income and consolidated statement of cash flows for that portion of the Fiscal Year ending as of the close of such Fiscal Month and (ii) unaudited statements of income of the Borrower and its Subsidiaries and Consolidated statements of cash flows flow of the Borrower and its Subsidiaries for the period commencing at the end of the previous month and ending with the end of such month and Consolidated and consolidating statements of income of the Borrower and its Subsidiaries and Consolidated statements of cash flow of each of the Borrower and its Subsidiaries for the period commencing at the end of the previous Fiscal MonthYear and ending with the end of such month, setting forth in each case in comparative form the corresponding figures for the corresponding period in month of the prior year preceding Fiscal Year and the corresponding figures contained in for the Projections for such Fiscal Yearcorresponding month of the current annual forecast, all prepared in accordance with GAAP reasonable detail and duly certified (subject to normal year-end audit adjustments). Such ) by the chief financial information shall be accompanied by a certification officers of the Chief Financial Officer of Borrower Representative that Borrower, together with (xi) such financial information presents fairly in all material respects in accordance with GAAP (subject to normal year-end adjustments) the financial position and results of operations of Holdings and its Subsidiaries, on a consolidated and consolidating basis, in each case as at the end of such Fiscal Month and for that portion certificate of the Fiscal Year then ended chief financial officers of the Borrower stating that no Default has occurred and (y) any other information presented is true, correct and complete in all material respects and that there was no Event of Default in existence as of such time continuing or, if an Event of a Default has occurred and is continuing, describing a statement as to the nature thereof and all efforts undertaken the action that the Borrower has taken and proposes to cure such Event of Default. In additiontake with respect thereto, the financial information for the last month of each Fiscal Quarter shall be accompanied by (A) a Compliance Certificate and (Bii) a management discussion and analysis that includes a comparison to budget for that Fiscal Quarter and a comparison of performance for that Fiscal Quarter to the corresponding period in the prior yearevent of any change from GAAP in the generally accepted accounting principles used in the preparation of such financial statements, a statement of reconciliation conforming such financial statements to GAAP.

Monthly Financials. To Agent and Lenders, within thirty forty-five (3045) days after the end of each Fiscal Month, financial information regarding Holdings Borrowers and its their Subsidiaries, certified by the Chief Financial Officer of Borrower Representative, consisting of consolidated and consolidating (i) unaudited balance sheets as of the close of such Fiscal Month and the related consolidated and consolidating statement statements of income and consolidated statement of cash flows for that portion of the Fiscal Year ending as of the close of such Fiscal Month Month; and (ii) unaudited statements of income and cash flows for such Fiscal Month, setting forth in comparative form the figures for the corresponding period in the prior year (done on a pro forma basis giving effect to the Acquisition) and the figures contained in the Projections for such Fiscal Year, all prepared in accordance with GAAP (subject to normal year-end adjustments). Such financial information shall be accompanied by a the certification of the Chief Financial Officer of Borrower Representative that (xi) such financial information presents fairly in all material respects in accordance with GAAP (subject to normal year-end adjustments) the financial position and results of operations of Holdings Borrowers and its their Subsidiaries, on a consolidated and consolidating basis, in each case as at the end of such Fiscal Month and for that portion of the Fiscal Year then ended and (yii) any other information presented is true, correct and complete in all material respects and that there was no Default or Event of Default in existence as of such time or, if an a Default or Event of Default has occurred and is continuing, describing the nature thereof and all efforts undertaken to cure such Default or Event of Default. In addition, the financial information for the last month of each Fiscal Quarter shall be accompanied by (A) a Compliance Certificate and (B) a management discussion and analysis that includes a comparison to budget for that Fiscal Quarter and a comparison of performance for that Fiscal Quarter to the corresponding period in the prior year.