Monthly, Quarterly and Annual Reports Sample Clauses

Monthly, Quarterly and Annual Reports. Manager shall (a) maintain the books and records of the Company and the Subtier Entities using Intuit Real Estate Solutions (formerly known as “MRI”) software (or other software that may be approved by Investor Member from time to time in its sole discretion) and in a manner (and at Investor Member’s cost) that complies with Sarbanes Oxley, (b) prepare and distribute to the Members monthly financial statements to be prepared on a both a cash and accrual, U.S. GAAP basis of accounting that cover the period (the “Reporting Period”) commencing on the 21st day of each calendar month through the 20th day of the next succeeding calendar month, which (1) cash basis financial statements shall be distributed on the 25th day of each calendar month for the most current Reporting Period and shall be in the form of the monthly financial statement attached hereto as Exhibit D, and which (2) accrual U.S. GAAP basis financial statements shall be distributed on the first (1st) business day following the end of the calendar month in the form of the monthly accrual, U.S. GAAP monthly financial statement attached hereto as Exhibit D, and ( c ) prepare and distribute to the Members annual audited financial statements to be performed by Ernst & Young, L.P. within sixty ( 60 ) days following the end of the Company’s and the Subtier Entities’ Fiscal Year. Manager shall retain, at the Company’s expense, Ernst & Young, L.P. to prepare annual tax returns within ninety (90) days following the end of the Company’s and the Subtier Entities’ Fiscal Year and provide to the Members copies of all financial statements and reports required to be provided under this Agreement. Ernst & Young has been approved by the Members as the accountant for the Company and the Subtier Entities.
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Monthly, Quarterly and Annual Reports. (a) The Managing Member shall prepare and distribute to the Members within 10 days after the end of each month a statement setting forth calculations of (i) Total Debt, (ii) Short Term Debt, (iii) Cash Flow, (iv) the Initial Preferred Member Fixed Charge Coverage Ratio, (v) the aggregate Unreturned Capital Contributions of the Common Members, (vi) the aggregate Unreturned Capital Contributions of the Preferred Members and (vii) Total Capitalization. (b) The Managing Member shall prepare and distribute to the Members within 25 days after the end of each fiscal quarter a year-to-date consolidated report with respect to the Company (with the last month of each such report comprised of forecasted, rather than actual, results), prepared in accordance with GAAP, consistently applied together with the independent accountant’s report, including (i) a balance sheet, (ii) a profit and loss statement, (iii) a statement of changes in the Members’ Capital Accounts and (iv) calculations in sufficient detail to verify the accuracy of all fees and other amounts paid or payable to the Managing Member or its Affiliates. (c) The Managing Member shall prepare and distribute to the Members within 55 days after the end of each fiscal year audited financial statements with respect to the Company. Such financial statements shall be prepared in accordance with GAAP and shall be audited at the Company’s expense by PricewaterhouseCoopers LLP, KPMG LLP or such other nationally recognized firm of independent certified public accountants approved by the Advisory Committee pursuant to the terms hereof. All reports delivered pursuant to this Section 8.2 shall also include unaudited calculations in sufficient detail to verify the accuracy of all distributions paid by the Company. (d) So long as Inland is a Member, the Managing Member shall prepare and distribute such other reports, statements and information regarding the Company and any Loan Assets as Inland may reasonably request from time to time.
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Monthly, Quarterly and Annual Reports. Manager shall (a) maintain the books and records of the Company using such software that may be approved by Investor Member from time to time in its reasonable discretion and (b) prepare and distribute to the Members the following: 3.3.1 on an annual basis, within 120 days after the end of each Fiscal Year, (i) an unaudited balance sheet and related statement of operations of the Company and (ii) a statement of such Member’s Capital Account, including such Member’s allocation and share of Net Profits and Net Loss and special allocations pursuant to Section 4.3 and Section 4.4 for such Fiscal Year; 3.3.2 on a quarterly basis, within 30 days after the end of each calendar quarter (provided that the period beginning on the date hereof and ending on March 31, 2012, shall be deemed to constitute the first calendar quarter for purposes of this Section 3.3.2), an unaudited balance sheet and related statement of operations of the Company and its Subsidiaries; 3.3.3 within 30 days after each calendar month (provided that the period beginning on the date hereof, and ending on January 31, 2012, shall be deemed to constitute the first calendar month for purposes of this Section 3.3.3), an unaudited balance sheet and related statement of operations of the Company. All such financial statements shall be prepared on an accrual, U.S. GAAP basis of accounting. Manager shall also provide to the Members (x) such supporting schedules, reports and backup information with respect to such financial information as may be reasonably requested by the Members and (y) copies of such additional reports and statements as may be prepared on behalf of the Subtier Entities and received by Manager, or received by Manager for the Company or the Subtier Entities from any asset manager or property manager with respect to any of the Properties. Manager shall retain, at the Company’s expense, Ernst & Young, L.P. to prepare annual tax returns within ninety (90) days following the end of the Company's Fiscal Year and provide to the Members copies of all financial statements and reports required to be provided under this Agreement. Ernst & Young has been approved by the Members as the accountant for the Company.
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Related to Monthly, Quarterly and Annual Reports

  • Quarterly and Annual Reconciliation 10.6.1 The Parties acknowledge that all payments made against Monthly Bills and Supplementary Bills shall be subject to quarterly reconciliation within 30 days of the end of the quarter at the beginning of the following quarter of each Contract Year and annual reconciliation at the end of each Contract Year within 30 days to take into account the Energy Accounts, Tariff adjustment payments, Tariff Rebate, Late Payment Surcharge, or any other reasonable circumstance provided under this Agreement. 10.6.2 The Parties, therefore, agree that as soon as all such data in respect of any quarter of a Contract Year or a full Contract Year as the case may be has been finally verified and adjusted, the SPD and SECI shall jointly sign such reconciliation statement. Within fifteen (15) days of signing of a reconciliation statement, the SPD shall make appropriate adjustments in the next Monthly Bill. Late Payment Surcharge/ interest shall be payable in such a case from the date on which such payment had been made to the invoicing Party or the date on which any payment was originally due, as may be applicable. Any Dispute with regard to the above reconciliation shall be dealt with in accordance with the provisions of Article 16.

  • Quarterly Statements As soon as available and in any event within 45 days after the end of each quarterly fiscal period (except the last) of each fiscal year, copies of: (1) consolidated balance sheets of the Company and its Consolidated Subsidiaries as of the close of such quarterly fiscal period, setting forth in comparative form the consolidated figures for the fiscal year then most recently ended, (2) consolidated statements of operations of the Company and its Consolidated Subsidiaries for such quarterly fiscal period and for the portion of the fiscal year ending with such quarterly fiscal period, in each case setting forth in comparative form the consolidated figures for the corresponding periods of the preceding fiscal year, and (3) consolidated statements of changes in net assets and cash flows of the Company and its Consolidated Subsidiaries for the portion of the fiscal year ending with such quarterly fiscal period, setting forth in comparative form the consolidated figures for the corresponding period of the preceding fiscal year, all in reasonable detail and certified as complete and correct by a Senior Financial Officer of the Company;

  • Plan Annual Reports Promptly and in any event within 30 days after the filing thereof with the Internal Revenue Service, copies of each Schedule B (Actuarial Information) to the annual report (Form 5500 Series) with respect to each Plan.

  • Quarterly Financial Reports The School shall prepare and submit quarterly financial reports to the Commission within 45 days of the end of each fiscal year quarter.

  • Quarterly Sales Reports The Contractor shall submit a completed Quarterly Sales Report electronically, in the required format, to the Department’s Contract Manager within thirty (30) calendar days after close of each quarter. The quarterly sales report can be found here: xxxxx://xxx.xxx.xxxxxxxxx.xxx/business_operations/ state_purchasing/vendor_resources/quarterly_sales_report_format. The Contract Quarterly Sales Report will include all sales and orders associated with this Contract from Customers received during the reporting period. Initiation and submission of the Sales Report is the responsibility of the Contractor without prompting or notification from the DMS Contract Manager. Failure to provide the quarterly sales report will result in the imposition of financial consequences and may result in the Contractor being found in default and the termination of the Contract. Initiation and submission of the quarterly sales report are the responsibility of the Contractor without prompting or notification by the Department. Sales will be reviewed on a quarterly basis. If no sales are recorded during the period, the Contractor must submit a report stating that there was no activity. If no sales are recorded in two consecutive quarters, the Contractor may be placed in probationary status or the Department may terminate the Contract. Quarter 1 – (July-September) – due 30 calendar days after the close of the period Quarter 2 – (October-December) – due 30 calendar days after the close of the period Quarter 3 – (January-March) – due 30 calendar days after the close of the period Quarter 4 – (April-June) due 30 calendar days after the close of the period Exceptions may be made if a delay in submitting reports is attributable to circumstances that are clearly beyond the control of the Contractor. The burden of proof of unavoidable delay shall rest with the Contractor and shall be supplied in a written form and submitted to the Department. The Department reserves the right to request additional sales information as needed.

  • Quarterly Report 5.1 Upon request, the contractor shall provide to the Purchasing Agent a quarterly report, showing all purchases made under the terms and conditions of the contract. 5.2 Such quarterly report shall itemize the following information: 1. Each ordering department. 2. Items and quantities purchased by department. 3. Total dollar amount of purchases by department.

  • Contract Quarterly Sales Reports The Contractor shall submit complete Quarterly Sales Reports to the Department’s Contract Manager within 30 calendar days after the close of each State fiscal quarter (the State’s fiscal quarters close on September 30, December 31, March 31, and June 30). Reports must be submitted in MS Excel using the DMS Quarterly Sales Report Format, which can be accessed at xxxxx://xxx.xxx.xxxxxxxxx.xxx/business_operations/ state_purchasing/vendor_resources/quarterly_sales_report_format. Initiation and submission of the most recent version of the Quarterly Sales Report posted on the DMS website is the responsibility of the Contractor without prompting or notification from the Department’s Contract Manager. If no orders are received during the quarter, the Contractor must email the DMS Contract Manager confirming there was no activity.

  • Annual Reports Within one hundred twenty (120) days after the last day of each fiscal year of Holdings commencing with the fiscal year ending December 31, 2018 (but one hundred fifty (150) days for the fiscal year ending December 31, 2018), a copy of the consolidated balance sheet of Holdings and its Restricted Subsidiaries as of the last day of the fiscal year then ended and the consolidated statements of income and cash flows of Holdings and its Restricted Subsidiaries for the fiscal year then ended, and accompanying notes thereto, each in reasonable detail showing in comparative form the figures for the previous fiscal year (starting with the fiscal year ending December 31, 2019) accompanied in the case of the consolidated financial statements by an opinion of an independent public accounting firm of recognized national standing or other accounting firm selected by the Borrower and reasonably acceptable to the Administrative Agent (which opinion shall be unqualified as to scope, subject to the proviso below) to the effect that the consolidated financial statements have been prepared in accordance with GAAP and present fairly in all material respects the consolidated financial condition and results of operations and cash flows of Holdings and its Restricted Subsidiaries as of the close of and for such fiscal year; provided that such financial statements shall not contain a “going concern” qualification or statement, except to the extent that such a “going concern” qualification or statement relates to (A) the report and opinion accompanying the financial statements for the fiscal year ending immediately prior to the stated final maturity date of the Loans, Permitted Pari Passu Refinancing Debt, Permitted Unsecured Refinancing Debt or Permitted Junior Refinancing Debt and which qualification or statement is solely a consequence of such impending stated final maturity date or (B) any potential inability to satisfy the Financial Covenants, or any financial covenant under any other Indebtedness on a future date or in a future period; in each case, such financial statements shall be accompanied by a customary management discussion and analysis of the financial performance of Holdings and its Restricted Subsidiaries;

  • Quarterly As of the last day of each Fiscal Quarter.

  • Monthly Financial Reports Manager shall cause to be prepared and delivered to Tenant reasonably detailed unaudited monthly operating reports (the “Monthly Reports”) that reflect the operational results of the Managed Facility for each month of each Operating Year. Manager shall deliver each Monthly Report to Tenant on or before the twenty fifth (25th) day of the month following the month (or partial month) to which such Monthly Report relates. At a minimum, the Monthly Reports shall include: (a) a balance sheet including current and prior month and prior year-end comparisons (to the extent applicable) and differences in reasonable detail; (b) an income and expense statement for such month and for the elapsed portion of the current Operating Year through the end of such month (with comparison to previous year); (c) a statement of cash flows for such month and for the elapsed portion of the current Operating Year through the end of such month (with comparison to previous year) in reasonable detail to allow Tenant to identify and ascertain sources and uses thereof; (d) a statement of account balances in each Bank Account; and (e) such other reports or information otherwise specified in this Agreement to be provided to Tenant on a monthly basis or as Tenant and Manager may reasonably agree from time to time. Notwithstanding anything to the contrary contained in this Section 10.2, Manager shall not be obligated to deliver a Monthly Report for the last month of each calendar quarter.

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