Operating and Financial Statements. All operating and financial statements for the Property furnished to Buyer in connection with this Agreement (i) are true and correct in all material respects; and (ii) have been prepared in conformity with sound accounting practices consistently applied.
Operating and Financial Statements. Each Operating and Financial Statement for the Real Property shows all material items of income and expense (operating and capital) incurred in connection with Transferor's ownership, operation and management of such Real Property for the periods indicated and are true, correct and complete in all material respects.
Operating and Financial Statements. Current financial statements satisfactory to Lender for Borrower and any Guarantor, together with operating and cash flow statements for the Mortgaged Premises.
Operating and Financial Statements. Current financial statements satisfactory to Lender for each Borrower and each other Loan Party, together with operating and cash flow statements for each Property.
Operating and Financial Statements. Within forty-five (45) days after the end of each six-month period in each fiscal year of Mortgagor during the term of the Loan (whether such fiscal year is a calendar year or otherwise), Mortgagor shall deliver, or cause to be delivered, to State Farm: (a) semi-annual operating statements showing all elements of income and expense of the Secured Property dated as of the last day of such period; and (b) a current rent roll, showing all items set forth in the rent roll delivered to State Farm in connection with the closing of the Loan, as well as gross sales of each tenant, if any, paying percentage rental. Within one hundred twenty (120) days after the end of each fiscal year of Mortgagor and any Guarantor, Mortgagor shall deliver or cause to be delivered annual financial statements (consisting only of a balance sheet and an income and expense statement) for Mortgagor, any Guarantor and any tenant under a Lease approved by State Farm that provides that such tenant may self-insure on any insurance otherwise required to be obtained by Mortgagor under this Mortgage. Mortgagor shall promptly deliver to State Farm (y) any financial statements received by Mortgagor from any tenant under a Major Lease after receipt thereof, and (z) such other information (financial or otherwise) concerning the Secured Property, Mortgagor, Guarantor or its or their constituent entities that State Farm may reasonably request after such request therefor. All such statements and information shall be prepared in accordance with generally accepted accounting principles consistently applied, shall otherwise be satisfactory to State Farm and shall be certified by an authorized Person, member, partner or officer of Mortgagor or Guarantor, as applicable, approved by State Farm. State Farm and its representatives shall have the right, at all reasonable times and upon reasonable notice, to examine and make copies of Mortgagor’s plans, books, records, income tax returns and all supporting data concerning Mortgagor or the Secured Property. Mortgagor will assist State Farm and its representatives in conducting any such examination.
Operating and Financial Statements. The Company will provide the Members with monthly internal operating statements within 20 days after the end of each calendar month. The Company will provide the Members with unaudited financial statements (balance sheet, statements of income or loss, Members' equity and changes in financial position) prepared in accordance with generally accepted accounting principles on a basis consistently applied (subject to normal year-end adjustments), within 45 days after the end of each calendar quarter. The Company will cause audited financial statements to be prepared by the Accountant for each Fiscal Year, and such statements will be distributed to the Members on an annual basis within 90 days of the end of such Fiscal Year.
Operating and Financial Statements. Grantor shall deliver to Beneficiary within 90 days following the end of each of Grantor's fiscal years, at Grantor's expense, Grantor's financial statement certified by Grantor to be true and correct and Grantor's most recently filed federal tax return, financial statements of all guarantors of the Secured Obligations certified by each guarantor respectively, and certified operating statements in form satisfactory to Beneficiary covering the Property, including tenant lists and current rent schedules. Beneficiary or its authorized representative shall have access to the books and records of the Grantor and obtain such statements at Grantor's expense if Grantor fails to provide them as herein set forth, or at any time at Beneficiary's option if Grantor is in default. Beneficiary shall have the option, within 60 days following receipt of the financial and operating statements from Grantor, to order a confirmatory examination of Grantor's books and records pertaining to the Property. Said examination shall be at Beneficiary's expense unless, in Beneficiary's reasonable opinion, Grantor's statements are found to contain significant discrepancies, in which case the confirmatory audit will be at Grantor's expense. In default thereof Beneficiary shall, in addition to all other remedies, have the option of accelerating the maturity of the Secured Obligations.
Operating and Financial Statements. Mortgagor hereby covenants to deliver, or cause to be delivered, to State Farm the following operating and financial statements:
Operating and Financial Statements. Trustor will deliver to Beneficiary upon Beneficiary’s request, operating statements and occupancy reports (including a rent roll) for the Property in a form and for periods satisfactory to Beneficiary certified as correct by Trustor. Trustor shall permit Beneficiary to examine all books and records of Trustor pertaining to the Property and deliver to Beneficiary upon request all financial statements, credit reports and other documents in the possession of Trustor relating to the financial condition of Trustor, any tenant of the Property and any guarantor of the Loan, including rental, income and expense statements pertaining to the Property and tax returns and audits.
Operating and Financial Statements. The Company shall cause ---------------------------------- to be delivered to each Member the financial statements listed below, prepared, in each case, in accordance with GAAP consistently applied with prior periods, and such other reports as any Member may reasonably request from time to time. Such financial statements shall be accompanied by an analysis, in reasonable detail, of the variance between the financial condition and results of operations reported therein and the corresponding amounts for the applicable period or periods in the annual budget for the Company. The monthly and quarterly financial statements referred to in (b) and (c) below may be subject to normal year-end audit adjustments.
