Common use of Operating Statement Clause in Contracts

Operating Statement. Not later than 10 days after and as of the end of each calendar month during the period prior to any sale of the Loan, and thereafter not later than 30 days after and as of the end of each calendar quarter, an operating statement, signed and dated by Xxxxxxxx, in a form acceptable to Lender, showing all revenues and expenses during such month or quarter and year-to-date, relating to the Property, including, without limitation, all information requested under any of the Loan Documents;

Appears in 2 contracts

Samples: Loan Agreement (Janus Hotels & Resorts Inc), Loan Agreement (Janus Hotels & Resorts Inc)

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Operating Statement. Not later than 10 days after and as of the end of each calendar month during the period prior to any sale first 6 months of the term of the Loan, and thereafter not later than 30 days after and as of the end of each calendar quarter, an operating statement, signed and dated by Xxxxxxxx, Borrower and in a form acceptable to Lender, showing all revenues and expenses during such month or quarter and year-to-date, relating to each of the PropertyProperties, including, without limitation, all information requested under any of the Loan Documents;

Appears in 2 contracts

Samples: Promissory Note (Manufactured Home Communities Inc), Modification Agreement (Manufactured Home Communities Inc)

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Operating Statement. Not later than 10 days after and as of the end of each calendar month during the period prior to any sale first 6 months of the term of the Loan, and thereafter not later than 30 days after and as of the end of each calendar quarter, an operating statement, signed and dated by Xxxxxxxx, Borrower and in a form acceptable to Lender, showing all revenues and expenses during such month or quarter and year-to-date, relating to the Property, including, without limitation, all information requested under any of the Loan Documents;

Appears in 1 contract

Samples: Promissory Note (Manufactured Home Communities Inc)

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