Other Financial Reports. Balance Sheet. Within ninety (90) days of the execution of this Contract or its effective date, whichever is later, the Concessioner shall submit to the Director a balance sheet as of the beginning date of the term of this Contract. The balance sheet shall be audited or reviewed, as determined by the annual gross receipts, by an independent Certified Public Accountant.
Other Financial Reports. Contractor shall submit financial reports, including certified annual financial statements, and make available documents relevant to its financial condition to SDOH and the State Insurance Department (SID) in a timely manner as required by State laws and regulations including but not limited to PHL Sections 4403-a, 4404 and 4409, Title 10 NYCRR Sections 98.11, 98.16 and 98.17 and applicable Insurance Law Sections 304, 305, 306, and 310. The LDSS reserves the right to require Contractor to submit such relevant financial reports and documents related to the financial condition of the MCO to the LDSS, as set forth in Section 18.5(o) of this Agreement.
Other Financial Reports. Contractor shall submit financial reports, including certified annual financial statements, and make available documents relevant to its financial condition to SDOH and the State Insurance Department (SID) in a timely manner as required by State laws and regulations including, but not limited to, PHL §§ 4403-a, 4404 and 4409, Title 10 NYCRR Part 98 and when applicable, SIL §§ 304, 305, 306, and 310. The SDOH may require the Contractor to submit such relevant financial reports and documents related to its financial condition to the LDSS-
Other Financial Reports. In addition, Manager shall deliver to Owner the following reports within the time periods set forth below:
A. Within 25 days after the end of each fiscal quarter, an economic and operational trend analysis for such fiscal quarter. Such economic and operational trend analysis will include, but is not limited to, Hotel actual, budget and prior year’s results for: Gross Operating Revenues, Gross Operating Profit, average daily rate, occupancy levels, RevPAR and measurement of any other metric critical to the financial success of the Hotel. The above referenced data shall be incorporated in a report format satisfactory to Owner (subject to required modifications by Owner from time to time). Significant deviations from the Annual Business Plan shall be accompanied by a written narrative explanation.
B. Within twenty five (25) days after the end of each fiscal quarter, reports and financials for the Hotel for such quarter and the fiscal period then ended. Such reports and 14 financials shall include (i) the reports set forth in Section 7.2, (ii) supporting schedules for all balance sheet accounts, (iii) a report analyzing and comparing the actual results of operations with (A) the current Annual Business Plan, together with a narrative explanation of any significant variances and (B) the comparable prior year period, (iv) a schedule of all corporate cost allocations and an explanation of the manner in which the costs are allocated and (v) market conditions, legal proceedings, receivables aging reports and such other information as Owner may request.
C. Within 25 days after the end of the each Fiscal Year, a written report on the current status of the Hotel, including without limitation, written discussion of any material variances from the Annual Business Plan during the past year and any current maintenance and capital repair needs.
D. On a weekly basis, a calculation of Gross Operating Profit.
E. On a daily basis, revenue reports.
Other Financial Reports. Furnish to the Bank:
(i) concurrently with the delivery of each set of the financial statements referred to above, a certificate of the Chief Accounting Officer of such Borrower or Portfolio stating that, to the best of such person's knowledge, during the period covered by such set of financial statements the Borrower or Portfolio has observed or performed in all respects all of its covenants and agreements contained in this Agreement and its respective Note to be observed, performed or satisfied by it, and that such person has obtained no knowledge of any default or Event of Default (except as specified in such certificate);
(ii) promptly after the same are sent, copies of all other financial statements of such Borrower or Portfolio, if any, which it sends to its stockholders; (iii) within thirty (30) days of the end of each quarter, a schedule of such Borrower's or Portfolio's investment assets stating the cost and fair market value of all such investments;
Other Financial Reports. Promptly following delivery to such other Person, such other financial reports (including, without limitation, 13-week cash flow projections) that are provided to the holders of the Specified Debt in their capacity as such pursuant to the terms of such Specified Debt
Other Financial Reports. Xxxx Xxxxx shall have the right at any time to receive from the Companies such additional financial statements and reports as Xxxx Xxxxx may from time to time request, whether or not such financial statements and reports have been prepared previously by the Companies.
Other Financial Reports. 23 (e) Maintain Rights...............................................24 (f) No Transfers..................................................24 (g) No Mergers....................................................24 (h)
Other Financial Reports. Xxx-Xxxx Corporation will also furnish to ----------------------- each Bank :
(i) concurrently with the delivery of each set of the quarterly financial statements referred to above, a certificate of the Chief Financial Officer of Xxx-Xxxx Corporation stating that, to the best of such person's knowledge, during the period covered by such set of financial statements each Borrower has observed or performed in all material respects all of its covenants and agreements contained in this Agreement and the other Loan Documents to be observed, performed or satisfied by it, and that such Chief Financial Officer has obtained no knowledge of any default or Event of Default (except as specified in such certificate);
(ii) promptly after the same are sent and received, copies of all financial statements, reports and notices which such Borrower sends to holders of any class of capital stock of such Borrower generally;
(iii) promptly, such additional publicly available financial and other information as the Bank may from time to time reasonably request; and
(iv) as soon as available, a copy of each other report submitted to such Borrower by its certified public accountants in connection with any annual, interim or special audit made by them of the books of such Borrower.
Other Financial Reports. (i) Within five (5) Business Days after the preparation of each such report which has been presented to the Board of Directors of the Company, the Company's monthly highlight report and the Company's monthly market level highlights report and (ii) on each day financial statements are delivered pursuant to Section 8.1(a), an accounts receivable and payable ageing, in each case, in form and detail reasonably satisfactory to the Administrative Agent.
