Common use of Periodic Financial Statements Clause in Contracts

Periodic Financial Statements. Borrower shall deliver to Bank, within 45 days after the end of each fiscal quarter, unaudited management-prepared quarterly financial statements including, without limitation, a balance sheet, profit and loss statement and statement of cash flows, with supporting schedules; all in reasonable detail and prepared in conformity with generally accepted accounting principles, applied on a basis consistent with that of the preceding year. Such statements shall be certified as to their correctness by a principal financial officer of Borrower and in each case, if audited statements are required, subject to audit and year-end adjustments.

Appears in 6 contracts

Samples: Loan Agreement (Lannett Co Inc), Loan Agreement (Covalent Group Inc), Loan Agreement (Eresearchtechnology Inc /De/)

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Periodic Financial Statements. Borrower shall deliver to BankLender, within 45 30 days after the end of each fiscal quarter, unaudited management-prepared quarterly financial statements including, without limitation, a balance sheet, profit and loss statement and statement of cash flows, with supporting schedules; all in reasonable detail and prepared in conformity with generally accepted accounting principles, applied on a basis consistent with that of the preceding year. Such statements shall be certified as to their correctness by a principal financial officer of Borrower and in each case, if audited statements are required, subject to audit and year-end adjustments.

Appears in 2 contracts

Samples: Construction Loan Agreement (Campus Crest Communities, Inc.), Construction Loan Agreement (Campus Crest Communities, Inc.)

Periodic Financial Statements. Borrower shall deliver to Bank, within 45 75 days after the end of each fiscal quarter, unaudited management-prepared quarterly financial statements including, without limitation, a balance sheet, profit and loss statement and statement of cash flows, with supporting schedules; all in reasonable detail and prepared in conformity with generally accepted accounting principles, applied on a basis consistent with that of the preceding year. Such statements shall be certified as to their correctness by a principal financial officer of Borrower and in each case, if audited statements are required, subject to audit and year-end adjustments.

Appears in 2 contracts

Samples: Loan Agreement (Paragon Technologies Inc), Loan Agreement (Paragon Technologies Inc)

Periodic Financial Statements. Borrower shall deliver to Bank, within 45 days after the close of each fiscal year and, if requested by Bank, within 45 days after the end of each fiscal quarter, unaudited management-prepared quarterly financial statements including, without limitation, a balance sheet, profit and loss statement and statement of cash flows, with supporting schedules; all in reasonable detail and prepared in conformity with generally g:1nerally accepted accounting principles, applied on a basis consistent with that of the preceding year. Such statements shall be certified as to their correctness by a principal financial officer of Borrower and in each case, if audited statements are required, subject to audit and year-end adjustments.

Appears in 1 contract

Samples: Loan Agreement (Bio Imaging Technologies Inc)

Periodic Financial Statements. Borrower shall deliver to Bank, within 45 days after the end close of each fiscal quarteryear, unaudited management-prepared quarterly financial statements including, without limitation, a balance sheet, profit and loss statement and statement of cash flows, with supporting schedules; all in reasonable detail and prepared in conformity with generally accepted accounting principles, applied on a basis consistent with that of the preceding year. Such statements shall be certified as to their correctness by a principal financial officer of Borrower and in each case, if audited statements are required, subject to audit and year-end adjustments.

Appears in 1 contract

Samples: Loan Agreement (Eresearchtechnology Inc /De/)

Periodic Financial Statements. Borrower shall deliver to Bank, within 45 30 days after the end of each fiscal quarter, unaudited management-prepared quarterly financial statements including, without limitation, a balance sheet, profit and loss statement and statement of cash flows, with supporting schedules; all in reasonable detail and prepared in conformity with generally accepted accounting principles, applied on a basis consistent with that of the preceding year. Such statements shall be certified as to their correctness by a principal financial officer of Borrower and in each case, if audited statements are required, subject to audit and year-end adjustments.

Appears in 1 contract

Samples: Loan Agreement (RGC Resources Inc)

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Periodic Financial Statements. Borrower shall deliver to Bank, within 45 60 days after the end of each fiscal quarter, unaudited management-prepared quarterly financial statements including, without limitation, a balance sheet, profit and loss statement and statement of cash flows, with supporting schedules; all in reasonable detail and prepared in conformity with generally accepted accounting principles, applied on a basis consistent with that of the preceding year. Such statements shall be certified as to their correctness by a principal financial officer of Borrower and in each case, if audited statements are required, subject to audit and year-end adjustments.

Appears in 1 contract

Samples: Loan Agreement (PORTRAIT INNOVATIONS HOLDING Co)

Periodic Financial Statements. Borrower shall deliver to Bank, within 45 75 days after the end of each fiscal quarter, unaudited management-prepared quarterly financial statements including, without limitation, a balance sheet, profit and loss statement and statement of cash flows, with supporting schedules; all in reasonable detail and prepared in conformity with generally accepted accounting principles, applied on a basis consistent with that of the preceding year. Such such statements shall be certified as to their correctness by a principal financial officer of Borrower and in each case, if audited statements are required, subject to audit and year-end adjustments.

Appears in 1 contract

Samples: Loan Agreement (Paragon Technologies Inc)

Periodic Financial Statements. Borrower shall deliver to Bank, within 45 days after the end of each interim fiscal quarterhalf-year, unaudited management-prepared quarterly semi-annual financial statements including, without limitation, a balance sheet, profit and loss statement and statement of cash flows, with supporting schedules; all in reasonable detail and prepared in conformity with generally accepted accounting principles, applied on a basis consistent with that of the preceding year. Such statements shall be certified as to their correctness by a principal financial officer of Borrower and in each case, if audited statements are required, subject to audit and year-end adjustments.

Appears in 1 contract

Samples: Loan Agreement (Eresearchtechnology Inc /De/)

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