Common use of Pro Forma Balance Sheets Clause in Contracts

Pro Forma Balance Sheets. The Lenders shall have received (x) a pro forma consolidated balance sheet of SDLP and (y) a pro forma combined balance sheet of the Borrowers and the Guarantors (taken as a whole), in each case, as of the last day of the most recent fiscal period for which financial statements were delivered under Section 7.05(a) of the Original Credit Agreement, after giving effect to the Transactions, which balance sheet shall have been prepared in good faith by SDLP and the Borrowers, as applicable, and shall not be materially inconsistent with the forecasts previously provided to the Lenders in connection with this Agreement.

Appears in 3 contracts

Samples: Credit Agreement (Seadrill Partners LLC), Credit Agreement (Seadrill Partners LLC), Credit Agreement

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Pro Forma Balance Sheets. The Lenders shall have received (x) a pro forma consolidated balance sheet of SDLP and (y) a pro forma combined balance sheet of the Borrowers and the Guarantors (taken as a whole), in each case, as of the last day of the most recent fiscal period for which financial statements were delivered under Section 7.05(aclause (h) of the Original Credit Agreementabove, after giving effect to the Transactions, which balance sheet shall have been prepared in good faith by SDLP and the Borrowers, as applicable, and shall not be materially inconsistent with the forecasts previously provided to the Lenders in connection with this AgreementLenders.

Appears in 1 contract

Samples: Credit Agreement (Seadrill Partners LLC)

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