Common use of Provide the Lender with Clause in Contracts

Provide the Lender with. (a) As soon as available and in any event within one hundred thirty five (135) days after the close of each fiscal year commencing with the fiscal year ended after the date of this Agreement, audited financial statements of the Borrower including a statement of equity, a balance sheet as of the close of such year, an income and expense statement, reconciliation of capital accounts and a statement of sources and uses of funds, all prepared in accordance with the GAAP and certified by Independent Accountants. (b) As soon as available and in any event within ninety (90) days after the end of each of the quarterly accounting periods of its fiscal year commencing with the quarter ending after the date of this Agreement, unaudited financial statements of the Borrower, including without limitation, an unaudited balance sheet of the Borrower as of the last day of such quarterly period, the related statements of income and cash flows for such quarterly period and (in the case of second, third and fourth quarterly periods) for the portion of the fiscal year ending with the last day of such quarterly period, setting forth in each case in comparative form corresponding unaudited figures from the preceding fiscal year.

Appears in 8 contracts

Samples: Shareholder Loan Agreement (Panda Global Holdings Inc), Shareholder Loan Agreement (Panda Global Holdings Inc), Shareholder Loan Agreement (Panda Global Holdings Inc)

AutoNDA by SimpleDocs

Provide the Lender with. (a) As soon as available and in any event within one hundred thirty five ninety (13590) days after the close of each fiscal year commencing with the fiscal year ended after the date of this Agreement, audited financial statements of the Borrower including a statement of equity, a balance sheet as of the close of such year, an income and expense statement, reconciliation of capital accounts and a statement of sources and uses of funds, all prepared in accordance with the GAAP and certified by Independent Accountants. (b) As soon as available and in any event within ninety forty five (9045) days after the end of each of the quarterly accounting periods of its fiscal year commencing with the quarter ending after the date of this Agreement, unaudited financial statements of the Borrower, including without limitation, an unaudited balance sheet of the Borrower as of the last day of such quarterly period, the related statements of income and cash flows for such quarterly period and (in the case of second, third and fourth quarterly periods) for the portion of the fiscal year ending with the last day of such quarterly period, setting forth in each case in comparative form corresponding unaudited figures from the preceding fiscal year, all prepared in accordance with GAAP.

Appears in 1 contract

Samples: Loan Agreement (Panda Global Holdings Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!