Common use of Qualifications of Financial Statements Clause in Contracts

Qualifications of Financial Statements. The auditors of the Group qualify their report on any audited consolidated financial statements of the Group in any regard which, in the reasonable opinion of the Agent, has a Material Adverse Effect; or

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement (Teekay Shipping Corp), Loan Agreement (Teekay Offshore Partners L.P.)

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Qualifications of Financial Statements. The auditors of the any Group qualify their report on any audited consolidated financial statements of the that Group in any regard which, in the reasonable opinion of the Facility Agent, has a Material Adverse Effect; or

Appears in 3 contracts

Samples: Loan Agreement (Teekay Offshore Partners L.P.), Loan Agreement, Loan Agreement (Teekay Corp)

Qualifications of Financial Statements. 19.26 The auditors of the any Group qualify their report on any audited consolidated financial statements of the that Group in any regard which, in the reasonable opinion of the Agent, has a Material Adverse Effect; or.

Appears in 2 contracts

Samples: Facility Agreement, Facility Agreement (Teekay LNG Partners L.P.)

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Qualifications of Financial Statements. The auditors of the Group qualify their report on any audited consolidated financial statements of the Group in any regard which, in the reasonable opinion of the Facility Agent, has a Material Adverse Effect; or

Appears in 2 contracts

Samples: Loan Agreement (Teekay Offshore Partners L.P.), Agreement (Teekay Offshore Partners L.P.)

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