Qualified Audit Report Clause Samples

Qualified Audit Report. Any audit report required pursuant to Section 6 is not an unqualified audit report, unless the reason for qualification is not material, as determined in the Bank's sole and absolute discretion.
Qualified Audit Report. The Borrower’s auditor issues a qualified audit report in respect of the audited financial statements which the Bank considers material (acting reasonably).
Qualified Audit Report. Any of the fiscal year-end Financial Statements required under Section 6.01 to be delivered to Administrative Agent contains an audit report which is qualified (other than as permitted in Section 6.01); or
Qualified Audit Report. The Parent's auditors qualify their report to the audited consolidated accounts of the Parent in any way which is (in the opinion of the Agent (acting reasonably)) material in the context of the Finance Documents.
Qualified Audit Report. 46 (l) Change of Control..............................................................................46 (m) ERISA..........................................................................................46
Qualified Audit Report. Any of the fiscal year-end Financial Statements required under Section 15.12.1 to be delivered to Lender contains an audit report which is qualified.