Common use of Qualified Auditor Report Clause in Contracts

Qualified Auditor Report. If the audited financial statements that are required to be delivered to the Agent pursuant to Section 13.1(e) contain a material qualification or going concern notation that is not acceptable to the Majority Lenders, acting reasonably, and, if unacceptable, such qualification is not rectified or otherwise dealt with to the satisfaction of the Majority Lenders within a period of 30 days after the delivery of such financial statements.

Qualified Auditor Report. If the audited financial statements of the Borrower that are required to be delivered to by the Agent Borrower pursuant to Section 13.1(e14.1(a) contain a material qualification or going concern notation that is not acceptable to the Majority Lenders, acting reasonably, and, if unacceptable, and such qualification is not rectified or otherwise dealt with to the satisfaction of the Majority Lenders Lenders, acting reasonably, within a period of 30 days after the delivery of such financial statementsstatements by the Borrower hereunder.

Qualified Auditor Report. If the audited financial statements of the Trust that are required to be delivered to by the Agent Borrower pursuant to Section 13.1(e14.1(a) contain a material qualification or going concern notation that is not acceptable to the Majority Lenders, acting reasonably, and, if unacceptable, and such qualification is not rectified or otherwise dealt with to the satisfaction of the Majority Lenders Lenders, acting reasonably, within a period of 30 days after the delivery of such financial statementsstatements by the Borrower hereunder.

Qualified Auditor Report. If the audited financial statements of the Trust that are required to be delivered to by the Agent Borrower pursuant to Section 13.1(e13.1 (a) contain a material qualification or going concern notation that is not acceptable to the Majority Lenders, acting reasonably, and, if unacceptable, and such qualification is not rectified or otherwise dealt with to the satisfaction of the Majority Lenders Lenders, acting reasonably, within a period of 30 days after the delivery of such financial statementsstatements by the Borrower hereunder.

Qualified Auditor Report. If the audited financial statements that are required to be delivered to the Agent pursuant to Section 13.1(e13.3(f) contain a material qualification or going concern notation that is not acceptable to the Majority Lenders, acting reasonably, and, if unacceptable, such qualification is not rectified or otherwise dealt with to the satisfaction of the Majority Lenders within a period of 30 days after the delivery of such financial statements.