Common use of Quarterly and Annual Financial Statements Clause in Contracts

Quarterly and Annual Financial Statements. (i) As soon as available, but in any event, within fifty-five (55) days after the end of each of the first three (3) fiscal quarters of each Fiscal Year of the Parent (commencing with the first full fiscal quarter ended after the Closing Date), unaudited internally prepared balance sheet of the Parent and its Subsidiaries as at the end of such fiscal quarter, and the related unaudited internally prepared consolidated statements of income or operations and cash flows for such fiscal quarter, certified by a Responsible Officer of the Parent as fairly presenting in all material respects the financial condition, results of operations and cash flows of the Parent and its Subsidiaries in accordance with IFRS, subject to year-end adjustments, and (ii) as soon as available, but no later than one hundred twenty (120) days after the last day of the Parent’s Fiscal Year, audited consolidated financial statements of the Parent for the Fiscal Year then ended (to be comprised of a consolidated balance sheet and income statement and cash flows covering the Parent and its Subsidiaries’ operations for such Fiscal Year), which financial statements shall have been audited by independent public accountants of recognized national standing and accompanied by an opinion of such accountants (which shall not be qualified as to scope or contain any going concern or other qualification) to the effect that such consolidated financial statements fairly present, in all material respects, the financial position and results of operations of the Parent and its Subsidiaries on a consolidated basis in accordance with IFRS.

Quarterly and Annual Financial Statements. (i) As soon as available, but in any event, within fifty-five (55) days after the end of each of the first three (3) fiscal quarters of each Fiscal Year of the Parent Borrower (commencing with the first full fiscal quarter ended after the Closing Date), unaudited internally prepared balance sheet of the Parent Borrower and its Subsidiaries as at the end of such fiscal quarter, and the related unaudited internally prepared consolidated statements of income or operations and cash flows for such fiscal quarter, certified by a Responsible Officer of the Parent Borrower as fairly presenting in all material respects the financial condition, results of operations and cash flows of the Parent Borrower and its Subsidiaries in accordance with IFRSGAAP, subject to year-end adjustments, and (ii) as soon as available, but no later than one hundred twenty (120) days after the last day of the ParentBorrower’s Fiscal Yearfiscal year, audited internally prepared consolidated financial statements of the Parent Borrower for the Fiscal Year fiscal year then ended (to be comprised of a consolidated balance sheet and income statement and cash flows covering the Parent Borrower’s and its Subsidiaries’ operations for such Fiscal Yearfiscal year), which financial statements shall have been audited by independent public accountants of recognized national standing prepared in a manner consistent with GAAP and accompanied by an opinion of such accountants (which shall not be qualified as to scope or contain any going concern or other qualification) to the effect that such consolidated financial statements fairly presentwith prior practices, and complete and correct in all material respects, subject to normal year-end adjustments that, in the financial position and results of operations of aggregate, are not material to the Parent and its Subsidiaries on Borrower’s business operations, certified by a consolidated basis in accordance with IFRSResponsible Officer.

Quarterly and Annual Financial Statements. (i) As soon as available, but in any event, within fifty-five (55) days after the end of each of the first three (3) fiscal quarters of each Fiscal Year of the Parent Borrower (commencing with the first full fiscal quarter ended after the Closing Date), unaudited internally prepared balance sheet of the Parent Borrower and its Subsidiaries as at the end of such fiscal quarter, and the related unaudited internally prepared consolidated statements of income or operations and cash flows for such fiscal quarter, certified by a Responsible Officer of the Parent Borrower as fairly presenting in all material respects the financial condition, results of operations and cash flows of the Parent Borrower and its Subsidiaries in accordance with IFRSGAAP, subject to year-end adjustments, and (ii) as soon as available, but no later than one hundred twenty (120) days after the last day of the ParentBorrower’s Fiscal Yearfiscal year, audited internally prepared consolidated financial statements of the Parent Borrower for the Fiscal Year fiscal year then ended (to be comprised of a consolidated balance sheet and income statement and cash flows covering the Parent Borrower’s and its Subsidiaries’ operations for such Fiscal Yearfiscal year), which financial statements shall have been audited by independent public accountants of recognized national standing prepared in a manner consistent with GAAP and accompanied by an opinion of such accountants (which shall not be qualified as to scope or contain any going concern or other qualification) to the effect that such consolidated financial statements fairly presentwith prior practices, and complete and correct in all material respects, the financial position and results of operations of the Parent and its Subsidiaries on certified by a consolidated basis in accordance with IFRSResponsible Officer.