Common use of Reports a Clause in Contracts

Reports a. As soon as practicable, but in no event later than one hundred five (105) days after the close of each Partnership Year, the General Partner shall cause to be mailed to each Limited Partner as of the close of the Partnership Year, an annual report containing financial statements of the Partnership, or of the General Partner or the Gables Trust if such statements are prepared solely on a consolidated basis with the General Partner or the Gables Trust, for such Partnership Year, presented in accordance with generally accepted accounting principles, such statements to be audited by a nationally recognized firm of independent public accountants selected by the General Partner. B. As soon as practicable, but in no event later than one hundred five (105) days after the close of each calendar quarter (except the last calendar quarter of each year), the General Partner shall cause to be mailed to each Limited Partner as of the last day of the calendar quarter, a report containing unaudited financial statements of the Partnership, or of the General Partner or the Gables Trust, if such statements are prepared solely on a consolidated basis with the General Partner or the Gables Trust, and such other information as may be required by applicable law or regulation, or as the General Partner determines to be appropriate.

Reports a. As soon as practicable, but in no event later than one hundred five (105) days after the close of each Partnership Fiscal Year, the General Partner shall cause to be mailed to each Limited Partner of record as of the close of the Partnership Fiscal Year, an annual report containing financial statements of the Partnership, or of the General Partner or the Gables Trust if such statements are prepared solely on a consolidated basis with the General Partner or the Gables TrustPartner, for such Partnership Fiscal Year, presented in accordance with generally accepted accounting principles, . Such statements of the Partnership need not be audited if such statements to be are consolidated with audited by a nationally recognized firm financial statements of independent public accountants selected by the General Partner. B. As soon as practicable, but in no event later than one hundred five (105) days after the close of each calendar quarter (except the last calendar quarter of each year), the General Partner shall cause to be mailed to each Limited Partner Partner, of record as of the last day of the calendar quarter, a report containing unaudited financial statements of the Partnership, or of the General Partner or the Gables TrustPartner, if such statements are prepared solely on a consolidated basis with the General Partner or the Gables TrustPartner, and such other information as may be required by applicable law or regulation, regulation or as the General Partner determines to be appropriate.