Common use of SEMI-ANNUAL STATEMENTS Clause in Contracts

SEMI-ANNUAL STATEMENTS. The Borrower using its best endeavours and shall as soon as the same become available, but in any event within 90 days after the end of each of their respective financial half years, furnish to the Agent, the Borrower's and the Initial Charterer's or, as the case may be, the Subsequent Charterer's balance sheets as at the end of such accounting period and the Borrower's and the Initial Charterer's or, as the case may be, the Subsequent Charterer's profit-and-loss accounts in respect of that accounting period, together with the Borrower's cash flow reports for such period in each case prepared in accordance with internationally accepted accounting principles consistently applied.

SEMI-ANNUAL STATEMENTS. The Borrower shall using its best endeavours and shall as soon as the same become available, but in any event within 90 days after the end of each of their respective financial half years, furnish to the Agent, the Borrower's and the Initial Charterer's or, or as the case may be, the Subsequent Charterer's balance sheets as at the end of such accounting period and the Borrower's and the Initial Charterer's or, or as the case may be, the Subsequent Charterer's profit-and-loss accounts in respect of that accounting period, together with the Borrower's cash flow reports for such period in each case prepared in accordance with internationally accepted accounting principles consistently applied.

SEMI-ANNUAL STATEMENTS. The Borrower using its best endeavours and shall as soon as the same become available, but in any event within 90 days after the end of each of their respective financial half years, furnish to the Agent, the Borrower's and the Initial Charterer's or, or as the case may be, the Subsequent Charterer's balance sheets as at the end of such accounting period and the Borrower's and the Initial Charterer's or, or as the case may be, the Subsequent Charterer's profit-and-loss accounts in respect of that accounting period, together with the Borrower's cash flow reports for such period in each case prepared in accordance with internationally accepted accounting principles consistently applied.