Common use of Standards of Financial Statements Clause in Contracts

Standards of Financial Statements. Each Loan Party shall, and shall cause each Subsidiary of each Loan Party to, cause all financial statements referred to in Sections 9.7 and 9.9 as to which GAAP is applicable to be true and correct in all material respects (subject, in the case of interim financial statements, to normal year-end audit adjustments) and to be prepared in reasonable detail and in accordance with GAAP consistently applied.

Appears in 2 contracts

Samples: Credit and Security Agreement (Primo Water Corp), Loan and Security Agreement (Primo Water Corp)

AutoNDA by SimpleDocs

Standards of Financial Statements. Each Specified Loan Party shall, and shall cause each Subsidiary of each Loan Party to, cause all financial statements referred to in Sections 9.7 9.7, 9.8, 9.9, 9.10, 9.11, 9.12, and 9.9 9.13 as to which GAAP is applicable to be true complete and correct in all material respects (subject, in the case of interim financial statements, to normal year-end audit adjustments) and to be prepared in reasonable detail and in accordance with GAAP applied consistently appliedthroughout the periods reflected therein (except as disclosed therein and agreed to by such reporting accountants or officer, as applicable).

Appears in 2 contracts

Samples: Security Agreement (PHI Group, Inc./De), Security Agreement (PHI Group, Inc./De)

Standards of Financial Statements. Each Loan Party shall, and shall cause each Subsidiary of each Loan Party to, cause all financial statements referred to in Sections 9.7 9.7, 9.8, 9.9, 9.10 and 9.9 9.12 as to which GAAP is applicable to be true complete and correct in all material respects (subject, in the case of interim financial statements, to normal year-end audit adjustments) and to be prepared in reasonable detail and in accordance with GAAP applied consistently appliedthroughout the periods reflected therein (except as concurred in by such reporting accountants or officer, as the case may be, and disclosed therein).

Appears in 1 contract

Samples: Loan and Security Agreement (Winnebago Industries Inc)

Standards of Financial Statements. Each Loan Party shall, and shall cause Together with each Subsidiary of each Loan Party toParty, cause all financial statements referred to in Sections 9.7 9.7, 9.8, 9.9, 9.10 and 9.9 9.12 as to which GAAP is applicable to be true complete and correct in all material respects (subject, in the case of interim financial statements, to normal year-end audit adjustments) and to be prepared in reasonable detail and in accordance with GAAP applied consistently appliedthroughout the periods reflected therein (except as concurred in by such reporting accountants or officer, as the case may be, and disclosed therein).

Appears in 1 contract

Samples: Loan and Security Agreement (Velocity Express Corp)

Standards of Financial Statements. Each Loan Party shall, and shall cause each Subsidiary of each Loan Party to, cause all financial statements referred to in Sections 9.7 9.7, 9.8 and 9.9 9.12 as to which GAAP is applicable to be true and correct in all material respects (subject, in the case of interim financial statements, to normal year-end audit adjustmentsadjustments and absence of footnotes) and to be prepared in reasonable detail detail, and in accordance with GAAP consistently appliedapplied throughout the periods reflected therein (except as concurred in by such reporting accountants or officer, as the case may be, and disclosed therein).

Appears in 1 contract

Samples: Loan and Security Agreement (Castle a M & Co)

AutoNDA by SimpleDocs

Standards of Financial Statements. Each The Loan Party shall, and shall cause each Subsidiary of each Loan Party to, Parties will cause all financial statements referred to in Sections 9.7 9.7, 9.8, 9.9, 9.12 and 9.9 9.13 as to which GAAP is applicable to be true complete and correct in all material respects (subject, in the case of interim financial statements, to normal year-end year‑end audit adjustmentsadjustments and the absence of footnotes) and to be prepared in reasonable detail and in accordance with GAAP applied consistently appliedthroughout the periods reflected therein (except as concurred in by such reporting accountants or officer, as the case may be, and disclosed therein).

Appears in 1 contract

Samples: Castle a M & Co

Standards of Financial Statements. Each Loan Party shall, and shall cause each Subsidiary of each Loan Party to, cause all financial statements referred to in Sections 9.7 9.7, 9.8, 9.9, 9.10, 9.11 and 9.9 9.12 as to which GAAP is applicable to be true and correct fairly present in all material respects the applicable financial position and results of operation (subject, in the case of interim financial statements, to normal year-end audit adjustments) and to be prepared in reasonable detail and in accordance with GAAP applied consistently appliedthroughout the periods reflected therein (except as concurred in by such reporting accountants or officer, as the case may be, and disclosed therein).

Appears in 1 contract

Samples: Loan and Security Agreement (Tb Woods Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.