Statements of Financial Condition. The General Partner shall prepare a statement of the financial condition of the Partnership as of the last day of each quarter of each fiscal year, and an income statement and statement of Cash Flow for each calendar month. Each statement of financial condition shall be prepared in accordance with generally accepted accounting principles and shall be certified to be true and correct to the best of the General Partner’s knowledge and belief. Copies shall be furnished to the other Partners within forty-five (45) days after the end of each quarter as to the statements of financial condition, or within thirty (30) days after the end of each calendar month as to the income statements and statements of Cash Flow. An annual statement of the financial condition of the Partnership an annual income statement and an annual statement of Cash Flow (unaudited) shall be furnished to each Partner within ninety (90) days after the close of the fiscal year. Such annual statements shall be certified to be true and correct to the best of the General Partner’s knowledge and belief.
Statements of Financial Condition. At the end of each fiscal year of the LLC, the independent accountants for the LLC (the "Accountants"), which shall be a "Big Five" accounting firm Approved by Majority Interest, will render an opinion, based on generally accepted accounting principles consistently applied, on the financial statements of the LLC. The Accountants will also prepare and deliver to the Members so-called "Information Returns" indicating the profits and losses of the LLC and the allocation thereof to the Members.
Statements of Financial Condition. At the end of each fiscal year of the Company, the independent accountants for the Company (the "Accountants"), which shall be a nationally recognized accounting firm Approved by Majority Interest ("Majority Interest" shall mean approval by at least fifty percent (50%) of the outstanding voting shares), will render an opinion, based on generally accepted accounting principles consistently applied, on the financial statements of the Company. The Accountants will also prepare and deliver to the Stockholders so-called "Information Returns" indicating the profits and losses of the Company.
Statements of Financial Condition. NHA shall prepare a balance sheet and income statement of the Company as of the last day of each month and deliver same to CII within twenty (20) days after the end of each year. Each balance sheet and income statement shall be prepared in accordance with generally accepted accounting principles and shall be certified to be true and correct to the best of NHA's knowledge and belief. Copies shall be furnished to CII, an annual income statement and an annual statement of cash flow (unaudited) shall be furnished by NHA to CII within ninety (90) days after the close of the fiscal year.
Statements of Financial Condition. Based on the Partnership's books and records, and other appropriate information provided by the Chief Executive Partner, the Administrative Partner shall prepare or cause to be prepared by the Partnership's independent certified public accountants, at the Partnership's expense, a statement of the financial condition of the Partnership as of the last day of each quarter of each fiscal year. The Administrative Partner shall also promptly deliver to each Partner quarterly income and expense reports with respect to the Partnership. Each statement of financial condition and each income and expense report shall be prepared in accordance with generally accepted accounting principles ("GAAP"). Copies of such statements and reports shall be furnished to each of the Partners within forty-five (45) days after the end of each quarter to the extent feasible. In addition, the Administrative Partner shall prepare or cause to be prepared an annual statement of the financial condition of the Partnership and income and cash flow statements, which statements shall be audited by the Partnership's independent accountants and furnished to each of the Partners within one hundred (100) days after the close of each fiscal year to the extent feasible.
Statements of Financial Condition. The President of Vision 21 Plus shall cause to be prepared a statement of the financial condition as of the last day of each fiscal year. Each statement of financial condition shall be prepared in accordance with generally accepted accounting principles and shall include income and cash flow statements, and shall be in such form and content as is auditable at the request of either party. Copies shall be furnished to the principals within sixty (60) days after the end of each fiscal year. The President shall also promptly deliver to each principal monthly income and expense reports. All financial statements required shall be certified by an officer of Vision 21 Plus and shall be unaudited unless otherwise approved by the principals.
Statements of Financial Condition. Upon request, at the end of each fiscal year of the LLC, the Accountants will prepare and deliver to the Members so-called “Information Returns” indicating the profits and losses of the LLC and the allocation thereof to the Members.
Statements of Financial Condition. 14 Section 5.5. Audit.................................................................................14 Section 5.6.
Statements of Financial Condition. The Controller shall prepare and certify a statement of the financial condition of Limited as of the last day of each calendar month of each Limited Fiscal Year, and statements of income and changes in financial condition for each calendar month of each Limited Fiscal Year. Copies shall be furnished to each of the Members within 20 days after the end of each calendar month to the extent feasible. An annual statement of the financial condition of Limited and related statements of income and changes in financial condition (unaudited) shall be furnished to the Members within 30 days after the close of the Limited Fiscal Year, to the extent feasible.
Statements of Financial Condition. (a) The BMS Partner and the Sanofi Partner shall jointly prepare, and the BMS Partner shall have the final authority to determine and to deliver to the Sanofi Partner in accordance with applicable law and regulations and at the Partnership’s expense:
(i) within 30 days after the end of each calendar month, a statement listing, for the preceding month and for the Fiscal Year through the last day of such month (x) country-by-country and aggregate territorial financial statements for the Co-Promotion Entities in Territory B, (y) Net Sales of the Products in the countries in Territory B in which there is Co-Marketing of the Products and (z) Territory-wide marketing and developmental expenses incurred by the Partnership;
(ii) by November 15 of each Fiscal Year, (x) the aggregate of annual budgets for the upcoming Fiscal Year for sales and pre-tax profits for the Co-Promotion Entities (the “Annual Budgetary Targets”) for each Product and projections for aggregate sales and aggregate pre-tax profits for the Co-Promotion Entities for the subsequent three Fiscal Years (“Long-Range Plans”) for each Product, which budgetary targets and projections shall be substantially in the form of Schedules SS_NYL2/121210 19 (PA_79524 2) * CONFIDENTIAL TREATMENT REQUESTED. CONFIDENTIAL PORTION HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION
7.01 (a)(iii)-l and 7.01(a)(iii)-2 attached hereto; it being agreed that pre-tax profits shall be calculated by [*], and sales shall be calculated by [*], each in accordance with the methodology established by the Finance Committee, (y) a statement listing, (1) for each country where there is Co-Promotion of the Products, the expected Net Sales and pre-tax profits for each Product for the upcoming Fiscal Year, and projections for Net Sales and pre-tax profits of each Product for the subsequent three Fiscal Years and (2) for each country where there is Co-Marketing of the Products, the expected Net Sales of each Product for the upcoming Fiscal Year, and projections for Net Sales of each Product for the subsequent three Fiscal Years and (z) the annual budget for the Partnership;
(iii) during April, July and October of each Fiscal Year, a statement providing revised annual projections of aggregate sales and pre-tax profits for such Co-Promotion Entities for each Product for such Fiscal Year (which shall be calculated in the same manner as, and compared to, the Annual Budgetary Targets for such Fiscal Year approved by the All...
