Tenant Financials. Landlord requires a period of five (5) business days from acceptance of this Lease by Tenant to review Xxxxxx’s credit worthiness with respect to the financial obligations contemplated in this Lease. Financial information must be submitted to Landlord immediately upon acceptance hereof by Xxxxxx. If the Landlord does not execute this Lease within five (5) business days evidencing such approval within the aforesaid time period, this Lease shall be deemed to have been terminated by Landlord and neither party shall have any rights or obligations towards the other arising therefrom
Tenant Financials. If Tenants is not a company whose capital stock is traded on a recognized public exchange, within fifteen (15) days after Landlord’s demand therefor in connection with a sale or financing of the Building, which may be made no more often than once per year or during a monetary Event of Default, Tenant shall furnish to Landlord, at Tenant’s sole cost and expense, then current financial statements of Tenant, audited, if audited statements have been recently prepared on behalf of Tenant, or otherwise certified as being true and correct in all material respects by the chief financial officer of Tenant, or by Tenant if the same is an individual.
Tenant Financials. Tenant represents and warrants that it is a wholly owned subsidiary of AstraZeneca plc (“Parent”) and that as of December 31, 2023, Tenant represented approximately [****]% of Parent’s total 2023 revenue of approximately $45 billion. Tenant further represents and warrants that as of the Effective Date, Tenant has sufficient current assets to pay its current liabilities as they become due and mature, and has access to adequate capital for its business, including lease obligations. Within no more than twenty (20) business days after written request by Landlord, which may be made once in any consecutive twelve (12) month period, Tenant shall execute a certificate to Landlord, its lender(s) and its/their successors and assigns and any prospective purchaser of the Property, updating Tenant’s percentage of Parent’s total revenue and the amount of Parent’s total revenue as of the end of the then-most-recent fiscal year. U. OFAC.
Tenant Financials. Borrowers will (i) use commercially reasonable efforts to purse delivery to Borrowers of the financial statements of any Tenant (or Lease guarantor) that is obligated under the terms of its Lease to deliver financial statements, and (ii) to the extent actually received by Borrowers, promptly provide Administrative Agent copies thereof to the extent such financial statements are not required to be kept confidential by any Borrower pursuant to the applicable Lease.
Tenant Financials. To the extent Tenant’s financials are not publicly available, Tenant will provide Landlord and Lender the same upon request.
Tenant Financials. Should Tenant fail to make the timely payment of Rent on more than two (2) occasions during any one lease year Tenant shall provide the Landlord with a copy of the Tenant's most recent financial statements (to include. At least, a current balance sheet and statements of profit and loss and cash now, all prepared in accordance with GAAP, consistently applied) which shall be ce1tified by an officer/manager of the Tenant.
Tenant Financials. At any time during the Lease Term, but not more than once per year (unless in connection with a sale or financing of the Building by Landlord), Landlord may require Tenant to provide Landlord with (i) a balance sheet for the most recent quarter-end date, (ii) a statement of cash flows for the most recent quarter-end date, and (iii) an income statement for the trailing twelve (12)month period ending on the most recent month end date. Such statements shall be prepared in accordance with generally accepted accounting principles and, if such is the normal practice of Tenant, shall be audited by an independent certified public accountant. Landlord shall hold such statements confidential. Notwithstanding the foregoing, in the event that (i) stock in the entity which constitutes Tenant under this Lease (as opposed to an entity that "controls" Tenant or is otherwise an "affiliate" of Tenant) is publicly traded on a national stock exchange, and (ii) Tenant has its own, separate and distinct 10K and 10Q filing requirements (as opposed joint or cumulative filings with an entity that controls Tenant or with entities which are otherwise affiliates of Tenant), then Tenant's obligation to provide Landlord with a copy of its most recent current financial statement shall be deemed satisfied.
Tenant Financials. Lessee agrees to deliver to Lessor a copy of Lessee's most recent financial statements within 15 days after requested by Lessor. Financial statements are to include Lessee's balance sheet, income and expense statement. In the event of Lessors review of such information Lessor agrees to treat financial information as confidential and shall share such information only with financial advisors, lenders, purchasers or entities with a legitimate need to know such information.
Tenant Financials. Tenant shall, from time to time, upon request by Landlord, a Superior Mortgagee or Superior Lessor or a prospective Superior Mortgagee or Superior Lessor (any such party a “Requesting Party”), cooperate with such Requesting Party in order to evidence Tenant’s finances as required by such Requesting Party (or, in the case of Landlord, as required by Landlord or any current or prospective Superior Mortgagee or Superior Lessor) in connection with a prospective modification of, or new, superior lease, a prospective refinancing or modification of, or new mortgage, or a prospective sale, assignment or financing or refinancing of Landlord’s interest in this Lease, the Building or any interest in Landlord or any of Landlord’s direct or indirect owners, in each case, which transaction Landlord is actively negotiating with such counterparty or for any other reasonable purpose by making available to the Requesting Party at the offices of Tenant located in New York, New York, within 10 Business Days after request by such Requesting Party, all financial information regarding Tenant which is reasonably necessary for such Requesting Party to evidence Tenant’s finances. As a condition to Tenant’s obligation to provide such financial information to any Requesting Party, prior to Tenant’s delivery of such financial information, the Requesting Party shall execute and deliver a confidentiality agreement with respect to such financial information substantially in the form attached hereto as Exhibit N, subject to reasonable negotiation at the request of the Requesting Party. The provisions of this Section 8.23 shall not be applicable to any Tenant for so long as it is a publicly traded company.
Tenant Financials. If Landlord is required to furnish that information in connection with the closing of a proposed sale or refinancing of the Project or if Tenant is in default hereunder, Tenant shall provide Landlord, upon ten (10) days’ prior notice from Landlord, with a current financial statement for Tenant’s business. The information provided by Tenant shall be kept confidential by Landlord and Landlord’s lender or prospective purchaser, except to the extent already a part of the public domain, disclosure is required by applicable Governmental Regulations or to enforce this Lease.
