Annual SAP Financial Statements definition

Annual SAP Financial Statements shall have the meaning set forth in Section 16.01(j).
Annual SAP Financial Statements has the meaning set forth in Section 3.6.
Annual SAP Financial Statements. As soon as available, and in any event within fifteen (15) days following the filing of Annual SAP Financial Statements with the Applicable Insurance Regulatory Authority, copies of the (if required to be filed with a regulatory authority) SAP Financial Statements for such Obligor, in each case setting forth in comparative form the figures for the preceding fiscal year and prepared in accordance with SAP, all in reasonable detail and certified as presenting fairly in accordance with SAP, the financial condition of such Obligor by a senior officer of such Obligor. Such Annual SAP Financial Statements shall be accompanied by a summary of the applicable fiscal year prepared by the management of such Obligor.

Examples of Annual SAP Financial Statements in a sentence

  • The Cedant has provided to the Reinsurer true, complete and correct copies of (i) the annual statement and audited Cedant SAP financial statements, including the related footnotes, as of and for the year ended December 31, 2019 (the “Annual SAP Financial Statements”) and (ii) the quarterly statement as of and for the calendar quarter ended March 31, 2020 (together with the Annual SAP Financial Statements, “SAP Financial Statements”) of the Cedant.

  • Such Annual SAP Financial Statements shall be accompanied by a summary of the applicable fiscal year prepared by the management of the Obligor.

  • The balance sheets and income statements included in the Annual SAP Financial Statements have been audited by independent auditors.

Related to Annual SAP Financial Statements