Borrower Financials definition

Borrower Financials has the meaning specified in Section 7.1.
Sample 1Sample 2Sample 3
Borrower Financials means, as of any date, (i) the balance sheet of Borrower as of the most recent month-end that is between 60 and 95 calendar days prior to the date of delivery to Lender, in the form prepared by Xxxx Xxxxx provided to Lender on August 2, 2018 (“Balance Sheet”), (ii) in respect of each Asset being relied upon to satisfy the NAV Condition (other than Shares or Units), evidence provided directly from the institution at which such Asset is held or credited of the total amount and type of such Asset held or credited in the form customary for such type of Asset and such institution (“Account Balance”) and (iii) a certificate from Borrower’s Principal Accounting Officer substantially in the form of the certificate attached as Annex B hereto, certifying as to the accuracy of the information provided in the foregoing clauses (i) and (ii) (“Financial Certificate”).
Sample 1

Examples of Borrower Financials in a sentence

  • Promptly after preparation but no later than 60 days after the last day of each fiscal quarter of Borrower, Financials showing the Companies' consolidated financial condition and results of operations for that fiscal quarter and for the period from the beginning of the current fiscal year to the last day of that fiscal quarter, accompanied by a Compliance Certificate with respect to the period covered by such Financials.

  • Promptly after preparation but no later than 45 days after the last day of each fiscal quarter of Borrower, Financials showing the Companies' consolidated and consolidating financial condition and results of operations for that fiscal quarter and for the period from the beginning of the current fiscal year to the last day of that fiscal quarter, accompanied by a Compliance Certificate with respect to the period covered by such Financials.

  • For the purposes of this Section 3(j), “Information” means (i) the terms of this Master Confirmation, the Collar Confirmation, the Pledge Agreement, any Transaction, any potential Transaction, any Collar Transaction and any potential Collar Transaction and (ii) all information received from or on behalf of Borrower relating to Borrower or its affiliates or their businesses (including, for the avoidance of doubt, any Borrower Financials and Supplemental Certificates).

Related to Borrower Financials

  • Borrower Financial Statements has the meaning assigned to such term in Section 4.4(a).

  • Seller Financial Statements has the meaning set forth in Section 3.5(a).

  • Buyer Financial Statements shall have the meaning set forth in Section 4.6.

  • Purchaser Financial Statements shall have the meaning specified in Section 4.8.1.

  • Interim Financials has the meaning set forth in Section 5.5(b).

  • Applicable Financial Statements means, as at any date, the most-recent audited financial statements of the Borrower delivered to the Lenders; provided that if immediately prior to the delivery to the Lenders of new audited financial statements of the Borrower a Material Adverse Change (the “Pre-existing MAC”) shall exist (regardless of when it occurred), then the “Applicable Financial Statements” as at said date means the Applicable Financial Statements in effect immediately prior to such delivery until such time as the Pre-existing MAC shall no longer exist.

  • Interim Financial Statements has the meaning set forth in Section 3.06.

  • Historical Financial Statements means the audited consolidated balance sheets of the Borrower as of December 31, 2006 and December 31, 2005 and the audited consolidated statements of income, stockholders’ equity and cash flows of the Borrower for each of the fiscal years in the three year period ending on December 31, 2006.

  • Pro Forma Financial Statements shall have the meaning set forth in Section 5.5(b) hereof.

  • Financials means the financial statements delivered, or required to be delivered, pursuant to Section 9.1(a) or (b) together with the accompanying officer’s certificate delivered, or required to be delivered, pursuant to Section 9.1(d).

  • Parent Financial Statements has the meaning set forth in Section 4.6(a).

  • Original Financial Statements means the audited consolidated financial statements of the Guarantor for the financial year ended 31 December 2014.

  • Year-End Financial Statements has the meaning set forth in Section 3.06.

  • Consolidated Financial Statements means, with respect to any Person, collectively, the consolidated financial statements and notes to those financial statements, of that Person and its Consolidated Subsidiaries prepared in accordance with GAAP.

  • Target Financial Statements has the meaning set forth in Section 3.4.

  • Closing Financial Statements has the meaning set forth in Section 6.22.

  • Financial Statement Date means December 31, 1999.

  • Statutory Financial Statements means, with respect to any Party, the annual and quarterly statutory financial statements of such Party filed with the Governmental Body charged with supervision of insurance companies in the jurisdiction of domicile of such Party to the extent such Party is required by Applicable Law to prepare and file such financial statements.

  • Current Financial Statements has the meaning given to such term in Section 5.9.

  • Company Financial Statements has the meaning set forth in Section 3.6(a).

  • Borrower Parties means the collective reference to the Borrower and its Restricted Subsidiaries, and “Borrower Party” means any one of them.

  • Initial Financial Statements means, collectively, (a) the audited annual consolidated financial statements of the Borrower dated as of December 31, 2014 and (b) the unaudited quarterly consolidated financial statements of the Borrower dated as of September 30, 2015.

  • Company Interim Financial Statements has the meaning specified in Section 4.08(a).

  • Consolidated Financials means, for any Fiscal Year or other accounting period of Five Star, annual audited and quarterly unaudited financial statements of Five Star prepared on a consolidated basis, including Five Star’s consolidated balance sheet and the related statements of income and cash flows, all in reasonable detail, and setting forth in comparative form the corresponding figures for the corresponding period in the preceding Fiscal Year, and prepared in accordance with GAAP throughout the periods reflected.

  • Financial Statements has the meaning set forth in Section 3.06.

  • Unaudited Financial Statements has the meaning set forth in Section 3.4(a).