Financial Information, etc Sample Clauses
The 'Financial Information, etc' clause requires one party to provide specified financial data or related documents to the other party, typically to demonstrate financial stability, compliance, or performance. This may include sharing audited financial statements, balance sheets, or other relevant records on a regular basis or upon request. The core function of this clause is to ensure transparency and enable the receiving party to assess financial health or risk, thereby supporting informed decision-making and fostering trust between the parties.
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Financial Information, etc. The Agent shall have received:
(i) audited consolidated financial statements of the Borrower and its Subsidiaries for the Fiscal Year ended December 31, 2023; and
(ii) unaudited consolidated balance sheets of the Borrower and its Subsidiaries for the Fiscal Quarter ended March 31, 2024, together with the related consolidated statement of operations, shareholder’s equity and cash flows for such Fiscal Quarter.
Financial Information, etc. The Borrower will furnish, or will cause to be furnished, to the Administrative Agent and each Lender copies of the following financial statements, reports and information:
(a) promptly when available and in any event within 90 days after the close of each Fiscal Year
(i) a balance sheet at the close of such Fiscal Year, and statements of operations, of shareholders' equity and of cash flows for such Fiscal Year, of the Borrower and its Consolidated Subsidiaries certified without Impermissible Qualification by independent public accountants of recognized standing selected by the Borrower and reasonably acceptable to the Required Lenders,
(ii) a Compliance Certificate calculated as of the close of such Fiscal Year,
(iii) a projected financial statement of the Borrower and its Consolidated Subsidiaries for the following Fiscal Year, and
(iv) the report filed by the Borrower with the SEC on Form 10-K for such Fiscal Year;
(b) promptly when available and in any event within 45 days after the close of each of the first three Fiscal Quarters of each Fiscal Year
(i) a balance sheet at the close of such Fiscal Quarter and statements of operations, of income and of cash flows for the period commencing at the close of the previous Fiscal Year and ending with the close of such Fiscal Quarter, of the Borrower and its Consolidated Subsidiaries certified by the chief accounting or financial Authorized Officer of the Borrower,
(ii) a Compliance Certificate calculated as of the close of such Fiscal Quarter, and
(iii) the report filed by the Borrower with the SEC on Form 10-Q for each such Fiscal Quarter;
(c) promptly upon receipt thereof and upon request of the Administrative Agent or any Lender, copies of all management letters submitted to the Borrower by independent public accountants in connection with each annual or interim audit made by such accountants of the books of the Borrower or any Subsidiary;
(d) promptly upon the incorporation or acquisition thereof, information regarding the creation or acquisition of any new Subsidiary;
(e) promptly when available and in any event within ten days of publication, all material filings with the SEC;
(f) within 45 days after the close of each Fiscal Quarter, an Applicable Margin Determination Ratio Certificate; and
(g) such other information with respect to the financial condition, business, property, assets, revenues and operations of the Borrower and Subsidiaries as the Administrative Agent or any Lender may from time to ti...
Financial Information, etc. It will maintain, and cause each of its Subsidiaries to maintain, a system of accounting established and administered in accordance with sound business practices to permit preparation of financial statements in conformity with GAAP. TAG will deliver or make available to the Administrative Agent and each Lender copies of the following financial statements, reports and information:
(a) promptly when available and in any event within ninety (90) days after the close of each Fiscal Year, a consolidated balance sheet and a consolidating balance sheet for TAG and its Subsidiaries at the close of such Fiscal Year, and related consolidated and consolidating statements of operations, retained earnings, and (in the case of the consolidated financials only) cash flows for such Fiscal Year, of TAG and its Subsidiaries (with (in the case of the consolidated financials only) comparable information at the close of and for the prior Fiscal Year beginning with the Fiscal Year ending December 31, 2006 and for the Projections) certified (in the case of consolidated statements) without qualification by Singer Lewak Greenbaum & Goldstein LLP or other independent public accounta▇▇▇ ▇▇▇▇▇nab▇▇ ▇▇▇▇▇▇actory to the Administrative Agent, which statements shall be delivered together with TAG management's discussion and analysis of financial condition and results of operation of TAG and its Subsidiaries;
(b) promptly when available and in any event within ninety (90) days after the close of each Fiscal Year, a Compliance Certificate calculated as of the computation date at the close of such Fiscal Year, together with such supplements to the schedules to the Perfection Certificate as are necessary to accurately reflect the information to be included on each such Schedule as of the end of each Fiscal Year;
(c) promptly when available and in any event within forty-five (45) days after the close of each calendar month of each Fiscal Year a consolidated balance sheet for TAG and its Subsidiaries at the close of such month and consolidated statements of operations and retained earnings and, starting with the reporting for the month of October 2006, cash flows, for such month and for the period commencing at the close of the previous Fiscal Year and ending with the close of such month, of TAG and its Subsidiaries (with comparable information at the close of and for the corresponding month of the prior Fiscal Year and for the corresponding portion of such prior Fiscal Year and, starting with...
Financial Information, etc. The Administrative Agent and each Lender shall have received:
(a) audited consolidated financial statements of the Borrower and the Subsidiaries for each of the Fiscal Years ended December 31, 2020 and December 31, 2021; and
(b) unaudited consolidated balance sheets of the Borrower and the Subsidiaries for the Fiscal Quarters ended March 31, 2022, June 30, 2022 and September 30, 2022, together with the related consolidated statements of income, stockholders’ equity and cash flows for the twelve months then ended.
Financial Information, etc. The Administrative Agent shall have received:
(i) audited consolidated financial statements of the Borrower and its Subsidiaries for the fiscal year ended December 31, 2019; and
(ii) unaudited consolidated balance sheets of the Borrower and its Subsidiaries for each fiscal quarter ended after December 31, 2019 and at least twenty (20) Business Days prior to the Closing Date, together with the related consolidated statement of operations for each such fiscal quarter.
Financial Information, etc. The Lender shall have received
(a) audited consolidated financial statements of the Borrower and the Subsidiaries for each of the fiscal years ended December 31, 2010 and December 31, 2011.
(b) unaudited consolidated balance sheets of the Borrower and the Subsidiaries for each fiscal quarter ended after January 1, 2012 and prior to January 1, 2013, together with the related consolidated statement of operations, shareholder’s equity and cash flows for the twelve months then ended; and
(c) such other financial information as to the Borrower and the Subsidiaries and their respective businesses, assets and liabilities as the Lender may reasonably request.
Financial Information, etc. Administrative Agent shall have received evidence of pro forma financial covenant compliance with the covenants set forth in Section 7.2.4.
Financial Information, etc. The Administrative Agent shall have received on or before the Effective Date a certificate of a Financial Officer of CatchMark Timber attaching true and correct copies of (a) the annual audit report required by Section 7.1.1(b) for the Fiscal Year ended December 31, 2016, and (b) pro forma financial projections for CatchMark Timber and its Subsidiaries for the 24-month period ending December 31, 2019, prepared on a quarterly basis for such period.
Financial Information, etc. The Administrative Agent shall have received:
(i) audited consolidated financial statements of Parent and its Subsidiaries for the fiscal year ended December 31, 2017; provided that Parent’s filing of an Annual Report on Form 10-K with the SEC with respect thereto shall be deemed to satisfy the requirements of this Section; and
(ii) unaudited consolidated balance sheets of Parent and its Subsidiaries for each fiscal quarter ended after December 31, 2017, together with the related consolidated statement of operations for such fiscal quarter; provided that Parent’s filing of a Quarterly Report on Form 10-Q with the SEC with respect to each such quarter shall be deemed to satisfy the requirements of this Section.
Financial Information, etc. The Agents shall have received, with counterparts for each Lender,