Examples of Financial Reporting Party in a sentence
Since the Annual Financial Statement Date, there has been no material adverse change in the consolidated business, operations or financial condition of the Financial Reporting Party taken as a whole from that set forth in said Financial Statements nor is Seller aware of any state of facts which (without notice or the lapse of time) would or could result in any such material adverse change or could have a Material Adverse Effect.
All such Financial Statements are complete and 44 LEGAL02/44212932v3 correct and fairly present, in all material respects, the consolidated and consolidating financial condition of the Financial Reporting Party and the consolidated and consolidating results of its operations as at such dates and for such monthly periods, all in accordance with GAAP.
Financial Reporting Party shall (i) provide notice of any additional material Indebtedness (other than (x) the Scheduled Indebtedness listed under the definition thereof and (y) usual and customary accounts payable for a mortgage company) and (ii) upon request by Xxxxx, provide details related to Indebtedness including but not limited to tenor, facility size and such other details that are not subject to any obligation of confidentiality.