Examples of Operating Statements in a sentence
The complete suite of Financial Statements which includes the Operating Statements, Statement of Financial Position, Statement of Financial Activity and other related information are reported on a monthly basis.
Borrower has given to Lender true, correct and complete copies (which representation, with respect to any of the following items made available to Borrower by Persons other than Affiliates of Borrower, is made to the best of Borrower’s knowledge) of all Leases, organizational documents, Financial Statements, Operating Statements, and all other documents and instruments referred to in the Loan Documents as having been delivered to Lender.
These are more traditional accrual-based Operating Statements consolidating all Council operations except Trust Fund transactions.
Each of the Operating Statements to be delivered to Lender pursuant to Section 6.1(a) (a) has been or will be, as applicable, prepared in accordance with the books and records of the Property, and (b) fairly presents or will fairly present, as applicable, the results of operations of the Property for the period then ended.
All such Operating Statements shall be certified as true, correct and complete by Borrower.