Monthly Operating Statements. Seller shall provide Buyer with a copy of the monthly operating statement for the operation of the Property on or before the ten (10) days after the end of each month commencing with the month during which the Effective Date occurs, and continuing for each full calendar month thereafter until the Closing Date.
Monthly Operating Statements. Seller shall promptly provide Buyer with copies of the monthly operating statements received from Property Owner as provided in the JDL Agreement for the operation of the Property for each month commencing with the month during which the Effective Date occurs, and continuing for each full calendar month thereafter until the Closing Date.
Monthly Operating Statements. As soon as available and in any event within 30 days after the end of each month, monthly operating statements of BOG including, without limitation, production reports and general and administrative cost summaries by lease for its Oil and Gas Properties, which reports shall include quantities or volume of production, revenue, realized product prices, taxes, capital expenditures by category and lease operating costs which have accrued to BOG's accounts in such period, and such other information with respect thereto as the Senior Loan Agent (or in the absence of a Senior Loan or Senior Loan Agent, the Agent) may require. The Borrower will furnish to the Agent, at the time it furnishes each set of financial statements pursuant to paragraph (a) or (b) above, a certificate substantially in the form of Exhibit C-2 to the Senior Credit Agreement executed by a Responsible Officer (i) certifying as to the matters set forth therein and stating that no Default has occurred and is continuing (or, if any Default has occurred and is continuing, describing the same in reasonable detail), (ii) setting forth in reasonable detail the computations necessary to determine whether the Borrower is in compliance with Sections 8.01 and 8.16 as of the end of the respective fiscal quarter or fiscal year, and (iii) certifying that said financial statements fairly present the consolidated and consolidating financial condition and consolidated results of operations in accordance with GAAP, as at the end of, and for, such period (subject to normal year-end audit adjustments).
Monthly Operating Statements. As soon as available and in any event within 30 days after the end of each month, monthly operating statements of the Borrower including, without limitation, production reports and general and administrative cost summaries by lease for its Oil and Gas Properties, which reports shall include quantities or volume of production, revenue, realized product prices, taxes, capital expenditures by category and lease operating costs which have accrued to the Borrower's accounts in such period, and such other information with respect thereto as the Agent may require.
Monthly Operating Statements. Commencing with the first calendar month after the month in which completion of construction occurs, and for each calendar month thereafter until the Conversion Date, Borrower shall prepare and deliver to Bondowner Representative, within 30 days after the end of each calendar month, an operating statement for the Property for the month then ended, together with a current rent roll and leasing status report for the Property, each certified by Borrower as being true and correct in all material respects and in form and substance satisfactory to Bondowner Representative. Borrower shall also deliver to Bondowner Representative, concurrently with Borrower’s delivery of the monthly operating statement and monthly rent roll for the Property described above, a cash flow statement for the Property for the month then ended (to the extent not reflected in the monthly operating statement), in form and substance satisfactory to Bondowner Representative.
Monthly Operating Statements. Within thirty (30) days following the end of each month during the Loan term, consolidated and consolidating (i) operating statements for each Loan Party and the Property for such month, with variance to budget reporting, in such form as Lender shall require and (ii) unaudited financial statements of each Loan Party, consisting of a balance sheet, income statement and statement of sources and uses of funds, together with related schedules and supporting reports, when applicable. Such financial statements shall be prepared on the basis of the Accounting Standard, and shall be accompanied by a certificate executed by the applicable Loan Party, certifying the completeness, fairness and consistency thereof.
Monthly Operating Statements. Within 45 days after the end of each month, a monthly written report of the operating results and material events occurring in such month which report shall also contain such other information as is reasonably requested by Lender and shall be in a form reasonably satisfactory to Lender.
Monthly Operating Statements. Not later than thirty (30) days after the end of each calendar month, Borrower will deliver to Lender unaudited monthly operating statements. Such statements for each calendar month shall be accompanied by an Officer's Certificate certifying to the best of the signer's knowledge, (A) that such statements fairly represent the financial condition and results of operations of Borrower and the Property, (B) that as of the date of such Officer's Certificate, no Default exists under this Agreement, the Note or any other Loan Document or, if so, specifying the nature and status of each such Default and the action then being taken by Borrower or proposed to be taken to remedy such Default, (C) that as of the date of each Officer's Certificate, no litigation exists involving Borrower or the Property in which the amount involved is $750,000 (in the aggregate) or more or in which all or substantially all of the potential liability is not covered by insurance, or, if so, specifying such litigation and the actions being taking in relation thereto and (D) the amount by which actual Operating Expenses, for the month ended, were greater than or less than the Operating Expenses, for the month then ended, anticipated in the applicable Annual Budget.
Monthly Operating Statements. To the extent requested by Buyer and maintained by Seller in the ordinary course of Seller’s business, Seller shall provide Buyer, within fifteen (15) days of receipt of such request, with a copy of the monthly operating statement for the prior month of operation of each Property.
Monthly Operating Statements. As soon as available and in any event within 15 days after the end of each calendar month, commencing with the calendar month in which the FLLP Cap Date occurs, unaudited statements of gross revenues and operating and other expenses for each Hotel Asset, in each case in form and detail satisfactory to the Administrative Agent and duly certified by the Chief Executive Office, Chief Financial Office or Treasurer (or other Responsible Officer performing similar functions) of the applicable Reporting Party that owns such Hotel Asset pursuant to a certificate of such officer stating that such statements fairly present, in all material respects, the financial condition of the Hotel Assets indicated as of the dates indicated.
