Common use of Annual Accounts Clause in Contracts

Annual Accounts. The Borrower shall send HBU his balance sheet, profit and loss account and notes thereto for the past financial year immediately after they have been drawn up but in any event not later than six months after the end of the relevant financial year.

Appears in 4 contracts

Samples: Credit Agreement (FreeSeas Inc.), Credit Agreement (FreeSeas Inc.), Credit Agreement (FreeSeas Inc.)

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Annual Accounts. The Borrower shall send HBU two copies of his balance sheet, profit and loss account and notes thereto for the past financial year immediately after they have been drawn up completion but in any event not later than six months after the end of the relevant his financial year.

Appears in 1 contract

Samples: FreeSeas Inc.

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