Common use of Annual Consolidated Financial Statements Clause in Contracts

Annual Consolidated Financial Statements. Within ninety (90) days after the end of each fiscal year of Borrower, the consolidated balance sheet of Borrower and its Subsidiaries (on a consolidated basis) as of the end of such fiscal year and the consolidated statements of operations, stockholders' equity and cash flows of Borrower and its Subsidiaries (on a consolidated basis) for such fiscal year, in each case certified, without material qualifications or limitations as to scope of the audit, by independent public accountants of recognized standing as having been prepared in accordance with GAAP consistently applied;

Annual Consolidated Financial Statements. Within ninety (90) days after the end of each fiscal year of Borrower, the consolidated balance sheet of Borrower and its Subsidiaries (on a consolidated basis) as of the end of such fiscal year and the consolidated statements of operations, stockholders' ’ equity and cash flows of Borrower and its Subsidiaries (on a consolidated basis) for such fiscal year, in each case certified, without material qualifications or limitations as to scope of the audit, by independent public accountants of recognized standing as having been prepared in accordance with GAAP consistently applied;