Common use of Annual Financial Information Clause in Contracts

Annual Financial Information. As soon as practicable after the end of each fiscal year of Borrower, but no later than one hundred twenty (120) days thereafter, an audited consolidated balance sheet of Borrower and its subsidiaries as at the end of such fiscal year, and consolidated statements of income and cash flows of Borrower and its subsidiaries for such year, prepared in accordance with generally accepted accounting principles and setting forth in each case in comparative form the financial statements for the previous fiscal year, all in reasonable detail and audited and certified by independent public accountants acceptable to Lender.

Appears in 6 contracts

Samples: Revolving Convertible Credit Agreement (Security Intelligence Technologies Inc), Revolving Credit Agreement (Marketwatch Com Inc), Revolving Credit Agreement (Security Intelligence Technologies Inc)

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Annual Financial Information. As soon as practicable available and in any event within ninety (90) days after the end of each fiscal year of Borroweryear, but no later than one hundred twenty (120) days thereafter, an audited a consolidated balance sheet of the Borrower and its subsidiaries as at of the end of such fiscal year, year and consolidated statements of income income, cash flow and cash flows retained earnings of the Borrower and its subsidiaries for such year, prepared in accordance with generally accepted accounting principles and setting forth in each case in comparative form the financial statements for the previous fiscal year, all in reasonable detail and year audited and certified by Xxxx & Associates LLP or other independent public registered accountants reasonably acceptable to the Lender, acting reasonably.

Appears in 2 contracts

Samples: Loan Agreement (Uranium Resources Inc /De/), Bridge Loan Agreement (Uranium Resources Inc /De/)

Annual Financial Information. As soon as practicable available and in any event within ninety (90) days after the end of each fiscal year of Borroweryear, but no later than one hundred twenty (120) days thereafter, an audited a consolidated balance sheet of the Borrower and its subsidiaries as at of the end of such fiscal year, year and consolidated statements of income income, cash flow and cash flows retained earnings of the Borrower and its subsidiaries for such year, prepared in accordance with generally accepted accounting principles and setting forth in each case in comparative form the financial statements for the previous fiscal year, all in reasonable detail and year audited and certified by UHY XxXxxxxx Xxxxxx LLP or other independent public registered accountants reasonably acceptable to the Lender.

Appears in 1 contract

Samples: Loan Agreement (Westwater Resources, Inc.)

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Annual Financial Information. As soon as practicable available and in any event within ninety (90) days after the end of each fiscal year of the Borrower, but no later than one hundred twenty (120) days thereafter, an audited a consolidated balance sheet of the Borrower and its subsidiaries as at of the end of such fiscal year, year and consolidated statements of income income, cash flow and cash flows retained earnings of the Borrower and its subsidiaries for such year, prepared in accordance with generally accepted accounting principles and setting forth in each case in comparative form the financial statements for the previous fiscal year, all in reasonable detail and year audited and certified by independent chartered public accountants reasonably acceptable to the Lender.

Appears in 1 contract

Samples: Bridge Loan Agreement (Gryphon Gold Corp)

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