ANNUAL FINANCIAL REVIEW Sample Clauses

ANNUAL FINANCIAL REVIEW. Beginning in fiscal year 2011-2012, and continuing annually thereafter, there shall be a financial review of CONTRACTOR to be completed by a qualified outside agency. A final report of said review shall be provided to the County within a reasonable amount of time. A full financial audit of CONTRACTOR shall be required for any year in which said financial review indicates irregularity. [END OF GENERAL TERMS AND CONDITIONS] EXHIBIT A DEFINITION OF SERVICES CONTRACTOR shall provide the following services:
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ANNUAL FINANCIAL REVIEW. BC Housing will conduct an annual financial review of the Provider. To facilitate the annual financial review, the Provider will:
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ANNUAL FINANCIAL REVIEW. Each year at Credit Union's written request Certegy shall provide to Credit Union a copy of the most recent annual report of its publicly held parent corporation and a copy of the most recent third party auditors' review and report on the design and compliance test of Certegy's card processing system (SAS 70).
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ANNUAL FINANCIAL REVIEW. A. Contractor shall submit a Year-end Financial Report to the Contract Administrator. This report shall include annual financial statements reviewed by an independent public accounting firm in accordance with Generally Accepted Accounting Principles. Statements shall be available to the Contract Administrator on an annual basis within 120 calendar days of the close of Contractor’s fiscal year. If Contractor’s financial statements are prepared on a consolidated basis, then separate balance sheets and income statements for the San Xxxxxxx County operation shall be required and shall be subject to the independent auditor’s review. Contractor shall make all financial records for San Xxxxxxx County contract services available to the County at County’s request.
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ANNUAL FINANCIAL REVIEW. The Lender shall have the right to conduct an annual financial review of this credit facility on or about December 15 of each year at its own cost during the term of this Credit Agreement.
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ANNUAL FINANCIAL REVIEW. Contractor shall submit an Year-end Financial Report to the Contract Administrator. This report shall include annual financial statements reviewed by an independent public accounting firm in accordance with generally accepted accounting procedures. Statements shall be available to the Contract Administrator within one hundred twenty (120) calendar days of the close of each fiscal year. If Contractor’s financial statements are prepared on a consolidated basis, then separate balance sheets and income statements for the San Xxxxxxx County operation shall be required and shall be subject to the independent auditor’s review. Contractor shall make all financial records for San Xxxxxxx County contract services available to the County at County’s request. Contractor agrees that all revenue generated using personnel or equipment expensed as described in this Agreement, as well as the subsidy paid by any government entity within San Xxxxxxx County will be credited to San Xxxxxxx County revenues.
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ANNUAL FINANCIAL REVIEW. 1. Where the total value of the Provider’s contracts with BC Housing is $100,000.00 or more per annum, BC Housing will conduct an annual financial review of the Provider.
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Related to ANNUAL FINANCIAL REVIEW

  • Annual Financial Statements Within 90 days after the end of each Fiscal Year, commencing with the Fiscal Year ending December 31, 2011, (i) the consolidated balance sheets of Borrower and its Subsidiaries as at the end of such Fiscal Year and the related consolidated statements of income, stockholders’ equity and cash flows of Borrower and its Subsidiaries for such Fiscal Year, setting forth in each case in comparative form the corresponding figures for the previous Fiscal Year commencing with the first Fiscal Year for which such corresponding figures are available, all in reasonable detail, together with a Financial Officer Certification and a Narrative Report with respect thereto; and (ii) with respect to such consolidated financial statements a report thereon by an independent certified public accountant (or accountants) of recognized national standing selected by Borrower, and reasonably satisfactory to Administrative Agent (which report and/or the accompanying financial statements shall be unqualified as to going concern and scope of audit, and shall state that such consolidated financial statements fairly present, in all material respects, the consolidated financial position of Borrower and its Subsidiaries as at the dates indicated and the results of their operations and their cash flows for the periods indicated in conformity with GAAP applied on a basis consistent with prior years (except as otherwise disclosed in such financial statements) and that the examination by such accountants in connection with such consolidated financial statements has been made in accordance with generally accepted auditing standards) together with a written statement by such independent certified public accountants stating (1) that their audit examination has included a review of the terms of Section 6.7 of this Agreement and the related definitions, (2) whether, in connection therewith, any condition or event that constitutes a Default or an Event of Default under Section 6.7 has come to their attention and, if such a condition or event has come to their attention, specifying the nature and period of existence thereof, and (3) that nothing has come to their attention that causes them to believe that the information contained in any Compliance Certificate is not correct or that the matters set forth in such Compliance Certificate are not stated in accordance with the terms hereof (which statement may be limited to the extent required by accounting rules or guidelines);

  • Monthly Financial Reports Manager shall cause to be prepared and delivered to Tenant reasonably detailed unaudited monthly operating reports (the “Monthly Reports”) that reflect the operational results of the Managed Facility for each month of each Operating Year. Manager shall deliver each Monthly Report to Tenant on or before the twenty fifth (25th) day of the month following the month (or partial month) to which such Monthly Report relates. At a minimum, the Monthly Reports shall include: (a) a balance sheet including current and prior month and prior year-end comparisons (to the extent applicable) and differences in reasonable detail; (b) an income and expense statement for such month and for the elapsed portion of the current Operating Year through the end of such month (with comparison to previous year); (c) a statement of cash flows for such month and for the elapsed portion of the current Operating Year through the end of such month (with comparison to previous year) in reasonable detail to allow Tenant to identify and ascertain sources and uses thereof; (d) a statement of account balances in each Bank Account; and (e) such other reports or information otherwise specified in this Agreement to be provided to Tenant on a monthly basis or as Tenant and Manager may reasonably agree from time to time. Notwithstanding anything to the contrary contained in this Section 10.2, Manager shall not be obligated to deliver a Monthly Report for the last month of each calendar quarter.

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