Common use of Audit qualification Clause in Contracts

Audit qualification. The Auditors qualify their report on any audited consolidated financial statements of the Borrower other than with a qualification of a minor or technical nature.

Appears in 6 contracts

Sources: Revolving Credit Facility Agreement (Alstom), Revolving Credit Agreement (Alstom), Revolving Credit Agreement (Alstom)

Audit qualification. The Auditors qualify their report on any audited consolidated financial statements of the Borrower other than with a qualification of a minor nature or of a technical naturenature which is immaterial.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Alstom), Subordinated Debt Facility Agreement (Alstom)

Audit qualification. The Auditors qualify their Auditor qualifies its report on any audited consolidated financial statements of any Obligor in circumstances where the Borrower other than with a matters in respect of which such qualification was made are, or could reasonably be expected to be, materially adverse to the interests of a minor or technical naturethe Lenders.

Appears in 2 contracts

Sources: Facility Agreement (NorthStar Healthcare Income, Inc.), Facility Agreement (Northstar Realty Finance Corp.)

Audit qualification. The Auditors auditors qualify their report on any audited consolidated financial statements statement of the Borrower other than with a qualification Group or any audited financial statement of a minor or technical naturethe Borrower.

Appears in 1 contract

Sources: Facility Agreement (China Shandong Industries, Inc.)