Common use of Balance Sheet; Financial Statements Clause in Contracts

Balance Sheet; Financial Statements. Seller shall use its Reasonable Best Efforts to deliver to Buyer the May Balance Sheet by December 31, 2007, but in any event no later than five (5) Business Days following delivery of the May Balance Sheet to the lenders pursuant to the Seller Credit Agreement or any successor financing arrangements of Seller and its Affiliates. During the Interim Period, Sellers shall deliver to Buyer true and correct copies of financial statements of the Project Company no later than five (5) Business Days following delivery of financial statements to the lenders pursuant to the Seller Credit Agreement or any successor financing arrangements of Seller and its Affiliates.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (CMS Energy Corp), Purchase and Sale Agreement (Consumers Energy Co)