Common use of Consolidated Statements Clause in Contracts

Consolidated Statements. Buyer acknowledges that Bloomfield Servicing is a wholly-owned subsidiary of Guarantor, and that its financial statements are prepared in connection with the preparation of audited statements for Guarantor. For the purposes of satisfying the foregoing reporting requirements with respect to Bloomfield Servicing, Sellers shall provide Buyer with copies of Guarantor's corresponding consolidated statements with consolidating information specifically applicable to each Seller and Bloomfield Servicing;