F inancial Statements Clause Samples
F inancial Statements. So long as the Named Tenant is the Tenant under this Lease, the provisions of this Section shall not apply. In the event Named Tenant assigns, sublets or otherwise transfers its interest in this Lease, and in order to induce Landlord to enter into this Lease, Tenant agrees that any transferee of the Named Tenant’s interest hereunder shall promptly furnish Landlord, from time to time, upon Landlord’s written request, with financial statements reflecting such Tenant’s current financial condition. Such party shall represent and warrant that all financial statements, records, and information furnished to Landlord in connection with this Section are true, correct, and complete in all material respects. In the event Tenant’s financial statements are available by public means (e.g., the internet) then the foregoing provision will not be applicable.
F inancial Statements. (i) The PsyTech Financial Statements: (i) are, in all material respects, consistent with the books and records of PsyTech for the periods covered thereby; (ii) contain and reflect all material adjustments for the fair presentation of the results of operations and the financial condition of the business of PsyTech for the periods covered thereby; and (iii) present fully, fairly and correctly, in accordance with IFRS, in all material respects, the assets and financial condition of PsyTech as at the dates thereof and the results of operations and the changes in financial position for the periods then ended, and nothing has occurred since the date of the PsyTech Financial Statements which would have a PsyTech Material Adverse Effect. PsyTech has sufficiently accrued in the PsyTech Financial Statements an adequate reserve related to present or future abandonment costs, in accordance with IFRS. PsyTech has no consolidated assets other than as set forth in the PsyTech Financial Statements. Other than as provided in the PsyTech Disclosure Letter, PsyTech has no consolidated liabilities other than as set forth in the PsyTech Financial Statements or as incurred in connection with the transactions contemplated hereby.
(ii) PsyTech’s net working capital as of the date hereof is as set out in the Interim Budget.
F inancial Statements. In the event a Guaranty is provided as Performance Security in lieu of cash or a Letter of Credit, Seller shall provide to Buyer, or cause the Guarantor to provide to Buyer, unaudited quarterly and annual audited financial statements of the Guarantor (including a balance sheet and statements of income and cash flows), all prepared in accordance with generally accepted accounting principles in the United States, consistently applied.
F inancial Statements. CONTRACTOR has delivered, or shall deliver, to the Bureau copies of the following financial statements with all sub schedules and footnotes: a balance sheet, profit and loss statement, and a change in financial position schedule for each of the prior three (3) years. Such financial statements fairly present the financial position of CONTRACTOR at the date shown and the results of its operations for the periods covered, and have been prepared in conformity with GAAP applied on a consistent basis, except as discussed in the notes to the financial statements.
F inancial Statements. Borrower shall, and Borrower shall cause each Guarantor to, provide the Funding Lender an income statement, balance sheet, global cash flow statement, contingent liability statement, and statement of retained earnings with supporting schedules ("Financial Statements"), as follows:
(a) Within days after the close of each fiscal year, a copy of the Guarantor's annual audited Financial Statement;
(b) Within days after the close of each fiscal year, commencing after the first full year of stabilized operations of the Project, a copy of the Borrower's annual audited Financial Statement;
(c) Following the Conversion Date, within 60 days of the end of each year of the Borrower, an annual operating statement with all income and expenses of the Project and a current rent roll;
(d) Upon request of the Funding Lender, for each of the three (3) months immediately preceding the Conversion Date, a monthly operating statement with all income and expenses of the Project and a current rent roll ("Operating Statements"), provided that such monthly statements shall not be required after the construction of the Project is completed and Conversion has occurred; and
(e) Promptly, upon request, provide any other information requested by Funding Lender, including information and documentation reasonably requested by Funding Lender for purposes of compliance with applicable "know your customer" requirements under the Patriot Act or other applicable anti-money laundering laws, and permit Funding Lender at any reasonable time to inspect, audit, and examine the books and records of Borrower and each Obligor, inclusive of each Guarantor, and make copies thereof.