Common use of Financial and Other Reports Clause in Contracts

Financial and Other Reports. Borrower shall keep and maintain its books and records in accordance with generally accepted accounting principles, consistently applied. Borrower shall, at its expense, deliver to Lender (a) true and complete monthly agings of its accounts receivable, accounts payable and notes payable on or before the fifteenth (15th) day of each month; (b) weekly inventory reports within 2 business days after the end of each week; and (c) monthly internally prepared interim financial statements on or before the twenty-fifth day (25th) of the following month. Annually, Borrower shall deliver audited financial statements of Borrower accompanied by the report and opinion thereon of independent certified public accounts acceptable to Lender, as soon as available, but in such form and together with such information with respect to the business of Borrower or any Guarantor, as Lender may in each case request.

Financial and Other Reports. Borrower shall keep and maintain its books and records in accordance with generally accepted accounting principles, consistently applied. Borrower shall, at its expense, deliver to Lender (a) on or before Wednesday of each week, weekly inventory reports; (b) on or before the fifteenth (15th) day of each month, true and complete monthly agings of its accounts receivable, accounts payable and notes payable on or before the fifteenth (15th) day of each month; (b) weekly inventory reports within 2 business days after the end of each week; payable, and (c) monthly internally prepared interim financial statements on or before the twenty-fifth day (25th) day of the following each month, monthly internally prepared interim financial statements. Annually, Borrower shall deliver audited financial statements of Borrower accompanied by the report and opinion thereon of independent certified public accounts accountants acceptable to Lender, as soon as available, but in no event later than ninety (90) days after the end of Borrower's fiscal year. All of the foregoing shall be in such form and together with such information with respect to the business of Borrower or any Guarantorguarantor, as Lender may in each case request.

Financial and Other Reports. Borrower shall keep and maintain its books and records in accordance with generally accepted accounting principles, consistently applied. Borrower shall, at its expense, deliver to Lender (a) true and complete monthly agings of its accounts receivable, accounts payable and notes payable on or before the fifteenth (15th) day of each month; (b) weekly inventory reports within 2 business days after the end of each week; and (c) monthly internally prepared interim financial statements on or before the twenty-fifth day (25th) of the following month. Annually, Borrower shall deliver audited financial statements of Borrower accompanied by the report and opinion thereon of independent certified public accounts accountants acceptable to Lender, as soon as available, but in no event later than ninety (90) days after the end of Borrower's fiscal year. All of the foregoing shall be in such form and together with such information with respect to the business of Borrower or any Guarantor, as Lender may in each case request.

Financial and Other Reports. Each Borrower shall keep and maintain its books and records in accordance with generally accepted accounting principles, consistently applied. Borrower shall, at its sole expense, on or before the fifteenth (15th) day of each month, deliver to Lender Lender: (a) true and complete monthly agings of its accounts receivable, accounts payable and notes payable on or before the fifteenth (15th) day payable, including a monthly aging of each monthall sales, with sales subject to Chargebacks segregated from all other sales; (b) weekly inventory reports within 2 business days after the end of each weekreports; and (c) monthly internally prepared interim financial statements on or before the twenty-fifth day (25th) of the following monthstatements. Annually, Borrower shall deliver audited financial statements of Borrower accompanied by the report and opinion thereon of independent certified public accounts accountants acceptable to Lender, as soon as available, but in no event later than ninety (90) days after the end of Borrower's fiscal year. All of the foregoing shall be in such form and together with such information with respect to the business of Borrower or any Guarantorguarantor, as Lender may in each case reasonably request.

Financial and Other Reports. Borrower shall keep and maintain its books and records in accordance with generally accepted accounting principles, consistently applied. Borrower shall, shall at its expense, expense deliver to Lender on or before: (a) the fifteenth (15th) day of each month, true and complete monthly agings of its accounts receivable, accounts payable and notes payable on or before the fifteenth (15th) day of each monthpayable; (b) weekly inventory reports within 2 business days after the end 25th day of each week; month an inventory report and (c) monthly an internally prepared interim monthly financial statements on or before statement for the twenty-fifth day (25th) of the following immediately preceding month. Annually, Borrower shall deliver audited financial statements of Borrower accompanied by the report and opinion thereon of independent certified public accounts accountants acceptable to Lender, as soon as available, but in no event later than ninety (90) days after the end of Borrower's fiscal year. All of the foregoing shall be in such form and together with such information with respect to the business of Borrower or any Guarantorguarantor, as Lender may in each case request.