Common use of Financial, Management and Regulatory Reports Clause in Contracts

Financial, Management and Regulatory Reports. Tenant shall provide -------------------------------------------- Landlord with the reports listed in Exhibit E at the times described therein, -- --------- and such other information about it or the operations of the Premises and Business as Landlord may reasonably request from time to time. All financial information provided shall be prepared in accordance with generally accepted accounting principles consistently applied except with respect to the method of accounting for resident move in fees, which are on a cash basis. If Tenant is or becomes subject to any reporting requirements of the Securities and Exchange Commission during the Term, it shall concurrently deliver to Landlord such reports as are delivered pursuant to applicable securities laws. With respect to each individual Facility, Tenant shall be assessed with a $500 administrative fee for, each instance in which Tenant fails to provide Landlord with the monthly, quarterly or annual financial reports listed in Exhibit E within the --------- time specified therein, which administrative fee shall be immediately due and payable to Landlord. Notwithstanding the foregoing, such administrative fee shall not be assessed to Tenant so long as (A) Tenant is not delinquent in the delivery of such financial reports more than two (2) times in any consecutive twelve (12) month period, and (B) Tenant remits any delinquent report to Landlord within five (5) business days of Landlord's written request therefor.

Financial, Management and Regulatory Reports. Tenant shall provide -------------------------------------------- Landlord with the reports listed in Exhibit E at D within the times described applicable time specified therein, -- --------- and such other information about it or the operations of the Premises and Business as Landlord may reasonably request from time to time. All financial information provided shall be prepared in accordance with generally accepted accounting principles consistently applied except with respect GAAP and, provided that such template is provide to Tenant sufficiently in advance for Tenant to review and implement, shall be submitted electronically using the method applicable template approved by Landlord in its reasonable discretion from time to time or, if no such template is provided by Landlord, in the form of accounting for resident move in feesunrestricted, which are on a cash basisunlocked “.xls” spreadsheets created using Microsoft Excel (2003 or newer editions). If Tenant is or any Guarantor becomes subject to any reporting requirements of the Securities and Exchange Commission during the Term, it shall concurrently deliver to Landlord such quarterly and annual reports not otherwise provided for on Exhibit D as are delivered pursuant to applicable securities laws. With respect to each individual FacilityIn addition to, and without limiting any other remedies which Landlord may have under this Lease, at law, or in equity, Tenant shall be assessed with a $500 administrative fee for, for each instance in which Tenant fails to provide Landlord with the monthly, quarterly or annual financial reports listed in Exhibit E D within the --------- applicable time specified therein, which administrative fee shall be immediately due and payable to Landlord. Notwithstanding the foregoing, such administrative fee shall not be assessed to Tenant so long as (Aa) Tenant is not delinquent in the delivery of such financial reports more than two one (21) times time in any consecutive twelve (12) month period, and (Bb) Tenant remits any delinquent report to Landlord within five (5) business days of Landlord's ’s written request demand therefor.

Financial, Management and Regulatory Reports. Tenant shall provide -------------------------------------------- Landlord with the reports listed in Exhibit E at D within the times described applicable time specified therein, -- --------- and such other information about it or the operations of the Premises and Business as Landlord may reasonably request from time to time. All financial information provided shall be prepared in accordance with generally accepted accounting principles consistently applied except with respect GAAP and shall be submitted electronically using the applicable template provided by Landlord from time to time or, if no such template is provided by Landlord, in the method form of accounting for resident move unrestricted, unlocked “.xls” spreadsheets created using Microsoft Excel (2003 or newer editions) or in fees, which are on a cash basissuch other form as Landlord may reasonably require from time to time. If Tenant is or any Guarantor becomes subject to any reporting requirements of the Securities and Exchange Commission during the Term, it shall concurrently deliver to Landlord such reports as are delivered pursuant to applicable securities laws. With respect to each individual FacilityIn addition to, and without limiting any other remedies which Landlord may have under this Lease, at law, or in equity, Tenant shall be assessed with a $500 administrative fee for, for each instance in which Tenant fails to provide Landlord with the monthly, quarterly or annual financial reports listed in Exhibit E D within the --------- applicable time specified therein, which administrative fee shall be immediately due and payable to Landlord. Notwithstanding ; provided, however, that with respect to the foregoing, first failure by Tenant to provide such administrative fee shall not be assessed to Tenant so long as (A) Tenant is not delinquent in the delivery of such financial reports more than two (2) times when due in any consecutive twelve (12) month period, Landlord shall provide Tenant written notice specifying that the report was not provided when due, Tenant shall have three (3) Business Days after receipt of such notice to provide Landlord with such report, and (B) Landlord may assess Tenant remits any delinquent with the $500 administrative fee only if Tenant has not provided such report to Landlord within five upon the expiration of such three (53) business days of Landlord's written request thereforBusiness Day period.