Common use of Financial Statements and Reporting Clause in Contracts

Financial Statements and Reporting. The financial statements and other information previously provided to the Bank or provided to the Bank in the future are or will be complete and accurate and prepared in accordance with generally accepted accounting principles. There has been no material adverse change in the Borrower’s financial condition since such information was provided to the Bank. The Borrower will (i) maintain accounting records in accordance with generally recognized and accepted principles of accounting consistently applied throughout the accounting periods involved; (ii) provide the Bank with such information concerning its business affairs and financial condition (including insurance coverage) as the Bank may request; and (iii) without request, provide the Bank with such specific financial statements, certifications and/or information as may be set forth in an addendum to this Agreement.

Appears in 4 contracts

Samples: Revolving Credit Agreement (SRS Labs Inc), Revolving Credit Agreement (National Research Corp), Revolving Credit Agreement (Outdoor Channel Holdings Inc)

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Financial Statements and Reporting. The financial statements and other information previously provided to the Bank or provided to the Bank in the future are or will be complete and accurate and prepared in accordance with generally accepted accounting principles. There has been no material adverse change in the Borrower’s 's financial condition since such information was provided to the Bank. The Borrower will (i) maintain accounting records in accordance with generally recognized and accepted principles of accounting consistently applied throughout the accounting periods involved; (ii) provide the Bank with such information concerning its business affairs and financial condition (including insurance coverage) as the Bank may request; and (iii) without request, provide the Bank with such specific financial statements, certifications and/or information as may be set forth in an addendum to this Agreement.

Appears in 2 contracts

Samples: Term Loan Agreement (Park City Group Inc), Revolving Credit Agreement (Itex Corp)

Financial Statements and Reporting. The financial statements and other information previously provided to the Bank or provided to the Bank in the future are or will be complete and accurate and prepared in In accordance with generally accepted accounting principles. There has been no material adverse change in In the Borrower’s financial condition since such information was provided to the Bank. The Borrower will (i) maintain accounting records in accordance with generally recognized and accepted principles of accounting consistently applied throughout the accounting periods involved; (ii) provide the Bank with such information concerning its business affairs and financial condition (including insurance coverage) as the Bank may request; and (iii) without request, provide the Bank with such specific financial statements, certifications and/or information as may be set forth in an addendum to this Agreement.

Appears in 1 contract

Samples: Revolving Credit Agreement (Rochester Medical Corporation)

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Financial Statements and Reporting. The financial statements and other information Information previously provided to the Bank or provided to the Bank in the future are or will be complete and accurate and prepared in In accordance with generally accepted accounting principles. There has been no material adverse change in In the Borrower’s financial condition since such information was provided to the Bank. The Borrower will (i) maintain accounting records in In accordance with generally recognized and accepted principles of accounting consistently applied throughout the accounting periods involved; (ii) provide the Bank with such information concerning its business affairs and financial condition (including insurance Insurance coverage) as the Bank may request; and (iii) without request, provide the Bank with such specific financial statements, certifications and/or information as may be set forth in an addendum to this Agreement.

Appears in 1 contract

Samples: Term Loan Agreement (Rochester Medical Corporation)

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