Financial Statements of Tenant Clause Samples
The "Financial Statements of Tenant" clause requires the tenant to provide the landlord with access to its financial statements, typically on a regular basis or upon request. This may involve delivering audited annual reports, balance sheets, or profit and loss statements to demonstrate the tenant's financial health and ability to meet lease obligations. The core function of this clause is to give the landlord transparency into the tenant's financial condition, thereby allowing the landlord to assess risk and ensure the tenant remains capable of fulfilling its rental commitments.
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Financial Statements of Tenant. From time to time, at Landlord's request, Tenant shall provide Landlord with Tenant's most recent financial statements in form and content reasonably satisfactory to Landlord and Landlord's lenders (which, if Tenant is an entity which files periodic financial disclosures to securities regulatory authorities, shall be those which are periodically filed with those authorities). Landlord may provide copies of those financial statements to current and prospective lenders, investors and buyers, identified in writing to Tenant, for examination and review. Landlord shall keep all such financial statements strictly confidential and may provide copies of such financial statements to such other parties only upon receiving in return a covenant from each recipient that such recipient shall keep the financial statements confidential except with the prior written consent of Tenant.
Financial Statements of Tenant. 24.2.1 Quarterly Financial Statements Tenant will furnish to Lender, as soon as practicable, and in any event within 60 days after the end of each Fiscal Quarter, an unaudited consolidated balance sheet of Tenant as at the end of such Fiscal Quarter and unaudited consolidated statement of income and expense of Tenant for each such Fiscal Quarter, and for that part of the Fiscal Year to date.
Financial Statements of Tenant. 33 ARTICLE XIX
Financial Statements of Tenant. For so long as any Bonds remain Outstanding and the Loan Agreement has not been terminated or the Indenture has not been released, Tenant agrees to furnish to the Trustee, the Underwriter (as defined in the Loan Agreement) and each Bondholder within one hundred twenty (120) days after the end of each fiscal year of the Tenant audited consolidated financial statements as of the close of such fiscal year for Tenant. Such audited financial statements, which shall include comparative financial information 44 for the immediately preceding fiscal year, shall be prepared and certified by Deloitte & Touche or another nationally recognized independent certified public accounting firm showing the financial condition of Tenant at the close of such year and the results of operations of the Tenant during such year; and within sixty (60) days after the end of each of the first three (3) quarters of each fiscal year, similar financial statements (but not including consolidating financial statements) for Tenant to those described above, not audited but certified by the chief financial officer for the Tenant, such balance sheet to be as of the end of such quarter and such statements of income and surplus to be for the period from the beginning of such fiscal year to the end of such quarter, in each case subject only to year-end adjustments. The quarterly Tenant-prepared financial statements and the annual audited financial statements shall be accompanied by statements certified by an authorized Tenant representative to the effect that (i) with respect to loan agreements (or equivalent documents) unrelated to the Bonds, it has received no notice of any defaults thereunder, and (ii) is not currently in default under the Lease or if such a default exists, describing the default.
Financial Statements of Tenant. Landlord acknowledges and agrees that prior ------------------------------ to execution of this First Amendment it has reviewed and approved copies of Tenant financial statements.
Financial Statements of Tenant. Not more often than once in any twelve (12) month period or at any time during the continuance of an Event of Default, at Landlord’s request, Tenant shall provide Landlord with Tenant’s most recent financial statements in form and content reasonably satisfactory to Landlord and Landlord’s lenders (which, if Tenant is an entity which files periodic financial disclosures to securities regulatory authorities, shall be those which are periodically filed with those authorities). Landlord may provide copies of those financial statements to current and prospective lenders, investors and buyers, identified in writing to Tenant, for examination and review. Landlord shall keep all such financial statements strictly confidential and may provide copies of such financial statements to such other parties only upon receiving in return a covenant from each recipient that such recipient shall keep the financial statements confidential except with the prior written consent of Tenant.
Financial Statements of Tenant. 24.2.1 Quarterly Financial Statements Tenant will furnish to Landlord, as soon as practicable, and in any event within 60 days after the end of each Fiscal Quarter, an unaudited consolidated balance sheet of Tenant as at the end of such Fiscal Quarter and unaudited consolidated statement of income and expense of Tenant for each such Fiscal Quarter, and for that part of the Fiscal Year to date.