Financial Statements of the Borrower. The Lenders shall have received (a) audited consolidated and consolidating balance sheets and related statements of income, stockholders' equity and cash flows of the Borrower and its Subsidiaries (other than the Ardent Acquired Business), for the fiscal years 2002, 2003 and 2004, prepared in accordance with generally accepted accounting principles in the United States and prepared in accordance with Regulation S-X under the Securities Act and (b) to the extent available, unaudited consolidated and consolidating balance sheets and related statements of income, stockholders' equity and cash flows of the Borrower and its Subsidiaries (other than the Ardent Acquired Business) for each completed fiscal quarter since the date of such audited financial statements (and, to the extent available, for each completed month since the last such quarter) and in the case of clauses (a) and (b), which audited and unaudited financial statements (x) shall be in form and scope satisfactory to the Lenders and (y) shall not be materially inconsistent with the financial statements previously provided to the Lenders.
Appears in 2 contracts
Sources: Credit Agreement (Psychiatric Solutions Inc), Senior Unsecured Term Loan Agreement (Psychiatric Solutions Inc)