Common use of GAAP Financial Statements Clause in Contracts

GAAP Financial Statements. The Borrower has heretofore delivered to the Administrative Agent (i) the audited consolidated balance sheet of the Borrower as of December 31, 2016 and related audited consolidated statements of income, stockholders’ equity and cash flows of the Borrower for the Fiscal Year then ended and (ii) the unaudited consolidated balance sheet of the Borrower as of September 30, 2017 and the related unaudited consolidated statements of income, stockholders’ equity and cash flows of the Borrower for the Fiscal Quarter then ended, together in each case with all related notes and schedules thereto, as applicable. All such statements of the Borrower were prepared in conformity with GAAP and fairly present, in all material respects, the financial position of the entities described in such financial statements as at the date thereof and the results of operations and cash flows of the entities described therein for the period then ended (subject to, in the case of such financial statement for such Fiscal Quarter, normal year-end audit adjustments and the absence of footnotes). Neither the Borrower nor any of its Subsidiaries has as of the Effective Date any contingent liability or liability for taxes, long-term lease or unusual forward or long-term commitment that is not reflected in the foregoing financial statements or the notes thereto and which in any such case would reasonably be expected to have a Material Adverse Effect.

GAAP Financial Statements. The Borrower has heretofore delivered to the Administrative Agent (ia) the audited consolidated balance sheet of the Borrower and its Subsidiaries as of at December 31, 2016 2002 and the audited consolidated balance sheet of the Guarantors and their Subsidiaries as at December 31, 2002, and the related audited consolidated statements of income, stockholders’ ' equity and cash flows of the Borrower each of such companies for the Fiscal Year then ended ended, together with all related notes and schedules thereto and (iib) the unaudited pro forma consolidated balance sheet of the Borrower and its Subsidiaries as of at September 30, 2017 2003, and the related unaudited consolidated statements of income, stockholders’ ' equity and cash flows of the Borrower each of such companies for the portion of the Fiscal Quarter Year then ended, together in each case with all related notes and schedules thereto, as applicable. All such statements of the Borrower and its Subsidiaries were $1,100,000,000 CREDIT AGREEMENT prepared in conformity with GAAP and fairly present, in all material respects, the financial position of the entities described in such financial statements as at the date respective dates thereof and the results of operations and cash flows of the entities described therein for each of the period periods then ended (subject toended, subject, in the case of any such unaudited financial statement for such Fiscal Quarterstatements, to changes resulting from audit and normal year-end audit adjustments and the absence of footnotes)adjustments. Neither the Borrower nor any of its Subsidiaries has as of the Effective Date any contingent liability or liability for taxes, long-term lease or unusual forward or long-term commitment that is not reflected in the foregoing financial statements or the notes thereto and which in any such case would could reasonably be expected to have a Material Adverse Effect.

GAAP Financial Statements. The Borrower has heretofore delivered to the Administrative Agent (i) the audited consolidated balance sheet of the Borrower as of at December 31, 2016 2013 and the related audited consolidated statements of income, stockholders’ equity and cash flows of the Borrower for the Fiscal Year then ended ended, and (ii) the unaudited consolidated balance sheet of the Borrower as of September at June 30, 2017 2014 and the related unaudited consolidated statements of income, stockholders’ equity and cash flows of the Borrower for the Fiscal Quarter then ended, together in each case with all related notes and schedules thereto, as applicable. All such statements of the Borrower were prepared in conformity with GAAP and fairly present, in all material respects, the financial position of the entities described in such financial statements as at the date thereof and the results of operations and cash flows of the entities described therein for the period then ended (subject to, in the case of such financial statement for such Fiscal Quarter, normal year-end audit adjustments and the absence of footnotes). Neither the Borrower nor any of its Subsidiaries has as of the Effective Date any contingent liability or liability for taxes, long-term lease or unusual forward or long-term commitment that is not reflected in the foregoing financial statements or the notes thereto and which in any such case would reasonably be expected to have a Material Adverse Effect.

GAAP Financial Statements. The Borrower has heretofore delivered to the Administrative Agent (i) the audited consolidated balance sheet of the Borrower as of December 31, 2016 2020 and related audited consolidated statements of income, stockholders’ equity and cash flows of the Borrower for the Fiscal Year then ended and (ii) the unaudited consolidated balance sheet of the Borrower as of September 30, 2017 2021 and the related unaudited consolidated statements of income, stockholders’ equity and cash flows of the Borrower for the Fiscal Quarter then ended, together in each case with all related notes and schedules thereto, as applicable. All such statements of the Borrower were prepared in conformity with GAAP and fairly present, in all material respects, the financial position of the entities described in such financial statements as at the date thereof and the results of operations and cash flows of the entities described therein for the period then ended (subject to, in the case of such financial statement for such Fiscal Quarter, normal year-end audit adjustments and the absence of footnotes). Neither the Borrower nor any of its Subsidiaries has as of the Effective Date any contingent liability or liability for taxes, long-term lease or unusual forward or long-term commitment that is not reflected in the foregoing financial statements or the notes thereto and which in any such case would reasonably be expected to have a Material Adverse Effect.