Common use of GAAP Financial Statements Clause in Contracts

GAAP Financial Statements. (A) Within 50 days after the close of each of the first three Fiscal Quarters of each Fiscal Year of the Borrower, a copy of the unaudited consolidated balance sheets of the Borrower and its Subsidiaries, as of the close of such quarter and the related consolidated statements of income, for that portion of the Fiscal Year ending as of the close of such Fiscal Quarter, all prepared in accordance with GAAP (subject to normal year-end adjustments and except that footnote and schedule disclosure may be abbreviated) and the related unaudited consolidating balance sheets and income statements for such period and accompanied by the certification of the chief executive officer, chief financial officer, treasurer or controller of the Borrower that all such financial statements are complete and correct in all material respects and present fairly in accordance with GAAP (subject to normal year-end adjustments and except that footnote and schedule disclosure may be abbreviated) the consolidated financial position and results of operations of the Borrower as at the end of such Fiscal Quarter and for the period then ended.

GAAP Financial Statements. (Ai) Within 50 60 days after the close of each of the first three Fiscal Quarters fiscal quarters of each Fiscal Year of the Borrowereach Credit Party and its Subsidiaries, a copy of the unaudited consolidated balance sheets of the Borrower such Credit Party and its Subsidiaries, as of the close of such quarter and the related consolidated statements of income, income and cash flows for that portion of the Fiscal Year ending as of the close of such Fiscal Quarterfiscal quarter, all prepared in accordance with GAAP (subject to normal year-end adjustments and except that footnote and schedule disclosure may be abbreviated) and the related unaudited consolidating balance sheets and income statements for such period and accompanied by the certification of the chief executive officer, chief financial officer, treasurer or controller of the Borrower RenRe that all such financial statements are complete and correct in all material respects and present fairly in accordance with GAAP (subject to normal year-end adjustments and except that footnote and schedule disclosure may be abbreviated) the consolidated financial position and results of operations and cash flows of the Borrower relevant entity as at the end of such Fiscal Quarter fiscal quarter and for the period then ended.