Common use of Lead Lender Clause in Contracts

Lead Lender. Viking shall furnish to Lead Lender such financial information as may be reasonably requested by Lead Lender. Such financial information shall include, but not be limited to: (i) audited financial statements within one hundred twenty (120) days of Viking’s fiscal year end; (ii) internally prepared financial statements within thirty (30) days of each calendar month end; and (iii) an annual budget for the upcoming fiscal year by month within thirty (30) days of fiscal year end. All financial reports should include a balance sheet, income statement and statement of cash flows prepared in accordance with GAAP, accompanied by a management discussion and analysis of the appropriate reporting period.

Appears in 1 contract

Sources: Securities Purchase Agreement (Viking Systems Inc)