Common use of Monthly Facility Reports Clause in Contracts

Monthly Facility Reports. Within thirty (30) days after the end of each calendar month during the Term, Tenant shall prepare and deliver monthly financial reports to Landlord consisting of a balance sheet and income statement prepared in accordance with generally accepted accounting principles consistently applied ("GAAP"), and a summary of significant operating statistics concerning the business conducted at the Premises. These reports will be accompanied by a statement signed by the President, Chief Financial Officer, Principal Accounting Officer, Controller, Executive Vice President for Corporate Development, Executive Vice President for Development Services or other officer of Tenant as approved by Landlord in writing in its sole discretion, affirming that said reports are true and correct in all material respects and do not fail to disclose any material adverse information, all after due inquiry ("OFFICER'S CERTIFICATE").

Monthly Facility Reports. Within thirty (30) days after the end of each calendar month during the Term, Tenant shall prepare and deliver monthly financial reports to Landlord consisting of a balance sheet and income statement prepared in accordance with generally accepted accounting principles consistently applied ("GAAP"), and a summary of significant operating statistics concerning the business conducted at the Premises. These reports will be accompanied by a statement signed by the President, Chief Financial Officer, Principal Accounting Officer, Controller, Executive Vice President for Corporate Development, Executive Vice President for Development Services Services, or other officer of Tenant Guarantor as approved by Landlord in writing in its sole discretion, affirming that said reports are true and correct in all material respects and do not fail to disclose any material adverse information, all after due inquiry ("OFFICER'S CERTIFICATE").