Common use of Monthly Financial Statement Clause in Contracts

Monthly Financial Statement. Within thirty (30) days after the end of each month (other than the last month) of each Fiscal Year, a copy of the unaudited financial statement of (x) Parent and its consolidated Subsidiaries, (y) the Bickford Business and (z) the Cues Business prepared on a consolidat▇▇ ▇▇▇▇▇ in conformity with GAAP (subject to normal year-end adjustments and except that such statements need not include notes), signed by Borrower's chief financial officer and consisting of at least a balance sheet as at the close of such month and statements of earnings and cash flows for such month and for the period from the beginning of such Fiscal Year to the close of such month;

Appears in 1 contract

Sources: Loan and Security Agreement (Elxsi Corp /De//)

Monthly Financial Statement. Within thirty (30) days after the end of each month (other than the last month) of each Fiscal Year, a copy of the unaudited financial statement of (x) Parent and its consolidated Subsidiaries, (y) the Bickford Business and (z) the Cues Business prepared on a consolidat▇ ▇▇▇▇▇ solidated basis in conformity with GAAP (subject to normal year-end adjustments and except that such statements need not include notes), signed by Borrower's chief financial officer and consisting of at least a balance sheet as at the close of such month and statements of earnings and cash flows for such month and for the period from the beginning of such Fiscal Year to the close of such month;

Appears in 1 contract

Sources: Loan and Security Agreement (Elxsi Corp /De//)