Common use of Opening Balance Sheet Clause in Contracts

Opening Balance Sheet. The Borrowers shall furnish to the Lender as soon as available, but in no event more than sixty (60) days after the date of this Agreement, a copy of the consolidated and consolidating balance sheet of the Borrowers and its Subsidiaries as of the date of, and reflecting, the closing of the Purchase Agreement Transaction and this Agreement, which balance sheet shall be prepared in accordance with GAAP and examined and certified by independent certified public accountants satisfactory to the Lender.

Appears in 2 contracts

Sources: Financing and Security Agreement (Tvi Corp), Financing and Security Agreement (Tvi Corp)