Other Financial Reports Sample Clauses

Other Financial Reports. Contractor shall submit financial reports, including certified annual financial statements, and make available documents relevant to its financial condition to SDOH and the State Insurance Department (SID) in a timely manner as required by State laws and regulations including but not limited to PHL Sections 4403-a, 4404 and 4409, Title 10 NYCRR Sections 98.11, 98.16 and 98.17 and applicable Insurance Law Sections 304, 305, 306, and 310. The LDSS reserves the right to require Contractor to submit such relevant financial reports and documents related to the financial condition of the MCO to the LDSS, as set forth in Section 18.5(o) of this Agreement.

Other Financial Reports. Contractor shall submit financial reports, including certified annual financial statements, and make available documents relevant to its financial condition to SDOH and the State Insurance Department (SID) in a timely manner as required by State laws and regulations including, but not limited to, PHL §§ 4403-a, 4404 and 4409, Title 10 NYCRR Part 98 and when applicable, SIL §§ 304, 305, 306, and 310. The SDOH may require the Contractor to submit such relevant financial reports and documents related to its financial condition to the LDSS-

Other Financial Reports. In addition, Manager shall deliver to Owner the following reports within the time periods set forth below: A. Within 25 days after the end of each fiscal quarter, an economic and operational trend analysis for such fiscal quarter. Such economic and operational trend analysis will include, but is not limited to, Hotel actual, budget and prior year’s results for: Gross Operating Revenues, Gross Operating Profit, average daily rate, occupancy levels, RevPAR and measurement of any other metric critical to the financial success of the Hotel. The above referenced data shall be incorporated in a report format satisfactory to Owner (subject to required modifications by Owner from time to time). Significant deviations from the Annual Business Plan shall be accompanied by a written narrative explanation. B. Within twenty five (25) days after the end of each fiscal quarter, reports and financials for the Hotel for such quarter and the fiscal period then ended. Such reports and financials shall include (i) the reports set forth in Section 7.2, (ii) supporting schedules for all balance sheet accounts, (iii) a report analyzing and comparing the actual results of operations with (A) the current Annual Business Plan, together with a narrative explanation of any significant variances and (B) the comparable prior year period, (iv) a schedule of all corporate cost allocations and an explanation of the manner in which the costs are allocated and (v) market conditions, legal proceedings, receivables aging reports and such other information as Owner may request. C. Within 25 days after the end of the each Fiscal Year, a written report on the current status of the Hotel, including without limitation, written discussion of any material variances from the Annual Business Plan during the past year and any current maintenance and capital repair needs. D. On a weekly basis, a calculation of Gross Operating Profit. E. On a daily basis, revenue reports. Manager shall fully cooperate and comply with any reasonable requests of (i) internal or external independent auditors of Owner, and/or Property Owner to enable such auditors to prepare reviewed, verified or audited financial statements in a timely manner, as determined by Owner or (ii) Owner to modify the format and/or content and substance of any of the reports described in this Article VII as well as the delivery method and timing of delivery of such reports.

Other Financial Reports. Promptly following delivery to such other Person, such other financial reports (including, without limitation, 13-week cash flow projections) that are provided to the holders of the Specified Debt in their capacity as such pursuant to the terms of such Specified Debt

Other Financial Reports. ▇▇▇▇ ▇▇▇▇▇ shall have the right at any time to receive from the Companies such additional financial statements and reports as ▇▇▇▇ ▇▇▇▇▇ may from time to time request, whether or not such financial statements and reports have been prepared previously by the Companies.

Other Financial Reports. Furnish to the Bank: (i) concurrently with the delivery of each set of the financial statements referred to above, a certificate of the Chief Accounting Officer of such Borrower or Portfolio stating that, to the best of such person's knowledge, during the period covered by such set of financial statements the Borrower or Portfolio has observed or performed in all respects all of its covenants and agreements contained in this Agreement and its respective Note to be observed, performed or satisfied by it, and that such person has obtained no knowledge of any default or Event of Default (except as specified in such certificate); (ii) promptly after the same are sent, copies of all other financial statements of such Borrower or Portfolio, if any, which it sends to its stockholders; (iii) within thirty (30) days of the end of each quarter, a schedule of such Borrower's or Portfolio's investment assets stating the cost and fair market value of all such investments;

Other Financial Reports. 25 (e) Maintain Rights............................................. 25 (f) No Transfers................................................ 26 (g) No Mergers.................................................. 26 (h)

Other Financial Reports. Each Borrower will also furnish to ----------------------- each Bank : (i) concurrently with the delivery of each set of the quarterly financial statements referred to above, a certificate of the Chief Financial Officer of such Borrower stating that, to the best of such person's knowledge, during the period covered by such set of financial statements such Borrower has observed or performed in all material respects all of its covenants and agreements contained in this Agreement and the other Loan Documents to be observed, performed or satisfied by it, and that such Chief Financial Officer has obtained no knowledge of any default or Event of Default (except as specified in such certificate); (ii) promptly after the same are sent and received, copies of all financial statements, reports and notices which such Borrower sends to holders of any class of capital stock of such Borrower generally; (iii) promptly, such additional financial and other information as the Bank may from time to time reasonably request; and (iv) as soon as available, a copy of each other report submitted to such Borrower by its certified public accountants in connection with any annual, interim or special audit made by them of the books of such Borrower.

Other Financial Reports. ‌ (1) Balance Sheet. Within ninety (90) days of the execution of this Agreement or the Effective Date, whichever is later, the Operator must submit to the Director a balance sheet as of the beginning date of the term of this Agreement. The balance sheet must be audited or reviewed, as determined by the annual Gross Receipts, by an independent Certified Public Accountant. The balance sheet must be accompanied by a schedule that identifies and provides details for all Capital Investments. The schedule must describe these Capital Investments in detail showing for each such Capital Investment the date the related Approved Project was constructed or installed, the amortization to date of the Capital Investment, and the future amortization over the remainder of the Agreement term. (2) Statements of Capital Renovation Account Activity. The Operator must submit annually, not later than 120 days after the end of the Operator's accounting year, a statement reflecting total activity in the Capital Renovation Account for the preceding accounting year. The statement must reflect monthly inflows and outflows on a project-by-project basis.