Common use of Pro Forma Balance Sheet Clause in Contracts

Pro Forma Balance Sheet. The Lender shall have received a pro forma consolidated balance sheet of the Borrower and its Subsidiaries as of the Delayed Draw Date, prepared in accordance with GAAP applied consistently with the Borrower’s previous audited financial statements, giving effect to the borrowing of the Delayed Draw Loan and the application of the proceeds thereof.

Pro Forma Balance Sheet. The Lender shall have received a pro forma consolidated balance sheet of the Borrower and its Subsidiaries as of the Delayed Draw Closing Date, prepared in accordance with GAAP applied consistently with the Borrower’s previous audited financial statements, giving effect to the borrowing of the Delayed Draw Initial Loan and the application of the proceeds thereof.

Pro Forma Balance Sheet. The Lender Lenders shall have received a pro forma consolidated balance sheet of the Borrower and its Subsidiaries Subsidiaries, dated as of the Delayed Draw Closing Date, prepared substantially in accordance with GAAP applied consistently with GAAP, subject to quarterly or year-end adjustments and except for the Borrower’s previous audited financial statementsabsence of footnotes, and giving effect to the borrowing consummation of the Delayed Draw Loan Transactions and the application making of the proceeds thereofLoans, which balance sheet shall be duly certified by the chief financial or accounting Responsible Officer of Borrower.

Pro Forma Balance Sheet. The Lender Lenders shall have received a pro forma consolidated balance sheet of the Borrower and its Subsidiaries as of the Delayed Draw each Tranche 3 Borrowing Date, prepared in accordance with GAAP applied consistently with the Borrower’s previous audited financial statements, giving effect to the borrowing Borrowing of the Delayed Draw Loan applicable Tranche 3 Loans and the application of the proceeds thereof.

Pro Forma Balance Sheet. The Lender Lenders shall have received a pro forma consolidated balance sheet of the Borrower and its Subsidiaries as of the Delayed Draw Tranche 5 Borrowing Date, prepared in accordance with GAAP applied consistently with the Borrower’s previous audited financial statements, giving effect to the borrowing Borrowing of the Delayed Draw Tranche 5 Loan and the application of the proceeds thereof.

Pro Forma Balance Sheet. The Lender shall have received a pro forma consolidated balance sheet of the Borrower and its Subsidiaries as of the Delayed Draw Tranche 3 Borrowing Date, prepared in accordance with GAAP applied consistently with the Borrower’s previous audited financial statements, giving effect to the borrowing Borrowing of the Delayed Draw Tranche 3 Loan and the application of the proceeds thereof.

Pro Forma Balance Sheet. The Lender shall have received a pro forma consolidated balance sheet of the Borrower and its Subsidiaries as of the Delayed Draw Effective Date, prepared in accordance with GAAP applied consistently with the Borrower’s previous audited financial statements, giving effect to the borrowing of transactions contemplated to occur on the Delayed Draw Loan and the application of the proceeds thereofEffective Date.

Pro Forma Balance Sheet. The Each Lender shall have received a pro forma consolidated balance sheet of the Borrower and its Subsidiaries as of the Delayed Draw Tranche 2 Borrowing Date, prepared in accordance with GAAP applied consistently with the Borrower’s previous audited financial statements, giving effect to the borrowing of the Delayed Draw Tranche 2 Loan and the application of the proceeds thereof.

Pro Forma Balance Sheet. The Lender Lenders shall have received a pro forma consolidated balance sheet of the Borrower and its Subsidiaries as of the Delayed Draw Tranche 4 Borrowing Date, prepared in accordance with GAAP applied consistently with the Borrower’s previous audited financial statements, giving effect to the borrowing Borrowing of the Delayed Draw Tranche 4 Loan and the application of the proceeds thereof.

Pro Forma Balance Sheet. The Lender Lenders shall have received a pro forma consolidated balance sheet of the Borrower and its Subsidiaries dated as of the Delayed Draw Date, prepared in accordance with GAAP applied consistently with date of the Borrower’s previous audited most recently available financial statements, statements after giving effect to the borrowing Transactions, which balance sheet shall be consistent in all material respects with the sources and uses of funds previously provided to the Delayed Draw Loan and the application of the proceeds thereofLenders.