Common use of Q Reports Clause in Contracts

Q Reports. As soon as available, but no later than 45 days after the last day of the first three (3) fiscal quarters of Borrower month, a company prepared consolidated balance sheet, cash flow statement, and income statement covering Borrower’s consolidated operations for such fiscal quarter, consistent with such quarterly financial statements submitted to the SEC and in a form reasonably acceptable to Bank;

Q Reports. As soon as available, but no later than 45 days after the last day of the first three (3) fiscal quarters of Borrower monthBorrower’s fiscal year, or such later date which is in compliance with the reporting requirements of the SEC, a company prepared consolidated balance sheet, cash flow statement, and income statement covering Borrower’s consolidated operations for such fiscal quarter, consistent with such quarterly financial statements submitted to the SEC and in a form reasonably acceptable to Bank;