Common use of Qualified Audits Clause in Contracts

Qualified Audits. The independent certified public accountants retained by the Borrower shall fail or refuse to deliver an opinion in accordance with SECTION 7.1(A) with respect to the annual financial statements of the Borrower.

Appears in 1 contract

Sources: Loan and Security Agreement (Nabi /De/)

Qualified Audits. The independent certified public accountants retained by the Borrower shall fail or refuse to deliver an opinion in accordance with SECTION 7.1(A10.1(A) with respect to the annual financial statements of the Borrower.

Appears in 1 contract

Sources: Loan and Security Agreement (Supreme International Corp)

Qualified Audits. The independent certified public accountants retained by the Borrower shall fail or refuse to deliver an opinion in accordance with SECTION 7.1(ASection 9.1 (a) with respect to the annual financial statements of the Borrower.

Appears in 1 contract

Sources: Loan and Security Agreement (Airport Systems International Inc)