Periodic Financial Report definition
Periodic Financial Report means Borrower's financial reports for various periods of time which may, from time to time, be delivered by Borrower to Lender and which: (a) comport with the representations and warranties contained in the paragraph entitled General Representations and Warranties, and (b) comprise the complete audited financial report for such period prepared and certified without qualification or explanatory language by Independent Public Accountants on a Consolidated and consolidating basis for Borrower and any Consolidated Subsidiaries of Borrower; together with a copy of the management letter or memorandum, if any, delivered by such independent certified public accountant to Borrower and Borrower's response thereto.
Periodic Financial Report means Borrower's financial reports for various ·periods of time which may, from time to time, e delivered by Borrower or Borrower's parent company, JanOne, Inc., to Gulf Coast and_ which: (a) comport with the representations and warranties contained in the paragraph entitled -"General Representations and Warranties," and (b) comprise the complete audited financial report for such period prepared a:nd certified without qualification or explanatory language by_ Independent Public Accountants on a Consolidated_ and Consolidating basis for-JanOne, Inc., including a schedule of Borrower's financial results, and any Consolidated Subsidiaries of Borrower; together with a copy of the management _ letter or med1orandum, if any, delivered by such independent certified public accountant to JanOne, Inc. and the response by JanOne, Inc. thereto.
Examples of Periodic Financial Report in a sentence
The Grantee shall submit the Performance Plan Report (PPR) and Periodic Financial Report (PFR) on a regular basis as referenced in Exhibit E and Part II of this Agreement.
Periodic Financial Report (PFR): The Grantee shall submit the Periodic Financial Report (PFR) form.
No amendment, modification, termination or waiver of any provision of any of the LOAN DOCUMENTS or consent to any departure by the BORROWER therefrom shall be effective unless the same shall be in writing and signed by the BANK and the BORROWER, and then such waiver or consent shall be effective only in the specific instance and for the specific purpose for which given.