Property Financial Statements definition

Property Financial Statements shall have the meaning set forth in Section 6.9(a).
Property Financial Statements. The related Mortgagor has covenanted in the related Mortgage Loan documents to deliver to the mortgagee annual operating statements, rent rolls and related information of each related Mortgaged Property and annual financial statements. If such Mortgage Loan had an original principal balance greater than $15 million, the related Mortgagor has covenanted to provide such operating statements, rent rolls and related information on a quarterly basis. If such Mortgage Loan has an original principal balance equal to or greater than $20 million, the related Mortgagor, if it obtains an audited financial statement, is required to provide a copy thereof to the holder of such Mortgage Loan at the related mortgagee's request.
Property Financial Statements means the statements identified in Schedule 6.1.14, including the notes and schedules thereto.

Examples of Property Financial Statements in a sentence

  • Except as reflected on the Property Financial Statements, or as otherwise disclosed on Schedule 6.17 and except for current liabilities incurred in the ordinary course of business since the date of the Property Financial Statements, neither of the PAVe Entities have any liabilities, obligations or commitments, whether accrued, absolute, contingent or otherwise (including any liability for taxes, unusual forward or long-term commitment or unrealized or anticipated loss from any unfavorable commitment).

  • All Tax returns and reports required by law to be filed by the PAVe Entities, if any, have been duly executed and filed, are true and correct and, except as disclosed on Schedule 6.18, all Taxes in connection with the Property and the operation thereof have been paid in full or accrued in the Property Financial Statements.

  • The Property Financial Statements were prepared in accordance with GAAP.

  • The Property Financial Statements are true and complete in all material respects and present fairly the financial condition and results of operations of the Property and the PAVe Entities as of the dates and for the periods indicated.

  • As between Con Edison and ESCO, this Agreement is effective as of , and will remain in effect until terminated in accordance with its terms, the Operating Procedure, or an order of the PSCNY.

Related to Property Financial Statements