Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.
Basic Financial Information and Reporting. (a) The Company will maintain accurate and true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with GAAP (except as noted therein), and will set aside on its books all such proper accruals and reserves as shall be required under GAAP.
Basic Financial Information and Reporting. A. As soon as practicable after the end of each fiscal year of the Company, and in any event within ninety (90) days thereafter, the Company shall furnish Amazon with a balance sheet and equity capitalization table of the Company, as of the end of such fiscal year, a statement of income, a statement of stockholders’ equity, and a statement of cash flows of the Company and accompanying notes to the financial statements, for such year, all audited and prepared in accordance with GAAP consistently applied (except as noted therein) and setting forth in each case in comparative form the figures for the previous fiscal year, all in reasonable detail. Such financial statements shall be accompanied by an audit report and opinion thereon by independent public accountants of national standing selected by the Board.
Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of
Basic Financial Information and Reporting. 3.1.1 Within 120 days after the end of each fiscal year of the Company, the Company will furnish each Investor a balance sheet of the Company, as at the end of such fiscal year, and a statement of income and a statement of cash flows of the Company, for such year, all prepared in accordance with generally accepted accounting principles consistently applied and setting forth in each case in comparative form the figures for the previous fiscal year and the figures from the most recent budget approved by the Board of Directors, all in reasonable detail. Such financial statements shall be accompanied by a report and opinion thereon by independent public accountants of national standing selected by the Board of Directors.
Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied. In addition to the information described in Section 3.1(b), (c) and (d), the Company shall provide in a timely manner any other information concerning the Company and its business and affairs as any of the Investors may from time to time reasonably request.
Basic Financial Information and Reporting. (a) The Borrower will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.
Basic Financial Information and Reporting. From and after the Conversion Date, for so long as the total number of Investor Shares comprises at least 25% of the total number of Investor Shares as of immediately following the Conversion Date:
Basic Financial Information and Reporting. (a) As soon as practicable after the end of each fiscal year of the Company, the Company will furnish each Investor a consolidated balance sheet of the Company, as at the end of such fiscal year, and a consolidated statement of income and a consolidated statement of cash flows of the Company, for such year, all prepared in accordance with generally
Basic Financial Information and Reporting. (i) For so long as any Stockholder and its Permitted Transferees beneficially own, in the aggregate, at least 20% of the Restricted Shares held by such Stockholder on the date immediately following the date of this Agreement, the Company will furnish such Stockholder (A) as soon as practicable after the end of each fiscal month, and in any event within 30 days thereafter, monthly unaudited consolidated financial statements; (B) as soon as practicable after the end of each of the first three fiscal quarters for each year, and in any event within 45 days thereafter, a quarterly unaudited consolidated financial statement balance sheet of the Company and its subsidiaries as of the end of the fiscal quarter and a consolidated statement of income and a consolidated statement of cash flows of the Company and its subsidiaries for such fiscal quarter; and (C) as soon as practicable after the end of each fiscal year, and in any event within one hundred and twenty (120) days thereafter, an audited consolidated balance sheet of the Company and its subsidiaries as of the end of such fiscal year, and a consolidated statement of income and a consolidated statement of cash flows of the Company and its subsidiaries for such fiscal year certified by an independent public accounting firm. In addition, for so long as any Stockholder beneficially owns at least 20% of the Restricted Shares held by such Stockholder on the date immediately following the date of this Agreement, the Company will provide such Stockholder with (A) a copy of its annual budget when it is provided to the Board and (B) a copy of any other financial information required to be provided to any lender pursuant any Financing Documents or required to be filed with the Commission.
