Common use of Annual Clause in Contracts

Annual. As soon as practicable after the end of each Fiscal Year of Broker/Dealer, and in any event within the sooner of (i) when filed with the SEC, FINRA or any other Governmental Authority and (ii) sixty (60) days after the end of each such Fiscal Year, annual audited financial statements of Broker/Dealer, and one hundred fifty (150) days after the end of each such Fiscal Year, annual consolidated audited financial statements of Parent, in each case, including, without limitation, statements of income, changes in equity and cash flow for such year, and balance sheets as of the end of such year, setting forth in each case, in comparative form, corresponding figures for the period covered by the preceding annual review and as of the end of the preceding Fiscal Year, all in reasonable detail and satisfactory in scope to Lender and examined by Xxxxx Xxxxxxxx LLP, or any other independent certified public accountants of recognized standing and reputation selected by Broker/Dealer and reasonably satisfactory to Lender whose opinion shall be unqualified.

Appears in 2 contracts

Samples: Loan Agreement (Cohen & Co Inc.), Paymaster Agreement (Cohen & Co Inc.)

AutoNDA by SimpleDocs

Annual. As soon as practicable after the end of each Fiscal Year of Broker/Dealer, and in any event within the sooner of (i) when filed with the SEC, FINRA or any other Governmental Authority and (ii) sixty (60) days after the end of each such Fiscal Year, annual audited financial statements of Broker/Dealer, and one hundred fifty (150) days after the end of each such Fiscal Year, annual consolidated audited financial statements of Parent, in each case, including, without limitation, statements of income, changes in equity and cash flow for such year, and balance sheets as of the end of such year, setting forth in each case, in comparative form, corresponding figures for the period covered by the preceding annual review and as of the end of the preceding Fiscal Year, all in reasonable detail and satisfactory in scope to Lender and examined by Xxxxx Gxxxx Xxxxxxxx LLP, or any other independent certified public accountants of recognized standing and reputation selected by Broker/Dealer and reasonably satisfactory to Lender whose opinion shall be unqualified.

Appears in 2 contracts

Samples: Revolving Note and Cash Subordination Agreement (Cohen & Co Inc.), Revolving Note and Cash Subordination Agreement (Cohen & Co Inc.)

Annual. As soon as practicable after the end of each Fiscal Year of Broker/Dealer, and in any event within the sooner of (i) when filed with the SEC, FINRA or any other Governmental Authority and (ii) sixty (60) days after the end of each such Fiscal Year, annual audited financial statements of Broker/Dealer, and one hundred fifty seventy five (15075) days after the end of each such Fiscal Year, annual consolidated audited financial statements of Parent, in each case, including, without limitation, statements of income, changes in equity and cash flow for such year, and balance sheets as of the end of such year, setting forth in each case, in comparative form, corresponding figures for the period covered by the preceding annual review and as of the end of the preceding Fiscal Year, all in reasonable detail and satisfactory in scope to Lender and examined by Xxxxx Xxxxxxxx LLP, or any other independent certified public accountants of recognized standing and reputation selected by Broker/Dealer and reasonably satisfactory to Lender whose opinion shall be unqualified.

Appears in 1 contract

Samples: Revolving Note and Cash Subordination Agreement (Cohen & Co Inc.)

AutoNDA by SimpleDocs

Annual. As soon as practicable after the end of each Fiscal Year of Broker/DealerBorrower, and in any event within the sooner of (i) when filed with the SEC, FINRA or any other Governmental Authority and (ii) sixty (60) days after the end of each such Fiscal Year, annual audited financial statements of Broker/DealerBorrower, and one hundred fifty fifth (150) days after the end of each such Fiscal Year, annual consolidated audited financial statements of Parent, in each case, including, without limitation, statements of income, changes in equity and cash flow for such year, and balance sheets as of the end of such year, setting forth in each case, in comparative form, corresponding figures for the period covered by the preceding annual review and as of the end of the preceding Fiscal Year, all in reasonable detail and satisfactory in scope to Lender and examined by Xxxxx Xxxxxxxx LLP, or any other independent certified public accountants of recognized standing and reputation selected by Broker/Dealer Borrower and reasonably satisfactory to Lender whose opinion shall be unqualified.

Appears in 1 contract

Samples: Loan Agreement (Cohen & Co Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.