Reporting and Certification Requirements. Deliver or cause to be delivered to the Bank in form and detail satisfactory to the Bank:
Reporting and Certification Requirements. Borrower shall deliver or cause to be delivered to Lender, so long as five percent of the total amount of the Term Loan (principal and accrued interest) remains outstanding, the following financial and other information:
Reporting and Certification Requirements. Deliver or cause to be delivered to the Bank in form and detail satisfactory to the Bank: (i) Not later than 120 days after the end of each of the Borrower's fiscal years, a copy of the annual audited financial report of the Borrower for such year, prepared by a firm of certified public accountants acceptable to Bank and accompanied by an unqualified opinion of such firm. (ii) Not later than 60 days after the end of each fiscal quarter, the Borrower's financial statements as of the end of such period and a copy of Golden State Vintners, Inc.'s Form 10Q filed with the Securities and Exchange Commission. (iii) Concurrently with the delivery of the financial reports required hereunder, a compliance certificate stating that the Borrower is in compliance with all covenants contained herein and that no Event of Default or potential Event of Default has occurred or is continuing, and certified to by the chief financial officer of the Borrower. (iii) A ratio of Current Assets to Current Liabilities of not less than 1.5 to 1 at each fiscal year end. (iv) A ratio of Cash Flow to the current portion of long term Debt of not less than 1.25 to 1 at each fiscal year end. (v) EBITDA of at least $1.00 at the end of each fiscal quarter, with EBITDA based upon the immediately preceding three fiscal quarters and the current quarter just ended. 6.3
Reporting and Certification Requirements. Shall deliver or cause to be delivered to Agent in form and detail satisfactory to Agent:
Reporting and Certification Requirements. Deliver or cause to be delivered to the Bank in form and detail satisfactory to the Bank: (i) Not later than 120 days after the end of each of the Borrower's fiscal years, a copy of the annual audited financial report of the Borrower for such year, prepared by a firm of certified public accountants acceptable to Bank and accompanied by an unqualified opinion of such firm. (ii) Not later than 60 days after the end of each fiscal quarter, a copy of the Borrower's financial statement as of the end of such period and a copy of Golden State Vintners, Inc.'s Form 10Q filed with the Securities and Exchange Commission. (iii) Promptly upon the Bank's request, such other information pertaining to the Borrower, the Collateral or any guarantor hereunder as the Bank may reasonably request. 6.2
Reporting and Certification Requirements. The Borrower promises and agrees, during the term of this Agreement and until full payment of all of Borrower's Obligations hereunder, to deliver or cause to be delivered to the Bank in form and detail satisfactory to the Bank:
Reporting and Certification Requirements. Deliver or cause to be delivered to the Bank:
Reporting and Certification Requirements. 41 24.1 OFFICER'S CERTIFICATES; FINANCIAL STATEMENTS; BUDGETS; LESSOR'S ESTOPPEL CERTIFICATES AND COVENANTS.. 41 24.2 OPERATING BUDGET..................................................................................... 42 24.3 CAPITAL BUDGET....................................................................................... 42 ARTICLE XXV LESSOR'S DEFAULT; CURE RIGHTS................................................................................ 42 25.1 LESSEE'S RIGHT TO CURE............................................................................... 42 25.2 BREACH BY LESSOR..................................................................................... 42 ARTICLE XXVI NOTICES..................................................................................................... 43 26.1 NOTICES.............................................................................................. 43
Reporting and Certification Requirements. Borrower shall deliver or cause to be delivered to Lender, so long as five percent of the total amount of the Term Loan (principal and accrued interest) remains outstanding, the following financial and other information: (a) Not later than 120 days after the end of each of Borrower's fiscal years, a copy of Borrower's annual financial report for such year. (b) Not later than 60 days after the end of each of Borrower's fiscal quarters, a copy of Borrower's financial report for that quarter. (c) Not later than February 15 of any year, provide monthly cash flow and budget projections for such calendar year beginning. 5.3
Reporting and Certification Requirements. Deliver or cause to be delivered to the Bank in form and detail satisfactory to the Bank: (i) Not later than 90 days after the end of each of the Borrower’s fiscal years, a copy of the annual audited consolidated financial report of the Borrower for such year, prepared by a firm of certified public accountants acceptable to Bank and accompanied by an unqualified opinion of such firm and a copy of the annual consolidating financial report of the Borrower for such year. (ii) Not later than 30 days after filing with the appropriate Federal agency, a copy of the Borrower’s federal income tax returns. (iii) Not later than 45 days after the end of each month, a copy of the Borrower’s financial statement as of the end of such period. (iv) Concurrently with the delivery of the financial reports required hereunder, a compliance certificate stating that the Borrower is in compliance with all covenants contained herein and that no Event of Default or potential Event of Default has occurred or is continuing, and certified to by the chief financial officer of the Borrower. (v) Not later than 30 days after the end of each month, an aging of accounts payable and accounts receivable. (vi) Not later than 15 days after filing with the Securities Exchange Commission (“SEC”), a copy of the Borrower’s annual 10K report. (vii) Not later than 15 days after filing with the SEC, a copy of the Borrower’s quarterly 10Q report. (viii) Not later than 30 days after the end of each month, a copy of the Borrower’s brokerage and bank statements for the month, if Liquid Assets maintained with the Bank are less than $7,000,000.00. (ix) Not later than 30 days after the end of each month, a borrowing base certificate in the form attached hereto as Exhibit “B” (“Borrowing Base Certificate”), executed by the Borrower and certifying the amount of the Credit Limit available as of the last day of the preceding month.
