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Financial Statements and Projections
Financial Statements and Projections contract clause examples
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Financial Statements and Projections. The Lenders shall have received # audited consolidated financial statements of the Borrower and its Subsidiaries for the 2018, 2019 and 2020 fiscal years, # unaudited interim consolidated financial statements of the Borrower and its Subsidiaries for each fiscal quarter ended after December 31, 2020, and such financial statements shall not, in the reasonable judgment of the Administrative Agent, reflect any material adverse change in the consolidated financial condition of the Borrower and its Subsidiaries, as reflected in the audited, consolidated financial statements described in clause (i) of this paragraph, and # satisfactory Projections through 2025.

Financial Statements and Projections. The Lenders shall have received # audited consolidated financial statements of the Company for the 2017 and 2018 fiscal years, # unaudited interim consolidated and consolidating financial statements for the Company, for the fiscal quarter ended June 30, 2019, and such financial statements shall not, in the reasonable judgment of the Administrative Agent, reflect any material adverse change in the consolidated financial condition of the Loan Parties, as reflected in the audited, consolidated financial statements described in clause (i) of this paragraph and # satisfactory Projections through December 31, 2023.

Financial Statements and Projections. The Lenders shall have received # audited consolidated financial statements of the Company for the 2013 and 2014 fiscal years, # unaudited consolidating financial statements of the Company for the 2014 fiscal year, # unaudited interim consolidated and consolidating financial statements for each of the Company, for the fiscal quarters ended March 31, 2015 and June 30, 2015, and such financial statements shall not, in the reasonable judgment of the Administrative Agent, reflect any material adverse change in the consolidated financial condition of the Loan Parties, as reflected in the audited, consolidated financial statements described in clause (i) of this paragraph and # satisfactory Projections through August 31, 2019.

Financial Statements and Projections. The Lenders shall have received # audited consolidated financial statements of the Borrower and its Subsidiaries for the fiscal years ended March 31, 2019 and March 31, 2020 and # unaudited interim consolidated financial statements of the Borrower and its Subsidiaries for each fiscal quarter ended after the date of the latest applicable financial statements delivered pursuant to clause (i) of this paragraph as to which such financial statements are available, and such financial statements shall not, in the reasonable judgment of the Administrative Agent, reflect any material adverse change in the consolidated financial condition of the Borrower and its Subsidiaries as reflected in the audited, consolidated financial statements described in clause (i) of this paragraph.

Financial Statements and Projections. The Lenders shall have received # audited consolidated financial statements of Holdings for the three most recent fiscal years ended prior to the Effective Date as to which such financial statements are available, # unaudited interim consolidated financial statements of Holdings for each quarterly period ended subsequent to the date of the latest financial statements delivered pursuant to clause (i) of this paragraph as to which such financial statements are available and # reasonably satisfactory financial statement projections (which shall include balance sheet, income and cash flow statement projections) through and including Holdings’ 2023 fiscal year.

Financial Statements and Projections. The Lenders shall have received # audited consolidated financial statements of the Loan Parties and their Subsidiaries for the December 31, 2017 and December 31, 2018 fiscal years, # unaudited interim consolidated financial statements of the Loan Parties and their Subsidiaries for each fiscal quarter ended after the date of the latest applicable financial statements delivered pursuant to clause (i) of this paragraph as to which such financial statements are available, and such financial statements shall not, in the reasonable judgment of the Administrative Agent, reflect any material adverse change in the consolidated financial condition of the Loan Parties and their Subsidiaries, as reflected in the audited, consolidated financial statements described in clause (i) of this paragraph and # satisfactory Projections through the fiscal year ending December 31, 2021.

Financial Statements and Projections. The Lenders shall have received # audited consolidated financial statements of the Company and its Subsidiaries for the fiscal year ended December 31, 2017, # unaudited interim consolidated financial statements of the Company and its Subsidiaries for the fiscal quarter ended June 30, 2018 and # satisfactory projections on a quarterly basis through and including the Company’s fiscal year ending December 31, 2018 and on an annual basis through the fiscal year ending December 31, 2022, in a form reasonably satisfactory to the Lenders.

Financial Statements and Financial Performance Projections. The Lenders shall have received # the financial statements of the Parent and its Subsidiaries referred to in Section 5.01 and # Financial Performance Projections. The Agent shall have received and be reasonably satisfied with the business plan and capital structure of the Borrower and the Guarantors.

The balance sheets included in the audited financial statements delivered pursuant to Section 9.01(b) of the Original Credit Agreement as of the fiscal year ended December 31, 2020 and the related consolidated statements of income, cash flows and retained earnings included in the audited financial statements for the fiscal year ended December 31, 2020, present fairly in all material respects the consolidated financial position of Lead Borrower and its Subsidiaries and with respect to such audited financial statements of Lead Borrower, in each case, at the dates of such balance sheets and the consolidated results of the operations of Lead Borrower for the periods covered thereby. All of the foregoing historical financial statements have been audited by independent certified public accountants of recognized national standing and prepared in accordance with U.S. GAAP consistently applied.

(i) The balance sheets included in the Audited Financial Statements as of the fiscal year ended December 31, 2016 and the related consolidated statements of income, cash flows and retained earnings included in the Audited Financial Statements for the fiscal year ended December 31, 2016, present fairly in all material respects the consolidated financial position of # the HTA Targets and their respective Subsidiaries, with respect to such Audited Financial Statements of the HTA Targets, and # Lead Borrower and its Subsidiaries (prior to giving effect to the Acquisition) with respect to such Audited Financial Statements of Lead Borrower, in each case, at the dates of such balance sheets and the consolidated results of the operations of the HTA Targets or Lead Borrower, as applicable, for the periods covered thereby. All of the foregoing historical financial statements have been audited by independent certified public accountants of recognized national standing and prepared in accordance with U.S. GAAP consistently applied.

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