if any Subsidiary has been designated as an Unrestricted Subsidiary, concurrently with each delivery of financial statements under [clause (a) or (b) above], financial statements (in substantially the same form as the financial statements delivered pursuant to [clauses (a) and (b) above]) prepared on the basis of consolidating the accounts of the Borrower and its Restricted Subsidiaries and treating any Unrestricted Subsidiaries as if they were not consolidated with the Borrower or accounted for on the basis of the equity method but rather account for an investment and otherwise eliminating all accounts of Unrestricted Subsidiaries, together with an explanation of reconciliation adjustments in reasonable detail;
if any Subsidiary has been designated as an Unrestricted Subsidiary, concurrently with eachat the time of delivery of financial statements under [clause (a) or (b) above], financial statements (in substantially the same form as the financial statements delivered pursuant to [clauses (a)provided for in [Sections 6.01(a) and (b) above]) prepared on the basis of consolidating the accounts of the Borrower and its Restricted Subsidiaries and treating], if there are any Unrestricted Subsidiaries as if they were not consolidated withof the last day of any Fiscal Quarter or Fiscal Year, the Borrower or accounted for onshall deliver related consolidating financial statements reflecting the basis ofadjustments necessary to eliminate the equity method but rather account for an investment and otherwise eliminating all accounts of Unrestricted Subsidiaries, together with an explanation of reconciliation adjustments in reasonable detail;Subsidiaries from such consolidated financial statements;
ifIf, as of the last day of any Subsidiary hasfiscal period of the Borrower, any of the consolidated Subsidiaries of the Borrower have been designated as an Unrestricted Subsidiary,Subsidiaries, then concurrently with eachany delivery of financial statements under [clause (a)Section 5.01(a) or (b) above]5.01(b), financial statements (in substantially the same form as the financial statements delivered pursuant to [clauses (a) and (b) above]) prepared on the basis of consolidating the accountsapplicable, a certificate of the Borrower andexecuted on its Restrictedbehalf by a Financial Officer setting forth consolidating spreadsheets that show all consolidated Unrestricted Subsidiaries and treating any Unrestricted Subsidiaries as if they were not consolidated with the Borrower or accounted for on the basis of the equity method but rather account for an investment and otherwise eliminating all accounts of Unrestricted Subsidiaries, together with an explanation of reconciliation adjustments in reasonable detail;entries.
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