Periodic Financial Report

Periodic Financial Report. Shall mean Borrower's financial reports for various periods of time which may, from time to time, be delivered by Borrower to Lender and which: (a) comport with the representations and warranties contained in the paragraph entitled General Representations and Warranties, and (b) comprise the complete audited financial report for such period prepared and certified without qualification or explanatory language by Independent Public Accountants on a... Consolidated and consolidating basis for Borrower and any Consolidated Subsidiaries of Borrower; together with a copy of the management letter or memorandum, if any, delivered by such independent certified public accountant to Borrower and Borrower's response thereto. View More