Common use of Audited Statements Clause in Contracts

Audited Statements. The consolidated balance sheet of Borrower and its Subsidiaries and the related consolidated statements of operations, stockholders’ or, as applicable, members’ equity and cash flows for the Fiscal Year then ended, in each case reported on in the case of consolidated financials by an independent certified public accounting firm of national standing acceptable to Agent, copies of which have been delivered to Agent from time to time pursuant to the terms of this Agreement, fairly present in all material respects, in conformity with GAAP, the consolidated financial position of Borrower and its Subsidiaries as of such date and the consolidated results of operations, changes in stockholders’ or, as applicable, members’ equity and cash flows for such period.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Mammoth Energy Services, Inc.), Revolving Credit Agreement (Mammoth Energy Services, Inc.)

Audited Statements. The consolidated balance sheet of Borrower Parent and its Subsidiaries and the related consolidated statements of operations, stockholders’ or, as applicable, members’ equity and cash flows for the Fiscal Year then ended, in each case reported on in the case of consolidated financials by an independent certified public accounting firm of national standing acceptable to Agentselected by Parent’s audit committee, copies of which have been delivered to Agent from time to time pursuant to the terms of this Agreement, fairly present in all material respects, in conformity with GAAP, the consolidated financial position of Borrower the Parent and its Subsidiaries as of such date and the their consolidated results of operations, changes in stockholders’ or, as applicable, members’ equity and cash flows for such period.

Appears in 1 contract

Sources: Credit Agreement (Universal Logistics Holdings, Inc.)