Common use of Basic Financial Information and Reporting Clause in Contracts

Basic Financial Information and Reporting. For so long as the Investor Shares are equal to or greater than 25% of the Investor Shares as of immediately following the Closing: (a) As soon as practicable after the end of each fiscal year of the Company, and in any event within 90 days thereafter, the Company will furnish to Trident Capital a copy of its Annual Report on Form 10-K, or if such report is not available, a balance sheet of the Company, as at the end of such fiscal year, and a statement of income and a statement of cash flows of the Company, for such year, prepared in accordance with generally accepted accounting principles consistently applied (except as noted therein) and setting forth in each case in comparative form the figures for the previous fiscal year, all in reasonable detail. Such financial statements shall be accompanied by a report and opinion thereon by independent public accountants of national standing selected by the Company’s Board of Directors. (b) The Company will furnish to Trident Capital, as soon as practicable after the end of the first, second and third quarterly accounting periods in each fiscal year of the Company, and in any event within 45 days thereafter, a copy of its Quarterly Report on Form 10-Q, or if such report is not available, a balance sheet of the Company as of the end of each such quarterly period, and a statement of income and a statement of cash flows of the Company for such period and for the current fiscal year to date, prepared in accordance with generally accepted accounting principles consistently applied (except as noted therein), with the exception that no notes need be attached to such statements and year-end audit adjustments may not have been made. (c) The Company will furnish to Trident Capital: (i) at least 30 days prior to the beginning of each fiscal year an annual budget, business plans for such fiscal year (and as soon as available, any subsequent updates thereto in the event of any material changes to such budget, business plan or financial forecast); and (ii) as soon as practicable after the end of each month, and in any event within 30 days thereafter, a balance sheet of the Company as of the end of each such month, and a statement of income and a statement of cash flows of the Company for such month and for the current fiscal year to date, including a comparison to plan figures for such period, prepared in accordance with generally accepted accounting principles consistently applied (except as noted thereon), with the exception that no notes need be attached to such statements and year-end audit adjustments may not have been made.

Basic Financial Information and Reporting. For so long as the Investor Shares are equal to or greater than 25% of the Investor Shares as of immediately following the Closing: (a) As soon as practicable after the end of each fiscal year of the Company, and in any event within 90 days thereafter, the Company The Corporation will furnish to Trident Capital a copy of its Annual Report on Form 10-K, or if such report is not available, the Investor a balance sheet of the CompanyCorporation when available to the Board, as at the end of such fiscal year, and a statement of income and a statement of cash flows of the CompanyCorporation, for such year, all prepared in accordance with generally accepted accounting principles consistently applied (except as noted therein) therein or as disclosed to the recipients thereof), with the exception that no notes need be attached to such statements and year-end audit adjustments may not have been made, and setting forth in each case in comparative form the figures for the previous fiscal year, all in reasonable detail. Such financial statements shall be accompanied by a report and opinion thereon by independent public accountants of national standing selected by the Company’s Board of Directors. (b) The Company will furnish to Trident Capital, as As soon as practicable after the end of the first, second and third quarterly accounting periods in each fiscal year of the CompanyCorporation, and in any event within 45 forty-five (45) days thereafter, a copy of its Quarterly Report on Form 10-Q, or if such report is not available, a balance sheet of the Company Corporation as of the end of each such quarterly period, and a statement of income and a statement of cash flows of the Company Corporation for such period and for the current fiscal year to date, prepared in accordance with generally accepted accounting principles consistently applied (except as noted thereintherein or as disclosed to the recipients thereof), with the exception that no notes need be attached to such statements and year-end audit adjustments may not have been made. (c) The Company Corporation will furnish to Trident Capitalthe Investor: (i) at least 30 thirty (30) days prior to the beginning of each fiscal year an annual budget, business budget and operating plans for such fiscal year (and as soon as available, any subsequent updates thereto in the event of any material changes to such budget, business plan or financial forecastwritten revisions thereto); and (ii) as soon as practicable after the end of each month, and in any event within 30 twenty (20) days thereafter, a balance sheet of the Company Corporation as of the end of each such month, and a statement of income and a statement of cash flows of the Company Corporation for such month and for the current fiscal year to date, including a comparison to plan figures for such period, prepared in accordance with generally accepted accounting principles consistently applied (except as noted thereon), with the exception that no notes need be attached to such statements and year-end audit adjustments may not have been made.

Basic Financial Information and Reporting. For so long as the Investor Shares are equal to or greater than 25% of the Investor Shares as of immediately following the Closing: (a) As The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied. (b) The Company will furnish each Investor, as soon as practicable after the end of each fiscal year of the Company, and in any event within 90 one-hundred eighty (180) days thereafter, the Company will furnish to Trident Capital a copy of its Annual Report on Form 10-K, or if such report is not available, a an audited consolidated balance sheet of the Company, as at the end of such fiscal year, and a an audited consolidated statement of income and a statement of cash flows of the Company, for such year, prepared in accordance with generally accepted accounting principles consistently applied (except as noted therein) and setting forth in each case in comparative form the figures for the previous fiscal year, all in reasonable detail. Such financial statements shall be accompanied by a report and opinion thereon by independent public accountants of national standing selected by the Company’s Board of Directors. (b) The Company will furnish to Trident Capital, as soon as practicable after the end of the first, second and third quarterly accounting periods in each fiscal year of the Company, and in any event within 45 days thereafter, a copy of its Quarterly Report on Form 10-Q, or if such report is not available, a balance sheet of the Company as of the end of each such quarterly period, and a statement of income and a statement of cash flows of the Company for such period and for the current fiscal year to date, prepared in accordance with generally accepted accounting principles consistently applied (except as noted therein), with . Such financial statements shall be accompanied by a report and opinion thereon by nationally recognized independent public accountants selected by the exception that no notes need be attached to such statements and year-end audit adjustments may not have been madeCompany’s Board of Directors. (c) The So long as an Investor (together with its Affiliated Parties) shall own not less than three hundred thousand (300,000) shares of Registrable Securities (as adjusted for stock splits and combinations) (a “Major Investor”), the Company will furnish to Trident Capitalsuch Major Investor: (i) at least 30 thirty (30) days prior to the beginning of each fiscal year an annual budget, business budget and operating plans for such fiscal year (and as soon as available, any subsequent updates thereto in the event of any material changes to such budget, business plan or financial forecastwritten revisions thereto); and (ii) as soon as practicable after the end of each month, and in any event within 30 thirty (30) days thereafter, a consolidated balance sheet of the Company as of the end of each such month, and a consolidated statement of income and a statement of cash flows of the Company for such month and for the current fiscal year to date, including a comparison to plan figures for such period, prepared in accordance with generally accepted accounting principles consistently applied (except as noted thereon), with the exception that no notes need be attached to such statements and year-end audit adjustments may not have been made.

Basic Financial Information and Reporting. For so long as the Investor Shares are equal (a) N-Mer will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to or greater than 25% a system of the Investor Shares as of immediately following the Closing:accounting established and administered in accordance with generally accepted accounting principles consistently applied. (ab) As soon as practicable after the end of each fiscal year of the CompanyN-Mer, and in any event within 90 ninety (90) days thereafter, the Company N-Mer will furnish to Trident Capital Affymetrix a copy of its Annual Report on Form 10-K, or if such report is not available, a consolidated balance sheet of the CompanyN-Mer, as at the end of such fiscal year, and a consolidated statement of income and a consolidated statement of cash flows of the CompanyN-Mer, for such year, all prepared in accordance with generally accepted accounting principles consistently applied (except as noted therein) and setting forth in each case in comparative form the figures for the previous fiscal year, all in reasonable detail. As soon as practicable after the end of each fiscal year of N-Mer, and in any event within ninety (90) days thereafter, N-Mer will furnish Affymetrix a detailed schedule of the all amounts paid to each of Hyseq, CGI and Affymetrix during such year. Such financial statements and schedule shall be accompanied by a report and opinion thereon by independent public accountants of national standing selected by the Company’s N-Mer's Board of Directors. (bc) The Company N-Mer will furnish to Trident CapitalAffymetrix, as soon as practicable after the end of the first, second and third quarterly accounting periods in each fiscal year of the CompanyN-Mer, and in any event within 45 forty-five (45) days thereafter, a copy of its Quarterly Report on Form 10-Q, or if such report is not available, a consolidated balance sheet of the Company N-Mer as of the end of each such quarterly period, and a consolidated statement of income and a consolidated statement of cash flows of the Company N-Mer for such period and for the current fiscal year to date, certified by an executive officer of N-Mer and prepared in accordance with generally accepted accounting principles consistently applied (except as noted therein)principles, with the exception that no notes need be attached to such statements and normal, recurring year-end audit adjustments may not have been made. N-Mer will also furnish Affymetrix, as soon as practicable after the end of the first, second and third quarterly accounting periods in each fiscal year of N-Mer, and in any event within forty-five (45) days thereafter, a detailed schedule of the all amounts paid to each of Hyseq, CGI and Affymetrix during such quarterly period, certified by an executive officer of N-Mer. (cd) The Company N-Mer will furnish to Trident Capital: (i) at least 30 days prior to the beginning of each fiscal year an annual budgetAffymetrix, business plans for such fiscal year (and as soon as availablepracticable after the end of each of the first two months in each fiscal quarter, and in any subsequent updates thereto event within fifteen (15) days thereafter, a consolidated balance sheet of N-Mer as of the end of each such monthly period, and a consolidated statement of income and a consolidated statement of cash flows of N-Mer for such period and for the current fiscal year to date, certified by an executive officer of N-Mer and prepared in accordance with generally accepted accounting principles, with the event of any material changes exception that no notes need be attached to such budgetstatements and normal, business plan or financial forecast); and (ii) recurring year-end audit adjustments may not have been made. N-Mer will also furnish Affymetrix, as soon as practicable after the end of each month, and in any event within 30 days thereaftertogether with the financial statements furnished under Sections 3.2(b), (c) and (d), a balance sheet detailed schedule of all amounts paid by N-Mer to each of Hyseq, CGI and Affymetrix and their respective Affiliates during such monthly period together with a detailed description of the Company as of the end of each such month, and a statement of income and a statement of cash flows of the Company basis for such month and payments (including the methodology used for the current fiscal year allocating costs to date, including a comparison to plan figures for such period, prepared in accordance with generally accepted accounting principles consistently applied (except as noted thereonN-Mer), with the exception that no notes need be attached to such statements and yearcertified by an executive officer of N-end audit adjustments may not have been madeMer.

Basic Financial Information and Reporting. For so long (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, and will set aside on its books all such proper accruals and reserves as the Investor Shares are equal to or greater than 25% of the Investor Shares as of immediately following the Closing:shall be required under generally accepted accounting principles consistently applied. (ab) As soon as practicable after the end of each fiscal year of the Company, and in any event within 90 ninety (90) days thereafter, the Company will furnish to Trident Capital each Investor owning not less than 500,000 shares of Registrable Securities (other than Founder Shares and as adjusted for stock splits and combinations) (a copy of its Annual Report on Form 10-K, or if such report is not available, "Major Investor") a balance sheet of the Company, as at the end of such fiscal year, and a statement of income and a statement of cash flows of the Company, for such year, all prepared in accordance with generally accepted accounting principles consistently applied (except as noted therein) and setting forth in each case in comparative form the figures for the previous fiscal year, all in reasonable detail. Such financial statements shall be accompanied by a report and opinion thereon by independent public accountants of national standing selected by the Company’s 's Board of Directors. (bc) The Company will furnish to Trident Capitaleach Major Investor, as soon as practicable after the end of the first, second and third quarterly accounting periods in each fiscal year of the Company, and in any event within 45 forty-five (45) days thereafter, a copy of its Quarterly Report on Form 10-Q, or if such report is not available, a balance sheet of the Company as of the end of each such quarterly period, and a statement of income and a statement of cash flows of the Company for such period and for the current fiscal year to date, prepared in accordance with generally accepted accounting principles consistently applied (except as noted therein)principles, with the exception that no notes need be attached to such statements and year-end audit adjustments may not have been made. (cd) The Company will furnish to Trident Capital: each Major Investor (i) at least 30 thirty (30) days prior to the beginning of each fiscal year an annual budget, business budget and operating plans for such fiscal year (and as soon as available, any subsequent updates thereto in the event of any material changes to such budget, business plan or financial forecastrevisions thereto); and (ii) as soon as practicable after the end of each month, and in any event within 30 twenty (20) days thereafter, a balance sheet of the Company as of the end of each such month, and a statement of income and a statement of cash flows of the Company for such month and for the current fiscal year to date, including a comparison to plan figures for such period, prepared in accordance with generally accepted accounting principles consistently applied (except as noted thereon)applied, with the exception that no notes need be attached to such statements and year-end audit adjustments may not have been made.

Basic Financial Information and Reporting. For so long as the Investor Shares are equal to or greater than 25% of the Investor Shares as of immediately following the Closing: (a) As The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied. (b) So long as an Investor (with its affiliates) shall own not less than one million five hundred thousand (1,500,000) shares of Registrable Securities (as adjusted for stock splits, combinations, reclassifications, reorganizations and the like) (a "Major Investor"), as soon as practicable after the end of each fiscal year of the Company, and in any event within 90 ninety (90) days thereafter, the Company will furnish to Trident Capital a copy of its Annual Report on Form 10-K, or if such report is not available, each Major Investor a balance sheet of the Company, as at the end of such fiscal year, and a statement of income and a statement of cash flows of the Company, for such year, all prepared in accordance with generally accepted accounting principles consistently applied (except as noted therein) and setting forth in each case in comparative form the figures for the previous fiscal year, all in reasonable detail. Such financial statements shall be accompanied by a report and opinion thereon by independent public accountants of national standing selected by the Company’s 's Board of Directors. (bc) The So long as an Investor (with its affiliates) shall own not less than one million five hundred thousand (1,500,000) shares of Registrable Securities (as adjusted for stock splits, combinations, reclassifications, reorganizations and the like), the Company will furnish to Trident Capitaleach Major Investor, as soon as practicable after the end of the first, second and third each quarterly accounting periods period in each fiscal year of the Company, and in any event within 45 thirty (30) days thereafter, a copy of its Quarterly Report on Form 10-Q, or if such report is not available, a balance sheet of the Company as of the end of each such quarterly period, and a statement of income and a statement of cash flows of the Company for such period and for the current fiscal year to date, prepared in accordance with generally accepted accounting principles consistently applied (except as noted therein)principles, with the exception that no notes need be attached to such statements and year-end audit adjustments may not have been made. (cd) The So long as an Investor (with its affiliates) shall own not less than one million five hundred thousand (1,500,000) shares of Registrable Securities (as adjusted for stock splits, combinations, reclassifications, reorganizations and the like), the Company will furnish to Trident Capital: each such Major Investor (i) at least 30 days prior to the beginning of each fiscal year an annual budget, business budget and operating plans for such fiscal year (and as soon as available, any subsequent updates thereto in the event of any material changes to such budget, business plan or financial forecastrevisions thereto); and (ii) as soon as practicable after the end of each monthquarter, and in any event within 30 twenty (20) days thereafter, a balance sheet of the Company as of the end of each such monthquarter, and a statement of income and a statement of cash flows of the Company for such month quarter and for the current fiscal year to date, including a comparison to plan figures for such period, prepared in accordance with generally accepted accounting principles consistently applied (except as noted thereon)applied, with the exception that no notes need be attached to such statements and year-end audit adjustments may not have been made.

Basic Financial Information and Reporting. For so long as the Investor Shares are equal (a) The Borrower will maintain true books and records of account in which true and correct entries will be made of all its business transactions pursuant to or greater than 25% a system of the Investor Shares as of immediately following the Closing:accounting established and administered in accordance with generally accepted accounting principles consistently applied. (ab) As soon as practicable after the end of each fiscal year of the CompanyBorrower, and in any event within 90 one hundred five (105) days thereafter, the Company Borrower will furnish to Trident Capital the Lender with a copy of its Annual Report on Form 10-K, or if such report is not available, a consolidated balance sheet of the CompanyBorrower, as at the end of such fiscal year, and a consolidated statement of income and a consolidated statement of cash flows of the CompanyBorrower, for such year, all prepared in accordance with generally accepted accounting principles consistently applied (except as noted therein) and setting forth in each case in comparative form the figures for the previous fiscal year, all in reasonable detail. Such financial statements shall be accompanied by a report and opinion thereon by independent public accountants of national standing selected by the Company’s Borrower's Board of Directors. (bc) The Company Borrower will furnish to Trident Capitalthe Lender, as soon as practicable after the end of the first, second and third quarterly accounting periods in each fiscal year of the CompanyBorrower, and in any event within 45 fifty (50) days thereafter, a copy of its Quarterly Report on Form 10-Q, or if such report is not available, a consolidated balance sheet of the Company Borrower as of the end of each such quarterly period, and a consolidated statement of income and a consolidated statement of cash flows of the Company Borrower for such period and for the current fiscal year to date, prepared in accordance with generally accepted accounting principles consistently applied (except as noted therein)principles, with the exception that no notes need be attached to such statements and normal year-end audit adjustments may not have been made. (c) The Company will furnish to Trident Capital: (i) at least 30 days prior to the beginning of each fiscal year an annual budget, business plans for such fiscal year (and as soon as available, any subsequent updates thereto in the event of any material changes to such budget, business plan or financial forecast); and (ii) as soon as practicable after the end of each month, and in any event within 30 days thereafter, a balance sheet of the Company as of the end of each such month, and a statement of income and a statement of cash flows of the Company for such month and for the current fiscal year to date, including a comparison to plan figures for such period, prepared in accordance with generally accepted accounting principles consistently applied (except as noted thereon), with the exception that no notes need be attached to such statements and year-end audit adjustments may not have been made.

Basic Financial Information and Reporting. For so long as the Investor Shares are equal (a) The Borrower will maintain true books and records of account in which true and correct entries will be made of all its business transactions pursuant to or greater than 25% a system of the Investor Shares as of immediately following the Closing:accounting established and administered in accordance with generally accepted accounting principles consistently applied. (ab) As soon as practicable after the end of each fiscal year of the CompanyBorrower, and in any event within 90 one hundred five (105) days thereafter, the Company Borrower will furnish to Trident Capital the Lender with a copy of its Annual Report on Form 10-K, or if such report is not available, a consolidated balance sheet of the CompanyBorrower, as at the end of such fiscal year, and a consolidated statement of income and a consolidated statement of cash flows of the CompanyBorrower, for such year, all prepared in accordance with generally accepted accounting principles consistently applied (except as noted therein) and setting forth in each case in comparative form the figures for the previous fiscal year, all in reasonable detail. Such financial statements shall be accompanied by a report and opinion thereon by independent public accountants of national standing selected by the Company’s Borrower's Board of Directors. (bc) The Company Borrower will furnish to Trident Capitalthe Lender, as soon as practicable after the end of the first, second and third quarterly accounting periods in each fiscal year of the CompanyBorrower, and in any event within 45 fifty (50) days thereafter, a copy of its Quarterly Report on Form 10-Q, or if such report is not available, a consolidated balance sheet of the Company Borrower as of the end of each such quarterly period, and a consolidated statement of income and a consolidated statement of cash flows of the Company Borrower for such period and for the current fiscal year to date, prepared in accordance with generally accepted accounting principles consistently applied (except as noted therein)principles, with the exception that no notes need be attached to such statements and normal year-end audit adjustments may not have been made. (cd) The Company will furnish to Trident Capital: (i) at least 30 days prior to On or before the beginning of each fiscal year an annual budget, business plans for such fiscal year (and as soon as available, any subsequent updates thereto in the event of any material changes to such budget, business plan or financial forecast); and (ii) as soon as practicable after the end 5th day of each month, and in any event within 30 days thereafterbeginning on Januar 5, 2002, Borrower will furnish Lender with a monthly consolidated balance sheet of the Company Borrower as of the end of each such month, monthly period and a statement of income and a statement of cash flows of the Company such other financial statements as Borrower may reasonably request for such month period and the for the current fiscal year to date, including a comparison to plan figures for such period, prepared in accordance with generally accepted accounting principles consistently applied (except as noted thereon), with the exception that no notes need be attached to such statements and year-end audit adjustments may not have been made.

Basic Financial Information and Reporting. For so long as the Investor Shares are equal (i) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to or greater than 25% a system of the Investor Shares as of immediately following the Closing:accounting established and administered in accordance with generally accepted accounting principles consistently applied. (aii) As soon as practicable after the end of each fiscal year of the Company, and in any event within 90 ninety (90) days thereafter, the Company will furnish to Trident Capital each Major Holder a copy of its Annual Report on Form 10-K, or if such report is not available, a consolidated balance sheet of the Company, as at the end of such fiscal year, and a consolidated statement of income and a consolidated statement of cash flows of the Company, for such year, all prepared in accordance with generally accepted accounting principles consistently applied (except as noted therein) and setting forth in each case in comparative form the figures for the previous fiscal year, all in reasonable detail. Such financial statements shall be accompanied by a report and opinion thereon by independent public accountants of national standing selected by the Company’s Board of Directors. (biii) The Company will furnish to Trident Capitaleach Major Holder, as soon as practicable after the end of the first, second and third quarterly accounting periods in each fiscal year of the Company, and in any event within 45 forty-five (45) days thereafter, a copy of its Quarterly Report on Form 10-Q, or if such report is not available, a consolidated balance sheet of the Company as of the end of each such quarterly period, and a consolidated statement of income and a consolidated statement of cash flows of the Company for such period and for the current fiscal year to date, certified by an executive officer of the Company and prepared in accordance with generally accepted accounting principles consistently applied (except as noted therein)principles, with the exception that no notes need be attached to such statements and normal, recurring year-end audit adjustments may not have been made. (c) The Company will furnish to Trident Capital: (i) at least 30 days prior to the beginning of each fiscal year an annual budget, business plans for such fiscal year (and as soon as available, any subsequent updates thereto in the event of any material changes to such budget, business plan or financial forecast); and (ii) as soon as practicable after the end of each month, and in any event within 30 days thereafter, a balance sheet of the Company as of the end of each such month, and a statement of income and a statement of cash flows of the Company for such month and for the current fiscal year to date, including a comparison to plan figures for such period, prepared in accordance with generally accepted accounting principles consistently applied (except as noted thereon), with the exception that no notes need be attached to such statements and year-end audit adjustments may not have been made.

Basic Financial Information and Reporting. For (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied. (b) The Company shall deliver to each Holder, for so long as the Investor Shares are equal to or greater than 25% such Holder owns any of the Investor Shares as Registrable Securities, each of immediately following the Closingfinancial statements and other reports described below: (ai) As soon as practicable after the end of each fiscal year of the Company, and in any event within 90 ninety (90) days thereafter, the Company will furnish to Trident Capital a copy of its Annual Report on Form 10-K, or if such report is not available, each Holder a balance sheet of the Company, as at the end of such fiscal year, and a statement of income and a statement of cash flows of the Company, for such year, all prepared in accordance with generally accepted accounting principles consistently applied (except as noted therein) and setting forth in each case in comparative form the figures for the previous fiscal year, all in reasonable detail. Such financial statements shall be accompanied by a report and opinion thereon by independent public accountants of national standing selected by the Company’s 's Board of Directors. (bii) The Company will furnish to Trident Capitaleach Holder, as soon as practicable after the end of the first, second and third quarterly accounting periods in each fiscal year of the Company, and in any event within 45 forty-five (45) days thereafter, a copy of its Quarterly Report on Form 10-Q, or if such report is not available, a balance sheet of the Company as of the end of each such quarterly period, and a statement of income and a statement of cash flows of the Company for such period and for the current fiscal year to date, prepared in accordance with generally accepted accounting principles consistently applied (except as noted therein)principles, with the exception that no notes need be attached to such statements and year-end audit adjustments may not have been made. (c) The Company will furnish to Trident Capital: (i) at least 30 days prior to the beginning of each fiscal year an annual budget, business plans for such fiscal year (and as soon as available, any subsequent updates thereto in the event of any material changes to such budget, business plan or financial forecast); and (ii) as soon as practicable after the end of each month, and in any event within 30 days thereafter, a balance sheet of the Company as of the end of each such month, and a statement of income and a statement of cash flows of the Company for such month and for the current fiscal year to date, including a comparison to plan figures for such period, prepared in accordance with generally accepted accounting principles consistently applied (except as noted thereon), with the exception that no notes need be attached to such statements and year-end audit adjustments may not have been made.