Common use of Delivery of Monthly Financial Statements Clause in Contracts

Delivery of Monthly Financial Statements. Between the date hereof and the Offer Completion Date, the Company shall deliver to Purchaser financial statements of the Company for the end of each fiscal month, consisting of a balance sheet as of the end of such month and statements of operations and cash flow for that month and for the portion of the year then ended (the “Monthly Financial Statements”) within twenty (20) days after the end of such fiscal month. The Monthly Financial Statements shall be prepared consistent with the Company’s internal accounting standards and procedures and consistent with the standards and procedures used in preparation of the financial statements included or incorporated by reference into the Company Reports.