Common use of Financial and Other Statements Clause in Contracts

Financial and Other Statements. (a) Promptly upon receipt thereof, Buyer will furnish to Safety Fund copies of each annual, interim or special audit of the books of Buyer and its subsidiaries made by its independent accountants and copies of all internal control reports submitted to Buyer by such accountants in connection with each annual, interim or special audit of the books of Buyer and its subsidiaries made by such accountants. (b) As soon as practicable, Buyer will furnish to Safety Fund copies of all such financial statements and reports as it shall send to its stockholders, the SEC, the OCC or any other regulatory authority, except as legally prohibited thereby. (c) Buyer will advise Safety Fund promptly of Buyer's receipt of any examination report of any federal or state regulatory or examination authority with respect to the condition or activities of Buyer or any of its subsidiaries. (d) With reasonable promptness, Buyer will furnish to Safety Fund such additional financial data as Safety Fund may reasonably request, including without limitation, detailed monthly financial statements and loan reports.

Appears in 3 contracts

Sources: Agreement and Plan of Merger (CFX Corp), Merger Agreement (CFX Corp), Merger Agreement (Safety Fund Corp)

Financial and Other Statements. (a) Promptly upon receipt thereof, Buyer Safety Fund will furnish to Safety Fund Buyer copies of each annual, interim or special audit of the books of Buyer Safety Fund and its subsidiaries the Safety Fund Subsidiaries made by its independent accountants and copies of all internal control reports submitted to Buyer Safety Fund by such accountants in connection with each annual, interim or special audit of the books of Buyer Safety Fund and its subsidiaries the Safety Fund Subsidiaries made by such accountants. (b) As soon as practicable, Buyer Safety Fund will furnish to Safety Fund Buyer copies of all such financial statements and reports as it shall send to its stockholders, the SEC, the OCC or any other regulatory authority, except as legally prohibited thereby. (c) Buyer Safety Fund will advise Safety Fund Buyer promptly of BuyerSafety Fund's receipt of any examination report of any federal or state regulatory or examination authority with respect to the condition or activities of Buyer Safety Fund or any of its subsidiariesthe Safety Fund Subsidiaries. (d) With reasonable promptness, Buyer Safety Fund will furnish to Safety Fund Buyer such additional financial data as Safety Fund Buyer may reasonably request, including without limitation, detailed monthly financial statements and loan reports.

Appears in 3 contracts

Sources: Agreement and Plan of Merger (CFX Corp), Merger Agreement (CFX Corp), Merger Agreement (Safety Fund Corp)