Financial Information and Statements. The Borrower shall furnish to the Lender annually, on or before April 30th of each calendar year, a profit and loss statement and balance sheet, including all supporting schedules and comments reported on by the certified public accountant of Borrower, together with a complete, signed copy of the Borrower's Federal Income Tax Returns, including all schedules, for the prior year. In the event that the Borrower's has obtained an extension for the filing of its tax returns, the Borrower shall provide Lender with a copy of such extension and will submit a copy of the complete tax return to Lender immediately upon filing.
Appears in 1 contract
Sources: Line of Credit Loan and Security Agreement (Borough Corp)
Financial Information and Statements. The Borrower Borrowers shall furnish to the Lender annually, on or before April 30th of each calendar year, a profit and loss statement and balance sheet, including all supporting schedules and comments reported on by the certified public accountant of Borrower, together with a complete, signed copy of the Borrower's Federal Income Tax Returns, including all schedules, for the prior year. In the event that the Borrower's has obtained an extension for the filing of its tax returns, the Borrower Borrowers shall provide Lender with a copy of such extension and will submit a copy of the complete tax return to Lender immediately upon filing.
Appears in 1 contract
Sources: Line of Credit Loan and Security Agreement (Hand Brand Distribution Inc)