Furnish to Agent. within one hundred twenty (120) days after the end of each fiscal year, a copy of Borrower's financial statements (describing assets, liabilities, and results of operations both for Borrower individually and for Borrower and its Subsidiaries on a consolidated basis), audited by independent certified public accountants of nationally recognized standing selected by Borrower and reasonably satisfactory to Banks, prepared in conformity with GAAP;
Appears in 1 contract
Sources: Revolving Credit and Term Loan Agreement (Gulf Island Fabrication Inc)
Furnish to Agent. within one hundred twenty (120) days after the end of each fiscal year, a copy of Borrower's financial statements (describing assets, liabilities, and results of operations both for Borrower individually and for Borrower and its Subsidiaries on a consolidated basis)statements, audited by independent certified public accountants of nationally recognized standing selected by Borrower and reasonably satisfactory to Banks, prepared in conformity with GAAP;
Appears in 1 contract
Sources: Revolving Credit and Term Loan Agreement (Gulf Island Fabrication Inc)