Monthly and Quarterly Financial Statements. As soon as available, but in any event not later than forty-five (45) days after the end of each monthly or quarterly fiscal period as the case may be (other than the last quarterly fiscal period in any fiscal year of the Company), the unaudited consolidated balance sheet of the Company and its Subsidiaries as at the end of each such period and the related unaudited consolidated statements of income and cash flows of the Company and its Subsidiaries for such period and for the elapsed period in such fiscal year, all in reasonable detail and stating, in comparative form (i) the figures as of the end of and for the comparable periods of the preceding fiscal year and (ii) the figures reflected in the operating budget for such period as specified in the financial plan of the Company delivered pursuant to Section 9.1(e) hereof. All such financial statements shall be prepared in accordance with GAAP applied on a consistent basis throughout the periods reflected therein except as stated therein and shall be accompanied by a certificate of the Company's president or chief financial officer to such effect.
Appears in 2 contracts
Sources: Stockholders' Agreement (Reckson Services Industries Inc), Stockholders' Agreement (Vantas Inc)
Monthly and Quarterly Financial Statements. As soon as -------------------------------------------- available, but in any event not later than forty-five (45) days after the end of each monthly or quarterly fiscal period as the case may be (other than the last quarterly fiscal period in any fiscal year of the Company), the unaudited consolidated balance sheet of the Company and its Subsidiaries as at the end of each such period and the related unaudited consolidated statements of income and cash flows of the Company and its Subsidiaries for such period and for the elapsed period in such fiscal year, all in reasonable detail and stating, in comparative form (i) the figures as of the end of and for the comparable periods of the preceding fiscal year and (ii) the figures reflected in the operating budget for such period as specified in the financial plan of the Company delivered pursuant to Section 9.1(e) hereof. All such financial statements shall be prepared in accordance with GAAP applied on a consistent basis throughout the periods reflected therein except as stated therein and shall be accompanied by a certificate of the Company's president or chief financial officer to such effect.
Appears in 1 contract
Sources: Stockholders' Agreement (Reckson Services Industries Inc)