Common use of Monthly and Quarterly Financial Statements Clause in Contracts

Monthly and Quarterly Financial Statements. As soon as available and in any event within thirty (30) calendar days after the end of each calendar month (provided that such period shall be forty-five (45) days for the month in which Closing Date occurs) commencing with the month in which the Closing Date occurs), and quarterly commencing with the first quarter of 2013, Parent’s consolidated financial statements, consisting of a consolidated balance sheet as of the end of such month or quarter and related consolidated statements of income, stockholders’ and members’ equity and cash flows for the month or quarter then ended and the fiscal year through that date, all in reasonable detail and certified (subject to normal year-end adjustments and the absence of notes to such financial statements) by the Chief Executive Officer, President or Chief Financial Officer of each Loan Party as having been prepared in accordance with GAAP, consistently applied, and setting forth in comparative form the respective financial statements for the corresponding date and period in the previous fiscal year, together with a comparison of such results against the Financial Projections.