Common use of Officers Certificates and Financial Statements Clause in Contracts

Officers Certificates and Financial Statements. Tenant shall furnish to Landlord: (a) Quarterly Financials. As soon as available and in any event within fifty-five (55) days after the end of each calendar quarter, an unaudited operating statement for each of the Facilities for the period commencing at the end of the previous quarter and ending with the end of such quarter, together with an Officer's Certificate of Tenant stating that Tenant is not in default of any covenant set forth in Article 8 hereof, or if Tenant is in default, specifying all such defaults, the nature thereof and the steps being taken to remedy the same.

Appears in 3 contracts

Sources: Master Lease (Monarch Properties Inc), Master Lease (Integrated Health Services Inc), Master Lease (Monarch Properties Inc)