Common use of Provision of Financial Statements Clause in Contracts

Provision of Financial Statements. The Borrower will send or procure there are sent to the Lender: (a) as soon as possible, but in no event later than 180 days after the end of each financial year of the Guarantor (commencing with the financial year that ended on 31 December 2014), the audited annual consolidated statements of the Group; (b) as soon as possible, but in no event later than 90 days after each six-month period ending on 30 June and 31 December in each financial year of the Guarantor (commencing with the six- month period ending 30 June 2015), the semi-annual consolidated unaudited statements of the Group (in the form in which they are published in the relevant press release) for such period certified as to their correctness by the chief financial officer of the Guarantor; and (c) promptly upon request by the Lender, such further information about the financial condition, commitments, budgets, fleet list, fleet employment status and operations of the Corporate Guarantor and its subsidiaries (including, for the avoidance of doubt, the Borrower) as the Lender may reasonably require.

Provision of Financial Statements. The Each Borrower will send or procure that there are sent to the LenderAgent: (a) as soon as possible, but in no event later than 180 days after the end of each financial year Financial Year of the Guarantor Corporate Guarantor, the consolidated audited annual financial statements of the Group for that Financial Year (commencing with the financial year that statements for the Financial Year which ended on 31 December 20142019), the audited annual consolidated statements of the Group;; and (b) as soon as possible, but in no event later than 90 days after each sixthe end of the 6-month period ending on 30 June and 31 December in each financial year Financial Year of the Guarantor (commencing with the six- month period ending 30 June 2015)Corporate Guarantor, the semi-annual consolidated unaudited financial statements of the Group Group, for that 6-month period (in commencing with the form in which they are published in financial statements for the relevant press release) for such 6-month period ending on 30 June 2020), duly certified as to their correctness by the chief financial an officer of the Corporate Guarantor; and (c) promptly upon after each request by the LenderAgent, such further financial or other information about the financial conditionin respect of that Borrower, commitmentsa Ship, budgets, fleet list, fleet employment status and operations of the Corporate Guarantor Guarantor, the other Security Parties and its subsidiaries the Group (including, without limitation, any information regarding any sale and purchase agreements, investment brochures, shipbuilding contracts, charter agreements and operational expenditures for the avoidance of doubt, the BorrowerShips) as may be requested by the Lender may reasonably requireAgent.

Provision of Financial Statements. The Each Borrower will send or procure that there are sent to the LenderAgent: (a) as soon as possible, but in no event later than 180 days after the end of each financial year Financial Year of the Guarantor Corporate Guarantor, the consolidated audited annual financial statements of the Group for that Financial Year (commencing with the financial year that statements for the Financial Year which ended on 31 December 20142018), the audited annual consolidated statements of the Group;; and (b) as soon as possible, but in no event later than 90 days after each sixthe end of the 6-month period ending on 30 June and 31 December in each financial year Financial Year of the Guarantor (commencing with the six- month period ending 30 June 2015)Corporate Guarantor, the semi-annual consolidated unaudited financial statements of the Group Group, for that 6-month period (in commencing with the form in which they are published in financial statements for the relevant press release) for such 6-month period ending on 30 June 2018), duly certified as to their correctness by the chief financial an officer of the Corporate Guarantor; and (c) promptly upon after each request by the LenderAgent, such further financial or other information about the financial conditionin respect of that Borrower, commitmentseach Ship, budgets, fleet list, fleet employment status and operations of the Corporate Guarantor Guarantor, the other Security Parties and its subsidiaries the Group (including, for the avoidance of doubtwithout limitation, the Borrowerany information regarding any sale and purchase agreements, investment brochures, shipbuilding contracts and charter agreements) as may be requested by the Lender may reasonably requireAgent.

Provision of Financial Statements. The Each Borrower will send or procure that there are sent to the LenderAgent: (a) as soon as possible, but in no event later than 180 days after the end of each financial year Financial Year of the Guarantor Corporate Guarantor, the consolidated audited annual financial statements of the Group for that Financial Year (commencing with the financial year that statements for the Financial Year which ended on 31 December 20142021), the audited annual consolidated statements of the Group;; and (b) as soon as possible, but in no event later than 90 days after each sixthe end of the 6-month period ending on 30 June and 31 December in each financial year Financial Year of the Guarantor (commencing with the six- month period ending 30 June 2015)Corporate Guarantor, the semi-annual consolidated unaudited financial statements of the Group Group, for that 6-month period (in commencing with the form in which they are published in financial statements for the relevant press release) for such 6-month period ending on 30 June 2021), duly certified as to their correctness by the chief financial an officer of the Corporate Guarantor; and (c) promptly upon after each request by the LenderAgent, such further financial or other information about the financial conditionin respect of that Borrower, commitmentsa Ship, budgets, fleet list, fleet employment status and operations of the Corporate Guarantor Guarantor, the other Security Parties and its subsidiaries the Group (including, without limitation, any information regarding any sale and purchase agreements, investment brochures, shipbuilding contracts, charter agreements and operational expenditures for the avoidance of doubt, the BorrowerShips) as may be requested by the Lender may reasonably requireAgent.

Provision of Financial Statements. The Each Borrower will send or procure that there are sent to the LenderAgent: (a) as soon as possible, but in no event later than 180 days after the end of each financial year Financial Year of the Guarantor Corporate Guarantor, the consolidated audited annual financial statements of the Group for that Financial Year (commencing with the financial year that statements for the Financial Year which ended on 31 December 20142017), the audited annual consolidated statements of the Group;; and (b) as soon as possible, but in no event later than 90 days after each sixthe end of the 6-month period ending on 30 June and 31 December in each financial year Financial Year of the Guarantor (commencing with the six- month period ending 30 June 2015)Corporate Guarantor, the semi-annual consolidated unaudited financial statements of the Group Group, for that 6-month period (in commencing with the form in which they are published in financial statements for the relevant press release) for such 6-month period ending on 30 June 2017), duly certified as to their correctness by the chief financial officer a director of the Corporate Guarantor; and (c) promptly upon after each request by the LenderAgent, such further financial or other information about the financial conditionin respect of that Borrower, commitmentseach Ship, budgets, fleet list, fleet employment status and operations of the Corporate Guarantor Guarantor, the other Security Parties and its subsidiaries the Group (including, for the avoidance of doubtwithout limitation, the Borrowerany information regarding any sale and purchase agreements, investment brochures, shipbuilding contracts and charter agreements) as may be requested by the Lender may reasonably requireAgent.

Provision of Financial Statements. The Each Borrower will send or procure there that are to be sent to the LenderAgent: (a) as soon as possible, but in no event later than 180 days after the end of each financial year Financial Year of the Corporate Guarantor the audited annual consolidated accounts for that Financial Year of the Corporate Guarantor (commencing with the financial accounts for the year that ended on ending 31 December 20142012), the audited annual consolidated statements of the Group; (b) as soon as possible, but in no event later than 90 days after each six-month period ending on 31 March, 30 June June, 30 September and 31 December in each financial year Financial Year of the Corporate Guarantor the unaudited quarterly accounts (including, without limitation, updated details regarding balance sheets and cash flow statements) for that Financial Year of the Corporate Guarantor (commencing with the six- accounts for the 3-month period ending 30 June 2015), the semi-annual consolidated unaudited statements of the Group (in the form in which they are published in the relevant press release31 December 2012) for such period certified as to their correctness by the chief financial officer of the Corporate Guarantor; and (c) promptly upon after a request by the LenderAgent, such further financial or other information about the financial condition, commitments, budgets, fleet list, fleet employment status and operations in respect of the Borrowers, the Ships, the Corporate Guarantor Guarantor, the other Security Parties and its subsidiaries the Group (including, for the avoidance of doubtbut not limited to, the Borrowercharter arrangements, Financial Indebtedness, operating expenses) as the Lender Agent may reasonably require.

Provision of Financial Statements. The Each Borrower will send or procure there are sent to the LenderAgent: (a) as soon as possible, but in no event later than 180 days after the end of each financial year of the Corporate Guarantor (commencing with the financial year that which ended on 31 December 2014), 2013) the consolidated audited annual consolidated financial statements of the Group; (b) as soon as possible, but in no event later than 90 days after the end of each six-6- month period ending on 30 June and 31 December in each financial year of the Corporate Guarantor (commencing with the six- 6-month period ending which ends on 30 June 20152014), the consolidated unaudited semi-annual consolidated unaudited financial statements of the Group (in the form in which they are published in the relevant press release) for such period that 6-month period, certified as to their correctness by the chief financial officer 2 directors and/or officers of the Corporate Guarantor; and (c) promptly upon after each request by the LenderAgent, such further financial or other information about the financial condition, commitments, budgets, fleet list, fleet employment status and operations in respect of the Borrowers, each Ship, the Corporate Guarantor Guarantor, the Group and its subsidiaries the other Security Parties (including, for without limitation, regarding any sale and purchase agreement, investment brochures, shipbuilding contracts and charterparty agreements in relation to the avoidance of doubt, the Borrower) as the Lender may reasonably requireGroup or any member thereof).

Provision of Financial Statements. The Borrower will send or procure that there are sent to the LenderAgent: (a) as soon as possible, but in no event later than 180 days after the end of each financial year Financial Year of the Corporate Guarantor, the consolidated audited annual financial statements of the Corporate Guarantor for that Financial Year (commencing commencing, in each case, with the financial year that statements for the Financial Year which ended on 31 December 20142017), the audited annual consolidated statements of the Group;; and (b) as soon as possible, but in no event later than 90 days after each sixthe end of the 6-month period ending on 30 June and 31 December in each financial year Financial Year of the Guarantor (commencing with the six- month period ending 30 June 2015)Corporate Guarantor, the semi-annual consolidated unaudited financial statements of the Group Corporate Guarantor, in each case, for that 6-month period (in commencing with the form in which they are published in financial statements for the relevant press release) for such 6-month period ending on 30 June 2017), duly certified as to their correctness by the chief financial officer a director of the Corporate Guarantor; and (c) promptly upon after each request by the LenderAgent, such further financial or other information about the financial condition, commitments, budgets, fleet list, fleet employment status and operations in respect of the Borrower, the Ship, the Corporate Guarantor Guarantor, the other Security Parties and its subsidiaries the Group (including, for the avoidance of doubtwithout limitation, the Borrowerany information regarding any sale and purchase agreements, investment brochures, shipbuilding contracts and charter agreements) as may be requested by the Lender may reasonably requireAgent.

Provision of Financial Statements. The Each Borrower will send or procure that there are sent to the LenderAgent: (a) as soon as possible, but in no event later than 180 days after the end of each financial year Financial Year of the Guarantor Corporate Guarantor, the consolidated audited annual financial statements of the Group for that Financial Year (commencing with the financial year that statements for the Financial Year which ended on 31 December 20142018), the audited annual consolidated statements of the Group;; and (b) as soon as possible, but in no event later than 90 days after each sixthe end of the 6-month period ending on 30 June and 31 December in each financial year Financial Year of the Guarantor (commencing with the six- month period ending 30 June 2015)Corporate Guarantor, the semi-annual consolidated unaudited financial statements of the Group Group, for that 6-month period (in commencing with the form in which they are published in financial statements for the relevant press release) for such 6-month period ending on 30 June 2018), duly certified as to their correctness by the chief financial an officer of the Corporate Guarantor; and (c) promptly upon after each request by the LenderAgent, such further financial or other information about the financial conditionin respect of that Borrower, commitmentsa Ship, budgets, fleet list, fleet employment status and operations of the Corporate Guarantor Guarantor, the other Security Parties and its subsidiaries the Group (including, for the avoidance of doubtwithout limitation, the Borrowerany information regarding any sale and purchase agreements, investment brochures, shipbuilding contracts and charter agreements) as may be requested by the Lender may reasonably requireAgent.

Provision of Financial Statements. The Each Borrower will send or procure that there are sent to the LenderAgent: (a) as soon as possible, but in no event later than 180 days after the end of each financial year Financial Year of the Guarantor Corporate Guarantor, the consolidated audited annual financial statements of the Group for that Financial Year (commencing with the financial year that statements for the Financial Year which ended on 31 December 20142020), the audited annual consolidated statements of the Group;; and (b) as soon as possible, but in no event later than 90 days after each sixthe end of the 6-month period ending on 30 June and 31 December in each financial year Financial Year of the Guarantor (commencing with the six- month period ending 30 June 2015)Corporate Guarantor, the semi-annual consolidated unaudited financial statements of the Group Group, for that 6-month period (in commencing with the form in which they are published in financial statements for the relevant press release) for such 6-month period ending on 30 June 2020), duly certified as to their correctness by the chief financial an officer of the Corporate Guarantor; and (c) promptly upon after each request by the LenderAgent, such further financial or other information about the financial conditionin respect of that Borrower, commitmentsa Ship, budgets, fleet list, fleet employment status and operations of the Corporate Guarantor Guarantor, the other Security Parties and its subsidiaries the Group (including, without limitation, any information regarding any sale and purchase agreements, investment brochures, shipbuilding contracts, charter agreements and operational expenditures for the avoidance of doubt, the BorrowerShips) as may be requested by the Lender may reasonably requireAgent.

Provision of Financial Statements. The Borrower will send or procure that there are sent to the LenderAgent: (a) as soon as possible, but in no event later than 180 days after the end of each financial year Financial Year of the Corporate Guarantor, the consolidated audited annual financial statements of the Corporate Guarantor for that Financial Year (commencing commencing, in each case, with the financial year that ended statements for the Financial Year ending on 31 December 20142019), the audited annual consolidated statements of the Group; (b) as soon as possible, but in no event later than 90 days after each sixthe end of the 6-month period ending on 30 June and 31 December in each financial year Financial Year of the Guarantor Corporate Guarantor, the consolidated semi-annual unaudited financial statements of the Corporate Guarantor, in each case, for that 6-month period (commencing with the six- financial statements for the 6-month period ending on 30 June 20152020), the semi-annual consolidated unaudited statements of the Group (in the form in which they are published in the relevant press release) for such period duly certified as to their correctness by the chief financial an officer of the Corporate Guarantor; and (c) promptly upon after each request by the LenderAgent, such further financial or other information about the financial condition, commitments, budgets, fleet list, fleet employment status and operations in respect of the Borrower, the Ship, the Corporate Guarantor Guarantor, the other Security Parties and its subsidiaries the Group (including, for the avoidance of doubtwithout limitation, the Borrowerany information regarding any sale and purchase agreements, investment brochures, shipbuilding contracts and charter agreements) as may be requested by the Lender may reasonably requireAgent.