Common use of Reconciliation Statement Clause in Contracts

Reconciliation Statement. Where the Borrower is under an obligation to deliver financial statements under clause 12.1 on the New Basis but accompanied by a Reconciliation Statement, Quarterly Management Accounts shall also be delivered on the New Basis but accompanied by a Reconciliation Statement.

Appears in 1 contract

Sources: Loan Agreement (Versatel Telecom International N V)

Reconciliation Statement. Where the Borrower is under an obligation to deliver financial statements under clause 12.1 11.1(f) on both the Original Basis and the New Basis (or on the New Basis but accompanied by a Reconciliation Statement), Monthly Management Accounts and Quarterly Management Accounts shall also be delivered on both bases or on the New Basis but accompanied by a Reconciliation Statement.

Appears in 1 contract

Sources: Loan Agreement (Comcast Uk Cable Partners LTD)