Reports to Partners Sample Clauses

Reports to Partners. (a) After the end of each Fiscal Year, the Managing General Partner shall have prepared (i) financial statements of the Partnership as of the close of the Fiscal Year in accordance with GAAP, including a balance sheet, a statement of income or loss, a statement of cash flows and a statement of changes in partners’ capital, which shall be audited by the Partnership Auditor, (ii) an unaudited current value balance sheet for the Partnership, and (iii) a schedule and summary description of each Investment owned by the Partnership as of the end of such Fiscal Year. Copies of such financial statements and schedule and summary description shall be furnished to each Person who was a Partner in the Partnership at the end of such Fiscal Year not later than ninety days after the end of the Fiscal Year, together with an opinion of the Partnership Auditor on the audited financial statements based on its audit of such financial statements. (b) Within forty-five days after the end of each Fiscal Quarter (excluding the fourth Fiscal Quarter), the Managing General Partner shall send to each Partner (i) an unaudited balance sheet as of the end of the Fiscal Quarter and related unaudited statements of income or loss and changes in partners’ capital for the Fiscal Quarter just ended, (ii) an unaudited current value balance sheet, and (iii) a status report relating to the Partnership’s investments, activities and asset valuations, which shall include a schedule and summary description of each Investment owned by the Partnership as of the end of such Fiscal Quarter. (c) Concurrently with the delivery of the audited financial statements for each Fiscal Year pursuant to Section 11.5(a), the Managing General Partner shall prepare and mail, or cause the Partnership’s accountants to prepare and mail, to each Partner and, to the extent necessary, to each former Partner (or such Partner’s designated representatives), a report setting forth in sufficient detail such information relating to the Partnership and its activities as shall enable such Partner or former Partner (or such Partner’s designated representatives) to prepare its respective federal, state, local and foreign income tax returns in accordance with the laws, rules and regulations then prevailing. (d) With reasonable promptness, the Managing General Partner will deliver such other information available to the Managing General Partner, including financial statements and computations, as any Partner may from time to time rea...

Reports to Partners. (a) Within thirty (30) days of the date of Substantial Completion, the General Partner shall cause to be prepared and distributed to the Investment Partnership, a Credit Basis Worksheet for each building, and in the form specified by Boston Capital. (b) The General Partner shall cause to be prepared and distributed to all persons who were Partners at any time during a fiscal year of the Partnership; provided; however, that the Class A Limited Partner shall only be entitled to receive the report referenced in Section 13.04(b)(ii) below and no other reports except as required by the Act. (i) By March 1 of the year after the end of each fiscal year of the Partnership, (A) an audited financial statement which includes a balance sheet as of the end of such fiscal year and statements of income, Partners' equity, and changes in financial position and a Cash Flow statement, for the year then ended, all of which, except the Cash Flow statement, shall be prepared in accordance with generally accepted accounting principles and accompanied by an auditor's report containing an opinion of the Accountants, and (B) a report of the activities of the Partnership during the period covered by the report. Such report shall set forth distributions to Limited Partners for the period covered thereby and shall separately identify distributions from: (1) Cash Flow from operations during the period, (2) Cash Flow from operations during a prior period which had been held as reserves, (3) proceeds from disposition of the Apartment Complex or any other investments of the Partnership, (4) lease payments on net leases with builders and sellers, and (5)

Reports to Partners. The Partnership shall provide to each Partner and each Special Assignee on a timely basis, if such Partner or Special Assignee so requests in writing, (A) all reports sent to the limited partners of the Fund pursuant to the Fund Agreement, (B) the Partnership's unaudited financial statements for each fiscal quarter and (C) the Partnership's audited financial statements for each Fiscal Year. Except as otherwise provided in this Agreement or required by applicable law, the Partnership shall send to each Partner only such other financial reports as the General Partners shall deem appropriate.

Reports to Partners. (a) Within 30 days after the end of each of the first three fiscal quarters of a Fiscal Year, the Partnership shall deliver to each Partner (i) unaudited consolidated balance sheets of the Partnership and its consolidated subsidiaries as at the end of such quarter and the related consolidated statements of income, statements of cash flow and changes in financial position of the Partnership for the period from the beginning of such quarter to the end of such quarter, prepared on a basis consistent with the audited financial statements of the Partnership and its consolidated subsidiaries, subject to changes resulting from audit and normal year-end adjustments and (ii) a certificate executed by the chief financial officer and Tax Matters Partner of the Partnership certifying compliance by the Partnership with the provisions set forth in Section 5.05. (b) Within 80 days after the end of each Fiscal Year, the Partnership shall deliver to each Partner audited consolidated balance sheets of the Partnership and its consolidated subsidiaries as at the end of such Fiscal Year and the related consolidated statements of income, statements of cash flow and changes in financial position of the Partnership for such Fiscal Year, all in reasonable detail and accompanied by a report thereon of the Partnership's independent auditors as to such consolidated financial statements presenting fairly the financial position of the Partnership and its consolidated subsidiaries as at the dates indicated, and as to such audit having been made in accordance with generally accepted auditing standards. Concurrently with the delivery of such annual financial statements, the General Partner shall deliver (i) a statement to each Partner of the balance of each Partner's Capital Account and (ii) a certificate executed by the chief financial officer and Tax Matters Partner of the Partnership certifying compliance by the Partnership with the provisions set forth in Section 5.05.

Reports to Partners. 15 SECTION 7.01.

Reports to Partners. (a) The General Partner shall cause to be prepared and distributed to all persons who were Partners at any time during a fiscal year of the Partnership: (i) By February 28 of the year after the end of each fiscal year of the Partnership, (A) a balance sheet as of the end of such fiscal year and statements of income, Partners' equity, and changes in financial position and a Cash Flow statement, for the year then ended, all of which, except the Cash Flow statement, shall be prepared in accordance with generally accepted accounting principles and accompanied by an auditor's report containing an opinion of the Accountants, and (B) a report of the activities of the Partnership during the period covered by the report. Such report shall set forth distributions to Limited Partners for the period covered thereby and shall separately identify distributions from: (1) Cash Flow from operations during the period, (2) Cash Flow from operations during a prior period which had been held as reserves, (3) proceeds from disposition of the Apartment Complex or any other investments of the Partnership, (4) lease payments on net leases with builders and sellers, and (5)

Reports to Partners. (a) The General Partner shall prepare and maintain, or cause to be prepared and maintained, the books of account of the Partnership and the following documents that shall be transmitted to each Partner at the times hereinafter set forth: (1) Within three (3) months after the close of each fiscal year of the Partnership, the following financial statements, examined by and certified to by the independent certified public accountants referred to in Section 10.01 hereof: (i) Balance sheet of the Partnership as of the beginning and close of such year; (ii) Statement of Partnership Profits and Losses for such year; and (iii) Statement of such Partner’s Capital Account as of the close of such year, and changes therein during such year. (2) Within three (3) months after the close of each fiscal year of the Partnership, the following documents: (i) A statement indicating such Partner’s share of each item of Partnership income, gain, loss, deduction, or credit for such year for income-tax purposes; and (ii) A copy of each income-tax return, federal or state, filed by the Partnership for such year. (b) All information contained in any statement or other document distributed to any Partner pursuant to Section 10.03 hereof shall be deemed accurate, binding, and conclusive with respect to such Partner unless written disapproval is made thereto by such Partner to the Partnership within twenty (20) days after the receipt of such statement or other document by such Partner.

Reports to Partners. 14 SECTION 4.02. Tax Information.............................................14 ARTICLE V Preferred Interests

Reports to Partners. (a) Within forty-five days after the end of each Fiscal Quarter other than the fourth Fiscal Quarter, and within ninety days after the end of each Fiscal Year, the General Partner shall send to each Person who was a Partner in the Partnership at any time during the prior Fiscal Year: (i) the following financial statements for the Partnership prepared on an accrual basis and in accordance with GAAP (provided that, for purposes of preparing these statements, each Investment shall be valued at cost, unless (1) if such Investment has been appraised since its acquisition in accordance with Section 5.9, in which case the Investment will be valued at its Current Market Value, or (2) if in the reasonable judgment of the General Partner, circumstances dictate that an Investment be valued on a different basis than cost or Current Market Value, in which case the Investment shall be valued on such basis as the General Partner shall reasonably determine, and the General Partner shall include in such statements an explanation of the reason for such determination and the basis for the valuation of such Investment): (A) a balance sheet as of the end of such period, (B) a statement of income or loss and a statement of Partners' capital for such period, and (C) a statement of changes in Partners' equity; (ii) a schedule of changes in Capital Account balances by Partner; (iii) a schedule and summary description of each Investment owned by the Partnership as of the end of such period; and (iv) in the case of an annual report with respect to any Fiscal Year, an opinion of the Partnership Auditor based upon its audit of the financial statements referred to in clause (i) above. (b) Within ninety days after the end of each Fiscal Year of the Partnership, the General Partner shall send to each Person who was a Partner during such period a statement of cash flows of the Partnership. (c) Concurrently with the delivery of the audited financial statements for each Fiscal Year pursuant to Section 11.5(a), the General Partner shall prepare and mail, or cause the Partnership's accountants to prepare and mail, to each Partner and, to the extent necessary, to each former Partner (or such Partner's designated representatives), a report setting forth in sufficient detail such information relating to the Partnership and its activities as shall enable such Partner or former Partner (or such Partner's designated representatives) to prepare its respective federal, state, local and foreign income...