Audited Statement Date definition
Audited Statement Date means the date of Borrower's most recent audited financial statements (and, if applicable, Borrower's Subsidiaries, on a consolidated basis) delivered to Lender under the Existing Agreement or this Agreement.
Audited Statement Date means, as applicable, the date of Guarantor’s or Borrower’s (including Borrower on a consolidated basis) most recent audited financial statements delivered to Administrative Agent.
Audited Statement Date means December 31, 2005.
Examples of Audited Statement Date in a sentence
Since the Audited Statement Date, there has been no material adverse change in the business, operations, assets or financial condition of Borrower, nor is Borrower aware of any state of facts that (with or without notice or lapse of time or both) is reasonably likely to have a Material Adverse Effect.
More Definitions of Audited Statement Date
Audited Statement Date means the date of Guarantor’s most recent audited financial statements (and Guarantor’s Subsidiaries, on a consolidated basis) delivered to Lender under this Agreement.
Audited Statement Date means the date of (i) with respect to Borrower, Borrower's most recent audited financial statements (and, if applicable, Borrower's Subsidiaries, on a consolidated basis), and (ii) with respect to Guarantor, Guarantor's most recent audited financial statements (and if applicable, Guarantor's Subsidiaries, on a consolidated basis), each as delivered to Lender under the Existing Agreement or this Agreement. "Borrower" has the meaning set forth in the first paragraph of this Agreement. "BPO Value" means, with respect to the real property and improvements securing any Mortgage Loan, the lowest fair market value for such real property and ownership interest and occupancy rights as set forth in an opinion of a real estate broker acceptable to the Lender, in its sole discretion, as to the value of such improved real property if sold within a 60-day marketing period. Each such broker price opinion shall be obtained from a real estate broker with substantial experience in the purchase and sale of similar properties in the geographic area in which the real property or ownership interest and occupancy rights to be valued is located and should be as of a date not more than 30 days prior to the date of the related Warehousing Advance. "Business Day" means any day other than Saturday, Sunday or any other day on which national banking associations are closed for business. "Buydown" has the meaning set forth in Section 3.4. "Calendar Quarter" means the 3 month period beginning on each January 1, April 1, July 1 or