SEC Filings

10-12G/A
AMSURG CORP filed this Form 10-12G/A on 11/03/1997
Entire Document
 
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         85% of Development Costs, plus (ii) 65% of the total cost of
         Acquisitions and Physician Practice Acquisitions.

         Section 5.03 All Borrowings.  The Lenders' obligations to extend credit
under the Loan Documents are subject to the following additional Conditions
Precedent which shall be met each time an Advance is requested and an Advance
is made:

                 (a)      The representations of the Borrower contained in
         Article IV are true and correct in all material respects as of the
         date of the requested Advance, with the same effect as though made on
         the date additional funds are advanced, except as to changes occurring
         after the date of this Agreement caused by transactions not prohibited
         under this Agreement; (b) There has been no material adverse change in
         the Borrower's financial condition or other condition since the date
         of the last borrowing hereunder; (c) No Default Conditions and no
         Event of Default have occurred and continue to exist; (d) No material
         litigation (including, without limitation, derivative actions),
         arbitration proceedings or governmental proceedings not disclosed in
         writing by the Borrower to the Agent and the Lenders prior to the date
         of the execution and delivery of this Agreement is pending or known to
         be threatened against the Borrower, or any Subsidiary, or any
         Partnership, or any LLC, and (e) no material development not so
         disclosed has occurred in any litigation, arbitration proceedings or
         governmental proceedings so disclosed, which could reasonably be
         expected to adversely affect the financial position or business of the
         Borrower, or any Subsidiary, or any Partnership, or any LLC, or impair
         the ability of the Borrower, or any Subsidiary, or any Partnership, or
         any LLC, to perform their respective obligations under this Agreement
         or any other Loan Documents.

Article VI. Affirmative Covenants.

         Borrower covenants that, during the term of this Agreement (including
any extensions hereof) and until all Indebtedness shall have been finally paid
in full and all Obligations shall have been fully discharged, unless Agent
shall otherwise first consent in writing, Borrower shall:

         Section 6.01 Financial Statements and Reports.  Promptly furnish to
Agent (with sufficient copies for each of the Lenders):

                 (a)      Annual Reports.  As soon as available, and in any
         event within ninety (90) days after the close of each Fiscal Year, the
         audited consolidated Financial Statements of the Borrower setting
         forth the audited consolidated balance sheets of Borrower as at the
         end of such year, and the audited consolidated statements of income,
         statements of cash flows, and consolidated statements of retained
         earnings of Borrower for such year, setting forth in each case in
         comparative form





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