All balance sheets, earnings statements and other financial data which have been or shall hereafter be furnished to the Lender as of the dates and the results of operations for the periods for which the same are furnished to the Lender, and all other information, reports and other papers and data furnished to the Lender are or will be, at the time the same are so furnished, accurate and correct in all material respects and each financial statement referred to herein was and will be prepared in accordance with generally accepted accounting principles consistently applied.