The Borrower shall prepare and deliver to the Payee internal quarterly financial statements prepared under GAAP and reviewed annual financial statements; provided that such obligation shall apply only with respect to any quarter or year in which Borrower has not filed corresponding financial statements with the Securities and Exchange Commission.  If and when required to be delivered to Payee, such financial statements shall be due no later than the date they would be required to be filed with the Securities and Exchange Commission, as the case may be.