The financial and operating statements of the Hotel provided by Seller to Purchaser for fiscal years 2013, 2014, 2015 and year to date 2016 (through April) are true and correct copies of the documents used in connection with the reporting by Seller to its clients and investors. To Seller’s Knowledge, all such financial and operating statements so provided have been prepared in accordance with GAAP, are in all material respects true and complete and fairly represent the financial condition of Seller and the Hotel as of the dates stated therein.