Lenders shall have received from the Administrative Borrower (i) the Historical Financial Statements, and (ii) a pro forma consolidated balance sheet and a related pro forma consolidated statement of income of each Borrower and its respective Subsidiaries, based on the Historical Financial Statements, as of and for the nine-month period ending on September 30, 2016, and prepared after giving effect to the Transaction as if the Transaction had occurred as of such date (in the case of the balance sheet) or at the beginning of such period (in the case of such other statement of income), which pro forma financial statements shall be in form and substance satisfactory to the Requisite Lenders and which shall reflect adjustments applied in accordance with Regulation S-X of the Securities Act of 1933, as amended.