FINANCIAL STATEMENTS AND OTHER INFORMATION; FINANCIAL CONDITION. (a) The Company has furnished to you complete and accurate copies of consolidated financial statements of the Company and its Subsidiaries for the Fiscal Year ended December 31, 1996, including the consolidated balance sheet of the Company and its Subsidiaries as of the end of such Fiscal Year and the consolidated statements of income, stockholders' equity and cash flows of the Company and its Subsidiaries for such Fiscal Year (the financial statements of the Company and its Subsidiaries and other information referred to in this ss.2.4 being referred to as the "Financial Statements"). The Financial Statements have been prepared in accordance with generally accepted accounting principles applied on a consistent basis during the respective periods, except as noted in the Offering Memorandum. The Financial Statements so provided are a complete copy of such Financial Statements and present fairly in all material respects the consolidated financial position of the Company and its Subsidiaries as of such dates and the results of their operations and cash flows, as the case may be, for such periods. Neither the Company nor any of its Subsidiaries has any material obligation or liability, individually or in the aggregate, of the nature required to be disclosed on a balance sheet prepared in accordance with generally accepted accounting principles that is not disclosed by the Financial Statements referred to above, except as noted in the Offering Memorandum. Item 2.4(a) of Schedule II hereto sets forth a complete and correct list of (i) all outstanding Indebtedness of the Company or any of its Subsidiaries in excess of $500,000, (ii) all bank facilities and revolving credit agreements the aggregate amount available under which is in excess of $500,000 and (iii) the aggregate amount of all other outstanding Indebtedness of the Company or any of its Subsidiaries.
FINANCIAL STATEMENTS AND OTHER INFORMATION; FINANCIAL CONDITION. The Lessee and JFC has heretofore furnished to the Agent and each Funding Party copies of: (i) JFC's Annual Report to the SEC on Form 10- K for the fiscal year ended December 31, 2000 (the "Form 10-K") containing a --------- consolidated statement of financial condition of JFC and its Subsidiaries as of December 31, 2000 and December 31, 1999 and related consolidated statements of income, changes in financial position or cash flows (as applicable) and changes in partnership capital for the fiscal years then ended and the fiscal year ended December 31, 1999, together with the auditor's report thereon of Xxxxxx Xxxxxxxx LLP, Independent Certified Public Accountants; (ii) JFC's Quarterly Report on Form 10-Q filed with the SEC for the quarter ended June 30, 2001 (the "Form 10-Q"; the Form 10-K and --------- the Form 10-Q are referred to herein as the "SEC Reports"); (iii) ----------- consolidated statements of financial condition of the Lessee and its Subsidiaries as of December 31, 2000]and December 31, 1999, and related statements of income, changes in financial position or cash flows (as applicable), changes in partnership capital and changes in subordinated liabilities, of the Lessee and its Subsidiaries for the fiscal years then ended, together with the auditor's report thereon of Xxxxxx Xxxxxxxx LLP, Independent Certified Public Accountants; (iv) consolidated statements of financial condition of the Lessee and its Subsidiaries as of the close of the fiscal quarter ended June 30, 2001 and related statements of income of the Lessee and its Subsidiaries for the fiscal quarter then ended (the financial statements referred to, or contained in any document referred to, in this clause (iv) and in clause (iii) above being hereinafter called the "Lessee Financial Statements"); and (v) the Lessee's Broker/Dealer Year 2000 --------------------------- Report on Form BD-Y2K filed with the SEC for June 30, 2001. All financial statements referred to above, or contained in any document referred to above, are complete and correct, and have been prepared in accordance with generally accepted accounting principles applied on a consistent basis during the respective periods. The Lessee Financial Statements and the SEC Reports present fairly the financial position of the Lessee and JFC, respectively, as of the respective dates of the statements of financial condition included therein and the results of operations of the Lessee and JFC, respectively, for the respective period...
FINANCIAL STATEMENTS AND OTHER INFORMATION; FINANCIAL CONDITION. The Seller has heretofore furnished to Buyer copies of: (a) the audited balance sheets of the Company at August 31, 2002 and the related statements of income and cash flow for the period then ended and (b) the Company's unaudited balance sheet at May 31, 2003, and the related statements of income and cash flow for the period then ended. All financial statements referred to in this Section 3.16 (the "FINANCIAL STATEMENTS") are true, complete and correct, have been prepared in accordance with generally accepted accounting principles applied on a consistent basis during the respective periods, and fairly present the financial condition of the Seller as at the respective dates thereof and the results of operations of the Seller for the respective periods covered by the statements of income contained therein. The Seller does not have any material obligations or liabilities, contingent or otherwise, not fully disclosed by the Financial Statements.
FINANCIAL STATEMENTS AND OTHER INFORMATION; FINANCIAL CONDITION. Seller has heretofore furnished to Purchaser copies of: (a) the unaudited balance sheets of Seller at June 30, 1998, and the related statements of income and changes in financial position for the period then ended, and (b) Seller's unaudited balance sheet at May 31, 1999 ("Balance Sheet Date"), and the related statement of income and cash flow for the period then ended, together with the related notes thereto. To the best of Seller's knowledge, all financial statements referred to in this Section 2.4 ("Financial Statements") are complete and correct, have been prepared in accordance with generally accepted accounting principles applied on a consistent basis during the respective periods, and fairly present the financial condition of Seller as at the respective dates thereof and the results of operations of Seller for the respective periods covered by the statements of income contained therein. To the best of Seller's knowledge, Seller does not have any material obligations or liabilities, contingent or otherwise, not fully disclosed by the Financial Statements.
FINANCIAL STATEMENTS AND OTHER INFORMATION; FINANCIAL CONDITION. The Company has furnished to Purchasers copies of the financial statements listed in Schedule 3.5 attached hereto. All financial statements referred to in this Section 3.5 are true, complete and correct, have been prepared in accordance with GAAP and fairly present the financial condition of the Company and the Company Subsidiaries as at the date thereof and the results of operations of the Company and the Company Subsidiaries for the period covered by the statement of income and cash flow contained therein. The Company and the Company Subsidiaries do not have any material obligations or liabilities, contingent or otherwise, not fully disclosed by the financial statements.
FINANCIAL STATEMENTS AND OTHER INFORMATION; FINANCIAL CONDITION. (a) the Company's Annual Reports to the SEC on Form 10-K for the Fiscal Year ended March 31, 1990 (the "Form 10-K") and the Fiscal Years ended March 31, 1988 and 1989, containing (i) balance sheets of the Company as at March 31, 1987, 1988, 1989 and 1990 and statements of income, cash flows and shareholders' equity of the Company for its Fiscal Years ended March 31, 1986, 1987, 1988, 1989 and 1990, together in each case with the auditor's report thereon of Ernst & Young, independent certified public accountants (or its predecessor firm, Arthxx Xxxxx & Xompany) and (ii) consolidated balance sheets of Pioneer/Technologies
FINANCIAL STATEMENTS AND OTHER INFORMATION; FINANCIAL CONDITION. Hechi has previously furnished to Biogan copies of the audited balance sheets of Hechi at December 31, 1998 and 1999, and the related statements of income and cash flow for the periods then ended, together with the related notes thereto and the auditors' report thereon of Lam, Kwok, Xxxx & Xxxxx, C.P.A. Limited, independent certified public accountants. All financial statements referred to in this Section 2.3 (collectively, the "Financial Statements") are complete and correct, have been prepared in accordance with generally accepted accounting principles applied on a consistent basis during the respective periods, and fairly present the financial condition of Hechi as of the respective dates thereof and the results of operations of Hechi for the respective periods covered by the statements of income contained therein. Hechi does not have any material obligations or liabilities, contingent or otherwise, not fully disclosed by the Financial Statements.
FINANCIAL STATEMENTS AND OTHER INFORMATION; FINANCIAL CONDITION. Seller has furnished to Buyer copies of: (a) unaudited statements of income for the Business for the fiscal years ended March 31, 1996 and 1995, and (b) an unaudited statement of income for the period ended February 28, 1997. All financial statements referred to in this Section 4.5 ("Financial Statements") are complete and correct, have been prepared in accordance with generally accepted accounting principles applied on a consistent basis during the respective periods, and fairly present the results of operations of the Business for the respective periods covered by the statements of income contained therein.
FINANCIAL STATEMENTS AND OTHER INFORMATION; FINANCIAL CONDITION. Purchaser has heretofore furnished to Seller copies of: (a) the audited balance sheets of Purchaser at March 31, 1998, and December 31, 1998, and the related statements of income and changes in financial position for the periods then ended, together with the related notes thereto and the auditors' report thereon of Xxxxxx Xxxxxxx, C.P.A. and BDO Xxxxxxx, LLP, respectively, independent certified public accountants, and (b) Purchaser's unaudited balance sheets at March 31, 1999, and the related statements of income and cash flow for the period then ended, together with the related notes thereto. All such financial statements referred to in this Section 3.3 ("Purchaser's Financial Statements") are complete and correct, have been prepared in accordance with generally accepted accounting principles applied on a consistent basis during the respective periods, and fairly present the financial condition of Purchaser as at the respective dates thereof and the results of operations of Purchaser for the respective periods covered by the statements of income contained therein. Purchaser does not have any material obligations or liabilities, contingent or otherwise, not fully disclosed by Purchaser's Financial Statements.
FINANCIAL STATEMENTS AND OTHER INFORMATION; FINANCIAL CONDITION. (a) Financial Statements. Attached hereto as Schedule 2.7A are -------------------- complete and accurate copies of audited combined financial statements of the Company for Fiscal Years ended December 31, 1996, and December 31, 1995, including audited balance sheets of the Company as of the end of Fiscal Years 1996 and 1995 and audited statements of income, changes in Shareholders' Equity and cash flows of the Company for each such Fiscal Year, together with the report thereon of Xxxxxx Xxxxxxxx LLP, independent accountants and its unaudited balance sheet, statement of income, and cash flows for the five-month period ended May 31, 1997 (together with the related notes, the "Financial Statements"). The Financial Statements have been prepared in accordance with generally accepted accounting principles applied on a consistent basis during the respective periods. The Financial Statements are complete and present fairly in all material respects the combined financial position of the Company as of such dates and the results of its operations and changes in its cash flows, as the case may be, for such periods subject to normal recurring year-end adjustments and the absence of notes in the case of the May 31, 1997 Financial Statements. The Company does not have any material obligation or liability, individually or in the aggregate, of the nature required to be disclosed on a balance sheet prepared in accordance with generally accepted accounting principles that is not disclosed by the Financial Statements referred to above. Except as set forth in the Financial Statements, the Company is not a guarantor or indemnitor of any Person.
