Common use of Balance Sheets Clause in Contracts

Balance Sheets. Buyer has previously delivered to Seller an audited balance sheet as of December 31, 1999, and an unaudited balance sheet as of September 30, 2000, for Buyer, each prepared in accordance with GAAP except as stated therein, and such balance sheets present fairly in all material respects the financial position of such entity on the date thereof.

Appears in 4 contracts

Sources: Purchase and Sale Agreement (Allegheny Energy Inc), Purchase and Sale Agreement (Allegheny Energy Inc), Purchase and Sale Agreement (Allegheny Energy Inc)