Common use of Date of Auditors' Opinion and Quarterly Reviews Clause in Contracts

Date of Auditors' Opinion and Quarterly Reviews. The parties ----------------------------------------------- will cooperate in establishing a timetable for the preparation of audited financial statements and the clearance of quarterly financial statements. Each Included Newco shall use its best efforts to enable its auditors to complete their audit such that they will date their opinion on such Included Newco's audited annual financial statements on the same date that CSI's auditors date their opinion on CSI's audited annual financial statements, and to enable CSI to meet its timetable for the printing, filing and public dissemination of CSI's annual financial statements. Each Included Newco shall use its best efforts to enable its auditors to complete their quarterly review procedures such that they will provide clearance on such Included Newco's quarterly financial statements on the same date that CSI's auditors provide clearance on CSI's quarterly financial statements.

Appears in 2 contracts

Samples: Transformation Agreement (Aprisma Management Technologies Inc), Transformation Agreement (Cabletron Systems Inc)

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Date of Auditors' Opinion and Quarterly Reviews. The ----------------------------------------------- parties ----------------------------------------------- will cooperate in establishing a timetable for the preparation of audited financial statements and the clearance of quarterly financial statements. Each Included Newco shall use its best efforts to enable its auditors to complete their audit such that they will date their opinion on such Included Newco's audited annual financial statements on the same date that CSI's auditors date their opinion on CSI's audited annual financial statements, and to enable CSI to meet its timetable for the printing, filing and public dissemination of CSI's annual financial statements. Each Included Newco shall use its best efforts to enable its auditors to complete their quarterly review procedures such that they will provide clearance on such Included Newco's quarterly financial statements on the same date that CSI's auditors provide clearance on CSI's quarterly financial statements.

Appears in 1 contract

Samples: Transformation Agreement (Cabletron Systems Inc)

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Date of Auditors' Opinion and Quarterly Reviews. The parties ----------------------------------------------- will cooperate in establishing a timetable for the preparation of audited financial statements and the clearance of quarterly financial statements. Each Included Newco shall use its best efforts to enable its auditors to complete their audit such that they will date their opinion on such Included Newco's audited annual financial statements on the same date that CSI's auditors date their opinion on CSI's audited annual financial statements, and to enable CSI to meet its timetable for the printing, filing and public dissemination of CSI's annual financial statements. Each Included Newco shall use its best efforts to enable its auditors to complete their quarterly review procedures such that they will provide clearance on such Included Newco's quarterly financial statements on the same date that CSI's auditors provide clearance on CSI's quarterly financial statements.

Appears in 1 contract

Samples: Transformation Agreement (Riverstone Networks Inc)

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