Common use of Financial Statement Presentation Clause in Contracts

Financial Statement Presentation. In any press release, or public disclosure document required by securities regulatory authorities, that contains the Corporation’s quarterly or annual financial statements, subject to compliance with applicable securities law and other regulatory requirements, such financial statements shall be prepared in accordance with Canadian GAAP and, if requested by Phoenix, contain a note reconciliation to U.S. generally accepted accounting principles (“US GAAP”).

Appears in 2 contracts

Samples: Purchase Agreement (Xplore Technologies Corp), Exchange and Purchase Agreement (Xplore Technologies Corp)

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