Common use of Financial Statements; Financial Condition; Undisclosed Liabilities; Projections; etc Clause in Contracts

Financial Statements; Financial Condition; Undisclosed Liabilities; Projections; etc. (a) The consolidated balance sheet of Holdings and its Subsidiaries for the fiscal year ended on December 31, 2007, and the related consolidated statements of income, cash flows and shareholders’ equity of Holdings and its Subsidiaries for such fiscal year or fiscal quarter ended on such dates, as the case may be, copies of which have been furnished to the Administrative Agent and the Lenders prior to the Effective Date, present fairly in all material respects the consolidated financial position of Holdings and its Subsidiaries at the dates of such balance sheets and the consolidated results of the operations of Holdings and its Subsidiaries for the periods covered thereby. All of the foregoing historical financial statements have been prepared in accordance with NOR-GAAP consistently applied (except, in the case of the aforementioned quarterly financial statements, for normal year-end audit adjustments and the absence of footnotes).

Appears in 2 contracts

Samples: Credit Agreement (Trico Marine Services Inc), Credit Agreement (Trico Marine Services Inc)

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Financial Statements; Financial Condition; Undisclosed Liabilities; Projections; etc. (a) (i) The audited consolidated balance sheet of Holdings the Borrower and its Subsidiaries for its fiscal year ended on March 31, 1999, and the related audited consolidated statements of income, cash flows and shareholders' equity of the Borrower and its Subsidiaries for the fiscal year ended on December 31, 2007, and the related consolidated statements of income, cash flows and shareholders’ equity of Holdings and its Subsidiaries for such fiscal year or fiscal quarter ended on such dates, as the case may bedate, copies of which have been furnished to the Administrative Agent and the Lenders Agents prior to the Effective Date, present fairly in all material respects the consolidated financial position of Holdings the Borrower and its Subsidiaries at the dates date of such balance sheets sheet and the consolidated results of the operations of Holdings the Borrower and its Subsidiaries subsidiaries for the periods period covered thereby. All of the foregoing historical financial statements have been prepared in accordance with NOR-GAAP generally accepted accounting principles consistently applied (except, in the case of the aforementioned quarterly financial statements, for normal year-end audit adjustments and the absence of footnotes)applied.

Appears in 1 contract

Samples: Credit Agreement (Compuware Corporation)

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Financial Statements; Financial Condition; Undisclosed Liabilities; Projections; etc. (a) (i) The audited consolidated balance sheets of the Borrower for its fiscal years ended on December 31, 1998, 1999 and 2000 and the draft audited consolidated balance sheet of Holdings and the Borrower for its Subsidiaries for the fiscal year ended on December 31, 20072001, and the related audited or draft audited, as applicable, consolidated statements of income, cash flows and shareholders' equity of Holdings and its Subsidiaries the Borrower for such the fiscal year or fiscal quarter years ended on such dates, as the case may be, copies of which have been furnished to the Administrative Agent and the Lenders prior to the Effective Initial Borrowing Date, present fairly in all material respects the consolidated financial position of Holdings and its Subsidiaries the Borrower at the dates of such balance sheets and the consolidated results of the operations of Holdings and its Subsidiaries the Borrower for the periods covered thereby. All of the foregoing historical financial statements have been prepared in accordance with NOR-GAAP consistently applied (except, in the case of the aforementioned quarterly financial statements, for normal year-end audit adjustments and the absence of footnotes)applied.

Appears in 1 contract

Samples: Credit Agreement (Infousa Inc)

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