Interim Financial Statement Clause Samples
The Interim Financial Statement clause requires a party, typically a company, to provide up-to-date financial information covering a period that falls between regular annual or quarterly reporting dates. This clause ensures that stakeholders, such as investors or counterparties, receive recent financial data—such as balance sheets or income statements—reflecting the company's current financial position before a transaction closes or at a specified milestone. Its core function is to provide transparency and reduce informational risk by ensuring decisions are based on the most current financial information available.
POPULAR SAMPLE Copied 1 times
Interim Financial Statement. The Parent and Merger Sub shall have received a copy of the Interim Financial Statement reviewed by the Company’s auditors.
Interim Financial Statement. As soon as available, but in no event later than forty five (45) days after the end of each quarter, Borrower’s balance sheet and income statement for the period ended, prepared by Borrower.
Interim Financial Statement. Until the Closing Date, Seller shall deliver to Buyer within twenty (20) calendar days after the end of each month and within forty-five (45) calendar days after the end of each fiscal quarter a copy of the financial statements for such month and fiscal quarter, respectively. Such financial statements and the deliveries under Section 2.8 shall be prepared in a manner and containing information consistent with Seller's current practices and certified by Seller's chief financial officer as to compliance of such financial statements with Section 3.4.
Interim Financial Statement. The Interim Financial Statement of the Company (copy of which is attached as Exhibit A hereto) is complete and correct and fairly present the financial position of the Company at the dates of the Interim Financial Statement, and have been prepared in conformity with the Accounting Principles.
Interim Financial Statement. Between the date hereof and the Closing Date, Seller shall promptly provide Buyer with copies of any and all regularly generated unaudited interim financial statements of Seller and such other unaudited interim financial statements of Seller as Buyer may reasonably request.
Interim Financial Statement. The unaudited balance sheet of the --------------------------- Company as of April 6, 2000.