Common use of Management Accounts Clause in Contracts

Management Accounts. The Management Accounts have been prepared on basis consistent with previous management accounts prepared for the Group and have been prepared with due care and (i) disclose with reasonable accuracy; and (ii) give a reasonable view of the profit and loss of the Group for the period commencing on 1 October 2009 and ending on the Management Accounts Date and state of affairs of the Group as at the Management Accounts Date having regard to the purposes for which they have been prepared.

Appears in 2 contracts

Samples: Share and Business Sale Agreement (Scotts Miracle-Gro Co), Share and Business Sale Agreement (Scotts Miracle-Gro Co)

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Management Accounts. 9.2.1 The Management Accounts have been prepared on a basis consistent with previous management accounts prepared for that employed in preparing the Group Accounts and have been prepared with due care fairly represent the assets and (i) disclose with reasonable accuracy; liabilities, profit and (ii) give a reasonable view losses and income and expenditure of the profit and loss of the Group for the period commencing on 1 October 2009 and ending on the Management Accounts Date and state of affairs of the Group Company as at the Management Accounts Date having regard and to the purposes for date to which they have been prepared.

Appears in 1 contract

Samples: Agreement (Lufkin Industries Inc)

Management Accounts. The Management Accounts have been prepared in accordance with the normal practice of the Group Companies and on a basis consistent with previous the management accounts prepared for by the Group and have been prepared with due care and (i) disclose with reasonable accuracy; and (ii) give a reasonable view Companies in respect of the profit and loss of 12 months preceding the Group for the period commencing on 1 October 2009 and ending on the Management Accounts Date and state of affairs of in accordance with substantially the Group same accounting policies and accounting treatment as at the Management Accounts Date having regard to the purposes for which they have been preparedAccounts.

Appears in 1 contract

Samples: Agreement (Xura, Inc.)

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Management Accounts. The Management Accounts have been properly prepared on a basis consistent with previous management accounts prepared for and applying the Group same accounting policies, standards and have been prepared with due care practices as those adopted in the preparation of the Accounts and (i) disclose with reasonable accuracy; and (ii) give a reasonable fair view of the profit assets and loss liabilities of the relevant Group Company, as at 30 April 2008 and of its profits and losses for the seven month period commencing on 1 October 2009 and ending on the Management Accounts Date and state of affairs of the Group as at the Management Accounts Date having regard to the purposes for which they have been preparedthen ended.

Appears in 1 contract

Samples: Agreement (Kaman Corp)

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