Reference FS Sample Clauses

Reference FS. (i) The Reference FS (x) are true and correct in all material respects, (y) have been prepared in accordance with the IFRS standards and (z) present a true and fair view of all of the assets, liabilities (except for those that are not required to be disclosed in the Reference FS), and of its results of operations and cash flows at the date or dates therein indicated; and (ii) the Company’s most recent unaudited financial statements (including balance sheet, income statement and statement of cash flows) before the Signing Date (a copy of which is included in the Disclosure Schedules) (x) are true and correct in all material respects, and (y) have been prepared in accordance with IFRS standards (subject to normal year-end audit adjustments which are not material in amount (either individually or in the aggregate) or character and except that such unaudited financial statements do not contain all of the required footnotes) and (z) present a true and fair view of all of the assets, liabilities (except for those that are not required to be disclosed in the unaudited financial statements in accordance with IFRS) and of its results of operations and cash flows at the date or dates therein indicated. (b) The books and records of the Company required to be kept under applicable Law are up to date, have in all respects been maintained in accordance with applicable legal requirements and contain complete and accurate records of all matters required to be dealt with in such books under applicable Law. The Company has not engaged in any transaction, maintained any bank account or used any corporate funds except reflected in its Books and Records, and except for immaterial transactions involving ▇▇▇▇▇ cash. (c) The Company maintains accurate business records, financial books and records, personnel records, ledgers, sales accounting records, tax records and related work papers and other books and records (collectively, the “Books and Records”) reflecting the Company’s assets and Liabilities implemented to effect the collection thereof on a timely basis. (d) The Company maintains systems of internal accounting controls sufficient to provide reasonable assurances that: (i) transactions are executed in accordance with management’s general or specific authorization; and (ii) transactions are recorded as necessary to permit the preparation of financial statements in conformity with IFRS and to maintain accountability for assets. (e) The Reference FS have been approved at the ...