The Company Reports; Financial Statements Sample Clauses
The "The Company Reports; Financial Statements" clause requires the company to provide regular and accurate financial reports and statements to relevant parties, such as investors or regulatory bodies. Typically, this involves delivering periodic balance sheets, income statements, and other financial disclosures that reflect the company's financial health and operations. By mandating transparency and timely reporting, this clause ensures stakeholders have the necessary information to assess the company's performance and make informed decisions, thereby promoting accountability and reducing the risk of financial misrepresentation.
The Company Reports; Financial Statements. (i) The Company and its Subsidiaries have filed with the SEC all registration statements, prospectuses, forms, reports, schedules, statements and other documents required to be filed by them since May 24, 2002 under the Exchange Act or the Securities Act of 1933, as amended (the “Securities Act”) (collectively, the “Company Reports”). The Company Reports, including any financial statements or schedules included in the Company Reports, at the time filed (and, in the case of registration statements and proxy statements, on the dates of effectiveness and the dates of mailing, respectively, and, in the case of any Company Report amended or superseded by a filing prior to the date of this Agreement, then on the date of such amending or superseding filing) (i) did not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary in order to make the statements therein, in light of the circumstances under which they were made, not misleading, and (ii) complied in all material respects with the applicable requirements of the Exchange Act and the Securities Act, as the case may be. The financial statements of the Company and its Subsidiaries included in the Company Reports (i) have been prepared from, and are in accordance with, the books and records of the Company and its Subsidiaries, (ii) at the time filed (and, in the case of registration statements and proxy statements, on the dates of effectiveness and the dates of mailing, respectively, and, in the case of any Company Report amended or superseded by a filing prior to the date of this Agreement, then on the date of such amending or superseding filing) complied as to form in all material respects with applicable accounting requirements and with the published rules and regulations of the SEC with respect thereto, (iii) were prepared in accordance with United States generally accepted accounting principles (“U.S. GAAP”) applied on a consistent basis during the periods involved (except as may be indicated in the notes thereto, or, in the case of unaudited statements, as permitted by Form 10-Q of the SEC), and (iv) fairly present in all material respects (subject, in the case of unaudited statements, to normal, recurring audit adjustments) the consolidated financial position of the Company and its consolidated Subsidiaries as at the dates thereof and the consolidated results of their operations and cash flows (and changes in financial position, if any) ...