Common use of The Financial Statements Clause in Contracts

The Financial Statements. (A) were prepared in accordance with the books of account and other financial records of Issuer and each Subsidiary; (B) present fairly the consolidated financial condition and results of operations of Issuer and each Subsidiary as of the dates thereof or for the periods covered thereby; (C) were prepared in accordance with U.S. GAAP applied on a basis consistent with the past practices of Issuer and each Subsidiary and throughout the periods involved; and (D) include all adjustments (consisting only of normal recurring accruals) that are necessary for a fair presentation of the consolidated financial condition and results of operations of Issuer as of the dates thereof or for the periods covered thereby.