Examples of Audited Accounts Date in a sentence
The parties to the Acquisition Agreement shall, at costs and expenses of Falloncroft, instruct an auditor to prepare the audited consolidated financial statements of the Uni-Dragon Group for the period from the date immediately after the Audited Accounts Date to the date of Completion and/or (where applicable) as at the date of Completion within sixty (60) days thereafter (the ‘‘Completion Accounts’’).
A certificate signed by the Warrantors confirming that, to the best of their knowledge and belief, and having made all reasonable enquiries, there has been no material adverse change in the financial and trading position of the Group and the Target Group taken as a whole between the Audited Accounts Date and the Completion Date, to be delivered by the Company to the Placing Agents before 10:00am on the Completion Date.
The assets of the Company are included in the Audited Accounts and all assets acquired since the Audited Accounts Date are solely the property of the Company and except as described in the Management Accounts are not subject to any Encumbrance or any agreement to give or create any Encumbrance otherwise than in the ordinary course of the business of the Company.
All liabilities, whether actual, contingent, deferred or disputed, of the Target for Tax in respect of, by reference to or in consequence of any income, profits or gains (whether actual or deemed) earned, accrued or received on or before the Last Audited Accounts Date or any Event which occurred on or before the Last Audited Accounts Date and whether incurred as principal, agent or trustee and whether primary or secondary liabilities are provided for in full in the Last Audited Accounts.
The Company has carried on its business in the ordinary and usual course since the Audited Accounts Date and there has been no material adverse change, or any development reasonably likely to involve a prospective material adverse change, in the business, contractual, financial or trading position or prospects of the Company.