AVT Financial Statements definition

AVT Financial Statements means collectively, the audited financial statements of AVT as of and for the years ending December 31, 2012 and 2011 and for the period from July 24, 2007 (inception) to December 31, 2012, and the unaudited financial statements of AVT as of September 30, 2013 and 2012, and for the period from July 24, 2007 (inception) to September 30, 2013, which shall be delivered at Closing, all of which will be prepared in accordance with United States generally accepted accounting principles and the requirements of Regulation S-X as promulgated by the Commission.

Examples of AVT Financial Statements in a sentence

  • There are no material liabilities, contingent or otherwise, of AVT which are not reflected in the AVT Financial Statements except those incurred in the ordinary course of business since the date of the AVT Financial Statements.

  • No dividends or other distributions on any shares in the capital of AVT have been made, declared or authorized since the date of the AVT Financial Statements.

  • The AVT Financial Statements present fairly, in all material respects, the assets and liabilities (whether accrued, absolute, contingent or otherwise) of AVT as of the respective dates thereof, and the results of operations and changes in financial position of AVT during the periods covered thereby, in accordance with generally accepted accounting principles consistently applied throughout the periods indicated.

Related to AVT Financial Statements