C&C Financial Statements definition
Examples of C&C Financial Statements in a sentence
The reserves for Taxes reflected in the C&C Financial Statements are sufficient for payment in full of all unpaid Taxes (whether or not currently known or disputed) through the date thereof.
CC has provided to Entrenaut balance sheets and income statements of CC (the "CC Financial Statements").
Except as set forth in Section 3.17 of the Disclosure Schedule or in the C&C Financial Statements, as of the date hereof, all commissions and bonuses payable to employees, consultants, or contractors of C&C in connection with the Business of C&C for services performed on or prior to the date hereof have been paid in full and there are no outstanding agreements, understandings or commitments of Seller with respect to any commissions, bonuses or increases in compensation.
Except as set forth in Section 3.20 of the Disclosure Schedule, all of C&C’s accounts receivable that are reflected on the C&C Financial Statements and the accounts receivable arising after the date thereof and prior to the Closing (collectively, the “C&C Accounts Receivable”): (i) have arisen from bona fide transactions entered into by C&C involving the sale of products actually made or services actually performed in the Ordinary Course of Business; and (ii) constitute valid accounts receivable.
The CC Financial Statements have been prepared in accordance with generally accepted accounting principles consistently applied, and are true and accurate.
The allowance for doubtful accounts reflected in the C&C Financial Statements or, with respect to C&C Accounts Receivable arising after the date of the C&C Interim Financial Statements on the accounting Books and Records of C&C, have been determined in accordance with GAAP.
The CC Financial Statements provided in connection with transactions contemplated in this Agreement are true, correct and accurate in all respects.
Additionally, ALL staff and visitors will be required to have an HPS Identification visible at all times.
The most recent C&C Financial Statements reflect an adequate reserve for all Taxes payable by C&C and its subsidiaries for all taxable periods and portions thereof through the date of such financial statements.
Since the date of the CC Financial Statements, there has been no change in the financial condition of CC.