DDS Financial Statements definition

DDS Financial Statements. : means the audited consolidated annual financial statements of DDS for the year ended December 31, 1998 and the unaudited interim financial statements of DDS for the three-month period ended March 31, 1999;

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DDS Financial Statements means (a) the audited balance sheets of DDS as of October 31, 2002 and related audited statements of operations, comprehensive income, shareholders' equity and cash flows for each of the fiscal years ended October 31, 2002 and 2001 (the "Audited DDS Financial Statements"), accompanied by a report of independent auditors to the effect that the Audited DDS Financial Statements present fairly, in all material respects, the consolidated financial position of DDS at October 31, 2002, and the consolidated results of its operations and its cash flows for each of the fiscal years ended October 31, 2002 and 2001 in conformity with GAAP and (b) an unaudited consolidated balance sheet of DDS as of January 31, 2003 (the "DDS Balance Sheet") and related

DDS Financial Statements means the proforma financial statements attached as Exhibit A.

Examples of DDS Financial Statements in a sentence

• Since the date of the most recent balance sheet included in the DDS Financial Statements, no event or condition has occurred that could have a Material Adverse Effect on DDS.

• To the Knowledge of DDS, DDS has no material liabilities or obligations not reflected in the DDS Financial Statements, other than those incurred in the ordinary course of its business since the date of the most recent balance sheet included in the DDS Financial Statements and which, individually or in the aggregate, do not or would not have a Material Adverse Effect on DDS.

• Since the date of most recent balance sheet of DDS included in the DDS Financial Statements, no event or condition shall have occurred that had or would likely have a Material Adverse Effect on DDS.

• Promptly following execution of this Agreement, the Selling Shareholders shall cause DDS's accountants, at Pioneer's expense, to certify the DDS Financial Statements as required by Section 2.7(e) and Section 2.10(h).

• Form of Certificate To Be Delivered in Connection with Transfers Pursuant to Regulation S F-1 INDENTURE, dated as of February 23, 2007, among MERITAGE HOMES CORPORATION, a Maryland corporation, as issuer (the “Issuer”), the Guarantors (as hereinafter defined) and ▇▇▇▇▇ FARGO BANK, NATIONAL ASSOCIATION, as trustee (the “Trustee”).

• The DDS Financial Statements have been prepared in accordance with GAAP consistently applied, present fairly the financial position of DDS as at the dates thereof and the results of operations, stockholders' equity and cash flows of DDS for the periods covered thereby, and are substantially in accordance with the financial books and records of DDS, subject to normal year end adjustments with respect to the Interim Financial Statements.

• Promptly following the execution of this Agreement, the Selling Shareholders shall obtain the consent and agreement of DDS's accountants to the use of the DDS Financial Statements required in connection with Pioneer's periodic filing requirements and any subsequent registration statements filed by Pioneer with the SEC.

• DDS owns or has a valid leasehold interest in all its material assets and property reflected in the DDS proforma balance sheet included in the DDS Financial Statements, except assets and property disposed of after June 30, 2002 in the ordinary course of business and consistent with past practice.

• The DDS Financial Statements have been provided to Black Diamond.

• DDS owns or has a valid leasehold interest in all its material assets and property reflected in the DDS proforma balance sheet included in the DDS Financial Statements, except assets and property disposed of after January 31, 2003 in the ordinary course of business and consistent with past practice.

More Definitions of DDS Financial Statements

DDS Financial Statements means (a) the audited balance sheets of DDS as of October 31, 2002 and related audited statements of operations, comprehensive income, shareholders' equity and cash flows for each of the fiscal years ended October 31, 2002 and 2001 (the "Audited DDS Financial Statements"), accompanied by a report of independent auditors to the effect that the Audited DDS Financial Statements present fairly, in all material respects, the consolidated financial position of DDS at October 31, 2002, and the consolidated results of its operations and its cash flows for each of the fiscal years ended October 31, 2002 and 2001 in conformity with GAAP and (b) an unaudited consolidated balance sheet of DDS as of January 31, 2003 (the "DDS Balance Sheet") and related statements of operations, comprehensive income and cash flows for the three months ended January 31, 2003 and 2002.

DDS Financial Statements. The DDS Financial Statements: (i) were prepared in accordance with Canadian generally accepted accounting principles applied on a basis consistent with that of previous years; and (ii) present fairly in all material respects the financial position of DDS as at the date thereof and the results of DDS's operations and the changes in DDS's financial position for the period then ended;