Envoy Financial Statements definition
Examples of Envoy Financial Statements in a sentence
All such contributions to, and payments from, the Benefit Plans, except those payments to be made from a trust qualified under Section 401(a) of the Internal Revenue Code, for any period ending before the Effective Time that are not yet, but will be, required to be made, will be properly accrued and reflected in the balance sheet included in the Envoy Financial Statements.
Except for Liabilities which are accrued or reserved against on the balance sheet (or reflected in the notes thereto) included in the Envoy Financial Statements, neither Envoy nor any of its Subsidiaries has any Material (individually or in the aggregate) Liabilities, other than Liabilities incurred in the ordinary course of the business since the Envoy Balance Sheet Date or Liabilities arising under this Agreement.
All accounts receivable of Envoy and its Subsidiaries, whether or not reflected in the Envoy Financial Statements represent in all Material respects sales made in the ordinary course of business, and the reserves shown on the Envoy Financial Statements have been established in accordance with GAAP, consistently applied, and are considered by management of Envoy and Quintiles to be adequate.
The Envoy Financial Statements fairly present in all material respects the consolidated financial position of Envoy as of the dates thereof and the consolidated results of their operations and cash flows for the periods then ended.