Initial Financial Statements definition

Initial Financial Statements means (a) the balance sheets of the Company as at December 31, 1997 and March 31, 1998 and the related reviewed statements of operations and retained earnings for each of the Company's two fiscal years in the period ended December 31, 1997, and (b) the Current Balance Sheet and the related statement of income for the Company's fiscal year ended December 31, 1997, which the Company has delivered to RW prior to the date hereof.
Initial Financial Statements means (a) the audited consolidated balance sheets of the Company and the Company Subsidiaries at December 31, 1995, and 1996 and the related audited consolidated statements of operations, stockholders' equity and cash flows for each of the Company's two fiscal years ended December 31, 1996, together with the related audit report of Arthur Andersen LLP, and (b) the Current Balance Sheet and the related unaudited consolidated statements of operations, cash flows anx xxxxxxxlders' equity for the six month period ended on the Current Balance Sheet.
Initial Financial Statements means (a) the consolidated balance sheet of the Company as at September 30, 1996 and the related consolidated statements of income (operations), cash flows and stockholders' equity for the Company's nine-month period ended September 30, 1996, and (b) the Current Balance Sheet and the related unaudited consolidated statements of income (operations), cash flows and stockholders' equity for the nine-month period ended on the Current Balance Sheet Date.

Examples of Initial Financial Statements in a sentence

  • The Initial Financial Statements present fairly, in all material respects, the financial position of the Borrower and its consolidated Subsidiaries as of such dates in accordance with GAAP, subject to year-end audit adjustments and the absence of footnotes in the case of interim financial statements.


More Definitions of Initial Financial Statements

Initial Financial Statements means (a) the audited annual Consolidated financial statements of Borrower dated as of December 31, 2002, and (b) the unaudited quarterly Consolidated financial statements of Borrower dated as of September 30, 2003.
Initial Financial Statements means (a) the audited annual Consolidated financial statements of Borrower dated as of December 31, 2004, and (b) the unaudited quarterly Consolidated financial statements of Borrower dated as of March 31, 2005.
Initial Financial Statements means the unaudited consolidated financial statements of Hi-Crush Proppants and its Subsidiaries for the fiscal quarter ending June 30, 2012, including statements of income, retained earnings, changes in equity and cash flow for such fiscal quarter as well as a balance sheet as of the end of such fiscal quarter, all prepared in accordance with GAAP.
Initial Financial Statements means the audited annual financial statements of Borrower dated as of December 31, 2007 and the quarterly unaudited financial statements of Borrower dated as of March 31, 2008.
Initial Financial Statements means the unaudited consolidated balance sheet of the Borrower and its Subsidiaries for the fiscal quarter ended March 31, 2004, and the related consolidated statements of income or operations, shareholdersequity and cash flows for such fiscal quarter of the Borrower and its Subsidiaries, including the notes thereto.
Initial Financial Statements shall have the meaning given such term in Section 6.1 of the Credit Agreement.