JC Financial Statements definition

JC Financial Statements means the unaudited financial statements for the Acquired Corporations on a consolidated basis as at and in respect of the fiscal year ended December 31, 2020;
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Examples of JC Financial Statements in a sentence

  • None of the Plans has any material unfunded liabilities which are not reflected on the latest JC Financial Statements.

  • The J&C Financial Statements are internal statements prepared by management.

  • ATTACHED AS SCHEDULE 4.7 hereto are the unaudited consolidated financial statements of Jacobs & Company and Subsidiary f▇▇ ▇▇▇ years ended December 31, 2000 and 1999 (the "J&C Financial Statements").

  • The JC Financial Statements reflect the consistent application of such accounting principles throughout the periods involved and have been prepared from the accounting records of the Acquired Corporations.

  • Each of the J&C Financial Statements (a) is complete and correct and presents fairly in all material respects the consolidated financial condition of J&C as of the dates thereof, (b) discloses all material liabilities of J&C, and (c) has been prepared on a modified income tax basis and is therefore a departure from statements prepared in accordance with generally accepted accounting principles.

  • The reserve on the JC Financial Statements against the Accounts Receivable for returns and bad debts has been calculated in a manner consistent with the Ordinary Course of Business.

  • Such JC Financial Statements fairly present in all material respects the consolidated financial condition and the results of operations, changes in shareholder's equity, and cash flows of the Corporation and the Business as at the respective dates and for the periods referred to in such JC Financial Statements, all in accordance with IFRS.