JKC Financial Statements definition

JKC Financial Statements means (a) the audited balance sheets of the Company as of December 31, 2001 and 2000 and related audited statements of operations, comprehensive income, shareholders' equity and cash flows for each of the fiscal years ended December 31, 2001, 2000 and 1999 (the "Audited JKC Financial Statements"), accompanied by a report of independent auditors to the effect that the Audited JKC Financial Statements present fairly, in all material respects, the consolidated financial position of the Company at December 31, 2001 and 2000, and the consolidated results of its operations and its cash flows for each of the fiscal years ended December 31, 2001, 2000 and 1999 in conformity with GAAP and (b) an unaudited consolidated balance sheet of the Company as of March 31, 2002 (the "JKC Balance Sheet") and related statements of operations, comprehensive income and cash flows for the three months ended March 31, 2002 and 2001.

Examples of JKC Financial Statements in a sentence

  • The Company owns or has a valid leasehold interest in all its material assets and property reflected in the most recent JKC Financial Statements, except assets and property disposed of after March 31, 2002 in the ordinary course of business and consistent with past practice.

  • Since the date of the most recent JKC Financial Statements, no event or condition has occurred that could have a Material Adverse Effect on the Company.

  • The Company has no material liabilities or obligations not reflected in the JKC Financial Statements, other than those incurred in the ordinary course of the Company's business since the date of the most recent JKC Financial Statements and which, individually or in the aggregate, do not or would not have a Material Adverse Effect on the Company.

Related to JKC Financial Statements