Precision definition
Examples of Precision in a sentence
All such financial statements have been prepared in accordance with GAAP and present accurately and fairly in all material respects the financial position of Precision and its consolidated Subsidiaries as at the dates thereof and their results of operations for the specified periods, subject, in the case of such unaudited financials to normal year-end adjustments and the absence of footnote disclosure.
Such audited statements shall be examined in accordance with generally accepted accounting standards by independent certified public accountants selected by Precision and reasonably satisfactory to Administrative Agent, whose report thereon shall not be qualified in any respect.
By: /s/ S▇▇▇▇ ▇▇▇▇▇▇▇▇▇ S▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Executive Chairman of the Board of Directors /s/ A▇▇▇ ▇▇▇▇▇▇▇ A▇▇▇ ▇▇▇▇▇▇▇ Executive Name A▇▇▇ ▇▇▇▇▇▇▇ Executive’s Email Address [***] Position President of Precision Logistics Base Salary $300,000 Bonus Calculation Annual bonus potential of up to 50% of Base Salary.
Credit Parties have delivered to Administrative Agent the audited consolidated balance sheet and related statements of income, retained earnings, cash flows and changes in stockholders’ equity for Precision and its consolidated Subsidiaries as of September 30, 2024 and for the Fiscal Year then ended, accompanied by the report thereon of the Page 146 Credit Parties’ independent certified public accountants.
The cash proceeds of any issuance of such Equity Interests pursuant this Section shall be contributed in cash to Precision and be included in the calculation of EBITDA for such Fiscal Month solely for purpose of determining compliance with the Financial Covenant.