Examples of Purchaser Interim Financial Statements in a sentence
Purchaser possesses good and marketable title to and owns, free and clear of any mortgage, pledge, lien, charge, or other encumbrance or other third party interest of any nature whatsoever which would materially interfere with the business or operations of Purchaser, its real and personal property and other assets, including without limitation those properties and assets reflected in the Purchaser Interim Financial Statements, or acquired by Purchaser subsequent to the date thereof.
Since March 31, 2008, there has been no Material Adverse Effect with respect to Purchaser, its business, operations or financial condition including no material deterioration in the quality or market value of its assets, including those real properties, investments and other assets included in the Purchaser Interim Financial Statements.
The provisions made for Taxes on the balance sheet of the Purchaser included in the Purchaser Financial Statements and the Purchaser Interim Financial Statements are sufficient in all respects for the payment of all Taxes whether disputed or not that are due or are hereafter found to have been due with respect to the conduct of the business of the Purchaser up to and through the date of such Purchaser Financial Statements or Purchaser Interim Financial Statements, respectively.
The Purchaser Financial Statements have been prepared in accordance with International Financial Reporting Standards consistently applied throughout the periods to which they relate, subject, in the case of the Purchaser Interim Financial Statements, to usual year-end adjustments and the exclusion of footnotes.
The amounts set up as current liabilities for taxes in the Purchaser Interim Financial Statements are sufficient for the payment of all federal, state and local income, payroll, withholding, real estate, and other taxes of any kind whatsoever, including any interest, penalty or addition thereto, whether disputed or not ("Tax" or "Taxes") accrued in accordance with generally accepted accounting principles and unpaid at December 31, 2007.
At March 31, 2008, Purchaser had no obligation or liability of any nature (whether absolute, accrued, contingent, or otherwise, and whether due or to become due) which was material, or which when combined with all similar obligations or liabilities would have been material, to Purchaser, except as disclosed in the Purchaser Interim Financial Statements.
Vendors are not able to make long term association with the industries due to fast revolution in technology, changes in goods, quality of raw material and setup of advance hardware and software’s which needs time for being prepared .
The Purchaser and the Purchaser Subsidiaries have filed all Tax Returns and reports required to be filed by them and have paid and discharged all material Taxes required to be paid or discharged (whether or not shown on such Tax Returns) or otherwise provided for such Taxes on the Purchaser Interim Financial Statements.
Parent has also delivered to Seller interim financial statements, consisting of a balance sheet as of May 30, 2000, and an income statement, statement of stockholders' equity and statement of cash flows for the two-month period then ended (the "Purchaser Interim Financial Statements").
The Purchaser has no Liabilities, except: (i) those that are adequately reflected or reserved against in the balance sheet contained in the most recent Purchaser Interim Financial Statements; (ii) those that have been incurred in the Ordinary Course since the date of the most recent Purchaser Interim Financial Statements and that are not, individually or in the aggregate, material in amount; or (iii) as set forth in the Purchaser Disclosure Schedules.