Examples of Stub Period Financial Statements in a sentence
No later than (y) November 1, 2006, CCE shall prepare and deliver to ETP the CCE Stub Period Income Statements and (z) November 1, 2006, cause TPC and Citrus to prepare and deliver to ETP the TPC Stub Period Financial Statements and the Citrus Stub Period Financial Statements, respectively.
At the time of such delivery, the Stub Period Financial Statements shall be attached as part of Schedule 7.6.1.
Motion:On the motion of Commissioner Caflisch, seconded by Commissioner Hogsett, the Commission approved to set the date of January 25, 2018 for a public hearing to consider condemnation for the structures at 1320 W Locust Street as dangerous and unsafe.Aye: Caflisch, Meier, Hogsett Nay: None B.
None of the financial statements included in the Audited Financial Statements or the Stub Period Financial Statements, as so delivered, will when compared to the corresponding unaudited financial statement for the same period included in the Historical Financial Statements or the Subsequent Financial Statements, reflect any material diminution in the value of the Business as a whole, or any material diminution in the net income, cash flows, or net worth of the Business.
As of the end of such period, Seller had no material liability, commitment or obligation of any nature, whether absolute, accrued or contingent, that is not adequately provided for or disclosed in the foregoing Stub Period Financial Statements, including all taxes and assessments due and payable by Seller.
The Stub Period Financial Statements have been prepared for the internal use of management and may not be in accordance with generally accepted accounting principles because of the absence of footnotes normally contained therein and are subject to normal year-end audit adjustments which in the aggregate will not be material.
Seller shall have delivered to Buyer the Stub Period Financial Statements (as defined in Section 3.15 of this Agreement) which are satisfactory to Buyer in Buyer’s sole discretion.
Not less than 30 days prior to Closing, Parent shall have delivered to Holdings and its Subsidiaries the Audited Financial Statements, the Stub Period Financial Statements and the Subsequent Financial Statements prepared and presented in accordance with SECTIONS 7.6 and 10.13.
The statutory auditors of the Company have conducted review of these Stub Period Financial Statements.
Additionally, the cost of preparing the Audited Financial Statements and the Stub Period Financial Statements shall be borne by Eastern.