Target Financial Statements definition

Target Financial Statements means (i) the consolidated balance sheets (including related notes and schedules, if any) of Target as of December 31, 2014 and 2013, and the related statements of income, changes in shareholdersequity, and cash flows (including related notes and schedules, if any) as filed by Target in SEC documents, and (ii) the unaudited consolidated balance sheet (including related notes and schedules, if any) of Target as of September 30, 2015, and the related statements of income, changes in shareholders’ equity, and cash flows (including related notes and schedules, if any), as delivered by Target to Purchaser prior to execution of this Agreement.
Target Financial Statements has the meaning set forth in Section 3.4(a).
Target Financial Statements means the audited financial statements of the Target for the fiscal year ended June 30, 2012, and the comparative period thereto and the audited interim financial statements of the Target for the period ended on the Target Accounting Date and the comparative period thereto, including audited balance sheets of the Target as of June 30, 2012 , and audited balance sheets of the Target as of the Target Accounting Date and June 30, 2012, together with related statements of operations, changes in stockholder’s equity (deficit) and cash flows for the fiscal years and interim periods then ended, all prepared in accordance with GAAP and audited by an independent auditor registered with both the Canadian Public Accounting Board and the United States Public Company Accounting Oversight Board;

Examples of Target Financial Statements in a sentence

  • All information set forth in the notes to the Target Financial Statements relating to Tax matters is true, complete and accurate in all material respects.

  • All accounts receivable of the Target that are reflected on the balance sheet included in the Target Financial Statements or on the accounting records of the Target as of the Closing Date (collectively, the “Accounts Receivable”) have been recorded by the Target in accordance with its usual accounting practices consistent with prior periods and represent or will represent valid obligations arising from sales actually made or services actually performed in the ordinary course of business.

  • The Target has not been informed by its independent accountants that they recommend that the Target amend or restate any of the Target Financial Statements or that there is any need for the Target to amend or restate any of the Target Financial Statements.

  • The Target is not currently contemplating to amend or restate any of the Target Financial Statements, nor is the Target currently aware of facts or circumstances which would require the Target to amend or restate any of the Target Financial Statements, in each case, in order for any of the Target Financials Statements to be in compliance with GAAP.

  • The Target possesses, and has good and marketable title to all real property and leaseholds or other such interests necessary for the continued operation of the Business as presently conducted and as represented to the Purchaser, including all assets reflected in the Target Financial Statements or acquired since the Accounting Date.


More Definitions of Target Financial Statements

Target Financial Statements means for purposes of Section 3.9, the 2019 Audited Financials (as defined in the Stock Purchase Agreement as in effect on the date hereof).
Target Financial Statements means (a) the consolidated balance sheets (including related notes and schedules, if any) of TARGET as of September 30, 1995, and as of December 31, 1994 and 1993, and the related statements of income, changes in shareholders' equity, and cash flows (including related notes and schedules, if any) for the nine months ended September 30, 1995, and for each of the three fiscal years ended December 31, 1994, 1993, 1992, as previously furnished by TARGET to Purchaser, and (b) the consolidated balance sheets of TARGET (including related notes and schedules, if any) and related statements of income, changes in shareholders' equity, and cash flows (including related notes and schedules, if any) with respect to periods ended subsequent to September 30, 1993.
Target Financial Statements has the meaning set forth in Section 3.4.
Target Financial Statements has the meaning ascribed thereto in Section 3.1(i);
Target Financial Statements shall have the meaning set forth in Section 2.4(b) hereof.
Target Financial Statements means the audited financial statements of the Target for the fiscal years ended December 31, 2013 and 2012, and the unaudited financial statements for the interim periods ended June 30, 2014 and 2013, all prepared in accordance with GAAP and audited by an independent auditor registered with the Public Company Accounting Oversight Board in the United States;
Target Financial Statements means the: (i) audited consolidated balance sheets (including related notes and schedules, if any) of Target as of December 31, 2013 and as of December 31, 2014, and the related statements of operations, changes in stockholdersequity, and cash flows (including related notes and schedules, if any) for the three (3) years ended December 31, 2014, and (ii) unaudited condensed consolidated balance sheets of Target (including related notes and schedules, if any) and related statements of operations, changes in stockholders’ equity, and cash flows (including related notes and schedules, if any) for the three (3) and nine (9) month periods ended September 30, 2015.