The Audited Financial Statements definition

The Audited Financial Statements. (a) have been prepared in accordance with the books of account and records of Ronco, Popeil Inc. and RP and (b) have been prepared in accordance with United States generally accepted accounting principles ("GAAP") consistently applied with prior periods, except as set forth on Schedule 2.4(A).
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The Audited Financial Statements. (i) are in accordance with the books and records of the Company and its Subsidiaries; (ii) have been prepared in accordance with GAAP applied on a consistent basis during the periods involved (except as may be indicated in the notes thereto); and (iii) fairly present in accordance with applicable requirements of GAAP the consolidated balance sheets of the Company and its consolidated Subsidiaries as at their respective dates and the consolidated statements of operations, cash flows and changes in shareholders' equity for the period then ended.
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The Audited Financial Statements. (A) have been prepared in accordance with the books and records of Seller; (B) have been prepared in accordance with generally accepting accounting principles consistently applied with Seller's financial statements for its business; (C) reflect and provide adequate reserves and disclosures in respect of all liabilities of the Business, including without limitation, all contingent liabilities, as of November 30, 1997 to the extent required by generally accepted accounting principles consistently applied; and (D) present fairly the financial condition of the Business at such date and the results of operations and cash flows of the Business for the period then ended.
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Examples of The Audited Financial Statements in a sentence

  • The Audited Financial Statements for each period shall be furnished to the Association not later than six (6) months after the end of the project fiscal year.

  • The Audited Financial Statements were prepared in accordance with GAAP.

  • The Audited Financial Statements shall not reflect any material change in the Company's financial condition or results of operations from the condition and results reported in the Financial Statements for the corresponding periods delivered by the Company prior to the execution of this Agreement.

  • The Audited Financial Statements are based on the books and records of the Company and fairly present in all material respects the financial condition of the Company as of the respective dates they were prepared and the results of the operations and cash flows of the Company for the periods indicated.

  • The Audited Financial Statements shall be prepared from and in accordance with the books and records of the Company.

  • The Audited Financial Statements have been prepared in accordance with GAAP applied on a consistent basis throughout the period involved.

  • The Audited Financial Statements were prepared in accordance with GAAP consistently applied throughout the period covered thereby, except as otherwise expressly noted therein, and fairly present in all material respects the financial condition of the Borrower and its Subsidiaries as of the date thereof and their results of operations and cash flows for the period covered thereby in accordance with GAAP consistently applied throughout the period covered thereby, except as otherwise expressly noted therein.

  • The contracting officer shall promptly approve a previously disapproved purchasing system and notify the contractor when the contracting officer determines that there are no remaining significant deficiencies.

  • The Audited Financial Statements have been examined by the Auditors whose report thereon is attached to such financial statements.

  • The Audited Financial Statements have been prepared in accordance with generally accepted accounting principles consistently followed by the Company throughout the periods indicated.


More Definitions of The Audited Financial Statements

The Audited Financial Statements. (a) present fairly the financial position of the Seller at the dates thereof and the results of its operations and the changes in its financial positions for the periods then ended; and (b) have been prepared in conformity with generally accepted accounting principles consistently applied. The Internal Financial Statements present fairly the financial position of the Seller at the date thereof and the results of its operations. All inventory reflected in the Financial Statements is saleable in the ordinary course of business at usual and customary prices, subject to normal returns and markdowns consistent with the Seller's past practice and experience. The books of account and other financial records of the Seller are in good order and have been properly maintained in all material respects.
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The Audited Financial Statements. (i) accurately reflect the books and records of VSDD; (ii) have been prepared in accordance with GAAP; and (iii) are complete and correct and fairly represent, in each case in all material respects, the financial condition and results of operations of VSDD as of the dates and for the periods indicated thereon.
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The Audited Financial Statements and the Adjusted Audited Balance Sheet shall be accompanied by an unqualified opinion of ITTI's Accountants that they have audited such financial statements in accordance with GAAP and that such financial statements present 114 106 fairly, in all material respects, the financial condition of the Business and the results of operations and cash flows of the Business as of and for the year ended December 31, 1997, and the Adjusted Audited Net Worth, respectively, in conformity with GAAP, subject, in the case of the Adjusted Audited Balance Sheet, to such limitations and qualifications as are customary for a pro forma balance sheet (it being understood that such "opinion" in the case of the Adjusted Audited Balance Sheet may take the form of a comfort letter), and it being further understood in all cases that such opinion or comfort letter shall not be disclosed to any person (other than Purchaser's legal and financial advisors) for any purpose without the prior written consent of ITTI. Purchaser's Accountants shall be permitted to observe ITTI's Accountants in conducting the audit procedures necessary to prepare the Audited Financial Statements and the Adjusted Audited Balance Sheet and the report of ITTI's Accountants thereon and, in connection therewith, ITTI shall (i) cause ITTI's Accountants, officers, employees and agents to afford Purchaser's Accountants reasonable access to the offices, properties, books and records and employees of ITTI and its Subsidiaries and (ii) furnish Purchaser's Accountants reasonable access to, and copies of, such financial and operating data and other documents and information regarding the assets, properties and goodwill of the Business as Purchaser's Accountants may reasonably request. The costs and expenses of ITTI's Accountants incurred in connection with the audit and preparation of the financial statements pursuant to this Section 6.20 shall be borne by ITTI. The Audited Financial Statements and the Adjusted Audited Balance Sheet shall be subject to the review and dispute resolution procedures of Sections 3.3(c) and (d). 115 107
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Related to The Audited Financial Statements

  • Audited Financial Statements means the audited consolidated balance sheet of the Borrower and its Subsidiaries for the fiscal year ended December 31, 2017, and the related consolidated statements of income or operations, shareholders’ equity and cash flows for such fiscal year of the Borrower and its Subsidiaries, including the notes thereto.

  • Audited financial statement means a financial statement audited by an outside accounting firm.

  • Company Audited Financial Statements means the audited consolidated balance sheet of the Company as of December 31, 1996 and the related statements of income, stockholders' equity and statements of cash flows of the Company and its Subsidiaries for the year ended December 31, 1996.

  • Unaudited Financial Statements has the meaning set forth in Section 3.4(a).

  • Audited Financials means annual audited financial statements prepared in accordance with applicable accounting standards by a reputable, experienced and independent accounting firm, in consultation with NYGB and NYSERDA staff.

  • Interim Financial Statements has the meaning set forth in Section 3.06.

  • Year-End Financial Statements has the meaning set forth in Section 5.5.

  • 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 shareholders’ equity, 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.

  • Annual Financial Statements means the audited unconsolidated and consolidated annual financial statements of the Issuer for any financial year, prepared in accordance with GAAP, such financial statements to include a profit and loss account, balance sheet, cash flow statement and report of the board of directors.

  • Financial Statements has the meaning set forth in Section 3.4(a).

  • Parent Financial Statements shall have the meaning assigned to it in Section 3.8 hereof.

  • Initial Financial Statements means (a) the audited annual Consolidated financial statements of Borrower dated as of December 31, 2009, and (b) the unaudited quarterly Consolidated financial statements of Borrower dated as of March 31, 2010.

  • Historical Financial Statements means as of the Third Restatement Date, (i) the audited consolidated financial statements of Borrower and its Subsidiaries, for the immediately preceding three Fiscal Years ended more than 90 days prior to the Third Restatement Date, consisting of consolidated balance sheets and the related consolidated statements of income, stockholders’ equity and cash flows for such Fiscal Years, and (ii) the unaudited consolidated financial statements of Borrower and its Subsidiaries as of the most recent ended Fiscal Quarter after the date of the most recent audited consolidated financial statements and ended at least 45 days prior to the Third Restatement Date, consisting of a consolidated balance sheet and the related consolidated statements of income and cash flows for the three-, six- or nine-month period, as applicable, ending on such date, and, in each case, certified by the chief financial officer of Borrower that they fairly present, in all material respects, the financial condition of Borrower and its Subsidiaries, respectively, as at the dates indicated and the results of their operations and their cash flows for the periods indicated, subject to changes resulting from audit and normal year end adjustments and the absence of footnotes in the case of the unaudited consolidated financial statements.

  • Consolidated Financial Statements means, with respect to any Person, collectively, the consolidated financial statements and notes to those financial statements, of that Person and its Consolidated Subsidiaries prepared in accordance with GAAP.

  • Financial Statement has the meaning set forth in Section 4(g) below.

  • Annual Financial Statement is defined in Section 10.1(a).

  • Company Financial Statements has the meaning set forth in Section 3.6(a).

  • Closing Financial Statements has the meaning set forth in Section 6.22.

  • Financial Statements Date shall have the meaning ascribed to it in Section 3.7.

  • Most Recent Financial Statements has the meaning set forth in Section 4(g) below.

  • Audited financial report means and includes those items specified in Section 5 of this regulation.

  • audited when used in regard to financial statements shall mean an examination of the financial statements by a firm of independent certified public accountants in accordance with generally accepted auditing standards for the purpose of expressing an opinion thereon.

  • Financial Statement Date means December 31, 1999.

  • Pro Forma Financial Statements shall have the meaning set forth in Section 5.5(b) hereof.

  • Monthly Financial Statements is defined in Section 6.2(c).

  • Quarterly Financial Statements means the financial statements delivered pursuant to paragraph (b) of Clause 21.1 (Financial statements).