The Financial Statements. (i) are in accordance with the books and records of INT'X.xxx; (ii) present fairly, in all material respects, the financial position of INT'X.xxx as of the date indicated and the results of its operations and cash flows for such periods; and (iii) have been prepared in accordance with generally accepted accounting principles consistently applied (subject, in the case of unaudited statements, to the absence of footnote disclosure and in the case of unaudited interim statements to year-end adjustments, which will not be material either individually or in the aggregate and except as described in the Section 3.6 of the INT'X.xxx Disclosure Schedule). As of the Balance Sheet Date, there were no material liabilities, claims or obligations of any nature, whether accrued, absolute, contingent, anticipated or otherwise, whether due or to become due, that are not shown or provided for either in the Balance Sheets or Section 3.6 of the INT'X.xxx Disclosure Schedule, and since the Balance Sheet Date, INT'X.xxx has incurred no liabilities, claims or obligations of any nature, whether accrued, absolute, contingent, anticipated or otherwise other than in the ordinary course of business and except for liabilities incurred by INT'X.xxx in connection with the preparation and execution of this Agreement and the consummation of the transactions contemplated herein.
The Financial Statements. (i) were prepared in accordance with the books and records of the Company; (ii) are true, correct, complete and fairly present the financial condition of the Company at the respective dates therein indicated and the results of operations for the respective periods therein specified; (iii) have been prepared in accordance with Agreed Accounting Principles applied on a consistent basis; and (iv) are certified by the Chief Finax xxxl Officer of the Company as fairly presenting, in all material respects, the financial position of the Company.
The Financial Statements. (i) present fairly in all material respects the financial condition, results of operations, and cash flows of the business of each of the Acquired Companies as of the dates thereof or for the periods covered thereby; (ii) were prepared in accordance with GAAP applied on a basis consistent with the past practices of the Acquired Companies, as applicable, except as set forth on the Disclosure Schedule; (iii) were prepared in accordance with the books of account and other financial records of the Acquired Companies, as applicable; and (iv) include all adjustments (consisting only of normal recurring accruals) that are necessary for a fair presentation, in all material respects, of the financial condition of each such business and the results of the operations, and cash flows thereof as of the dates thereof or for the periods covered thereby. The Acquired Assets are reflected in the Financial Statements of the Acquired Companies.
Examples of The Financial Statements in a sentence
The 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 Financial Statements have been prepared on a going concern basis.
The Financial Statements fairly present in all material respects the financial condition and operating results of the Company as of the dates, and for the periods, indicated therein, subject in the case of the unaudited Financial Statements to normal year-end audit adjustments.
The Financial Statements of subsidiaries are included in the Consolidated Financial Statements from the date that control commences until the date that control ceases.
The Financial Statements fairly present, in all material respects, the financial condition and operating results of the Company as of the dates, and for the periods, indicated therein, subject in the case of unaudited Financial Statements to normal year-end audit adjustments.
More Definitions of The Financial Statements
The Financial Statements. (i) are in accordance with the books and records of the Seller; (ii) fairly represent the financial condition of the Seller at such date and the results of its operations for the periods specified; (iii) were prepared on a basis consistent with prior accounting periods; (iv) with respect to all contracts and commitments of the Seller, reflect adequate reserves for all reasonably anticipated losses and costs in excess of anticipated income; and (v) with respect to the Balance Sheets, disclose all of the debts, liabilities and obligations of any nature (whether absolute, accrued, contingent, or otherwise) of the Seller at the Last Balance Sheet Date and include the appropriate reserves for all taxes and other accrued liabilities, except that certain contingent liabilities, if not disclosed on the Balance Sheets, shall be considered to be disclosed pursuant to this subsection, if disclosed on an Exhibit to this Agreement. The Seller covenants and agrees to deliver to Buyer, post-Closing, the balance sheet of the Seller and the related statement of income for the month ended August 31, 2007, promptly following completion of such financial statements by Seller but in no event later than September 30, 2007.
The Financial Statements. (i) are consistent in all material respects with the books and records of the Company; (ii) have been prepared in accordance with GAAP on a basis consistent with that of the preceding accounting periods; (iii) reflect and provide adequate reserves and disclosures in respect of all Liabilities of the Company, including all contingent liabilities, as of the respective dates of the Financial Statements, and (iv) present fairly in all material respects the financial position of the Company at such dates and the results of operations and cash flows of the Company for the periods then ended, except that the Stub Financials do not reflect the impact of normal recurring year-end adjustments, which adjustments would not have a material impact on the financial results reflected in the Stub Financials. Buyer has reviewed all documents and consulted with the appropriate professionals regarding such information and acknowledges that they understand the financial information set forth therein
The Financial Statements. (a) have been prepared in accordance with GAAP (except for the absence of footnotes in the Interim Financial Statements and as set forth on SCHEDULE 2.7.1) and (b) present fairly the financial position of each Company as of their respective dates and the results of operations for the periods indicated in accordance with GAAP. There is no information and there are no disclosures as of December 31, 1998, July 31, 1999 or the Closing Date which normally would be included in footnotes to audited financial statements that are not disclosed in the Schedules to this Agreement.
The Financial Statements. (i) present fairly in all material respects the financial position of Practice Group and the Practice as of the dates indicated and present fairly in all material respects the results of Practice Group's operations for the periods then ended in accordance with the federal income tax basis of accounting (cash method) and (ii) are in accordance with the books and records of the Practice Group, as the case may be, which have been properly maintained and are complete and correct in all material respects.
The Financial Statements. (i) are consistent in all material respects with the books and records of the Companies; (ii) have been prepared in accordance with GAAP on a basis consistent with that of the preceding accounting periods, except that the Companies' inventory has been valued using a methodology which has been disclosed to and accepted by the Buyer intended to reflect the fair market value thereof. It is expressly understood, agreed and accepted by Buyer that Seller makes no representation or warranty whatsoever that the methodology employed for the valuation of such inventory complies or is in accordance with GAAP.; (iii) reflect and provide adequate reserves and disclosures in respect of all liabilities of the Companies, including all contingent liabilities, as of the respective dates of the Financial Statements, except that no contingency has been established for changes that would result from changes in the valuation of the Companies' inventory; and (iv) present fairly in all material respects the financial position of the Companies at such dates and the results of operations and cash flows of the Companies for the periods then ended, except that the Stub Financials do not reflect the impact of normal recurring year-end adjustments, which adjustments would not have a material impact on the financial results reflected in the Stub Financials. Except as set forth on Schedule 4.9 and as may be disclosed in the Financial Statements, the books of account and other financial and corporate records of each of the Companies are in all material respects complete, correct and up to date, with all necessary signatures.
The Financial Statements. (a) are in accordance with the books and records of Versant Europe; (b) fairly present the financial condition of Versant Europe at the respective dates therein indicated and the results of operations for the respective periods therein specified; and (c) in the case of the Audited Financial Statements only, have been prepared in accordance with United States generally accepted accounting principles applied on a consistent basis. Versant Europe has no debt, liability or obligation of any nature, whether accrued, absolute, contingent or otherwise, and whether due or to become due, that is not reflected, reserved against or disclosed in the Financial Statements, except for those obligations that have been incurred after the Balance Sheet Date either in the ordinary course of its business, consistent with past practice, or that are not material (i.e., exceed 10,000 DM), individually or in the aggregate. Versant Europe has not entered into any transaction with Deutsche Telekom that would impair or affect the value of the license that Versant Europe purchased from Versant for resale to Deutsche Telekom, which license is listed as an asset on the Financial Statements, and Versant Europe and ISAR are not aware of any facts or circumstances that would impair the value of such asset or would require a reserve to be taken against such asset.
The Financial Statements. (a) present fairly in all material respects the financial position of each of the Companies as of the dates thereof, and the results of its operations for the periods covered thereby and (b) have been prepared in accordance with generally accepted accounting principles in the United Kingdom consistently applied throughout the periods covered thereby ("GAAP"), except as otherwise specified therein. All references in this Agreement to the "Balance Sheet" shall mean that balance sheet of each of the Companies as of August 31, 2000 included in the Financial Statements and all references to the "Balance Sheet Date" shall mean August 31, 2000.