Examples of UHT Financial Statements in a sentence
No dividends or other distributions on any shares in the capital of UHT have been made, declared or authorized since the date of the UHT Financial Statements.
Without limiting the generality of the foregoing, all accounts payable and liabilities of UHT as of September 30, 2010, 2010 and 2009 are described in the UHT Financial Statements.
UHT and the UHT Shareholders hereby jointly and severally represent and warrant in all material respects to Home Touch, with the intent that it will rely thereon in entering into this Agreement and in approving and completing the transactions contemplated hereby, that the following representations and warranties are true, complete and accurate in all material respects except as otherwise disclosed in the UHT Financial Statements.
No payments of any kind have been made or authorized since the date of the UHT Financial Statements to or on behalf of the UHT Shareholders or to or on behalf of officers, directors, shareholders or employees of UHT or under any management agreements with UHT, except payments made in the ordinary course of business and at the regular rates of salary or other remuneration payable to them.
The UHT Financial Statements present fairly, in all material respects, the assets and liabilities (whether accrued, absolute, contingent or otherwise) of UHT as of the date thereof, and the sales and earnings of the UHT Business during the periods covered thereby, in all material respects, and have been prepared in substantial accordance with generally accepted accounting principles consistently applied.
Since the date of the UHT Financial Statements, the UHT Business has been carried on in the ordinary course and UHT has not entered into any material agreement or commitment except in the ordinary course.
Without limiting the generality of the foregoing, all accounts receivable of UHT as of September 30, 2010, 2009 and 2008are described in the UHT Financial Statements.
The Credit Union mitigates its lending credit risk exposure by defining its target market area, limiting the principal amount of credit to a borrower at any given time, providing credit analysis prior to approval of the loan, obtaining collateral when appropriate, and employing risk based pricing.