Management Accounts. The Management Accounts:
Management Accounts. To the extent that it owns any Management Account (including any lock-box related thereto), each Guarantor shall comply with Section 5.1 of the Base Indenture with respect to each such Management Account (including any lock-box related thereto).
Management Accounts. The Management Accounts were prepared in accordance with the accounting policies of the Company and the Group utilised for the preparation of management accounts and in a manner consistent with that adopted in the preparation of its management accounts for all periods ended during the twelve months prior to the Last Accounting Date.
Management Accounts. The Management Accounts: have been prepared in accordance with good accounting practice on a basis consistent with that upon which the management accounts of the Company for the period to the Accounts Date were prepared; reasonably reflect the financial affairs of the Company at the date to which they have been prepared and its results for the period covered by the Management Accounts; and are not inaccurate or misleading in any material respect. Events since the Accounts Date Since the Accounts Date as regards the Company: its business has been carried on in the ordinary course and so as to maintain the same as a going concern; it has not acquired or disposed of or agreed to acquire or dispose of any business or any material asset (other than trading stock in the ordinary course of the business carried on by it) or assumed or acquired any material liability (including a contingent liability); no dividend or other distribution (as defined by sections 1000, 1064 and 455, 459, and 460 of the CTA 2010) has been declared, made or paid to its members nor has it repaid any loan capital or other debenture; no change has been made (or agreed to be made) in the emoluments or other terms of employment of any of its employees who are in receipt of remuneration in excess of £20,000 per annum or of any of the directors of the Company nor has it paid any bonus or special remuneration to any such employee or any of its directors; it has not borrowed monies (except in the ordinary course of the business carried on by it or from its bankers under agreed loan facilities); there has not been any [material] deterioration in the financial position or prospects of the Business (whether in consequence of normal trading or otherwise); neither the trading nor the profitability of the Business shows, as regards turnover, the state of order book, expenses and profit margins, any material deterioration or downturn by comparison with the period ended on the Accounts Date; no part of the Business has been affected to a material extent by the loss of any important customer, or of any source of supply or by the cancellation or loss of any order or contract or by any other abnormal factor or event nor so far as the Warrantors are aware are there any circumstances likely to lead thereto; no employee has been dismissed or made redundant nor has the Company taken or omitted to take any action which would entitle any employee to claim that he has been constructively dismissed; and there are n...
Management Accounts. 6.7.1 The Manager shall :
Management Accounts. The Management Accounts have been prepared in accordance with the same accounting principles and practices adopted for the Accounts and show a fair view of the assets and liabilities of the Company as the Management Accounts Date.
Management Accounts. The Management Accounts have been properly prepared with due and diligent care and attention and on a prudent basis in a manner consistent with that adopted in the preparation of the management accounts of the Companies for all periods ending during the 12 month period prior to the Accounts Date. The Management Accounts have been prepared in the ordinary course of the business adopting policies and principles consistently applied throughout the period to which the Management Accounts relate, are not misleading and neither overstate the value of the assets nor understate the liabilities of the Companies and do not overstate the profit of the Companies.
Management Accounts. (a) The Management Accounts have been prepared in accordance with accounting policies consistent with those used in preparing the Last Accounts.
Management Accounts. 9.1 The Management Accounts (a true, complete and accurate copy of which is included in the Disclosure Documents):
Management Accounts. In relation to the Management Accounts:
