Historical Financial Information definition

Historical Financial Information has the meaning set forth in Section 5.6(a).

Historical Financial Information means to the extent related to the Acquired Assets, (i) monthly production and accounting lease operating statements for (x) the fiscal year ended December 31, 2012 and December 31, 2013 and (y) the fiscal period ended June 30, 2014 and (ii) the 2013 capital budget (including overhead). Such information need not be prepared in compliance with GAAP or Regulation S-X of the Securities Act of 1933, as amended, or include adjustments for recapitalization or purchase accounting (including adjustments of the type contemplated by Financial Accounting Standards Board Accounting Standards Codification 805, Business Combinations (formerly SFAS 141R)).

Historical Financial Information is defined in Section 4.5(a).

Examples of Historical Financial Information in a sentence

• We conducted our engagement in accordance with Hong Kong Standard on Assurance Engagements 3000 (Revised) Assurance Engagements Other Than Audits or Reviews of Historical Financial Information issued by the HKICPA.

• We conducted our work in accordance with Hong Kong Standard on Assurance Engagements 3000 (Revised), Assurance Engagements Other Than Audits or Reviews of Historical Financial Information issued by the HKICPA.

• Inventory is carried at the lower of cost or market on a first in, first out basis and is properly stated in the Historical Financial Information.

• The financial statements included in the Historical Financial Information have been prepared in accordance with GAAP, applied on a consistent basis throughout the periods indicated provided that the unaudited statements are not footnoted and are subject to customary year end adjustments, and Seller has not changed any accounting policy or methodology throughout all periods presented that applied only to Seller.

• Sellers have established adequate reserves to cover any potential reimbursement obligations that Sellers may have in respect of such Cost Reports, and such reserves are accurately set forth in the Historical Financial Information.

More Definitions of Historical Financial Information

Historical Financial Information shall have the meaning ascribed to it in Section 3.5.

Historical Financial Information means the consolidated financial information for RMG and its

Historical Financial Information. Northstar has spent over CDN$1,850,000to complete the development and commercialization of the NETMIND system. Northstar has received CDN$458,309 in Scientific Research and Experimental Development refunds from Revenue Canada. Funding support from the major shareholder and private investors total approximately CDN$1,565,500 in the form of share purchases or loans. The federal government of Canada has provided support totaling approximately CDN$600,000 in the form of research grants and interest-free loans through the National Research Council and the Atlantic Canada Opportunities Agency. Northstar's wholesale revenues were CDN$272,631 for year ending March 31, 1998 and CDN$252,565 for nine months ending December 31, 1998. The gross profit for the year ending March 31, 1998 was 48% and was 48% for the nine months ending December 31, 1998. Expenses totaled CDN$388,000 for the year ended March 31, 1999 and CDN$356,000 for the nine months ended December 31, 1998. Dividends of CDN$42,282 were paid on Northstar's preference shares in 1998. These shares have been fully redeemed or converted to common shares. Northstar's assets as of December 31, 1998 totaled CDN$1,112,490 and its current liabilities totaled CDN$374,425. Long-term debt of CDN$711,774 consists of government interest-free loans and a loan of CDN$240,000 payable to Pathfinder Enterprises Inc., a company controlled by a shareholder of Scientific, with monthly interest payments only to July 2002, secured by a floating charge debenture. There are shareholder loans of CDN$258,709 with no fixed terms of repayment. Northstar has an accumulated deficit of CDN$854,871 as of December 31, 1998.

Historical Financial Information shall have the meaning specified in Section 7.7(a).

Historical Financial Information has the meaning set forth in Section 8.5(a)(i).

Historical Financial Information means the financial information that is required to be filed by The Marcus Corporation with the Securities and Exchange Commission pursuant to Item 9.01 of the Current Report on Form 8-K as contemplated by the Exchange Act.

Historical Financial Information means the audited carve-out balance sheets of the Contributed Assets as of December 31, 2009 and 2010 and the related carve-out statements of operations, parent net investment and cash flows for each of the three years in the period ended December 31, 2010 and the unaudited carve-out balance sheet of the Contributed Assets as of September 30, 2011, the related unaudited carve-out statements of operations and cash flows for the nine-months ended September 30, 2010, and the related unaudited carve-out statements of parent net investment for the nine-months ended September 30, 2011.