Landmark Financial Statements definition

Landmark Financial Statements shall have the meaning set forth in Section 4.8 hereof.

Landmark Financial Statements means (i) the audited balance sheets (including related notes and schedules, if any) of Landmark as of December 31, 2017, 2016 and 2015, and the related statements of income, changes in stockholders’ equity and cash flows (including related notes and schedules, if any) for the years then ended, together with the report thereon of Xxxxxx Xxxxxx Xxxxx LLC, independent certified public accountants, and (ii) the unaudited balance sheets of Landmark (including related notes and schedules, if any) and related statements of income, changes in stockholders’ equity and cash flows (including related notes and schedules, if any) with respect to periods ended subsequent to December 31, 2017.

Landmark Financial Statements has the meaning specified in Section 3.8(a).

Examples of Landmark Financial Statements in a sentence

• The Landmark Financial Statements have been prepared based on the books and records of Landmark in accordance with GAAP and its normal accounting practices, consistent with past practice, and present fairly the financial condition and results of operations of Landmark as of the date and for the periods indicated, subject to normal year-end adjustments.

• Except as disclosed in the notes to the Landmark Financial Statements, the Landmark Financial Statements taken as a whole present fairly in accordance with GAAP, in all material respects, the consolidated financial condition, results of operations and cash flows of Landmark, as of the dates, and for the periods indicated (except for the absence of notes and normal recurring year-end adjustments with respect to the unaudited Landmark Financial Statements).

• Except as set forth on Section 4.20 of the Landmark Disclosure Schedule, the Accounts Receivable all have arisen from bona fide transactions with independent third parties in the ordinary course of Business and were, on the Landmark Financial Statements, subject to adequate reserves in accordance with and based upon Landmark’s past practice.

• Other than the assets of Landmark reflected in the Landmark Financial Statements, Orion and its Subsidiaries together own all of the assets of the "Entertainment Group" as described in Seller's most recent report filed with the Securities and Exchange Commission (the "SEC") on Form 10-K.

• The audited consolidated statements of financial condition, results of operations and cash flows of Landmark as of and for the 12-month periods ended December 31, 2001 and December 31, 2000 and the unaudited consolidated statements of financial condition, results of operations and cash flows of Landmark as of and for the 12-month period ended December 31, 2002 attached hereto as Exhibit 4.8. (collectively, the "Landmark Financial Statements"), were previously provided to Parent.

• Other than the assets of Landmark reflected in ------------------- the Landmark Financial Statements, Orion and its Subsidiaries together own all of the assets of the "Entertainment Group" as described in Seller's most recent report filed with the Securities and Exchange Commission (the "SEC") on Form 10-K.

• Each of the Landmark Financial Statements has been prepared in accordance with GAAP applied on a consistent basis throughout the periods covered thereby (except as otherwise stated in the footnotes or the audit opinion related thereto), and presents fairly, in all material respects, the consolidated financial position and results of operations of Landmark and its consolidated Subsidiaries at and as of the dates stated in such Landmark Financial Statements.

• Fidelity and Landmark shall obtain Landmark Financial Statements and Fidelity Financial Statements that meet the requirements of the Securities Act for use in the Registration Statement.

• Landmark will promptly deliver to NCC copies of all Landmark Financial Statements and Landmark Call Reports prepared subsequent to the date hereof.

• Except as disclosed in the notes to the Landmark Financial Statements, the Landmark Financial Statements taken as a whole present fairly in accordance with GAAP, in all material respects, the consolidated financial condition, results of operations and cash flows of Landmark, as of the dates, and for the periods indicated (except for the absence of notes and normal recurring year-end adjustments with respect to the unaudited Landmark Financial Statements).Section 4.9.