Examples of Prior Financial Statements in a sentence
Each of the Prior Financial Statements (i) was prepared in accordance with United States generally accepted accounting principles (“GAAP”) applied on a consistent basis throughout the periods indicated and (ii) fairly presents, in all material respects, the financial position, results of operations and cash flows of the Company as at the date thereof and for the period indicated therein, except, in each case, as otherwise noted therein and subject to the absence of notes.
The Company shall have delivered, or shall have caused to be delivered, to Buyer the Prior Financial Statements and the Current Financial Statements.
The Borrower has asked the Required Lenders to waive any Default or Event of Default that exists or would otherwise result from a misrepresentation with respect to Sections 6.05(a)(i), (ii) and 6.05(d) arising from such restatement of the Prior Financial Statements.
The Shareholders have previously delivered to the Buyer the unaudited balance sheet of each of SHRG and SAS as of December 31, 2000 and December 31, 1999 and the related statements of income, shareholders' equity, retained earnings and changes in financial condition of each of SHRG and SAS for the years then ended (collectively, the "Prior Financial Statements").
The Prior Financial Statements have been prepared in a manner consistent with the historical accounting practices of The Procter & Gxxxxx Company with respect to the Cream Suds Business and the Joy Business.