Examples of Seller Financial Statements in a sentence
Seller will provide a profit and loss statement for the annual periods ending December 31, 2021, and December 31, 2022 as well as interim statements for the period ending February, 2023 with periodic updates thereof (such unaudited financial statements being herein called "Seller Financial Statements"), together with such other financial information as Buyer shall reasonably request.
To the knowledge of Seller, the Seller Financial Statements do not contain any material inaccuracy and do not suffer from any material omissions in accordance with GAAP.
The books and records of Seller Group used in the preparation of the Seller Financial Statements are true and complete and all books and records of Seller Group have been, and are being, maintained in all material respects in accordance with applicable Legal Requirements and accounting requirements and the Seller Financial Statements are consistent with such books and records.
The consolidated inventory of Seller set forth in Seller Financial Statements was stated therein in accordance with GAAP applied on a consistent basis throughout the periods indicated (except as may be indicated in the notes thereto) and presents fairly, in all material respects, the consolidated inventory of Seller as of the respective dates thereof.
There has been no material adverse change in the operations of the Property or its prospects since the date of the most recent Seller Financial Statements.