2019 Audited Financial Statements Clause Samples
2019 Audited Financial Statements. The Lenders shall have received the audited consolidated balance sheet of the Borrower as of December 31, 2019 and the related consolidated statements of income, changes in shareholders’ equity and cash flows for the period then ended, audited by PricewaterhouseCoopers LLP or other independent certified public accountants of recognized national standing and accompanied by an opinion of such accountants (which opinion shall not be subject to any “going concern” or like qualification or exception or any qualification or exception as to the scope of such audit relating to the material operations of the Borrower).
2019 Audited Financial Statements. The Lenders shall have received the audited consolidated balance sheet of SGC as of December 31, 2019 and the related consolidated statements of income, changes in shareholders’ equity and cash flows for the period then ended, audited by PricewaterhouseCoopers LLP or other independent certified public accountants of recognized national standing and accompanied by an opinion of such accountants (which opinion shall not be subject to any “going concern” or like qualification or exception or any qualification or exception as to the scope of such audit relating to the material operations of SGC).
2019 Audited Financial Statements. Prior to the Closing, Seller shall use commercially reasonable efforts to start the process of preparing for the audit of the Acquired Companies for the fiscal year ended December 31, 2019.