Annual Information. Except during any period when the Company is a Public Company, it will deliver to each Holder as soon as practicable after the end of each fiscal year of the Company, and in any event within 90 days thereafter, one copy of: (i) an audited consolidated balance sheet of the Company and its Subsidiaries as at the end of such year, and (ii) audited consolidated statements of income and retained earnings and cash flow of the Company and its Subsidiaries for such year; setting forth in each case in comparative form the figures for the corresponding periods in the previous fiscal year; all prepared in accordance with GAAP, and which audited financial statements shall be accompanied by (i) an opinion thereon of the independent certified public accountants regularly retained by the Company, or any other firm of independent certified public accountants of recognized national standing selected by the Company and (ii) a report of such independent certified public accountants confirming, or describing the agreed upon procedures applied to the Company's schedules computing, any adjustment, made pursuant to Section 4 during such year. Such report shall include a description of any errors determined by the accountants in the Company's schedules.
Appears in 3 contracts
Samples: Common Stock Purchase Warrant (General Electric Co), Common Stock Purchase Warrant (General Electric Co), Common Stock Purchase Warrant (American Shared Hospital Services)
Annual Information. Except during any period when the Company is a Public Company, it will deliver to each Holder as soon as practicable after the end of each fiscal year of the Company, and in any event within 90 days thereafter, one copy of:
(i) an audited consolidated balance sheet of the Company and its Subsidiaries as at the end of such year, and
(ii) audited consolidated statements of income and retained earnings and cash flow of the Company and its Subsidiaries for such year; setting forth in each case in comparative form the figures for the corresponding periods in the previous fiscal year; all prepared in accordance with GAAP, and which audited financial statements shall be accompanied by (i) an opinion thereon of the independent certified public accountants regularly retained by the Company, or any other firm of independent certified public accountants of recognized national standing selected by the Company and (ii) a report of such independent certified public accountants confirming, or describing the agreed upon procedures applied to the Company's schedules computing, any adjustment, made pursuant to Section 4 during such year. Such report shall include a description of any errors determined by the accountants in the Company's schedules.4
Appears in 1 contract
Samples: Agreement and Amendment (Medical Imaging Centers of America Inc)
