Common use of Annual Information Clause in Contracts

Annual Information. Except following any year at the end of which the Company is a Public Company, the Company shall deliver to each Existing Stockholder as soon as practicable after the end of each fiscal year of the Company, and in any event within 90 days thereafter, a 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, retained earnings and consolidated cash flows of the Company and its subsidiaries for such year; setting forth in each case in comparative form the figures for the previous years. Such statements shall be (i) prepared in accordance with GAAP, consistently applied, (ii) in reasonable detail and (iii) certified by a firm of independent certified public accountants of recognized national standing selected by the Company.

Appears in 2 contracts

Samples: Stockholders Agreement (Therma Wave Inc), Stockholders Agreement (Therma Wave Inc)

AutoNDA by SimpleDocs

Annual Information. Except following any year at the end of which the Company Holdings is a Public Company, the Company it shall deliver to each Existing Stockholder as soon as practicable after the end of each fiscal year of the CompanyHoldings, and in any event within 90 days thereafter, a copy of (i) an audited consolidated balance sheet of the Company Holdings and its subsidiaries as at the end of such year, and (ii) audited consolidated statements of income, retained earnings and consolidated cash flows of the Company Holdings and its subsidiaries for such year; setting forth in each case in comparative form the figures for the previous yearsyear. Such statements shall be (i) prepared in accordance with GAAP, consistently applied, (ii) in reasonable detail and (iii) certified by a firm of independent certified public accountants of recognized national standing selected by the CompanyHoldings.

Appears in 1 contract

Samples: Stockholders Agreement (Dade Behring Inc)

AutoNDA by SimpleDocs

Annual Information. Except following any year at the end of ------------------ which the Company Holdings is a Public Company, the Company it shall deliver to each Existing Stockholder as soon as practicable after the end of each fiscal year of the CompanyHoldings, and in any event within 90 days thereafter, a copy of (i) an audited consolidated balance sheet of the Company Holdings and its subsidiaries as at the end of such year, and (ii) audited consolidated statements of income, retained earnings and consolidated cash flows of the Company Holdings and its subsidiaries for such year; setting forth in each case in comparative form the figures for the previous yearsyear. Such statements shall be (i) prepared in accordance with GAAP, consistently applied, (ii) in reasonable detail and (iii) certified by a firm of independent certified public accountants of recognized national standing selected by the CompanyHoldings.

Appears in 1 contract

Samples: Stockholders Agreement (Dade International Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!