Common use of Current Financial Status Clause in Contracts

Current Financial Status. All of the periodic and current financial statements filed with all of Isodiol’s securities regulatory bodies present fairly the financial condition of Isodiol, at the periods indicated therein, and the results of its operations and changes in financial position for the year and periods then ended in conformity with generally accepted accounting principles applied on a consistent basis. Isodiol has no material liabilities or commitments other than as listed or noted on the aforesaid financial statements, or as incurred in the ordinary course of business. As of the Effective Date of this Agreement, there has been no material adverse change in the assets or liabilities or in the business or condition, financial or otherwise, of Isodiol, except in the ordinary course of business or as contemplated by this Agreement, nor has Isodiol, except in the ordinary course of business or as contemplated by this Agreement, incurred any indebtedness for money borrowed. All tax returns and reports of Isodiol required by law to be filed have been duly filed and all taxes, assessments and other governmental charges now due (other than any still payable without penalty) upon Isodiol or upon any of its properties or assets, except as delayed by reasonable extension. All amounts which have been reflected as liabilities on the books of Isodiol in respect of taxes are considered adequate, and Isodiol does not know of any actual or proposed additional assessments in respect of taxes, against it.

Current Financial Status. All of the periodic and current financial statements filed with all of Isodiol’s securities regulatory bodies present fairly the financial condition of Isodiol, at the periods indicated therein, and the results of its operations and changes in financial position for the year and periods then ended in conformity with generally accepted accounting principles applied on a consistent basis. Isodiol has no material liabilities or commitments other than as listed or noted on the aforesaid financial statements, or as incurred in the ordinary course of business. As of the Effective Date of this Agreement, there has been no material adverse change in the assets or liabilities or in the business or condition, financial or otherwise, of Isodiol, except in the ordinary course of business or as contemplated by this Agreement, nor has Isodiol, except in the ordinary course of business or as contemplated by this Agreement, incurred any indebtedness for money borrowed. All tax returns and reports of Isodiol required by law to be filed have been duly filed and all taxes, assessments assessments, and other governmental charges now due (other than any still payable without penalty) upon Isodiol or upon any of its properties or assets, except as delayed by reasonable extension. All amounts which have been reflected as liabilities on the books of Isodiol in respect of taxes are considered adequate, and Isodiol does not know of any actual or proposed additional assessments in respect of taxes, against it.. DocuSign Envelope ID: 1B5D0B13-647D-42C8-A143-9CFB1D54DBD2

Current Financial Status. All of the periodic and current financial statements filed with all of Isodiol’s 's securities regulatory bodies present fairly the financial condition of Isodiol, at the periods indicated therein, and the results of its operations and changes in financial position for the year and periods then ended in conformity with generally accepted accounting principles applied on a consistent basis. Isodiol has no material liabilities or commitments other than as listed or noted on the aforesaid financial statements, or as incurred in the ordinary course of business. As of the Effective Date of this Agreement, there has been no material adverse change in the assets or liabilities or in the business or condition, financial or otherwise, of Isodiol, except in the ordinary course of business or as contemplated by this Agreement, nor has Isodiol, except in the ordinary course of business or as contemplated by this Agreement, incurred any indebtedness for money borrowed. All tax returns and reports of Isodiol required by law to be filed have been duly filed and all taxes, assessments and other governmental charges now due (other than any still payable without penalty) upon Isodiol or upon any of its properties or assets, except as delayed by reasonable extension. All amounts which have been reflected as liabilities on the books of Isodiol in respect of taxes are considered adequate, and Isodiol does not know of any actual or proposed additional assessments in respect of taxes, against it.

Current Financial Status. All of the periodic and current financial statements filed with all of Isodiol’s securities regulatory bodies present fairly the financial condition of Isodiol, at the periods indicated therein, and the results of its operations and changes in financial position for the year and periods then ended in conformity with generally accepted accounting principles applied on a consistent basis. Isodiol has no material liabilities or commitments other than as listed or noted on the aforesaid financial statements, or as incurred in the ordinary course of business. As of the Effective Closing Date of this Agreement, there has been no material adverse change in the assets or liabilities or in the business or condition, financial or otherwise, of Isodiol, except as publicly disclosed, incurred in the ordinary course of business business, or as contemplated by this Agreement, nor has Isodiol, except in the ordinary course of business or as contemplated by this Agreement, incurred any indebtedness for money borrowed. All tax returns and reports of Isodiol required by law to be filed have been duly filed and all taxes, assessments assessments, and other governmental charges now due (other than any still payable without penalty) upon Isodiol or upon any of its properties or assets, except as delayed by reasonable extension. All amounts which have been reflected as liabilities on the books of Isodiol in respect of taxes are considered adequate, and Isodiol does not know of any actual or proposed additional assessments in respect of taxes, against it.