Delivery of Closing Date Financial Statements Sample Clauses

Delivery of Closing Date Financial Statements. (1) Within 60 days of the Closing Date, the Purchaser shall cause the Corporation to prepare the Closing Date Financial Statements as at the Closing Date, including a closing statement setting out the final Working Capital as at the Closing Date all prepared in accordance with IFRS and applied on a basis consistent with past practice (except that, if past practices are inconsistent with IFRS, then IFRS takes precedence).
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Delivery of Closing Date Financial Statements. As soon as reasonably practicable after the Closing Date and in any event not later than 45 days thereafter, the Purchaser, with full cooperation of the Seller, shall cause to be prepared and delivered to the Seller and Idlewood Properties the Closing Date Financial Statements.
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Delivery of Closing Date Financial Statements. (a) As soon as practicable after the Closing Date (but in no event later than 60 days following the Closing Date), the Sellers' Representative will prepare and deliver or cause to be prepared and delivered to the Buyers' Representative combined, combining and consolidating financial statements of Sellers as at the Closing Date and for the period January 1, 1998 through and including the Closing Date, together with an unqualified report on such combined financial statements of Deloitte & Touche LLP ("Deloitte"), including a balance sheet, statements of income and retained earnings and a statement of cash flows (the "Closing Date Financial Statements"). The Closing Date Financial Statements shall be prepared in accordance with GAAP and on a basis consistent with the Sellers' historical audited financial statements.
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Delivery of Closing Date Financial Statements. As soon as reasonably practical after the Closing Date and in any event not later than 60 days following the Closing Date, the Company and the Purchaser's Auditor shall cause to be prepared and delivered to the Shareholders and the Adjustment Escrow Agent, the Closing Date Financial Statements including a statement of the Closing Working Capital. The Parties shall cooperate fully in the preparation of the Closing Date Financial Statements, but for greater certainty, the costs involved in preparing such Closing Date Financial Statements (including the costs to retain the Purchaser's Auditor) shall be borne by the Company. The Shareholders shall be deemed to have accepted the Closing Date Financial Statements if the Shareholders fail to object in the manner and within the time specified in Section 3.14.
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Related to Delivery of Closing Date Financial Statements

  • Financial Statements, Reports, Certificates Deliver to Agent, with copies to each Lender (a) as soon as available, but in any event within 45 days after the end of each month during each of Borrower's fiscal years, a company prepared balance sheet and income statement, in each case, on a consolidated basis, covering Borrower's operations during such period; (b) as soon as available, but in any event within 45 days after the end of each quarter during Borrower's fiscal years, a company prepared balance sheet, income statement, and statement of cash flows, in each case on a consolidated basis, covering Borrower's operations during such period; and (c) as soon as available, but in any event within 90 days after the end of each of Borrower's fiscal years, financial statements of Borrower on a consolidated basis for each such fiscal year, audited by independent certified public accountants reasonably acceptable to Agent and certified, without any qualifications, by such accountants to have been prepared in accordance with GAAP, together with a certificate of such accountants addressed to Agent stating that such accountants do not have knowledge of the existence of any Default or Event of Default. Such audited financial statements shall include a balance sheet, profit and loss statement, and statement of cash flow and, if prepared, such accountants' letter to management. Together with the above, Borrower also shall deliver to Agent, with copies to each Lender, Borrower's Form 10-Q Quarterly Reports, Form 10-K Annual Reports, and Form 8-K Current Reports, and any other filings made by Borrower with the Securities and Exchange Commission, if any, as soon as the same are filed, or any other information that is provided by Borrower to its shareholders, and any other report reasonably requested by the Lender Group relating to the financial condition of Borrower. Each month, together with the financial statements provided pursuant to Section 6.3(a), Borrower shall deliver to Agent, with copies to each Lender a certificate signed by its chief financial officer to the effect that: (i) with respect to financial statements, all financial statements delivered or caused to be delivered to any one or more members of the Lender Group hereunder have been prepared in accordance with GAAP (except, in the case of unaudited financial statements, for the lack of footnotes and being subject to year-end audit adjustments, and in the case of monthly statements for months other than the last month of a fiscal quarter of Borrower, quarter-end adjustments, and provided, further, that, with respect to such monthly statements, such certificate may be qualified by the representation that such financial statements may not be fully in compliance with GAAP but are in the same form as is provided internally by Borrower to the senior management of Borrower) and fairly present the financial condition of Borrower, (ii) the representations and warranties of Borrower contained in this Agreement and the other Loan Documents are true and correct in all material respects on and as of the date of such certificate, as though made on and as of such date (except to the extent that such representations and warranties relate solely to an earlier date), (iii) Borrower is not in default with respect to any of its obligations to any Material Carrier under any Carrier Agreement, or, if Borrower is in such default, specifying the details 51 of each such default, (iv) for each month that also is the date on which a financial covenant in Section 7.20 or 7.21 is to be tested, a Compliance Certificate demonstrating in reasonable detail compliance at the end of such period with the applicable financial covenants contained in Section 7.20 or 7.21, and (v) on the date of delivery of such certificate to Agent there does not exist any condition or event that constitutes a Default or Event of Default (or, in the case of clauses (i), (ii), (iii), or (iv), to the extent of any non-compliance, describing such non-compliance as to which he or she may have knowledge and what action Borrower has taken, is taking, or proposes to take with respect thereto). Borrower shall issue, upon the request of Agent, written instructions to its independent certified public accountants authorizing them to communicate with Agent and to release to Agent such financial information concerning Borrower that Agent reasonably may request. Borrower hereby irrevocably authorizes all auditors, accountants, or other third parties to deliver to Agent, upon Agent's request, at Borrower's expense, copies of Borrower's financial statements, papers related thereto.

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