Common use of Examination of Final Financial Statement Clause in Contracts

Examination of Final Financial Statement. The Company shall provide to Purchaser prior to the Closing Date unaudited consolidated balance sheets of the Company for each month and fiscal quarter end between the date of this Agreement and the Closing Date, and unaudited consolidated statements of income, cash flows and retained earnings of the Company for such subsequent months and fiscal quarters. In addition, the Company shall prepare and deliver to Purchaser at Closing the Closing Balance Sheet. Such financial statements, which shall be deemed to be Financial Statements (as defined herein), shall have been prepared in accordance with generally accepted accounting principles applied on a consistent basis throughout the periods indicated (except for the absence of notes and subject to normal year end adjustments). Such financial statements shall present fairly the results of operations of the Subsidiaries for the periods indicated thereon.

Examination of Final Financial Statement. The Company shall provide to Purchaser prior to the Closing Date unaudited consolidated balance sheets of the Company for each month and fiscal quarter end between the date of this Agreement and the Closing Date, and unaudited consolidated statements of income, cash flows and retained earnings of the Company for such subsequent months and fiscal quarters. In addition, the Company shall prepare and deliver to Purchaser at Closing the Closing Balance Sheet. Such financial statements, which shall be deemed to be Financial Statements (as defined herein), shall have been prepared in accordance with generally accepted accounting principles applied on a consistent basis throughout the periods indicated (except for the absence of notes and subject to normal year year-end adjustments). Such financial statements shall present fairly the results of operations of the Subsidiaries for the periods indicated thereon.