Common use of Examination of Final Financial Statements Clause in Contracts

Examination of Final Financial Statements. To the extent that combined financial statements of the COMPANY and NFLC for any quarter subsequent to December 31, 1997 are required to be included in the Registration Statement, the COMPANY shall provide, and URSI shall have had sufficient time to review, the unaudited combined balance sheet and statements of income, cash flows and retained earnings of the COMPANY and NFLC as of the end of such quarter, disclosing no Material Adverse Change in the combined financial condition or results of operations of the COMPANY and NFLC. Such financial statements, which shall be deemed to be Financial Statements (as described in Section 5.9), shall have been prepared in accordance with generally accepted accounting principles applied on a consistent basis throughout the periods indicated (except as noted therein). To the extent such Financial Statements shall be included or reflected in the Registration Statement, any events or circumstances reflected therein which might constitute a Material Adverse Effect with respect to the COMPANY and NFLC shall be deemed to have been waived by URSI and URSI shall have no rights in respect of such Material Adverse Effect.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (United Road Service Inc)

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Examination of Final Financial Statements. To the extent that combined financial statements of the COMPANY and NFLC CAWI for any quarter subsequent to December 31, 1997 are required to be included in the Registration Statement, the COMPANY shall provide, and URSI shall have had sufficient time to review, the unaudited combined balance sheet and statements of income, cash flows and retained earnings of the COMPANY and NFLC CAWI as of the end of such quarter, disclosing no Material Adverse Change in the combined financial condition or results of operations of the COMPANY and NFLCCAWI. Such financial statements, which shall be deemed to be Financial Statements (as described in Section 5.9), shall have been prepared in accordance with generally accepted accounting principles applied on a consistent basis throughout the periods indicated (except as noted therein). To the extent such Financial Statements shall be included or reflected in the Registration Statement, any events or circumstances reflected therein which might constitute a Material Adverse Effect with respect to the COMPANY and NFLC CAWI shall be deemed to have been waived by URSI and URSI shall have no rights in respect of such Material Adverse Effect.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (United Road Service Inc)

Examination of Final Financial Statements. To the extent that combined financial statements of the COMPANY and NFLC NATI for any quarter subsequent to December 31, 1997 are required to be included in the Registration Statement, the COMPANY shall provide, and URSI shall have had sufficient time to review, the unaudited combined balance sheet and statements of income, cash flows and retained earnings of the COMPANY and NFLC NATI as of the end of such quarter, disclosing no Material Adverse Change in the combined financial condition or results of operations of the COMPANY and NFLCNATI. Such financial statements, which shall be deemed to be Financial Statements (as described in Section 5.9), shall have been prepared in accordance with generally accepted accounting principles applied on a consistent basis throughout the periods indicated (except as noted therein). To the extent such Financial Statements shall be included or reflected in the Registration Statement, any events or circumstances reflected therein which might constitute a Material Adverse Effect with respect to the COMPANY and NFLC NATI shall be deemed to have been waived by URSI and URSI shall have no rights in respect of such Material Adverse Effect.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (United Road Service Inc)

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Examination of Final Financial Statements. To the extent that combined financial statements of the COMPANY and NFLC CABI for any quarter subsequent to December 31, 1997 are required to be included in the Registration Statement, the COMPANY shall provide, and URSI shall have had sufficient time to review, the unaudited combined balance sheet and statements of income, cash flows and retained earnings of the COMPANY and NFLC CABI as of the end of such quarter, disclosing no Material Adverse Change in the combined financial condition or results of operations of the COMPANY and NFLCCABI. Such financial statements, which shall be deemed to be Financial Statements (as described in Section 5.9), shall have been prepared in accordance with generally accepted accounting principles applied on a consistent basis throughout the periods indicated (except as noted therein). To the extent such Financial Statements shall be included or reflected in the Registration Statement, any events or circumstances reflected therein which might constitute a Material Adverse Effect with respect to the COMPANY and NFLC CABI shall be deemed to have been waived by URSI and URSI shall have no rights in respect of such Material Adverse Effect.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (United Road Service Inc)

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