Financial and Tax Representations. (a) The Company has, and the Company will have at the Closing Date, positive working capital and sufficient funds on hand to satisfy obligations as they become due.
Financial and Tax Representations. (a) To the knowledge of the Vendor and subject to Section 4.3 hereof, the Financial Statements are true and correct in every material respect and present fairly the assets, liabilities and financial position of the Company as at December 31, 2002 and the results of operations to that date and there has been no material change to those Financial Statements between the period January 1, 2003 and the date hereof.
Financial and Tax Representations. (a) Other than as disclosed in the financial statements of the Company dated August 31, 2004 (a copy of which is attached as Schedule 4 to this Agreement) and other than liabilities incurred in the normal course of the Business since August 31, 2004, there are no liabilities, contingent or otherwise, of the Company which have not been disclosed to the Purchasers and the Company has not guaranteed, or agreed to guarantee, any debt, liability or other obligation of any person, firm or corporation. There are no liabilities of any other party capable of creating a lien, claim, encumbrance or charge on any of the assets of the Company.
Financial and Tax Representations. 17 3.3 POST STATEMENT DATE REPRESENTATIONS...............................20 3.4
Financial and Tax Representations. The Vendor represents and warrants that:
Financial and Tax Representations. The Vendors and the Company represent and warrant that:
Financial and Tax Representations. (a) the Financial Statements have been prepared in accordance with Canadian generally accepted accounting principles, consistently applied, are true and correct in every material respect and present fairly the assets, liabilities and financial position of the Company as at May 31, 2003 and the results of its operations to that date, in accordance with generally accepted accounting principles applied on a basis consistent with that of the previous year.
Financial and Tax Representations. (a) Neither BahamasCo or ChileCo has any debts or liabilities, contingent or otherwise.
Financial and Tax Representations. (a) Subject to the next following sentence, the Financial Statements are true and correct in every material respect and present fairly the assets, liabilities and financial position of the Company as at August 15, 2002 and the results of its operations to that date, in accordance with generally accepted accounting principles. Notwithstanding the foregoing, the Vendor makes no representation or warranty, express or implied, concerning the Company’s Tax Pools prior to August 19, 1991 (the date as of which the Vendor acquired control of the Company). The Company’s Tax Pools as of such date were: CDE $226,828; CEE $2,521,226. The Purchaser acknowledges and agrees that it must rely on its own investigation and inquiries with respect to the Company’s Tax Pools as of August 19, 1991.
Financial and Tax Representations. As of the Effective Date, Boliden represents and warrants that:
