Common use of FINANCIAL CONDITION OF THE PROPERTY Clause in Contracts

FINANCIAL CONDITION OF THE PROPERTY. The income statements for the Property previously provided to Purchaser fairly present in all material respects the results of operations and corresponding income or losses for the Property in the three (3) year period ended December 31, 2004, in accordance with generally accepted accounting principles in the United States. Except as set forth on Schedule 7.1 (m) attached hereto, there has been no material adverse change since December 31, 2004, financial or otherwise, in the financial condition of the Property.

Appears in 9 contracts

Samples: Purchase and Sale Agreement (Midlantic Office Trust, Inc.), Purchase and Sale Agreement (Midlantic Office Trust, Inc.), Purchase and Sale Agreement (Midlantic Office Trust, Inc.)

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FINANCIAL CONDITION OF THE PROPERTY. The income statements for the Property previously provided to Purchaser fairly present in all material respects the results of operations and corresponding income or losses for the Property in for the three (3) year period ended December 31, 2004, in accordance with generally accepted accounting principles in the United States. Except as set forth on Schedule 7.1 (m7.1(l) attached hereto, there has been no material adverse change since December 31, 2004, financial or otherwise, in the financial condition of the Property.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Midlantic Office Trust, Inc.), Purchase and Sale Agreement (Midlantic Office Trust, Inc.)

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