Common use of Financial Statements; Absence of Certain Changes Clause in Contracts

Financial Statements; Absence of Certain Changes. (a) Attached as Schedule 4.6(a) are the following financial statements of the G-P Business: Unaudited Balance Sheet, Statement of Income and Statement of Cash Flows, as of and for (i) the years ended December 31, 1997 and 1998 (the "G-P Annual Financial Statements"); and (ii) the period ended April 30, 1999 (the "G-P April Financial Statements"). (Collectively the financial statements described in this Section 4.6(a) shall be referred to as the "G-P Financial Statements.") (b) Exhibit 3.6(b) sets forth the line items and a definition for each such line item contained in each of the G-P Financial Statements. (c) The G-P Financial Statements are true and correct in all material respects, present fairly the combined financial position and results of operation, divisional equity and cash flows of the G-P Business as of the dates and for the periods presented, and were prepared in accordance with GAAP applied on a basis consistent with past practice of the G-P Business. The G-P Financial Statements reflect the underlying Books and Records of the G-P Business, which are complete and accurate in all material respects. Except as described in the footnotes to the G-P Financial Statements, consistent accounting policies and accrual methods were used in all periods presented. All non-recurring or unusual income or expense items over $500,000, as reflected in the 1998 Statement of Income of G-P, have been disclosed in footnotes to the G-P Financial Statements. (d) Except as described in the notes to the G-P Financial Statements, all accounts receivable reflected on the G-P Financial Statements are bona fide receivables, accounted for in accordance with GAAP (including, without limitation, appropriate reserves), representing amounts due with respect to actual transactions in the operation of the G-P Business; it being understood that this representation shall not be deemed to constitute a warranty or guaranty that all such accounts receivable shall be collected.

Financial Statements; Absence of Certain Changes. (a) Attached as Schedule 4.6(a3.6(a) are the following financial statements of the G-P WISCO Business: Unaudited Balance Sheet, Statement of Income and Statement of Cash Flows, as of and for (i) the years ended December 31, 1997 and 1998 (the "G-P WISCO Annual Financial Statements"); and (ii) the period ended April 30, 1999 (the "G-P WISCO April Financial Statements"). (Collectively the financial statements described in this Section 4.6(a3.6(a) shall be referred to as the "G-P WISCO Financial Statements.") (b) Exhibit 3.6(b) sets forth the line items and a definition for each such line item contained in each of the G-P WISCO Financial Statements. (c) The G-P WISCO Financial Statements are true and correct in all material respects, present fairly the combined financial position and results of operation, divisional equity and cash flows of the G-P WISCO Business as of the dates and for the periods presented, and were prepared in accordance with GAAP applied on a basis consistent with past practice of the G-P WISCO Business. The G-P WISCO Financial Statements reflect the underlying Books and Records of the G-P WISCO Business, which are complete and accurate in all material respects. Except as described in the footnotes to the G-P Financial Statementson Schedule 3.6(c), consistent accounting policies and accrual methods were used in all periods presented. All non-recurring or unusual income or expense items over $500,000, as reflected in the 1998 Statement of Income of G-PWISCO, have been disclosed in footnotes to the G-P WISCO Financial Statements. (d) Except as described in the notes to the G-P WISCO Financial Statements, all accounts receivable reflected on the G-P WISCO Financial Statements are bona fide receivables, accounted for in accordance with GAAP (including, without limitation, appropriate reserves), representing and represent amounts due with respect to actual transactions in the operation of the G-P WISCO Business; it being understood that this representation shall not be deemed to constitute a warranty or guaranty that all such accounts receivable shall be collected.

Financial Statements; Absence of Certain Changes. (a) Attached as Schedule 4.6(a) are the following financial statements of the G-P Business: Unaudited Balance Sheet, Statement of Income and Statement of Cash Flows, as of and for (i) the years ended December 31, 1997 and 1998 (the "G-P Annual Financial Statements"); and (ii) the period ended April 30, 1999 (the "Gthe"G-P April Financial Statements"). (Collectively the financial statements described in this Section 4.6(a) shall be referred to as the "G-P Financial Statements.") (b) Exhibit 3.6(b) sets forth the line items and a definition for each such line item contained in each of the G-P Financial Statements. (c) The G-P Financial Statements are true and correct in all material respects, present fairly the combined financial position and results of operation, divisional equity and cash flows of the G-P Business as of the dates and for the periods presented, and were prepared in accordance with GAAP applied on a basis consistent with past practice of the G-P Business. The G-P Financial Statements reflect the underlying Books and Records of the G-P Business, which are complete and accurate in all material respects. Except as described in the footnotes to the G-P Financial Statements, consistent accounting policies and accrual methods were used in all periods presented. All non-recurring or unusual income or expense items over $500,000, as reflected in the 1998 Statement of Income of G-P, have been disclosed in footnotes to the G-P Financial Statements. (d) Except as described in the notes to the G-P Financial Statements, all accounts receivable reflected on the G-P Financial Statements are bona fide receivables, accounted for in accordance with GAAP (including, without limitation, appropriate reserves), representing amounts due with respect to actual transactions in the operation of the G-P Business; it being understood that this representation shall not be deemed to constitute a warranty or guaranty that all such accounts receivable shall be collected.