Common use of Financial Statements and Interim Financial Statements Clause in Contracts

Financial Statements and Interim Financial Statements. (a) Attached as Schedule 4.11(a) are true and complete copies of the unaudited consolidated balance sheets of Seller, as of December 31, 2002 and December 31, 2003 and the related consolidated statements of income for the fiscal years then ended (collectively, the “Financial Statements”). The Financial Statements are in accordance with the books and records of Seller, have been prepared in accordance with generally accepted accounting principles applied on a basis consistent with preceding years and present fairly in all material respects the financial condition of Seller as of the date indicated and the results of the Station’s operations and changes in cash flows for the period then ended; provided, that the Financial Statements do not contain footnotes and lack other presentation items. (b) Attached as Schedule 4.11(b) are true and complete copies of the unaudited consolidated balance sheet of Seller as of June 30, 2004, and the related consolidated statement of income for the six-month period then ended (collectively, the “Interim Financial Statements”). The Interim Financial Statements are in accordance with the books and records of Seller, have been prepared in accordance with generally accepted accounting principles applied on a basis consistent with the Financial Statements and present fairly in all material respects the financial condition of Seller as of the date indicated and the results of the Station’s operations and changes in cash flows for the period then ended; subject, however, to year-end adjustments which, in the aggregate, will not be materially adverse and provided that the Interim Financial Statements do not contain footnotes and lack other presentation items.

Appears in 1 contract

Samples: Asset Purchase Agreement (Mission Broadcasting Inc)

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Financial Statements and Interim Financial Statements. (a) Attached as Schedule 4.11(a) are true and complete copies of the unaudited consolidated balance sheets of SellerSellers, as of December 31, 2002 1999 and December 31, 2003 2000 and the related consolidated statements of income for the fiscal years then ended (collectively, the “Financial Statements”)ended. The Financial Statements are in accordance with the books and records of SellerSellers, have been prepared in accordance with generally accepted accounting principles applied on a basis consistent with preceding years and present fairly in all material respects the financial condition of Seller the Sellers as of the date indicated and the results of the Station’s their operations and changes in cash flows for the period then ended; provided, provided that the Financial Statements do not contain footnotes and lack other presentation items. (b) Attached as Schedule 4.11(b) are true and complete copies of the unaudited consolidated balance sheet of Seller Sellers as of June November 30, 20042001, and the related consolidated statement of income for the six-month and eleven (11) month period then ended (collectively, the “Interim Financial Statements”)ended. The Interim Financial Statements are in accordance with the books and records of SellerSellers, have been prepared in accordance with generally accepted accounting principles applied on a basis consistent with the Financial Statements and present fairly in all material respects the financial condition of Seller Sellers as of the date indicated and the results of the Station’s their operations and changes in cash flows financial position for the period then ended; subject, however, to year-end adjustments which, in the aggregate, will not be materially adverse and provided that the Interim Financial Statements do not contain footnotes and lack other presentation items.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Nexstar Finance Holdings LLC)

Financial Statements and Interim Financial Statements. (a) Attached as Schedule 4.11(a) are true and complete copies of the unaudited audited consolidated balance sheets of Seller, as of December 31June 30, 2002 and December 31, 2003 2001 and the related consolidated statements of income for the fiscal years year then ended (collectively, the “Financial Statements”). The Financial Statements are in accordance with the books and records of Seller, have been prepared in accordance with generally accepted accounting principles applied on a basis consistent with preceding years and present fairly in all material respects the financial condition of Seller as of the date indicated and the results of the Station’s Stations’ operations and changes in cash flows for the period then ended; provided, that the Financial Statements do not contain footnotes and lack other presentation items. (b) Attached as Schedule 4.11(b) are true and complete copies of the unaudited consolidated balance sheet sheets of Seller as of June 30, 20042002 and June 30, 2003, and the related consolidated statement statements of income for the six12-month period periods then ended (collectively, the “Interim Financial Statements”). The Interim Financial Statements are in accordance with the books and records of Seller, have been prepared in accordance with generally accepted accounting principles applied on a basis consistent with the Financial Statements and present fairly in all material respects the financial condition of Seller as of the date indicated and the results of the Station’s Stations’ operations and changes in cash flows for the period then ended; subject, however, to year-end adjustments which, in the aggregate, will not be materially adverse and provided that the Interim Financial Statements do not contain footnotes and lack other presentation items.

Appears in 1 contract

Samples: Purchase Agreement (Nexstar Finance LLC)

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Financial Statements and Interim Financial Statements. (a) Attached as Schedule 4.11(a) are true and complete copies of Seller’s audited Statements of Revenues and Expenses and Supplementary Schedules—Income Tax Basis for the unaudited consolidated balance sheets of Seller, as of years ended December 31, 2002 and December 31, 2003 and the related consolidated statements of income for the fiscal years then ended (collectively, the “Financial Statements”). The Financial Statements are in accordance with the books and records of Seller, have been prepared in accordance with generally accepted accounting principles applied on a basis consistent with preceding years and present fairly in all material respects the financial condition of the Seller as of the date indicated and the results of the Station’s operations and changes in cash flows for the period then ended; provided, that the Financial Statements do not contain footnotes and lack other presentation items. (b) Attached as Schedule 4.11(b) are true and complete copies of the unaudited consolidated balance sheet certain financial statements of Seller as of June April 30, 2004, and the related consolidated statement of income for the six-month period then ended 2004 (collectively, the “Interim Financial Statements”). The Interim Financial Statements are in accordance with the books and records of Seller, have been prepared in accordance with generally accepted accounting principles applied on a basis consistent with the Financial Statements and present fairly in all material respects the financial condition of Seller as of the date indicated and the results of the Station’s operations and changes in cash flows for the period then ended; subject, however, to year-end adjustments which, in the aggregate, will not be materially adverse and provided that the Interim Financial Statements do not contain footnotes and lack other presentation items.

Appears in 1 contract

Samples: Asset Purchase Agreement (Nexstar Broadcasting Inc)

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