Financial Statements; Debt. (a) Attached as Section 2.7 (a) of the Company Disclosure Letter are the Company’s audited balance sheet dated as of September 30, 2007, income statement and statement of cash flows for the year then ended and (ii) the Company’s unaudited balance sheet (the "Company Balance Sheet"), statement of cash flows and income statement each dated as of February 21, 2008 (the "Balance Sheet Date") (all such financial statements being collectively referred to herein as the "Company Financial Statements"). The Company Financial Statements (a) are in accordance with the books and records of the Company, (b) fairly present the financial condition of the Company at the date therein indicated and the results of operation for the period therein specified and (c) have been prepared in accordance with US generally accepted accounting principles applied on a consistent basis. (b) The Company have no material debt, liability or obligation of any nature, whether accrued, absolute, contingent or otherwise, and whether due or to become due, that is not reflected or reserved against in the Company Financial Statements in the ordinary course of its business, consistent with past practice and that are not material in amount either individually or collectively.
Appears in 1 contract
Samples: Merger Agreement (Ariel Way Inc)
Financial Statements; Debt. (a) Attached as Section 2.7 (a2.7(a) of the Company Disclosure Letter are the Company’s audited 's unaudited balance sheet dated as of September 30December 31, 20072003, income statement and statement of cash flows for the year then ended and (ii) the Company’s 's unaudited balance sheet (the "Company Balance Sheet"), statement of cash flows and income statement each dated as of February 21May 31, 2008 2004 (the "Balance Sheet Date") (all such financial statements being collectively referred to herein as the "Company Financial Statements"). The Company Financial Statements (a) are in accordance with the books and records of the Company, (b) fairly present the financial condition of the Company at the date therein indicated and the results of operation for the period therein specified and (c) have been prepared in accordance with US United States generally accepted accounting principles applied on a consistent basisbasis ("GAAP").
(b) The Company have has no material debt, liability or obligation of any nature, whether accrued, absolute, contingent or otherwise, and whether due or to become due, that is not reflected or reserved against in the Company Financial Statements in the ordinary course of its business, consistent with past practice and that are not material in amount either individually or collectively.
Appears in 1 contract
Samples: Merger Agreement (Mobilepro Corp)
Financial Statements; Debt. (a) Attached as Section 2.7 (a2.7(a) of the Company Disclosure Letter are the Company’s audited balance sheet dated as of September 30December 31, 20072003, income statement and statement of cash flows for the year then ended and (ii) the Company’s unaudited balance sheet (the "Company Balance Sheet"), statement of cash flows and income statement each dated as of February 21June 30, 2008 2004 (the "Balance Sheet Date") (all such financial statements being collectively referred to herein as the "Company Financial Statements"). The Company Financial Statements (a) are in accordance with the books and records of the Company, (b) fairly present the financial condition of the Company at the date therein indicated and the results of operation for the period therein specified and (c) have been prepared in accordance with US United States generally accepted accounting principles applied on a consistent basisbasis ("GAAP").
(b) The Company have has no material debt, liability or obligation of any nature, whether accrued, absolute, contingent or otherwise, and whether due or to become due, that is not reflected or reserved against in the Company Financial Statements in the ordinary course of its business, consistent with past practice and that are not material in amount either individually or collectively.
Appears in 1 contract
Samples: Merger Agreement (Mobilepro Corp)
Financial Statements; Debt. (a) Attached as Section 2.7 (a2.7(a) of the Company Disclosure Letter are the Company’s audited balance sheet dated as of September 30December 31, 20072003, income statement and statement of cash flows for the year then ended and (ii) the Company’s unaudited balance sheet (the "“Company Balance Sheet"”), statement of cash flows and income statement each dated as of February 21April 30, 2008 2004 (the "“Balance Sheet Date"”) (all such financial statements being collectively referred to herein as the "“Company Financial Statements"”). The Company Financial Statements (a) are in accordance with the books and records of the Company, (b) fairly present the financial condition of the Company at the date therein indicated and the results of operation for the period therein specified and (c) have been prepared in accordance with US United States generally accepted accounting principles applied on a consistent basisbasis (“GAAP”).
(b) The Company have has no material debt, liability or obligation of any nature, whether accrued, absolute, contingent or otherwise, and whether due or to become due, that is not reflected or reserved against in the Company Financial Statements in the ordinary course of its business, consistent with past practice and that are not material in amount either individually or collectively.
Appears in 1 contract
Samples: Merger Agreement (Mobilepro Corp)
Financial Statements; Debt. (a) Attached as Section 2.7 (a2.7(a) of the Company Disclosure Letter are the Company’s audited unaudited balance sheet sheets dated as of September 30December 31, 20072004 and 2003, income statement statements and statement of cash flows for the year years then ended and (ii) the Company’s unaudited balance sheet sheets (the "“Company Balance Sheet"”), statement statements of cash flows and income statement statements each dated as of February 21September 30, 2008 2005 and 2004 (the "“Balance Sheet Date"”) (all such financial statements being collectively referred to herein as the "“Company Financial Statements"”). The Company Financial Statements (a) are in accordance agree with the books and records of the Company, (b) fairly present the financial condition of the Company at the date therein indicated and the results of operation for the period therein specified and (c) have been prepared in accordance with US generally accepted accounting principles applied on a consistent basisGAAP.
(b) The Company have has no material debt, liability or obligation of any nature, whether accrued, absolute, contingent or otherwise, and whether due or to become due, that is not reflected or reserved against in the Company Financial Statements in the ordinary course of its business, consistent with past practice and that are not material in amount either individually or collectively.
Appears in 1 contract
Samples: Merger Agreement (Mobilepro Corp)
Financial Statements; Debt. (a) Attached as Section 2.7 (a2.7(a) of the Company Disclosure Letter are the Company’s audited unaudited balance sheet dated as of September 30, 2007sheet, income statement and statement of cash flows for the year then ended each dated as of April 30, 2004, and (ii) the Company’s unaudited balance sheet (the "“Company Balance Sheet"”), statement of cash flows and income statement each dated as of February 21July 31, 2008 2004 (the "“Balance Sheet Date"”) (all such financial statements being collectively referred to herein as the "“Company Financial Statements"”). The Company Financial Statements (a) are in accordance with the books and records of the Company, (b) fairly present the financial condition of the Company at the date therein indicated and the results of operation for the period therein specified and (c) have been prepared in accordance with US United States generally accepted accounting principles applied on a consistent basisbasis (“GAAP”).
(b) The Company have has no material debt, liability or obligation of any nature, whether accrued, absolute, contingent or otherwise, and whether due or to become due, that is not reflected or reserved against in the Company Financial Statements in the ordinary course of its business, consistent with past practice and that are not material in amount either individually or collectively.
Appears in 1 contract
Samples: Merger Agreement (Mobilepro Corp)
Financial Statements; Debt. (a) Attached as Section 2.7 (a2.6(a) of the Company Disclosure Letter are the Company’s audited balance sheet dated as of September 30December 31, 20072004, income statement and statement of cash flows for the year then ended and (ii) the Company’s unaudited balance sheet (the "“Company Balance Sheet"”), statement of cash flows and income statement each dated as of February 21, 2008 the Closing Date (the "“Closing Balance Sheet Date"”) (all such financial statements being collectively referred to herein as the "“Company Financial Statements"”). The Company Financial Statements (a) are in accordance with the books and records of the Company, (b) fairly present the financial condition of the Company at the date therein indicated and the results of operation for the period therein specified and (c) have been prepared in accordance with US United States generally accepted accounting principles applied on a consistent basisbasis (“GAAP”).
(b) The Company have has no material debt, liability or obligation of any nature, whether accrued, absolute, contingent or otherwise, and whether due or to become due, that is not reflected or reserved against in the Company Financial Statements in the ordinary course of its business, consistent with past practice and that are not material in amount either individually or collectively.
Appears in 1 contract
Samples: Merger Agreement (Mobilepro Corp)