Common use of Financial Statements; Financial Condition; Undisclosed Liabilities Clause in Contracts

Financial Statements; Financial Condition; Undisclosed Liabilities. (a) The audited consolidated balance sheets of Holdings and its subsidiaries at December 31, 2010, December 31, 2011 and December 31, 2012 and the related consolidated statements of operations, stockholders’ equity and cash flows for the fiscal years of Holdings ended on such dates, in each case furnished to the Lenders prior to the date hereof, present fairly in all material respects the consolidated financial position of Holdings and subsidiaries at the dates of said financial statements and the results of their operations and their cash flows for the respective periods covered thereby. All such financial statements have been prepared in accordance with GAAP consistently applied except to the extent provided in the notes to said financial statements.

Appears in 2 contracts

Samples: Security Agreement (Endeavour International Corp), Intellectual Property Security Agreement (Endeavour International Corp)

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Financial Statements; Financial Condition; Undisclosed Liabilities. (a) The audited consolidated balance sheets of Holdings and its subsidiaries Subsidiaries at December 31, 20102011, December 31, 2011 2012 and December 31, 2012 2013 and the related consolidated statements of operations, stockholders’ equity and cash flows for the fiscal years of Holdings ended on such dates, in each case furnished to the Lenders prior to the date hereof, present fairly in all material respects the consolidated financial position of Holdings and subsidiaries at the dates of said financial statements and the results of their operations and their cash flows for the respective periods covered thereby. All such financial statements have been prepared in accordance with GAAP consistently applied except to the extent provided in the notes to said financial statements.

Appears in 1 contract

Samples: Credit Agreement (Endeavour International Corp)

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Financial Statements; Financial Condition; Undisclosed Liabilities. (a) The audited consolidated balance sheets sheet of Holdings and its subsidiaries at December 31, 20102009, December 31, 2011 2010 and December 31, 2012 2011 and the related consolidated statements of operations, stockholders’ equity income and cash flows and changes in shareholders’ equity of Holdings for the fiscal years of Holdings ended on such dates, in each case furnished to the Lenders prior to the date hereofEffective Date, present fairly in all material respects the consolidated financial position of Holdings and subsidiaries at the dates date of said financial statements and the results of their operations and their cash flows for the respective periods covered thereby. All such financial statements have been prepared in accordance with GAAP consistently applied except to the extent provided in the notes to said financial statements.

Appears in 1 contract

Samples: Credit Agreement (Endeavour International Corp)

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