Common use of Financial Statements of the Parent Clause in Contracts

Financial Statements of the Parent. The financial statements of the Parent included or incorporated by reference in the Registration Statement present fairly the financial position of the Parent and its consolidated subsidiaries as of the dates shown and their results of operations and cash flows for the periods shown, and, except as disclosed in the Registration Statement, such financial statements have been prepared in conformity with the generally accepted accounting principles in the United States applied on a consistent basis.