FINANCIAL STATEMENTS USED TO ESTABLISH THE TERMS OF THE TRANSACTION Sample Clauses

FINANCIAL STATEMENTS USED TO ESTABLISH THE TERMS OF THE TRANSACTION. The financial statements used to establish the terms of the transaction are those of the Contributing Company and the Beneficiary Company for the year ended December 31, 2007, the year-end date of the most recent financial year of each of the companies involved; copies of those statements are provided in Appendix 1 (Contributing Company) and Appendix 2 (Beneficiary Company). The financial statements of the Contributing Company, approved by the Board of Directors at its meeting of February 26, 2008 were approved by the Ordinary Shareholders’ Meeting of May 19, 2008. The financial statements of the Beneficiary Company were approved by its Board of Directors on May 14, 2008 and by the General Shareholders’ Meeting of June 30, 2008. Pursuant to Article R. 236-3 of the French Commercial Code, at least thirty (30) days prior to the date of the General Shareholders’ Meetings called to approve this contribution, the Contributing Company and the Beneficiary Company are required to provide to their shareholders a financial statement prepared in accordance with the same methods and the same presentation as the latest annual report as of August 31, 2008.
Sample 1
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Related to FINANCIAL STATEMENTS USED TO ESTABLISH THE TERMS OF THE TRANSACTION

  • FINANCIAL STATEMENTS TO OWNER The Agent shall render statements of receipts, expenses, and other charges for the Property as requested by the Owner with no more than one (1) statement per month.

  • Submission of Audits and Financial Statements A. Audits Due the earlier of 30 days after receipt of the independent certified public accountant's report or nine months after the end of the fiscal year, Grantee shall submit electronically one copy of the single audit or program-specific audit to the System Agency via:

  • Details of the transfer The details of the transfer and in particular the special categories of personal data where applicable are specified in Appendix 1 which forms an integral part of the Clauses. Clause 3

  • Financial Statement If Lessor desires to finance, refinance, or sell the Premises or the Building, or any part thereof, Lessee and all Guarantors shall deliver to any potential lender or purchaser designated by Lessor such financial statements of Lessee and such Guarantors as may be reasonably required by such lender or purchaser, including but not limited to Lessee's financial statements for the past three (3) years. All such financial statements shall be received by Lessor and such lender or purchaser in confidence and shall be used only for the purposes herein set forth.

  • Financial Statement Audit If, during its fiscal year, Grantee expends less than $750,000 in Federal Awards, Grantee is subject to the following audit requirements:

  • Audits and Financial Statements A. Audits

  • Accounting Matters Unless otherwise stated, all accounting terms used in this Agreement shall have the meanings attributable thereto under IFRS and all determinations of an accounting nature required to be made hereunder shall be made in a manner consistent with IFRS.

  • Annexes and Footnotes The Annexes and footnotes to this Agreement shall constitute an integral part of this Agreement.

  • Payment of Debt or Delinquency to the State Pursuant to §§2107.008 and 2252.903, Texas Government Code, Contractor agrees any payments owing to Contractor under this Agreement may be applied directly toward any debt or delinquency Contractor owes the State of Texas or any agency of the State of Texas, regardless of when it arises, until paid in full.

  • RIGHT TO AUDIT; SUPPORTING DOCUMENTS; AUTHORITY OF STATE AUDITOR By executing this Agreement, implementing the authority of, and accepting the benefits provided by Chapter 313 of the TEXAS TAX CODE, the Parties agree that this Agreement and their performance pursuant to its terms are subject to review and audit by the State Auditor as if they are parties to a State contract and subject to the provisions of Section 2262.154 of the TEXAS GOVERNMENT CODE and Section 313.010(a) of the TEXAS TAX CODE. The Parties further agree to comply with the following requirements:

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