Common use of Form of financial statements Clause in Contracts

Form of financial statements. All accounts (audited and unaudited) delivered under Clause 11.3 will: (a) be prepared in accordance with GAAP; (b) when required to be audited, be audited by the auditors which are the Guarantor’s auditors at the date of this Guarantee or other auditors approved by the Agent; (c) give a true and fair view of the state of affairs of the Guarantor and its subsidiaries at the date of those accounts and of their profit for the period to which those accounts relate; and (d) fully disclose or provide for all significant liabilities of the Guarantor and its subsidiaries.

Form of financial statements. All accounts (audited and unaudited) delivered under Clause 11.3 11.6 will: (a) be prepared in accordance with GAAPall applicable laws and US GAAP consistently applied; (b) when required to be auditedin the case of the annual audited accounts of the Corporate Guarantor, be audited by the auditors which are the Guarantor’s auditors at the date of this Guarantee or other auditors approved by the Agentan internationally renowned accounting firm whose report shall not include any material qualifications; (c) give a true and fair view of the state of affairs of the Guarantor and its subsidiaries relevant person at the date of those accounts and of their its profit for the period to which those accounts relate; and (d) fully disclose or provide for all significant liabilities of the Guarantor and its subsidiariesCorporate Guarantor.