Latest Financial Statements Sample Clauses
Latest Financial Statements. (i) The Latest Financial Statements:
(A) if audited, give a true and fair view of or, if not audited and subject to a limited review by the Auditors only, fairly present the consolidated financial position of the Borrower as at the date to which they were prepared and the result of operations for the Financial Year or as applicable, semi-annual period then ended; and
(B) were prepared in accordance with Applicable Accounting Principles consistently applied.
Latest Financial Statements. The Company shall have furnished to the Investor the Company's latest audited Profit and Loss Account and Balance Sheet including the latest half yearly audited/unaudited results of the Company.
Latest Financial Statements. 4.05 Lease.......................................................................................... 11.05(c) Licensed-In Intellectual Property Rights....................................................... 4.12(a)(ii) Liens.......................................................................................... 4.04
Latest Financial Statements. 2.5 Liens...........................................................................2.2(c) Loss, Losses....................................................................7.9(d)(v) Loss Payment....................................................................7.11 MBCA............................................................................
Latest Financial Statements. (a) The Company shall deliver to Acquiror true and complete copies of the Group Companies’ most recent unaudited consolidated balance sheet as of the last day of the calendar month immediately preceding the Closing Date, and statements of operations, equity, income and cash flows for the portion of the current fiscal year then ended no later than fifteen (15) days after the end of such month (collectively, the “Latest Financial Statements”). The Company hereby represents and warrants to Acquiror and Merger Sub that the Latest Financial Statements (including any related notes and schedules) shall be prepared in accordance with GAAP, applied on a consistent basis for the period involved, and present fairly in all material respects the financial condition and results of operations and cash flows of the Group Companies (taken as a whole) as of the times and for the periods referred to therein (except as may be indicated in the notes thereto and subject to (x) the absence of footnote disclosures and other presentation items and (y) changes resulting from year-end adjustments which would be immaterial, individually or in the aggregate, to the Group Companies as a whole). The Company further represents and warrants to Acquiror and Merger Sub that the Latest Financial Statements when delivered will be prepared from, and in accordance with, the books and records of the Group Companies, which books and records shall be complete and correct in all material respects and be regularly kept and maintained in accordance with the Group Companies’ normal and customary practices and in accordance with Law.
(b) The Company hereby represents and warrants to Acquiror and Merger Sub that the accounts receivable and other receivables reflected on the Latest Financial Statements when delivered will (i) represent valid obligations arising from sales actually made or services performed in the ordinary course of business, (ii) be calculated in accordance with GAAP, (iii) be to the Company’s Knowledge, current and collectible, net of respective reserves set forth in the corresponding line items of the Latest Financial Statements as of the dates thereof, (iv) have arisen from bona fide transactions in the ordinary course of business, (v) not be subject to valid counterclaims or setoffs other than adjustments and modifications in the ordinary course of business of the Group Companies, consistent with past practice, and (vi) have not been factored or sold.
(c) The Company hereby represen...