Common use of Management Accounts Clause in Contracts

Management Accounts. The Management Accounts have been carefully prepared in accordance with Accounting Practice in force at the time they were prepared and in accordance with accounting policies consistent with the management accounts produced in the preceding years and with the Audited Accounts. The Management Accounts present with reasonable accuracy the financial condition and the state of affairs of the Company at the date to which they were prepared and over the period to which they relate. The profits assets and liabilities have not been materially misstated in the Management Accounts.

Appears in 2 contracts

Samples: Share Sale and Purchase Agreement (SGS International, Inc.), Share Sale and Purchase Agreement (SGS International, Inc.)

AutoNDA by SimpleDocs

Management Accounts. The Management Accounts have been carefully prepared in accordance with Accounting Practice in force at the time they were prepared and in accordance with accounting policies consistent with those used in preparing the Audited Accounts and on a basis consistent with the management accounts produced prepared in the preceding years and with the Audited Accountsyear. The Management Accounts present with reasonable accuracy the financial condition cumulative profits, assets and the state of affairs liabilities of the Company at stated in the date to which they were prepared and over the period to which they relate. The profits assets and liabilities Management Accounts have not been materially misstated in mis-stated and are not materially inaccurate and the Warrantors do not consider the Management AccountsAccounts misleading.

Appears in 1 contract

Samples: Share Purchase Agreement (Syniverse Holdings LLC)

Management Accounts. The Management Accounts have been carefully prepared on a basis consistent with the Accounts and materially in accordance with Accounting Practice in force at the time they were prepared and in accordance with accounting policies consistent with applied to the management accounts produced in the preceding years Accounts and with the Audited Accounts. The Management Accounts present with provide a reasonable accuracy the financial condition and reflection of the state of affairs of the Company as at the date to which they were prepared and over the period to which they relate. The profits assets and liabilities have not been materially misstated in the Management Accountstheir date.

Appears in 1 contract

Samples: Agreement for the Sale and Purchase of Shares (Geoworks /Ca/)

Management Accounts. The Management Accounts have been carefully prepared in accordance with Accounting Practice in force at the time they were prepared and in accordance with accounting policies consistent with those used in preparing the Accounts and on a basis in all material respects consistent with the management accounts produced prepared in the preceding years and with the Audited Accountsyear. The Management Accounts present with reasonable accuracy the financial condition cumulative profits or losses, assets and the state of affairs liabilities of the Company at stated in the date to which they were prepared and over the period to which they relate. The profits assets and liabilities Management Accounts have not been materially misstated in mis-stated and are not materially inaccurate and no material items have been omitted therefrom and the Warrantors do not consider the Management AccountsAccounts misleading.

Appears in 1 contract

Samples: Share Purchase Agreement (Seachange International Inc)

AutoNDA by SimpleDocs

Management Accounts. The Management Accounts have been carefully prepared in accordance with Accounting Practice in force at the time they were prepared and in accordance with accounting policies consistent with those used in preparing the Audited Accounts and on a basis consistent with the management accounts produced prepared in the preceding years and with the Audited Accountsyear. The Management Accounts present with reasonable accuracy the financial condition and the state of affairs of the Company at the date to which they were prepared and over the period to which they relate. The profits cumulative profits, assets and liabilities of the Business stated in the Management Accounts have not been materially misstated in mis-stated and are not materially inaccurate and the Vendor does not consider the Management AccountsAccounts misleading.

Appears in 1 contract

Samples: Asset Purchase Agreement (Derby Cycle Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!