Common use of Post-Closing Financial Statements Clause in Contracts

Post-Closing Financial Statements. The parties acknowledge that EFactor is required to file with the SEC a Form 8-K within seventy one (71) days following the Closing. The parties acknowledge that such Form 8-K must provide Form 10 information about GC. The parties further acknowledge that the financial statements of EFactor required by Regulation of S-X, as adopted by the SEC, together with proforma financial statements, must be filed with such Form 8-K. GC and GC Shareholders shall take all action necessary to provide EFactor with Form 10 information about GC and to cause such required financial statements to be filed within the required time period.

Post-Closing Financial Statements. The parties acknowledge that EFactor is required to file with the SEC a Form 8-K within 4 days and further audited financials within seventy one (71) days following the Closing. The parties acknowledge that such Form 8-K must provide Form 10 information about GCRDA. The parties further acknowledge that the financial statements of EFactor required by Regulation of S-X, as adopted by the SEC, together with proforma financial statements, must be filed with such Form 8-K. GC RDA and GC RDA Shareholders shall take all action necessary to provide EFactor with Form 10 information about GC RDA and to cause such required financial statements to be filed within the required time period.

Post-Closing Financial Statements. The parties acknowledge that EFactor is required to file with the SEC a Form 8-K within seventy one (71) days following the Closing. The parties acknowledge that such Form 8-K must provide Form 10 information about GCMD. The parties further acknowledge that the financial statements of EFactor required by Regulation of S-X, as adopted by the SEC, together with proforma financial statements, must be filed with such Form 8-K. GC MD and GC MD Shareholders shall take all action necessary to provide EFactor with Form 10 information about GC MD and to cause such required financial statements to be filed within the required time period.

Post-Closing Financial Statements. The parties acknowledge that EFactor is required to file with the SEC a Form 8-K within seventy one (71) days following the Closing. The parties acknowledge that such Form 8-K must provide Form 10 information about GCBGS. The parties further acknowledge that the financial statements of EFactor required by Regulation of S-X, as adopted by the SEC, together with proforma financial statements, must be filed with such Form 8-K. GC BGS and GC BGS Shareholders shall take all action necessary to provide EFactor with Form 10 information about GC BGS and to cause such required financial statements to be filed within the required time period.

Post-Closing Financial Statements. The parties acknowledge that EFactor is required to file with the SEC a Form 8-K within seventy one (71) days following the Closing. The parties acknowledge that such Form 8-K must provide Form 10 information about GCHT. The parties further acknowledge that the financial statements of EFactor required by Regulation of S-X, as adopted by the SEC, together with proforma financial statements, must be filed with such Form 8-K. GC HT and GC Shareholders HT Shareholder shall take all action necessary to provide EFactor with Form 10 information about GC HT and to cause such required financial statements to be filed within the required time period.