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 BGS. 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. BGS and BGS Shareholders shall take all action necessary to provide EFactor with Form 10 information about 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 BGSGC. 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. BGS GC and BGS GC Shareholders shall take all action necessary to provide EFactor with Form 10 information about BGS 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 seventy one (71) days following the Closing. The parties acknowledge that such Form 8-K must provide Form 10 information about BGSMD. 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. BGS MD and BGS MD Shareholders shall take all action necessary to provide EFactor with Form 10 information about BGS 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 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 BGSRDA. 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. BGS RDA and BGS RDA Shareholders shall take all action necessary to provide EFactor with Form 10 information about BGS RDA and to cause such required financial statements to be filed within the required time period.