Common use of Pro Forma Clause in Contracts

Pro Forma. The Pro Forma delivered on the date hereof and attached hereto as Disclosure Schedule (3.4(b)) was prepared by Borrower giving pro forma effect to the Related Transactions, was based on the unaudited consolidated and consolidating balance sheets of Borrower and its Subsidiaries dated November 30, 2006, fairly presents in all material respects the financial condition of Borrower and its Subsidiaries as of the date hereof and was prepared in accordance with GAAP, with only such adjustments thereto as would be required to allow for proxy revenue and expense recognition.

Pro Forma. The Pro Forma delivered on the date hereof and --------- attached hereto as Disclosure Schedule (3.4(b)) was prepared by Borrower Borrowers giving --------------------------- pro forma effect to the Related Transactions, was based on the unaudited consolidated and consolidating balance sheets of Borrower Borrowers and its their Subsidiaries dated November 30May 31, 20062000, fairly presents in all material respects the financial condition of Borrower and its Subsidiaries as of the date hereof and was prepared in accordance with GAAP, with only and subject to such customary adjustments thereto as would be required to allow for proxy revenue and expense recognitionin accordance with GAAP.

Pro Forma. The Pro Forma delivered on the date hereof and attached hereto as Disclosure Schedule (3.4(b)) was prepared by Borrower Borrowers giving pro forma effect to the Related Transactions, was based on the unaudited audited consolidated and consolidating balance sheets of Borrower and its Subsidiaries the Acquired Business dated November 30December 31, 2006, fairly presents in all material respects the financial condition of Borrower and its Subsidiaries as of the date hereof 2005 and was prepared based upon the same accounting principles as those used in accordance with GAAP, with only such adjustments thereto as would be required to allow for proxy revenue and expense recognitionthe preparation of pro forma financial statements set forth in the final Offering Memorandum in respect of the Senior Unsecured Notes.

Pro Forma. The Pro Forma delivered on the date hereof and attached hereto as Disclosure Schedule (3.4(b)) was prepared by Borrower giving pro forma effect to the Related Transactions, was based on the unaudited consolidated and consolidating balance sheets of Borrower and its Subsidiaries dated November 30January 1, 2006, fairly presents in all material respects the financial condition of Borrower and its Subsidiaries as of the date hereof and was prepared in accordance with GAAP, with only such adjustments thereto as would be required to allow for proxy revenue and expense recognition2008.

Pro Forma. The Pro Forma delivered on the date hereof and attached hereto as Disclosure Schedule (3.4(b)) was prepared by Borrower Borrowers and their Subsidiaries giving pro forma effect to the Related Transactions, was based on the unaudited consolidated and consolidating balance sheets of Borrower Borrowers and its their Subsidiaries dated November 30included in their Disclosure Statement, 2006as approved by the Bankruptcy Court on January 25, fairly presents in all material respects the financial condition of Borrower and its Subsidiaries 2005 (as of the date hereof amended), and was prepared in accordance a manner consistent with GAAP, with only such adjustments thereto as would be required to allow for proxy revenue and expense recognitionBorrowers’ past practice.

Pro Forma. The Pro Forma delivered on the date hereof and attached hereto as Disclosure Schedule (3.4(b)) was prepared by Borrower giving pro forma effect to the Related Transactions, was based on the unaudited consolidated and consolidating balance sheets of Borrower and its Subsidiaries dated November 30July 31, 2006, fairly presents in all material respects the financial condition of Borrower and its Subsidiaries as of the date hereof and was prepared in accordance with GAAP, with only such adjustments thereto as would be required to allow for proxy revenue and expense recognition2010.

Pro Forma. The Pro Forma delivered on the date hereof and attached hereto as Disclosure Schedule (3.4(b)) was prepared by Borrower Innovations giving pro forma effect to the Related Transactions, was based on the unaudited consolidated and consolidating balance sheets sheet of Borrower and its Subsidiaries the Reporting Credit Parties, dated November June 30, 2006, fairly presents in all material respects the financial condition of Borrower and its Subsidiaries as of the date hereof and was prepared in accordance with GAAP, with only such adjustments thereto as would be required to allow for proxy revenue and expense recognition2003.

Pro Forma. The Pro Forma delivered on the date hereof and attached hereto as Disclosure Schedule (3.4(b)) was prepared by Borrower Borrowers and their Subsidiaries giving pro forma effect to the Related Transactions, was based on the unaudited consolidated and consolidating balance sheets of Borrower Borrowers and its their Subsidiaries dated November 30included in their Disclosure Statement, 2006as approved by the Bankruptcy Court on January 25, fairly presents in all material respects the financial condition of Borrower and its Subsidiaries 2005 (as of the date hereof amended), and was prepared in accordance a manner consistent with GAAP, with only such adjustments thereto as would be required to allow for proxy revenue and expense recognitionBorrower’s past practice.

Pro Forma. The Pro Forma delivered on the date hereof and attached hereto as Disclosure Schedule (3.4(b)) was prepared by Borrower Innovations giving pro forma effect to the Related Transactions, Transactions and was based on the unaudited consolidated and consolidating balance sheets of Borrower and its Subsidiaries dated November 30, 2006, fairly presents in all material respects the financial condition of Borrower and its Subsidiaries as sheet of the date hereof Reporting Credit Parties, dated March 31, 2005, and was prepared is in accordance any event subject to the matters disclosed in that the certain current report on Form 8-K filed by Innovations with GAAPthe Securities and Exchange Commission under the Exchange Act on June 29, with only such adjustments thereto as would be required to allow for proxy revenue and expense recognition2005.