RECENT FINANCIAL STATEMENTS. The Borrower has furnished to the Lenders and the Administrative Agent complete and correct copies of the unaudited condensed consolidated balance sheet of the Borrower and its consolidated subsidiaries as of March 31, 2001, and the related unaudited condensed consolidated statements of income and of cash flows of the Borrower and its consolidated subsidiaries for the fiscal period then ended, as contained in the Form 10-Q Quarterly Report of the Borrower filed with the SEC. All such financial statements have been prepared in accordance with GAAP, consistently applied (except as stated therein), and fairly present the financial position of the Borrower and its consolidated subsidiaries as of the date indicated and the consolidated results of their operations and cash flows for the period indicated, subject to normal audit adjustments, none of which will involve a Material Adverse Effect.
RECENT FINANCIAL STATEMENTS. Medco and the Sole Shareholder have delivered to Williston a Balance Sheet of the Company as of December 31, 1995, (the "Recent Balance Sheet") and the related Statement of Earnings for the fiscal year then ended (the "Recent Income Statement"). Such Recent Balance Sheet and Recent Income statement being hereinafter sometimes collectively called the "Recent financial Statement" have been audited by an independent auditor or are in form which is auditable. The Recent Financial Statements are true, correct and complete and accurately and truly present the financial condition of Medco as at the date thereof and the results of its operations for the period therein specified and have been prepared in accordance with generally accepted accounting principles applied on a basis consistent with that of the preceding period and consistently maintained throughout the periods involved. without limiting the generality of the foregoing, the Recent Financial Statements, either on the face thereof or in the notes thereto, include, reflect or disclose all periods involved. Without limiting the generality of the foregoing, the Recent Financial Statements disclose all debts, liabilities, commitments and obligations of every nature, whether absolute, accrued, contingent or otherwise of Medco as at the date thereof, including all appropriate reserves for taxes and there are no other debts of Medco, or claims or demands with respect thereof, relating to or arising out of any act, transaction or circumstances which occurred or existed on or before the date of the Recent Balance Sheet, due or payable, except as included, reflected or disclosed on the Recent Balance Sheet. the Recent Income Statement does not contain any item of special or non recurring income or other income not earned in the ordinary course of business except as expressly specified therein.
RECENT FINANCIAL STATEMENTS. The Company has furnished to the Lenders and the Administrative Agent complete and correct copies of the proposed final and definitive audited consolidated balance sheets of the Company and its consolidated subsidiaries as of the end of its fiscal years ended on or nearest to March 31, 1999 and the related proposed final and definitive audited consolidated statements of income, shareholders' equity, and cash flows of the Company and its consolidated subsidiaries for the fiscal year then ended, accompanied by the proposed final and definitive unqualified report thereon of the Company's independent accountants, as proposed to be filed with the SEC. All such financial statements have been prepared in accordance with GAAP, consistently applied (except as stated therein), and fairly present the financial position of the Company and its consolidated subsidiaries as of the respective dates indicated and the consolidated results of their operations and cash flows for the respective periods indicated, subject to any minor adjustments, none of which will involve a Material Adverse Effect.
RECENT FINANCIAL STATEMENTS. The Agent and the Lenders --------------------------- shall have completed a satisfactory review of the consolidated results of operations of PSS for the five months ended May 31, 1997.
RECENT FINANCIAL STATEMENTS. Recent Financial Statements" --------------------------- has the meaning set forth in Section 5.6 hereof.
RECENT FINANCIAL STATEMENTS. The Borrower has furnished to the Lenders and the Administrative Agent complete and correct copies of the audited condensed consolidated balance sheet of the Borrower and its consolidated subsidiaries as of December 31, 1999, and the related audited condensed consolidated statements of income and of cash flows of the Borrower and its consolidated subsidiaries for the fiscal year then ended, as contained in the Form 10-K Annual Report of the Borrower which was filed with the SEC. All such financial statements have been prepared in accordance with GAAP, consistently applied (except as stated therein), and fairly present the financial position of the Borrower and its consolidated subsidiaries as of the date indicated and the consolidated results of their operations and cash flows for the period indicated.
RECENT FINANCIAL STATEMENTS. The Borrower has furnished to the Lenders and the Administrative Agent complete and correct copies of the audited consolidated balance sheets of the Borrower and its consolidated subsidiaries as of December 31, 1999, and December 31, 1998, and the related audited consolidated statements of income, changes in shareholders' equity, and cash flows for each of the three years in the period ended December 31, 1999, accompanied by the unqualified report thereon of the Borrower's independent accountants, as contained in the Form 10-K Annual Report filed by the Borrower with the SEC for its fiscal year ended December 31, 1999. All such financial statements have been prepared in accordance with GAAP, consistently applied (except as stated therein), and fairly present the financial position of the Borrower and its consolidated subsidiaries as of the respective dates indicated and the consolidated results of their operations and cash flows for the respective periods indicated.
RECENT FINANCIAL STATEMENTS. The Borrower has furnished to the Lenders and the Administrative Agent complete and correct copies of the unaudited condensed consolidated balance sheet of the Borrower and its consolidated subsidiaries as of June 30, 2000, and the related unaudited condensed consolidated statements of income and of cash flows of the Borrower and its consolidated subsidiaries for the fiscal period then ended. All such financial statements have been prepared in accordance with GAAP, consistently applied (except as stated therein), and fairly present the financial position of the Borrower and its consolidated subsidiaries as of the date indicated and the consolidated results of their operations and cash flows for the period indicated.
RECENT FINANCIAL STATEMENTS. Prior to the Closing Date, Seller agrees to timely prepare and deliver to Buyer financial statements comparable to those delivered pursuant to Section 3.5 hereof for any quarter or year which ends on a date subsequent to September 30, 1992.
RECENT FINANCIAL STATEMENTS. Vitex shall have provided --------------------------- Pall with its most recent interim or annual financial statements in accordance with paragraph 4(b) of this Agreement.
