Common use of Securities Filings and Disclosures Clause in Contracts

Securities Filings and Disclosures. AUGI has furnished to the Seller and to the parties who will receive Creditor Shares and Warrants from AUGI in connection with the Closing, the statements and reports listed on Schedule 4.8 to this Agreement, together with all exhibits and schedules thereto, which statements and reports (i) complied, as of their respective dates, as to form and substance in all material respects with the requirements pertaining to the filing thereof under the Securities Act of 1933, as amended, and/or the Securities Exchange Act of 1934, as amended, whichever is applicable, and (ii) as of their respective dates did not contain any material misstatement of fact or state or omit to state any material fact whose omission, in light of the circumstances under which such statement was made or omitted, would result in the statements made therein being materially misleading. AUGI shall supplement Schedule 4.8 through the Closing Date. The financial statements of AUGI and its consolidated subsidiaries as set forth in the securities filings listed on Schedule 4.8 fairly present the financial condition and results of operations of AUGI and its consolidated subsidiaries as at the dates and for the periods reflected therein. Since the date of AUGI's filing of its most recent Form 10-Q, there has been no material adverse change in the business, financial condition or prospects of AUGI and its subsidiaries, when taken as a consolidated whole.

Securities Filings and Disclosures. AUGI has furnished to the Seller and to the parties who will receive Creditor Shares and Warrants from AUGI in connection with the Closing, Stockholders the statements and reports listed on Schedule 4.8 5.9 to this AgreementAgreement (which statements and reports constitute all statements and reports filed by AUGI with the SEC since January 1, 1994), together with all exhibits and schedules thereto, which statements and reports reports (i) complied, as of their respective dates, as to form and substance in all material respects with the requirements pertaining to the filing thereof under the Securities Act of 1933, as amended, and/or the Securities Exchange Act of 1934, as amended, whichever is applicable, and (ii) as of their respective dates did not contain any material misstatement of fact or state or omit to state any material fact whose omission, in light of the circumstances under which such statement was made or omitted, would result in the statements made therein being materially misleading. AUGI shall supplement Schedule 4.8 5.9 through the Closing Date. The financial statements of AUGI and its consolidated subsidiaries as set forth in the securities filings listed on Schedule 4.8 5.9 fairly present the financial condition and results of operations of AUGI and its consolidated subsidiaries as at the dates and for the periods reflected therein. Since November 13, 1996, the date of AUGI's filing of its most recent 1996 Form 10-QK, there has been no material adverse change in the business, financial condition or prospects of AUGI and its subsidiaries, when taken as a consolidated whole.

Securities Filings and Disclosures. AUGI has furnished to the Seller and to the parties who will receive Creditor Shares and Warrants from AUGI in connection with the Closing, Principal Stockholders the statements and reports listed on Schedule 4.8 5.9 to this Agreement, together with all exhibits and schedules thereto, which statements and reports (i) complied, as of their respective dates, as to form and substance in all material respects with the requirements pertaining to the filing thereof under the Securities Act of 1933, as amended, and/or the Securities Exchange Act of 1934, as amended, whichever is applicable, and (ii) as of their respective dates did not contain any material misstatement of fact or state or omit to state any material fact whose omission, in light of the circumstances under which such statement was made or omitted, would result in the statements made therein being materially misleading. AUGI shall supplement Schedule 4.8 5.9 through the Closing Date. The financial statements of AUGI and its consolidated subsidiaries as set forth in the securities filings listed on Schedule 4.8 5,9 fairly present the financial condition and results of operations of AUGI and its consolidated subsidiaries as at the dates and for the periods reflected therein. Since the date of AUGI's filing of its most recent Form 10-QQ for the quarter ended April 30, 1996, there has been no material adverse change in the business, financial condition or prospects of AUGI and its subsidiaries, when taken as a consolidated whole.

Securities Filings and Disclosures. AUGI has furnished to the Seller and to the parties who will receive Creditor Shares and Warrants from AUGI in connection with the Closing, Stockholder the statements and reports listed on Schedule 4.8 5.9 to this AgreementAgreement (which statements and reports constitute all statements and reports filed by AUGI with the SEC since January 1, 1994), together with all exhibits and schedules thereto, which statements and reports (i) complied, as of their respective dates, as to form and substance in all material respects with the requirements pertaining to the filing thereof under the Securities Act of 1933, as amended, and/or the Securities Exchange Act of 1934, as amended, whichever is applicable, and (ii) as of their respective dates did not contain any material misstatement of fact or state or omit to state any material fact whose omission, in light of the circumstances under which such statement was made or omitted, would result in the statements made therein being materially misleading. AUGI shall supplement Schedule 4.8 5.9 through the Closing Date. The financial statements of AUGI and its consolidated subsidiaries as set forth in the securities filings listed on Schedule 4.8 5.9 fairly present the financial condition and results of operations of AUGI and its consolidated subsidiaries as at the dates and for the periods reflected therein. Since November 13, 1996, the date of AUGI's filing of its most recent 1996 Form 10-QK, there has been no material adverse change in the business, financial condition or prospects of AUGI and its subsidiaries, when taken as a consolidated whole.