S&W Financial Statements Clause Samples

S&W Financial Statements. The S&W Financial Statements present fairly in all material respects the financial condition of S&W as at the dates and for the periods indicated therein. S&W has no Liabilities of the nature (whether known or unknown and whether absolute, accrued, contingent or otherwise) that U.S. GAAP would require to be set forth in the balance sheet as of the Balance Sheet Date included in the S&W Financial Statements which are not set forth therein, other than Liabilities in the ordinary course of S&W’s business since the Balance Sheet Date and prior to the date hereof. No representation or warranty is made in this Section 3.7 with respect to Liabilities in connection with (a) Taxes and related matters, which are covered in Section 3.16 below, (b) Intellectual Property and related matters, which are covered in Section 3.9 below, (c) S&W’s employees and related matters which are covered in Section 3.15 below.