Common use of Target Financial Statements Clause in Contracts

Target Financial Statements. Target's audited consolidated financial statements as at and for the fiscal years ended June 30, 2009 and 2008 (including the notes thereto) and related management's discussion and analysis ("MD&A") and Target's unaudited consolidated financial statements as at and for the nine months ended March 31, 2010 (collectively, the "Target Financial Statements") were prepared in accordance with GAAP consistently applied (except (A) as otherwise indicated in such financial statements and the notes thereto or, in the case of audited statements, in the related report of Target's independent auditors, or (B) in the case of unaudited interim statements, are subject to normal period-end adjustments and may omit notes which are not required by applicable Laws in the unaudited statements) and present fairly in all material respects the consolidated financial condition, results of operations, changes in financial position of Target and its subsidiaries as of the dates thereof and for the periods indicated therein (subject, in the case of any unaudited interim financial statements, to normal period-end adjustments) and reflect reserves required by GAAP in respect of all material contingent liabilities, if any, of Target and its subsidiaries on a consolidated basis. Target's audited consolidated financial statements for the fiscal year ended June 30, 2010 will be filed as required pursuant to National Instrument 51-101 "Continuous Disclosure Obligations" on or before September 24, 2010. There has been no material change in Target's accounting policies, except as described in the notes to the Target Financial Statements, since March 31, 2010.

Target Financial Statements. Target's ’s audited consolidated financial statements as at and for the fiscal years ended June 30, 2009 2012 and 2008 2011 (including the notes thereto) and related management's discussion and analysis ("MD&A") MD&A and Target's ’s unaudited consolidated financial statements as at and for the nine three months ended March 31September 30, 2010 2012 (collectively, the "“Target Financial Statements"”) were prepared in accordance with GAAP consistently applied (except except: (Ai) as otherwise indicated in such consolidated financial statements and the notes thereto or, in the case of audited consolidated statements, in the related report of Target's ’s independent auditors, ; or (Bii) in the case of unaudited interim consolidated statements, are subject to normal period-end adjustments and may omit notes which are not required by applicable Laws in the unaudited consolidated statements) and fairly present fairly in all material respects the consolidated financial conditionposition, results of operations, changes in financial position operations and cash flows of Target and its subsidiaries as of the dates thereof and for the periods indicated therein (subject, in the case of any unaudited interim consolidated financial statements, to normal period-end adjustments) and reflect reserves required by GAAP in respect of all material contingent liabilities, if any, of Target and its subsidiaries on a consolidated basis. Target's audited consolidated financial statements for the fiscal year ended June 30, 2010 will be filed as required pursuant to National Instrument 51-101 "Continuous Disclosure Obligations" on or before September 24, 2010. There has been no material change in Target's ’s accounting policies, except as described in the notes to the Target Financial Statements, since March 31June 30, 20102012.

Target Financial Statements. Target's ’s audited consolidated financial statements as at and for the fiscal years ended June 30December 31, 2009 and 2008 2012 (including the notes thereto) and related management's ’s discussion and analysis ("“MD&A"”) and Target's ’s unaudited consolidated financial statements as at and for the nine six months ended March 31June 30, 2010 2013 (collectively, the "“Target Financial Statements"”) were prepared in accordance with GAAP IFRS or GAAP, as applicable, consistently applied (except except: (A) as otherwise indicated in such financial statements and the notes thereto or, in the case of audited statements, in the related report of Target's ’s independent auditors, ; or (B) in the case of unaudited interim statements, are subject to normal period-end adjustments and may omit notes which are not required by applicable Laws in the unaudited statements) and fairly present fairly in all material respects the consolidated financial conditionposition, results of operations, changes in financial position operations and cash flows of Target and its subsidiaries as of the dates thereof and for the periods indicated therein (subject, in the case of any unaudited interim financial statements, to normal period-end adjustments) and reflect reserves required by GAAP IFRS or GAAP, as applicable, in respect of all material contingent liabilities, if any, of Target and its subsidiaries on a consolidated basis. Target's audited consolidated financial statements for the fiscal year ended June 30, 2010 will be filed as required pursuant to National Instrument 51-101 "Continuous Disclosure Obligations" on or before September 24, 2010. There has been no material change in Target's ’s accounting policies, except as described in the notes to the Target Financial Statements, since March December 31, 20102012.

Target Financial Statements. Target's audited consolidated financial statements as at and for the fiscal years ended June 30October 31, 2009 and 2008 (including the notes thereto) and related management's discussion and analysis ("MD&A") and Target's unaudited consolidated financial statements as at and for the nine months ended March July 31, 2010 (collectively, the "Target Financial Statements") were prepared in accordance with GAAP consistently applied (except (A) as otherwise indicated in such financial statements and the notes thereto or, in the case of audited statements, in the related report of Target's independent auditors, or (B) in the case of unaudited interim statements, are subject to normal period-end adjustments and may omit notes which are not required by applicable Laws in the unaudited statements) and present fairly in all material respects the consolidated financial condition, results of operations, changes in financial position of Target and its subsidiaries as of the dates thereof and for the periods indicated therein (subject, in the case of any unaudited interim financial statements, to normal period-period- end adjustments) and reflect reserves required by GAAP in respect of all material contingent liabilities, if any, of Target and its subsidiaries on a consolidated basis. Target's audited consolidated financial statements for the fiscal year ended June 30October 31, 2010 will be filed as required pursuant to National Instrument 51-101 "102 " Continuous Disclosure Obligations" on or before September 24February 11, 20102011. There has been no material change in Target's accounting policies, except as described in the notes to the Target Financial Statements, since March October 31, 20102009.

Target Financial Statements. Target's audited consolidated financial statements as at and for the fiscal years ended June 30October 31, 2009 and 2008 (including the notes thereto) and related management's discussion and analysis ("MD&A") and Target's unaudited consolidated financial statements as at and for the nine months ended March July 31, 2010 (collectively, the "Target Financial Statements") were prepared in accordance with GAAP consistently applied (except (A) as otherwise indicated in such financial statements and the notes thereto or, in the case of audited statements, in the related report of Target's independent auditors, or (B) in the case of unaudited interim statements, are subject to normal period-end adjustments and may omit notes which are not required by applicable Laws in the unaudited statements) and present fairly in all material respects the consolidated financial condition, results of operations, changes in financial position of Target and its subsidiaries as of the dates thereof and for the periods indicated therein (subject, in the case of any unaudited interim financial statements, to normal period-end adjustments) and reflect reserves required by GAAP in respect of all material contingent liabilities, if any, of Target and its subsidiaries on a consolidated basis. Target's audited consolidated financial statements for the fiscal year ended June 30October 31, 2010 will be filed as required pursuant to National Instrument 51-101 51- 102 "Continuous Disclosure Obligations" on or before September 24February 11, 20102011. There has been no material change in Target's accounting policies, except as described in the notes to the Target Financial Statements, since March October 31, 20102009.

Target Financial Statements. Target's ’s audited consolidated financial statements as at and for the fiscal years ended June 30December 31, 2009 and 2008 (including the notes thereto) and related management's ’s discussion and analysis ("“MD&A"”) and Target's unaudited ’s consolidated financial statements as at and for the nine months ended March 31September 30, 2010 (collectively, the "“Target Financial Statements"”) were prepared in accordance with GAAP consistently applied (except (A) as otherwise indicated in such financial statements and the notes thereto or, in the case of audited statements, in the related report of Target's ’s independent auditors, or (B) in the case of unaudited interim statements, are subject to normal period-end adjustments and may omit notes which are not required by applicable Laws in the unaudited statements) and present fairly in all material respects the consolidated financial condition, results of operations, changes in financial position of Target and its subsidiaries as of the dates thereof and for the periods indicated therein (subject, in the case of any unaudited interim financial statements, to normal period-end adjustments) and reflect reserves required by GAAP in respect of all material contingent liabilities, if any, of Target and its subsidiaries on a consolidated basis. Target's ’s audited consolidated financial statements for the fiscal year ended June 30December 31, 2010 will be filed as required pursuant to National Instrument 51-51- 101 "“Continuous Disclosure Obligations" ” on or before September 24March 31, 20102011. There has been no material change in Target's ’s accounting policies, except as described in the notes to the Target Financial Statements, since March 31September 30, 2010.