Tax Returns and Financial Statements. Tax returns and the annual financial statements of the Company shall be prepared by or at the direction of the Manager.
Tax Returns and Financial Statements. Seller has furnished Buyer with its tax returns (the "TAX RETURNS") for the periods ended December 31, 1996 and December 31, 1997, and has furnished Buyer with its financial statements (the "FINANCIAL STATEMENTS") for the periods ended December 31, 1996, December 31, 1997 and the interim period ending April 30, 1998 (the "FINANCIAL STATEMENT DATES"), copies of which are attached hereto as Schedule 12(o). The Financial Statements: (i) are in accordance with the books and records of the Seller; (ii) fairly present the financial condition of the Seller at such date and the results of its operations for the periods specified; (iii) were prepared in accordance with GAAP applied on a basis consistent with prior accounting periods; (iv) with respect to all Contracts of the Seller, reflect adequate reserves for all reasonably anticipated losses and costs in excess of anticipated income; and (v) with respect to any balance sheets, disclose all of the liabilities of the Seller at the Financial Statement Dates and include the appropriate reserves for all taxes and other accrued liabilities, except that certain contingent liabilities, if not disclosed on such balance sheets, shall be considered to be disclosed pursuant to this subparagraph, if expressly disclosed on an Schedule to this Agreement. The income statements included in the Financial Statements do not contain any items of special or nonrecurring income or expense or any other income not earned or expense not incurred in the ordinary course of business, consistent with past practice, except as expressly specified therein, and such Financial Statements include all adjustments, which consist only of normal recurring accruals, necessary for such fair presentation.
Tax Returns and Financial Statements. Attached hereto as Exhibit F are copies of the federal tax returns of Sewcal for fiscal years 1999, 1998 and 1997 and the unaudited balance sheet and statement of income, and cash flow statement as of and for fiscal year 1999, 1998 and 1997 and the three months ended February 29, 2000 and November 30, 1999. The Tax Returns and Financial Statements (including the notes thereto) present fairly the financial condition of Sewcal as of such dates and the results of operations of Sewcal for such periods, are correct and complete, and are consistent with the books and records of Sewcal (which books and records are correct and complete); PROVIDED, HOWEVER, that the Most Recent Financial Statements are subject to normal year-end adjustments (which will not be material individually or in the aggregate) and lack footnotes and other presentation items.
Tax Returns and Financial Statements. Tax returns and the annual financial statements of the Partnership shall be prepared by, or at the direction of, the General Partner as soon as practicable after the expiration of a tax year and copies of the same shall be delivered to the Partners within a reasonable time thereafter.
Tax Returns and Financial Statements. (a) The Vendor will, at the expense of the Sold Company or its Subsidiaries, as applicable, prepare all federal and provincial returns of Taxes and applicable schedules for the Sold Company and its Subsidiaries for their taxation years that end prior the Closing Date, in accordance with the ITA or applicable provincial Tax legislation and regulations, within the time prescribed thereby, and, if the time for filing such returns or paying such Taxes is before the Closing, cause the Sold Company or its Subsidiaries, as applicable, to file such returns or pay any Taxes indicated on them as owing, as applicable. If the time for filing such returns or paying such Taxes is after the Closing, the Purchaser will cause the Sold Company or its Subsidiaries, as applicable, to file such returns and pay the Taxes indicated on them as owing, as applicable.
(b) The Vendor will provide to the Purchaser copies of returns of Taxes and related schedules and accompanying financial statements promptly after they are available under Section 7.3(a).
(c) The Vendor will, at its expense, prepare and deliver to the Purchaser, not later than sixty (60) days after Closing, draft federal and provincial income Tax returns and applicable schedules for the Sold Company and its Subsidiaries for their taxation year that begins on the January 1 preceding the Closing Date and ends on the Closing Date in accordance with the ITA or applicable provincial Tax legislation and regulations.
(d) The Purchaser will cause the returns prepared and delivered pursuant to Section 7.3(c) to be duly filed within the time prescribed by the ITA or provincial Tax legislation and regulations, as applicable, and cause the Sold Company and its Subsidiaries, as applicable, to pay any Taxes indicated on such returns as owing except that if the Purchaser, acting reasonably, disagrees with any entry or calculation made in such returns or believes they are not most advantageous to the Sold Company or its Subsidiary, as applicable, then it must advise the Vendor no later than thirty (30) days prior to the time that such returns must be filed and the Vendor and the Purchaser will meet to resolve any dispute and cooperate to resolve the differences as soon as practicable. If as a result of changes proposed by the Purchaser to the Tax returns prepared by the Vendor, the Working Capital and Other Amount is lower (including a larger negative amount) than it would be using the returns prepared by the Vendor and such differenc...
Tax Returns and Financial Statements. Seller has furnished ------------------------------------ Buyer with tax returns (the "Tax Returns") for the periods ended December 31, 1993, and December 31, 1994 and has furnished Buyer with financial statements (the "Financial Statements") for the periods ended December 31, 1994, June 30, 1995, August 31, 1995 and September 30, 1995 (the "Financial Statement Dates"), copies of which are attached hereto as Exhibit "P" and by this reference made a part hereof. The Financial Statements: (i) are in accordance with the books and records of the Seller; (ii) fairly represent the financial condition of the Seller at such date and the results of its operations for the periods specified; (iii) were prepared in accordance with generally accepted accounting principles applied upon a basis consistent with prior accounting periods; (iv) with respect to all contracts and commitments of the Seller, reflect adequate reserves for all reasonably anticipated losses and costs in excess of anticipated income; and (v) with respect to any balance sheets, disclose all of the debts, liabilities and obligations of any nature (whether absolute, accrued, contingent, or otherwise) of the Seller at the Financial Statement Dates and include the appropriate reserves for all taxes and other accrued liabilities, except that certain contingent liabilities, if not disclosed on such balance sheets, shall be considered to be disclosed pursuant to this subparagraph, if disclosed on an Exhibit to this Agreement.
Tax Returns and Financial Statements. On or before April 15th of each year, the Guarantor shall deliver to WFBCI a [copy of Guarantor's tax return for the prior year with all schedules and attachments thereto, and] a personal financial statement as of December 31st of the prior year. WFBCI's Acts. WFBCI will not be chargeable for nor will the Guarantor be relieved from liability hereunder because of any negligence, mistake, act or omission of WFBCI or its agents in making examinations, investigations or advances or receiving collections under the Agreement or other present and future agreements between the Customer and WFBCI.
Tax Returns and Financial Statements. The Seller agrees to prepare or cause to be prepared, at the Seller's expense, and within 180 days of the Closing Date, audited financial statements of the Company and federal and provincial corporate income tax returns and goods and services tax returns for the Company, in each case for the fiscal periods ending December 31, 1996 and on the Closing Date. The said financial statements and tax returns shall be prepared on a basis consistent with past practice by the accountants of the Company prior to Closing or such other accountants selected by the Seller, provided that the said financial statements and tax returns shall be subject to review and approval of the Buyer before finalization, acting reasonably. The Buyer shall provide or cause to be provided to the Seller and the Seller's agents and professional advisors full and unrestricted access to the relevant records of the Company, and all other reasonable assistance and cooperation requested by the Seller, in order to facilitate and assist the Seller in the preparation of the said financial statements and tax returns.
Tax Returns and Financial Statements. The General Partner shall cause any necessary federal, state and local income tax returns and reports required of the Partnership to be prepared and timely filed. The Partners agree that in preparing and filing their tax returns they will report all tax items relating to the Partnership in a manner consistent with the reporting of such items on the Partnership's tax returns and reports.
Tax Returns and Financial Statements. On or before April 15th of each year, the Guarantor shall deliver to WFBCI a [copy of the Guarantor’s tax return for the prior year with all schedules and attachments thereto, and] a personal financial statement as of December 31st of the prior year.
