Type of Statements Sample Clauses

Type of Statements. The Closing Financial Statements shall include a balance sheet of Seller as of the Effective Date ("Closing Balance Sheet") and a statement of operations, a statement of changes in stockholders' equity and statement of cash flows of Seller for the period from January 1, 1997 to the Effective Date, and shall (a) be prepared in accordance with GAAP (as defined in Section 1.11), (b) fairly present the financial condition and results of operations of Seller as of the date and for the period indicated, and (c) be audited by Seller's Accountants whose reports thereon shall be without qualification or explanatory paragraphs. In addition, the Selling Companies shall provide to the Buying Companies, with the delivery of the Closing Financial Statements, supplemental financial information consisting of a combining balance sheet as of the Effective Date and a combining statement of operations for the period from January 1, 1997 to the Effective Date, each segregated by product line, consistent with the information contained in the Closing Financial Statements.
Sample 1
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Type of Statements. The Closing Balance Sheets shall include (i) a balance sheet of each of the Acquired Companies, (ii) a consolidated balance sheet of LP Securities, and (iii) a combined balance sheet (the "Combined Closing Balance Sheet") of LP Securities (consolidated with LPA Insurance) and LPAS, in each case (a) as of the last day of the month preceding the Closing Date, if the Closing occurs on any of the first nine days of a month, or (b) as of the Closing Date, if the Closing occurs on any other day of a month.
Sample 1
Type of Statements. The Closing Financial Statements shall include balance sheets of the Sellers' Accounts Receivable Collection Business as of December 31, 1994, 1995 and 1996 and as of the Effective Date ("Closing Balance Sheet") and a statement of income and divisional equity and statement of cash flows of the Accounts Receivable Collection Business for the years ended December 31, 1994, 1995 and 1996 and for the period from January 1, 1997 to the Effective Date (the "Interim Period"), and shall (a) be prepared in accordance with GAAP (as defined in Section 1.9); (b) fairly present the financial condition and results of operations of the Accounts Receivable Collection Business as of the dates and for the periods indicated; and (c) be audited by Sellers' Accountants whose reports thereon shall be without qualification.
Sample 1

Related to Type of Statements

  • Nature of Statements All statements contained in any Exhibit, certificate or other instruments delivered by or on behalf of any party hereto pursuant to this Agreement, shall be deemed representations and warranties by such party.

  • Accuracy of Statements Neither this Agreement nor any Schedule, Exhibit, statement, list, document, certificate or other information furnished by or on behalf of the Company to the Purchaser in connection with this Agreement or any of the transactions contemplated hereby contains any untrue statement of a material fact or omits to state a material fact necessary to make the statements contained herein or therein, in light of the circumstances in which they are made, not misleading.

  • Truth of Statements Borrower shall not furnish to Lender any certificate or other document that contains any untrue statement of a material fact or that omits to state a material fact necessary to make it not misleading in light of the circumstances under which it was furnished.

  • Secretary of State The Secretary of State of the State of Delaware.

  • Authorization of Financing Statements Each Grantor authorizes the Administrative Agent and its Affiliates, counsel and other representatives, at any time and from time to time, to file or record financing statements, amendments to financing statements, and other filing or recording documents or instruments with respect to the Collateral in such form and in such offices as the Administrative Agent reasonably determines appropriate to perfect the security interests of the Administrative Agent under this Agreement, and such financing statements and amendments may described the Collateral covered thereby as “all assets of the debtor”, “all personal property of the debtor” or words of similar effect. Each Grantor hereby also authorizes the Administrative Agent and its Affiliates, counsel and other representatives, at any time and from time to time, to file continuation statements with respect to previously filed financing statements. A photographic or other reproduction of this Agreement shall be sufficient as a financing statement or other filing or recording document or instrument for filing or recording in any jurisdiction.

  • Year-End Statements As soon as available and in any event within 5 days after the same is filed with the Securities and Exchange Commission (but in no event later than 90 days after the end of each fiscal year of the Borrower), the audited consolidated balance sheet of the Borrower and its Subsidiaries as at the end of such fiscal year and the related audited consolidated statements of income, shareholders’ equity and cash flows of the Borrower and its Subsidiaries for such fiscal year, setting forth in comparative form the figures as at the end of and for the previous fiscal year, all of which shall be (a) certified by the chief financial officer or chief accounting officer of the Borrower, in his or her opinion, to present fairly, in accordance with GAAP and in all material respects, the financial position of the Borrower and its Subsidiaries as at the date thereof and the result of operations for such period and (b) accompanied by the report thereon of Ernst &Young LLP or any other independent certified public accountants of recognized national standing, whose certificate shall be unqualified and who shall have authorized the Borrower to deliver such financial statements and certification thereof to the Administrative Agent and the Lenders pursuant to this Agreement. Together with such financial statements, the Borrower shall deliver a report, certified by the chief financial officer or chief accounting officer of Borrower, in form and detail reasonably satisfactory to the Administrative Agent, setting forth the Net Operating Income for each Property for such fiscal year.

  • Organization Documents; Fiscal Year; Legal Name, State of Formation and Form of Entity (a) Amend, modify or change its Organization Documents in a manner adverse to the Lenders.

  • Certificates; Reports; Other Information Furnish to the Administrative Agent, for distribution to each Lender:

  • Maintenance of Status The Borrower will maintain its separate corporate existence and remain in good standing under the laws of the Xxxxxxxx Islands.

  • Accuracy of Statements in Prospectus The statements in each of the Preliminary Prospectus and the Prospectus under the captions “Description of Notes,” “Description of Capital Stock,” “Description of Debt Securities,” “Description of Other Securities,” and “Certain U.S. Federal Income Tax Considerations,” in each case insofar as such statements constitute a summary of the legal matters, documents or proceedings referred to therein, fairly present and summarize, in all material respects, the matters referred to therein.

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