Common use of Unaudited Financial Information Clause in Contracts

Unaudited Financial Information. The Company will cause to be prepared and will furnish to XxXxxx as promptly as possible an unaudited consolidated balance sheet of the Company and the Subsidiaries as of the last day of each month ending after August 31, 1998 and the related unaudited consolidated statements of income and cash flows of the Company and the Subsidiaries for the one-month periods then ended. The Company will ensure that such Unaudited Statements are complete and correct in all material respects, have been prepared in accordance with the books and records of the Company and the Subsidiaries, and present fairly the consolidated financial position of the Company and the Subsidiaries and their consolidated results of operations and cash flows as of and for the respective dates and time periods applied on a basis consistent with prior accounting periods, except as noted thereon and subject to normal and recurring year-end adjustments.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (McLeodusa Inc), Agreement and Plan of Merger (McLeodusa Inc)

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Unaudited Financial Information. The Company will cause to be prepared and will furnish to XxXxxx Acquiror as promptly as possible an unaudited consolidated balance sheet of the Company and the Subsidiaries as of the last day of each month ending after August July 31, 1998 1997 and the related unaudited consolidated statements of income and cash flows of the Company and the Subsidiaries for the one-month periods then ended. The Company will ensure that such Unaudited Statements are complete and correct in all material respects, have been prepared in accordance with the books and records of the Company and the Subsidiaries, and present fairly the consolidated financial position of the Company and the Subsidiaries and their consolidated results of operations and cash flows as of and for the respective dates and time periods in accordance with GAAP applied on a basis consistent with prior accounting periods, except as noted thereon and subject to normal and recurring year-end adjustmentsadjustments which are not expected to be material in amount.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Texas Utilities Co /Tx/)

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Unaudited Financial Information. The Company will cause to be prepared and will furnish to XxXxxx Acquiror as promptly as possible an unaudited consolidated balance sheet of the Company and the Subsidiaries as of the last day of each month ending after August March 31, 1998 1997 and the related unaudited consolidated statements of income and cash flows of the Company and the Subsidiaries for the one-month periods then ended. The Company will ensure that such Unaudited Statements are complete and correct in all material respects, have been prepared in accordance with the books and records of the Company and the Subsidiaries, and present fairly the consolidated financial position of the Company and the Subsidiaries and their consolidated results of operations and cash flows as of and for the respective dates and time periods in accordance with GAAP applied on a basis consistent with prior accounting periods, except as noted thereon and subject to normal and recurring year-end adjustmentsadjustments which are not expected to be material in amount.

Appears in 1 contract

Samples: Merger Agreement (McLeod Inc)

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