AFC Financial Statements definition

AFC Financial Statements means the (i) the audited consolidated statements of condition (including related notes and schedules) of AFC as of December 31, 2005 and 2004 and the consolidated statements of income, comprehensive income, changes in shareholders’ equity and cash flows (including related notes and schedules, if any) of AFC for each of the three years ended December 31, 2005, as set forth in AFC’s annual report on Form 10-K for the year ended December 31, 2005, and (ii) the unaudited interim consolidated financial statements of AFC as of the end of each calendar quarter following December 31, 2005, and for the periods then ended, as filed by AFC in its Securities Documents.
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AFC Financial Statements is defined in Section 3.5.
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AFC Financial Statements is defined in Section 4.4(b).
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Examples of AFC Financial Statements in a sentence

  • Such existing leases and commitments to lease constitute or will constitute operating leases for both tax and financial accounting purposes and the lease expense and minimum rental commitments with respect to such leases and lease commitments are as disclosed in all material respects in the notes to the AFC Financial Statements.

  • AFC and the AFC Subsidiaries have paid or made adequate provision in accordance with GAAP in the AFC SEC Reports and the AFC Financial Statements for all Taxes payable in respect of all periods ending on or prior to the date of this Agreement and will have made or provided for all Taxes payable in respect of all periods ended on or prior to the Closing Date.

  • Except for the liabilities which are disclosed in the AFC Financial Statements or as set forth on Schedule 3.11, AFC has no material liabilities or material obligations of any nature, whether absolute, accrued, contingent or otherwise, and whether due or to become due.

  • AFC and the AFC Subsidiaries have timely paid or, prior to the Effective Time will pay, all Taxes, whether or not shown on such returns or reports, due or claimed to be due to any Governmental Entity other than Taxes which are being contested in good faith or for which adequate provision has been made on the AFC Financial Statements.

  • AFC will request its auditing firm to permit Holdings and its representatives, including its auditing firm, to review the work papers of the auditing firm of AFC relating to their examination of the AFC Financial Statements.

  • Except as Previously Disclosed in its Disclosure Schedule or reserved -------------------- against in the AFC Financial Statements, the AFC Companies have good and marketable title free and clear of all material liens, encumbrances, charges, defaults or equitable interests to all of the properties and assets, real and personal, reflected in the balance sheet included in the AFC Financial Statements as of March 31, 2000 or acquired after such date.

  • All Taxes (as defined below) owed by the AFC Companies have been paid, are reflected as a liability in the AFC Financial Statements, or are being contested in good faith and have been Previously Disclosed in its Disclosure Schedule.

  • The AFC Financial Statements fairly present the consolidated financial condition and operating results of AFC and its subsidiaries at the dates and during the periods indicated therein (except to the extent corrected by or disclosed in a subsequently filed AFC SEC Document).

  • There has been no change in AFC accounting policies except as described in the notes to the AFC Financial Statements or in AFC SEC Documents.

  • Attached hereto as SCHEDULE 6.D. (and except as described therein) are true, correct and complete copies of (i) AFC's audited financial statements (including balance sheet, statement of operations and statement of cash flows) for its fiscal year ending December 31, 2000, December 30, 2001 (collectively, the "AFC Financial Statements") and (ii) the Companies' unaudited financial statements for the year ending December 29, 2002 (the "Current Company Financial Statements").