Examples of Audited Statements Date in a sentence
Since the Audited Statements Date, except as disclosed in the Unaudited Balance Sheet, there has been no Material Adverse Change and the Company has not suffered any material loss (whether or not insured) by reason of physical damage caused by fire, earthquake, accident or other calamity which substantially affects the value of its assets, properties or business.
Since the Audited Statements Date, there has been no termination or cancellation of, and no modification or change in, the business relationship with any distributor, group of distributors, customer or group of customers which singly or in total provided more than 10% of the gross revenues of the Corporation for the fiscal year ended on the Audited Statements Date.
Since the Audited Statements Date, the Company has operated its business in the ordinary course of business consistent with past practices, and there has not been any event which would constitute a Material Adverse Change.
Except as disclosed in Schedule 3.1(22), since the Audited Statements Date, the Corporation has not declared or paid any dividend or declared or made any other distribution on any of its shares of any class, or redeemed or purchased or otherwise acquired any of its shares of any class, or reduced its authorized capital or issued capital, or agreed to any of the foregoing.
Since the Audited Statements Date, the Business has been carried on in the ordinary course consistent with past practice, except where it would otherwise not have a Material Adverse Effect.
Since the Audited Statements Date, the Corporation has not declared or paid any dividend or made any other distribution on any of its shares of any class, or redeemed or purchased or otherwise acquired any of its shares of any class, or reduced its authorized capital or issued capital, or agreed to do any of the foregoing.
To the knowledge of Vendor, the Vendor is not committed to make any capital expenditures relating to the Business, nor have any capital expenditures been authorized by the Vendor at any time since the Audited Statements Date, except for capital expenditures made in the ordinary course of the Business which, in the aggregate, do not exceed $10,000, except those that would otherwise not have a Material Adverse Effect.
No amendments or improvements have been made or promised respecting any Employee Plan since the Audited Statements Date, other than those required by Applicable Law.
Since the Audited Statements Date, to the knowledge of Vendor, no material adverse change has occurred in any of the assets, business, financial condition, earnings, or results of operations of the Business nor has any other event, condition, or state of facts occurred or arisen which might have a material adverse effect on the assets, business, financial condition, earnings, or results of operations of the Business, except as would not have a Material Adverse Effect.
The Vendors have previously delivered to the Purchaser a true and complete list of the twenty (20) largest customers by sales in each vertical market of the Business as of the Audited Statements Date.