Base Financials definition

Base Financials means the consolidated balance sheet of the Borrower and its Consolidated Subsidiaries as of December 31, 1995 and the related consolidated statements of operations, stockholders' equity and cash flows for the year then ended, together with the notes thereto, included in the Borrower's 1995 Form 10-K and reported on without qualification by Ernst & Young LLP.
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Base Financials means the Consolidated Statements as at, and for the fiscal year ended, December 25, 2005, including the notes thereto, with the opinion thereon of Deloitte & Touche LLP, heretofore furnished to the Lenders.
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Base Financials means the consolidated balance sheet of the Company and its Subsidiaries as of March 31, 1998, and the related consolidated statements of income, shareholders' equity and cash flows for the fiscal year then ended, reported on by Ernst & Young LLP on June 29, 1998.
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Examples of Base Financials in a sentence

  • The Base Financials, copies of which have been furnished to each Lender, fairly present in all material respects the consolidated financial condition of the Borrower and its Consolidated Subsidiaries as at the date of the Base Financials and the consolidated results of their operations for the year ended on said date, all in accordance with GAAP.

  • Except as set forth in the Base Financials or in Schedule 5.09, neither the Borrower nor any of its Subsidiaries is a party to any action or to any proceeding by any governmental authority for the assessment or collection of taxes which are material, nor has any claim (which remains pending) for assessment or collection of taxes which are material been asserted against it.

  • Except as disclosed in the Base Financials, on said date the Borrower and its Consolidated Subsidiaries did not have any contingent liabilities or liabilities for taxes which are material to the Borrower and its Consolidated Subsidiaries taken as a whole.

  • Unless otherwise specified herein, all accounting terms used herein shall be interpreted, and all accounting determinations hereunder shall be made, and all financial statements required to be delivered hereunder shall be prepared in accordance with generally accepted accounting principles as in effect from time to time, applied on a basis consistent (except for changes concurred in by the Company's independent public accountants) with the Base Financials.

  • Except as set forth in the Base Financials, there is no pending or, to the best of Borrower's knowledge, threatened, action or proceeding affecting Borrower or any of its Consolidated Subsidiaries before any court, governmental agency, or arbitrator, which would be reasonably likely to result in a Material Adverse Change.

  • The Base Financials fairly present the financial condition of Borrower and its Consolidated Subsidiaries as at the date thereof and the results of the operations of Borrower and its Consolidated Subsidiaries for the respective periods ended on such date, all in accordance with GAAP, consistently applied.

  • Since the date as of which the Base Financials were prepared, there has been no Material Adverse Change.

  • The Base Financials, a copy of which has been delivered to each Lender, fairly present, in conformity with GAAP, the consolidated financial position of the Company as of the fiscal year end and period end stated in the Base Financials and its consolidated results of operations and statement of cash flows for such fiscal year and period.


More Definitions of Base Financials

Base Financials means the consolidated balance sheet of Borrower and the related consolidated statements of income, shareholders' equity and cash flows for the fiscal year then ended as of December 29, 1996.
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Base Financials means the consolidated balance sheet of the Company as of December 31, 1999, and the Company's related consolidated statements of income, shareholders' equity, and cash flows for the fiscal year then ended, reported on by KPMG, Inc.
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Base Financials means the consolidated balance sheet of Borrower and its Consolidated Subsidiaries as of December 31, 1995 and the related consolidated statements of operations, stockholders' equity and cash flows for the year then ended, together with the notes thereto, reported on without qualification by an independent third party public accounting firm acceptable to Lender.
Sample 1

Related to Base Financials

  • Interim Financials has the meaning set forth in Section 5.5(b).

  • Interim Financial Statements has the meaning set forth in Section 3.06.

  • Annual Financial Statements has the meaning set forth in Section 3.06.

  • Original Financial Statements means the audited consolidated financial statements of the Guarantor for the financial year ended 31 December 2014.

  • Historical Financial Statements means the audited consolidated balance sheets of the Borrower as of December 31, 2006 and December 31, 2005 and the audited consolidated statements of income, stockholders’ equity and cash flows of the Borrower for each of the fiscal years in the three year period ending on December 31, 2006.

  • Applicable Financial Statements means, as at any date, the most-recent audited financial statements of the Borrower delivered to the Lenders; provided that if immediately prior to the delivery to the Lenders of new audited financial statements of the Borrower a Material Adverse Change (the “Pre-existing MAC”) shall exist (regardless of when it occurred), then the “Applicable Financial Statements” as at said date means the Applicable Financial Statements in effect immediately prior to such delivery until such time as the Pre-existing MAC shall no longer exist.

  • Financials means the financial statements delivered, or required to be delivered, pursuant to Section 9.1(a) or (b) together with the accompanying officer’s certificate delivered, or required to be delivered, pursuant to Section 9.1(d).

  • Year-End Financial Statements has the meaning set forth in Section 3.06.

  • Audited Financials has the meaning specified in Section 4.6(a).

  • Initial Financial Statements means, collectively, (a) the audited annual consolidated financial statements of the Borrower dated as of December 31, 2014 and (b) the unaudited quarterly consolidated financial statements of the Borrower dated as of September 30, 2015.

  • Company Financial Statements has the meaning set forth in Section 3.6(a).

  • Unaudited Financial Statements has the meaning set forth in Section 3.4(a).

  • Closing Date Financial Statements has the meaning set forth in Section 2.3(a)(i).

  • Company Financials means the Audited Financial Statements and the Interim Financial Statements.

  • Target Financial Statements has the meaning set forth in Section 3.4.

  • Annual Financial Statement is defined in Section 10.1(a).

  • Seller Financial Statements has the meaning set forth in Section 3.5(a).

  • Buyer Financial Statements shall have the meaning set forth in Section 4.6.

  • Audited Financial Statements means the audited consolidated balance sheet of the Borrower and its Subsidiaries for the fiscal year ended December 31, 2012, and the related consolidated statements of income or operations, shareholders’ equity and cash flows for such fiscal year of the Borrower and its Subsidiaries, including the notes thereto.

  • Monthly Financial Statements is defined in Section 6.2(c).

  • Parent Financial Statements has the meaning set forth in Section 4.6(a).

  • Current Financial Statements has the meaning given to such term in Section 5.9.

  • Current Financials means, at any time, the consolidated Financial Statements of the Companies most recently delivered to Administrative Agent under Section 7.1(a) or 7.1(b), as the case may be.

  • Statutory Financial Statements means, with respect to any Party, the annual and quarterly statutory financial statements of such Party filed with the Governmental Body charged with supervision of insurance companies in the jurisdiction of domicile of such Party to the extent such Party is required by Applicable Law to prepare and file such financial statements.

  • Company Audited Financial Statements has the meaning set forth in Section 3.11.

  • Closing Financial Statements has the meaning set forth in Section 6.22.