Base Financials definition

Base Financials means the consolidated balance sheet of the Company and its Consolidated Subsidiaries as of September 30, 2000 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 Company's Form 10-K for the year ended September 30, 2000 and reported on without qualification by Ernst & Young LLP.

Base Financials means the Consolidated Statements as at, and for the fiscal year ended, December 28, 2003, including the notes thereto, with the opinion thereon of Deloitte & Touche LLP, heretofore furnished to the Lenders.

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.

Examples of Base Financials in a sentence

• 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.

• 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.

• 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.

• 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.

More Definitions of Base Financials

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.

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.

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.