Examples of Business Financial Statements in a sentence
The Business Financial Statements are derived from the books and records of Knight Ridder and the audited consolidated financial statements of Knight Ridder (which were prepared in accordance with United States generally accepted accounting principles (“GAAP”)), and fairly present, in all material respects, the assets and the liabilities of the Business as of the dates thereof, and the results of operations of the Business for the periods then ended.
Borrower hereby agrees to provide to the Lender annual Business Financial Statements and Income Tax Returns as long as there are any loans outstanding to Lender.
The Audited Retained Business Financial Statements (including any related notes and schedules) will fairly present in all material respects the consolidated financial position of the Retained Business as of the date thereof, and fairly present in all material respects the income of the Retained Business for the period set forth therein, in accordance with GAAP applied on a consistent basis throughout the periods presented therein except as indicated in the notes thereto.
The statements of income, statements of stockholders equity and statements of cash flows included in the Pro Forma Retained Business Financial Statements do not reflect the operations of any entity or business not intended to constitute a part of the Retained Business after giving effect to all such Transactions.
The Pro Forma Retained Business Financial Statements have been prepared in accordance with Article 11 of Regulation S-X; reflect the adjustments necessary to change accounting treatment for certain past acquisitions from the pooling of interests method to the purchase method; and give effect to the Proposed Financings, the Tender Offer, the Distributions and the purchase of the Shares, Special Shares and Warrants by Purchaser.