Examples of Buyer Audited Financial Statements in a sentence
The Buyer Audited Financial Statements present fairly the financial position of Buyer at the date thereof, and the results of operations, changes in shareholders’ equity and cash flows of Buyer for the year indicated, were prepared in accordance with and comply with applicable Laws and with US GAAP consistently applied throughout the period indicated.
Seller has delivered to Buyer Audited Financial Statements for the years ending December 31, 2003 and 2002, and will provide Buyer with the most recent internal consolidated financial statements (the “Interim Financial Statements”) as they become available during the normal course of business, up to within 30 days of the Closing Date.
Except as set forth in Schedule 5.13, the Buyer Companies have no liabilities or obligations of any nature, except for (a) liabilities and obligations reflected as reserved against in the balance sheet included in the Buyer Audited Financial Statements or (b) current liabilities incurred in the Ordinary Course of Business since the date thereof.
The Buyer Audited Financial Statements and the Buyer Unaudited Financial Statements are hereinafter collectively referred to as the “Buyer Financial Statements”.
The amounts shown on such returns to be due and payable have been paid in full or adequate provision therefor has been included by Buyer and the Buyer Subsidiaries in the consolidated financial statements included in the Buyer Audited Financial Statements.
The Buyer Financial Statements have been prepared in accordance with GAAP consistently applied (except, in the case of the Buyer Unaudited Financial Statements, for the absence of footnotes (that, if presented, would not differ materially from those included in the Buyer Audited Financial Statements) and normal recurring year end adjustments (the effect of which will not, individually or in the aggregate, be significant)).
The Buyer Audited Financial Statements and Buyer Unaudited Financial Statements are true and correct in all material respects.
The Buyer Unaudited Financial Statements and Buyer Audited Financial Statements reflect only actual, bona fide transactions consistent with the accounting records of Buyer.