Buyer Financials definition

Buyer Financials means Buyer’s (i) audited consolidated balance sheets, statements of income, stockholders’ equity, and cash flows as of and for the fiscal years ended December 31, 2019 and December 31, 2020; and (ii) unaudited consolidated balance sheets, statements of income, stockholders’ equity, and cash flows as of and for the six (6) month period ended June 30, 2021.

Buyer Financials shall have the meaning set forth in Section 2.4(a).

Buyer Financials is defined in Section 5.11.

Examples of Buyer Financials in a sentence

• The Buyer is a public company and represents that, except as disclosed in the Buyer Disclosure Documents and in Buyer Financials, it has no existing or threatened liabilities, claims, lawsuits, or basis for the same with respect to its original stock issuance to its founders, its initial public offering, any other issuance of stock, or any dealings with its stockholders, the public, the brokerage community, the SEC, any state regulatory agencies, or other persons.

• The main hedging instruments used are forward exchange transactions and currency options.

• The quarterly financial statements and such Annual Reports, and all other information included in such reports, shall be referred to as the "Buyer Financials".

• Except as indicated in the Buyer Financials or the Buyer Disclosure Documents, there exists no default under the provisions of any instrument evidencing such indebtedness or of any agreement relating thereto.

• To the best of the Buyer's knowledge and belief, except as disclosed in the Buyer Financials, it has not materially breached, nor has it any knowledge of any pending or threatened claims or any legal basis for a claim that it has materially breached, any of the terms or conditions of any agreements, contracts, or commitments to which it is a party or is bound and which might give rise to a claim by anyone against the Buyer Shares.

• Buyer has no current intention to correct or restate, and to the knowledge of Buyer, there is not any basis to correct or restate any of Buyer Financials.

• The Buyer Financials have been prepared in accordance with GAAP consistently applied and present fairly the consolidated financial position, assets and liabilities of the Buyer and Finantra as of the date thereof and the revenues, expenses, results of operations and cash flows of the Buyer and Finantra for the periods covered thereby.

• Buyer has delivered to the Sellers true and correct copies of its audited balance sheet and related statements of income, stockholders equity and cash flows for the period ending March 31, 2002 and its unaudited balance sheet and related statements of income, stockholders equity and cash flows for the period ending March 31, 2003 (collectively, the "Buyer Financials").

• To Buyer’s Knowledge, there are no claims, assessments, audits, examinations, investigations or other Actions pending against a Buyer Company in respect of any Tax, and no Buyer Company has been notified in writing of any proposed Tax claims or assessments against it (other than, in each case, claims or assessments for which adequate reserves in Buyer Financials have been established).

• The Buyer Financials present fairly the financial condition and operating results and cash flows of Buyer as of the dates and during the periods indicated therein (subject, in the case of unaudited financial statements, to normal year-end adjustments).

More Definitions of Buyer Financials

Buyer Financials shall have the meaning set forth in Section 3.5.

Buyer Financials has the meaning set forth in Section 0.

Buyer Financials shall have the meaning set forth in Section 5.6.1 of this Agreement.

Buyer Financials has the meaning set forth in Section 5.8. "Buyer Plans" has the meaning set forth in Section 9.2(b). "Buyer Reports" has the meaning set forth in Section 5.8. "Buyer's Accountants" has the meaning set forth in Section 2.3(c). "Buyer's Welfare Plans" has the meaning set forth in Section 9.2(c). "Buyer's Knowledge" has the meaning set forth in Section 5.4(a). "Xxxxxxxx" has the meaning set forth in Section 4.16. "Cap" has the meaning set forth in 8.3(b).

Buyer Financials shall have the meaning set forth in Section 7.9(b).

Buyer Financials has the meaning set forth in Section 5.7(c).