Closing Company Audited Financial Statements definition

Closing Company Audited Financial Statements has the meaning set forth in Section 3.4(b).

Closing Company Audited Financial Statements has the meaning set forth in Section 5.16.

Closing Company Audited Financial Statements. Section 6.20

Examples of Closing Company Audited Financial Statements in a sentence

• The auditor engaged to audit the Closing Company Audited Financial Statements and to review the unaudited financial statements is an independent registered public accounting firm with respect to the Company within the meaning of the Exchange Act and the applicable rules and regulations thereunder adopted by the SEC and the PCAOB.

• The Group Companies maintain and, for all periods covered by the Financial Statements and the Closing Company Audited Financial Statements, have maintained books and records of the Group Companies and the Business in the ordinary course of business that are accurate and complete and reflect in all material respects the revenues, expenses, assets and liabilities of the Group Companies and the Business.

• The Closing Company Audited Financial Statements will be audited in accordance with the standards of the PCAOB.

• The Group Companies maintain and, for all periods covered by the Financial Statements and the Closing Company Audited Financial Statements, have maintained books and records of the Group Companies in the ordinary course of business that are accurate in all material respects and reflect the revenues, expenses, assets and liabilities of the Group Companies in all material respects.

• No financial statements other than those consolidated financial statements of the Company Entities are required by U.S. GAAP to be included in the Closing Company Audited Financial Statements.

• No financial statements other than those consolidated financial statements of the Group Companies are required by GAAP to be included in the Closing Company Audited Financial Statements.

• All proceeds realized as the result of any sale or other disposition of the Collateral shall be applied by Silicon first to the reasonable costs, expenses, liabilities, obligations and attorneys' fees incurred by Silicon in the exercise of its rights under this Agreement, second to the interest due upon any of the Obligations, and third to the principal of the Obligations, in such order as Silicon shall determine in its sole discretion.

• Upon delivery of the Closing Company Audited Financial Statements, the representations and warranties set forth in Section 4.08(b) shall be deemed to apply to the Closing Company Audited Financial Statements in the same manner as the Company Financial Statements and Interim Financial Statements, mutatis mutandis, with the same force and effect as if included in Section 4.08(b) as of the date of this Agreement.

• The auditor engaged to audit the Closing Company Audited Financial Statements and to review any Closing Company Unaudited Financial Statements will be an independent registered public accounting firm with respect to the Company within the meaning of the Securities Act and Exchange Act and the applicable rules and regulations thereunder adopted by the SEC and the PCAOB.

• The parties agree that the date for delivery of the Closing Company Audited Financial Statements is hereby extended to July 20, 2022.

More Definitions of Closing Company Audited Financial Statements

Closing Company Audited Financial Statements has the meaning set forth in Section 7.18. “Closing Date” has the meaning set forth in Section 2.13.

Closing Company Audited Financial Statements means the audited consolidated balance sheets of the Group Companies as of December 31, 2020 and December 31, 2021 and the related audited statements of operations, changes in stockholders’ equity and cash flows of the Group Companies for each of the periods then ended, audited in accordance with the standards of the PCAOB and containing an unqualified report of the Company’s auditors.