Examples of Company Financial Statements in a sentence
The Company owns (with good title) all of the Company Assets, which will be reflected as being owned by the Company in the Company Financial Statements, except those that will have been acquired and disposed of in the Ordinary Course.
The Company has made full and adequate provision in its Books and Records and will make full and adequate provision in the Company Financial Statements for all Taxes which are not yet due and payable, but which relate to periods ending on or before the Closing Date.
Other than the Aged Receivables, all accounts and notes receivable of the Company reflected on the Company Financial Statements are good and collectible at the aggregate recorded amounts thereof, net of any applicable reserve for returns or doubtful accounts reflected thereon, which reserves are adequate and were calculated in a manner consistent with past practice and in accordance with GAAP consistently applied.
The inventories of the Company set forth in the Company Financial Statements were properly stated therein in accordance with GAAP consistently applied.
Since the date of the Company Financial Statements, the Company has carried on the Company Business and conducted its operations and affairs only in the Ordinary Course and the Company has not made or suffered any Material Adverse Change.