Company Group Financial Statements definition

Company Group Financial Statements means the unaudited combined income statement of the Company Group for the six month period ended on June 30, 2020 and the unaudited combined balance sheet of the Company Group as at June 30, 2020, as set out in Schedule 1.1(ee) of the Seller Disclosure Letter;

Company Group Financial Statements means (a) the audited consolidated balance sheets of the Company, and the related statements of operations, changes in stockholders’ equity and cash flows, for the fiscal years ended December 31, 2021 and December 31, 2020 including the notes thereto, each prepared under U.S. GAAP and audited by a PCAOB qualified auditor in accordance with requirements of the PCAOB for public companies, and (b) the draft unaudited consolidated balance sheet of the Company as of June 30, 2022 (including a comparative balance sheet as of June 30, 2021 in accordance with GAAP) and the related statements of operations, changes in stockholders’ equity and cash flows for the six month period ended June 30, 2022 (including comparative financial statements for the six month period ending June 30, 2021 in accordance with GAAP).

Company Group Financial Statements. 3.8(a) “Company Group Securities” 3.2(b) “Company Group Unaudited Financial Statements” 3.8(a) “Company Option Plan” 3.4(b)(i) “Company Patents” 3.15(a)(ii) “Company Preferred Stock” 3.4(a) “Company Products” 3.18(a) “Company Schedules” Article III “Company Stock Certificates” 2.9(a) “Company Stockholder Approvals” Recitals “Company Equityholder Indemnified Parties” 9.2(b) “Continuing Employees” 6.13(a) “Xxxxxx” 11.14 “D&O Indemnification Agreements” 3.29(m) “D&O Policy” 6.1 “DEA” 3.18(g)

Examples of Company Group Financial Statements in a sentence

• The Company Group Financial Statements and the Company Group Interim Financial Statements are referred to collectively as the “Company Group Financial Statements.” The Company Group Annual Financial Statements have been prepared in accordance with the standards and rules of the Public Company Accounting Oversight Board.

• The compensation and benefits (including vacation and other paid time off benefits) paid, payable or provided with respect to all employees and contractors of any Company Group Entity have been reflected in the Company Group Financial Statements for the periods covered thereby.

• The Administrative Agent and the Lenders shall have received copies of (i) the financial statements referred to in Section 5.05, (ii) the Acquired Company Group Financial Statements, (iii) pro forma financial statements of the Borrower giving effect to the Transactions and (iv) projections for the Borrower and its Subsidiaries for the five years following the Closing Date, each in form and substance satisfactory to each of them.

• The Company shall use commercially reasonable efforts to provide Parent on or prior to October 15, 2022 with the Company Group Financial Statements, each prepared under U.S. GAAP and reviewed by a PCAOB qualified auditor in accordance with the requirements of the PCAOB for public companies.

• All accounts, notes and other receivables and amounts owing to the Members, whether reflected in the Company Group Financial Statements or arising after June 30, 1996, represent bona fide arms'-length sales in the ordinary course of business and are legally enforceable obligations of the obligors thereunder.

• All accounts receivable of Company Group are valid receivables, are not subject to any known setoffs or counterclaims, are fairly stated on Company Group’s Financial Statement, and are collectible at their stated amounts on such Company Group Financial Statements, subject to the reserve for doubtful accounts set forth in the Financial Statements.

• The Company Group Financial Statements reflect adequate reserves for any insurance programs which require (or have required) the Company or a Company Subsidiary to retain a portion of each loss, including deductible and self-insurance programs.

• Except as reflected on the Company Group Financial Statements, the inventory of the members of the Company Group is in all material respects merchantable and fit for the purpose for which it was procured or manufactured, and is not obsolete, damaged or defective in any material respect.

More Definitions of Company Group Financial Statements

Company Group Financial Statements shall have the meaning set forth in Section 4.5(a).