Compliant Financial Statements definition

Compliant Financial Statements means the audited consolidated balance sheets, audited statements of income, stockholders’ equity and cash flows as is required to effect an Initial Public Offering (as defined in the LLC Agreement) pursuant to an effective registration statement under the Securities Act filed with the Securities and Exchange Commission on Form S-1 or Form F-1, as applicable (or a successor form).
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Compliant Financial Statements means financial statements of the Company that are required to be included in the Form S-4 and which would not be required to be updated under Rule 3-12 or Regulation S-X in order to permit a registration statement on Form S-4 to be declared effective by the SEC.
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Compliant Financial Statements means the financial statements in a form that is substantially compliant with the requirements for effecting an Initial Public Offering (as defined in the LLC Agreement) on the Stock Exchange of Hong Kong Limited.
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Examples of Compliant Financial Statements in a sentence

  • Parent shall use commercially reasonable efforts to cause its accountants to prepare the Compliant Financial Statements as soon as practicable, but in any event no later than 12 months after the Closing, and Parent shall deliver such Compliant Financial Statements to Buyer.

  • Purchaser shall promptly, upon request from Sellers’ Representative, reimburse Sellers for all documented out-of-pocket costs incurred by Sellers or their Affiliates in connection with the preparation of the S-X Compliant Financial Statements and the Most Recent Interim Financial Statements.

  • Seller shall use commercially reasonable efforts to cause its accountants to prepare the Compliant Financial Statements as soon as practicable, but in any event no later than 18 months after the Closing and Seller shall deliver such Compliant Financial Statements to Buyer.

  • Seller shall have delivered to Buyer the S-X Compliant Financial Statements and the Most Recent Interim Financial Statements, together with a consent from MHM to the incorporation by reference of MHM’s audit reports with respect to the S-X Compliant Financial Statements into Buyer’s registration statements filed under the Securities Act.

  • The out-of-pocket expenses incurred by the Company in the preparation of such SEC Compliant Financial Statements, shall be borne by the Purchaser and shall not be considered Transaction Expenses.

  • Following December 31, 2018 franchise fee income will be recognized as required by GAAP (including with respect to the guidance under ASC 606) for purposes of the GAAP Compliant Financial Statements although for all other purposes hereunder (including, without limitation, calculation of financial covenants) franchise fee income shall continue to be treated as specified in the foregoing sentence.

  • The Compliant Financial Statements will be true, complete and correct in all material respects and fairly present, in all material respects, the financial position of the Company and its Subsidiaries as of the dates thereof and the results of operations of the Company and its Subsidiaries for the periods reflected therein.

  • SDiv also developed the new Shari’ah Compliant Financial Statements Reporting Template for the Global Muslim Philanthropy Fund for Children (GMPF) to adequately disclose the segregation of Zakat Funding Sources and uses from other Philanthropic Funds.

  • Such Compliant Financial Statements will have been prepared in accordance with GAAP applied on a consistent basis (except as may be indicated in the notes thereto) and in accordance with the requirements of the Public Company Accounting Oversight for public companies.

  • The SEC Compliant Financial Statements shall be true and correct in all material respects.


More Definitions of Compliant Financial Statements

Compliant Financial Statements has the meaning given in paragraph 3.5 of Schedule 16 (Seller's Warranties).
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Related to Compliant Financial Statements

  • Parent Financial Statements has the meaning set forth in Section 4.6(a).

  • Current Financial Statements has the meaning given to such term in Section 5.9.

  • Target Financial Statements has the meaning set forth in Section 3.4.

  • Audited Financial Statements means the audited consolidated balance sheet of the Borrower and its Subsidiaries for the fiscal year ended December 31, 2017, and the related consolidated statements of income or operations, shareholders’ equity and cash flows for such fiscal year of the Borrower and its Subsidiaries, including the notes thereto.

  • Most Recent Financial Statements has the meaning set forth in Section 4(g) below.

  • Financial Statements has the meaning set forth in Section 3.06.

  • Seller Financial Statements has the meaning set forth in Section 3.5(a).

  • Financial Statement has the meaning set forth in Section 4(g) below.

  • Interim Financial Statements has the meaning set forth in Section 3.06.

  • Company Financial Statements has the meaning set forth in Section 3.6(a).

  • Unaudited Financial Statements has the meaning set forth in Section 5.14.

  • Audited financial statement means a financial statement audited by an outside accounting firm.

  • Consolidated Financial Statements means, with respect to any Person, collectively, the consolidated financial statements and notes to those financial statements, of that Person and its subsidiaries prepared in accordance with GAAP. For purposes of this definition, if as of any date or for any period actual consolidated financial statements of any Person have not been prepared, then this term shall include the books and records of that Person ordinarily used in the preparation of such financial statements.

  • Buyer Financial Statements shall have the meaning set forth in Section 4.6.

  • Pro Forma Financial Statements shall have the meaning set forth in Section 5.5(b) hereof.

  • Year-End Financial Statements has the meaning set forth in Section 3.06.

  • Historical Financial Statements means the audited consolidated balance sheets of the Borrower as of December 31, 2006 and December 31, 2005 and the audited consolidated statements of income, stockholders’ equity and cash flows of the Borrower for each of the fiscal years in the three year period ending on December 31, 2006.

  • Initial Financial Statements means (i) the audited annual Consolidated financial statements of US Borrower dated as of December 31, 2001, and (ii) the unaudited quarterly Consolidated financial statements of US Borrower dated as of March 31, 2002.

  • Purchaser Financial Statements shall have the meaning specified in Section 4.8.1.

  • Annual Financial Statements has the meaning set forth in Section 3.06.

  • Statutory Financial Statements means, with respect to any Party, the annual and quarterly statutory financial statements of such Party filed with the Governmental Authority charged with supervision of insurance companies in the jurisdiction of domicile of such Party to the extent such Party is required by Applicable Law to prepare and file such financial statements.

  • Applicable Financial Statements means, as at any date, the most-recent audited financial statements of the Borrower delivered to the Lenders; provided that if immediately prior to the delivery to the Lenders of new audited financial statements of the Borrower a Material Adverse Change (the “Pre-existing MAC”) shall exist (regardless of when it occurred), then the “Applicable Financial Statements” as at said date means the Applicable Financial Statements in effect immediately prior to such delivery until such time as the Pre-existing MAC shall no longer exist.

  • Monthly Financial Statements is defined in Section 6.2(c).

  • Closing Financial Statements has the meaning set forth in Section 6.22.

  • Company Audited Financial Statements has the meaning set forth in Section 3.11.

  • Borrower Financial Statements has the meaning assigned to such term in Section 4.4(a).