FINANCIAL STATEMENTS of a Person definition

FINANCIAL STATEMENTS of a Person means balance sheets, profit and loss statements, reconciliations of capital and surplus, and statements of cash flow prepared (a) according to GAAP, and (b) other than as stated in SECTION 1.3, in comparative form to prior year-end figures or corresponding periods of the preceding fiscal year, as applicable.
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FINANCIAL STATEMENTS of a Person means balance sheets, profit and loss statements, reconciliations of capital and surplus, and statements of cash flow prepared according to GAAP, except as permitted by SECTION 1.5, in comparative form to prior year-end figures or corresponding periods of the preceding fiscal year, as applicable. GAAP means generally accepted accounting principles consistently applied and maintained throughout the period indicated and consistent with applicable laws, except for changes mandated by the Financial Accounting Standards Board or any similar accounting authority of comparable standing. Whenever any accounting term is used herein which is not otherwise defined, it shall be interpreted in accordance with GAAP. HAZARDOUS MATERIALS means and includes (i) all elements or compounds that are contained in the list of hazardous substances adopted by the United States Environmental Protection Agency and the list of toxic pollutants designated by Congress or the Environmental Protection Agency or under any Hazardous Substance Laws (as hereinafter defined), and (ii) any "hazardous waste", "hazardous substance", "toxic
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Related to FINANCIAL STATEMENTS of a Person

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

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

  • 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.

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

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

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

  • 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.

  • 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.

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

  • 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.

  • Financial Statements Date shall have the meaning ascribed to it in Section 3.7.

  • audited when used in regard to financial statements shall mean an examination of the financial statements by a firm of independent certified public accountants in accordance with generally accepted auditing standards for the purpose of expressing an opinion thereon.

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

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

  • Financial Statement Date means December 31, 1999.

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

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

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

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

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

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

  • Company Interim Financial Statements has the meaning specified in Section 4.08(a).

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

  • 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.

  • 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.