Frontier Financial Statements definition

Frontier Financial Statements has the meaning set forth in Section 4.04.

Frontier Financial Statements has the meaning assigned to such term in Section 5.2(G)(1).

Frontier Financial Statements means the audited consolidated balance sheet of Frontier and Subsidiaries as of December 31, 2005 and 2006, the audited consolidated statements of operations, cash flows, and changes in shareholder equity for the fiscal years then ended, the unaudited consolidated balance sheets of Frontier dated June 30, 2007 and 2006, the unaudited consolidated statements of operations, cash flows, and changes in shareholder equity for the six month periods then ended, and subsequent annual and quarterly financial statements in each case as presented (and as and to the extent amended or restated) in the Frontier Securities Documents.

Examples of Frontier Financial Statements in a sentence

• All of the accounts receivable and accounts payable reflected on the most recent Frontier Financial Statements or arising thereafter as reflected on the books of Frontier have arisen only from bona fide transactions in the ordinary course of business, represent valid obligations owing to or from, as the case may be, Frontier and have been accrued and recorded in accordance with GAAP.

• Except as disclosed on Schedule 5.2(H), Frontier has no obligation or liability (contingent or otherwise) that, individually or in the aggregate, is reasonably likely to have a Material Adverse Effect on it, except (1) as reflected in the Frontier Financial Statements prior to the Execution Date, and (2) for commitments and obligations made, or liabilities incurred, in the ordinary course of business consistent with past practice.

• Except as disclosed on Schedule 5.2(H), Frontier has no obligation or liability (contingent or otherwise) that, individually or in the aggregate, is reasonably likely to have a Material Adverse Effect on it, except (1) as reflected in the Frontier Financial Statements prior to the Execution Date, and (2) for commitments and obligations made, AGREEMENT AND PLAN OF MERGER 31 or liabilities incurred, in the ordinary course of business consistent with past practice.