Future Financial Statements definition

Future Financial Statements means the consolidated statement of operations of the Surviving Corporation for each of the First Performance Year and the Second Performance Year, prepared in accordance with this Agreement and GAAP applied consistently (to the extent permissible under GAAP) with the 2005 Statement of Operations.

Future Financial Statements the financial statements delivered from time to time to the Agent pursuant to Section 11.4 are complete and correct in all material respects and present fairly, in accordance with IFRS (except for changes therein or departures therefrom that are described in the Compliance Certificate accompanying such statements and that have been approved in writing by the Auditors), the consolidated or non-consolidated, as the case may be, financial position of the Obligors, as at their respective dates and the consolidated or non-consolidated, as the case may be, results of operations, retained earnings and cash flows of the Obligors for the respective periods to which such statements relate, and the furnishing of the same to the Agent shall constitute a representation and warranty by the Obligors made on the date the same are furnished to the Agent to that effect and to the further effect that,

Future Financial Statements has the meaning set forth in Section 5.02(g). “GAAP” means United States generally accepted accounting principles.

Examples of Future Financial Statements in a sentence

• The RSFC Future Financial Statements so delivered after the date hereof shall be accompanied by a certificate of a duly authorized officer certifying that, to the best of his knowledge, such statements are complete, true and accurate and that they have been prepared in accordance with GAAP, and on a basis consistent with the Interim Statements.

• The CFC Future Financial Statements so delivered after the date hereof shall be accompanied by a certificate of a duly authorized officer certifying that, to the best of his knowledge, such statements are complete, true and accurate and that they have been prepared in accordance with GAAP, and on a basis consistent with the Interim Statements.

• All of the financial statements hereinabove referred to in this Section 5.8 are hereinafter referred to as the "CFC Future Financial Statements." The CFC Future Financial Statements shall be prepared in accordance with GAAP on a basis consistent with the Interim Statements.

• All of the financial statements hereinabove referred to in this Section 4.8 are hereinafter referred to as the "Future Financial Statements".

• The Target Entities will have no liability in excess of $10,000 for any refunds, bad debts or uncollectible accounts which are not reserved against in the Financial Statements or will be reserved against in the Future Financial Statements regarding services rendered by the Target Entities.

• All unpaid dividends or distributions owing or to become owed under the Insurance Contracts are properly and fully accrued and recorded on the Financial Statements and the Future Financial Statements.

• If this Letter of Transmittal or any Share Certificate or stock power is signed by a trustee, executor, administrator, guardian, attorney-in-fact, officer of a corporation or other person acting in a fiduciary or representative capacity, such person should so indicate when signing, and proper evidence satisfactory to the Purchaser of such person's authority so to act must be submitted.

• All of the financial statements hereinabove referred to in this Section 4.7 are hereinafter referred to as the "Future Financial Statements".

• Except as set forth in Section 3.6(a) of the Company Disclosure Schedule, the Company Financial Statements have been, and the Future Financial Statements when delivered, will be, prepared from the books and records of the Company and its Subsidiaries in conformity with GAAP (as in effect as of the date of such filing) applied on a consistent basis during the periods involved.

• All of the financial statements hereinabove referred to in this Section 5.8 are -38- MI01A/16412.5 hereinafter referred to as the "RSFC Future Financial Statements." The RSFC Future Financial Statements shall be prepared in accordance with GAAP on a basis consistent with the Interim Statements.

More Definitions of Future Financial Statements

Future Financial Statements has the meaning set forth below in Section 6(g).

Future Financial Statements means the consolidated income statement of the Surviving Corporation for each of the First Performance Year and the Second Performance Year, prepared in accordance with this Agreement and GAAP applied consistently with the 2004 Balance Sheet.

Future Financial Statements has the meaning set forth in Section 5.10.

Future Financial Statements. Txxxxx shall furnish to Lender the current financial statements of Bxxxxxxx and Owner within one hundred twenty (120) days after the end of each of their respective fiscal years. Such statements shall be prepared by an independent certified public accounting firm acceptable to Lender; and shall consist of a balance sheet, an income statement, rent rolls (if applicable), cash flow statement, and statement of contingent liabilities; and shall be certified to be