Examples of GAAP Statements in a sentence
The parties agree to mutually exchange any and all reasonable information, reports, listings or other data as may be required to properly complete their respective Annual Statements, or GAAP Statements for such calendar year for the duration of this Agreement.
Except as set forth therein or in the notes thereto, the GAAP Statements present fairly, in all material respects, the financial position, results of operations and cash flows of VFL as of the respective dates and for the respective periods covered thereby in accordance with GAAP, applied on a consistent basis throughout the periods indicated, except as otherwise specifically noted therein.
ALIAC has previously delivered to Purchaser true, complete and correct copies of: (a) the audited balance sheet of ALIAC for the years ended December 31, 1997 and 1996, together with the related audited statements of income for the years then ended; and (b) the unaudited balance sheet of ALIAC for the calendar quarter ended March 31, 1998, together with the related unaudited statement of income for the quarter then ended (collectively, the "ALIAC GAAP Statements").
Schedule 3.20(a) includes the unaudited balance sheet of IGFH at December 31, 2000, the unaudited income statements of IGFH for the years ended December 31, 1998, 1999 and 2000 and on the Closing Date will include the unaudited balance sheet and income statement of IGFH for the three-month period ended March 31, 2001 (the "Sellers GAAP Statements").
There are no Liabilities except as described in Schedule 3.04 or reflected on the most recent balance sheets included in the GAAP Statements or SAP Statements identified in Section 3.20, or incurred by the Sellers in the ordinary course of business since the date of the most recent balance sheet included in the GAAP Statements.
For the avoidance of doubt, the exceptions set forth in Sections 1.05(b)(iii)(A) and (B) with respect to the Closing GAAP Statements shall also apply with respect to the Revised Closing GAAP Statements.
Schedule 4.05 includes the balance sheet of each Purchaser at December 31, 2000, and the income statements of each Purchaser for the years ended December 31, 1998, 1999 and 2000, and Schedule 4.05 is deemed to include the SEC Reports filed with the Securities and Exchange Commission on the date of this Agreement and on the Closing Date will be deemed to include the SEC Reports filed with the Securities and Exchange Commission on the Closing Date (the "Purchaser GAAP Statements").
GAAP Statements shall be prepared in English and shall be derived from and reconciled with the PRC Financial Statements.
GAAP Statements include all relevant Governmental Accounting Standards Board (GASB) pronouncements.
Except as set forth therein or in the notes thereto, the ALIAC GAAP Statements present fairly, in all material respects, the financial position, results of operations and cash flows of ALIAC as of the respective dates and for the respective periods covered thereby in accordance with GAAP, applied on a consistent basis throughout the periods indicated, except as otherwise specifically noted therein.