Historical Financials definition

Historical Financials has the meaning set forth in Section 4.8(a).

Historical Financials has the meaning specified in Section 5.1(a)(xiii).

Historical Financials shall have the meaning ascribed to it in Section 5.8(a) hereof.

Examples of Historical Financials in a sentence

• The Historical Financials have been prepared in accordance with GAAP consistently applied throughout the periods involved and fairly present, in all material respects, the financial position, results of operations and cash flows of the Loan Parties and their Subsidiaries for each of the periods covered.

• Borrower has provided to Agent complete and accurate copies of the Historical Financials.

• The Lenders shall have received the Historical Financials and Interim Financials described in Section 4.1.

• The Historical Financials do, and the Closing Balance Sheet will, include reserves for bad debt reasonably based on past customer performance.

• All dividends or distributions on securities of the Company that have been declared or authorized prior to the date of this Agreement have been paid in full or accrued for in the Historical Financials.

More Definitions of Historical Financials

Historical Financials means (i) the audited consolidated balance sheet and the related audited consolidated statements of income, cash flows and shareholders’ equity of the Borrower and its Subsidiaries as of and for the Fiscal Years ended December 31, 2021 and December 31, 2022 and (ii) the unaudited consolidated balance sheet and the related consolidated statements of income and cash flows of the Borrower and its Subsidiaries as of and for each subsequent fiscal quarter (other than the fourth fiscal quarter of the Borrower’s Fiscal Year) ended at least 50 days before the Closing Date.

Historical Financials as defined in Section 4.1.

Historical Financials. Is defined in Section 6.13.

Historical Financials means the unaudited balance sheets and statements of income of Seller as of and for the fiscal years ended December 31, 2006, December 31, 2005 and December 31, 2004 (including the footnotes thereto if any), and the unaudited balance sheet and statements of income and cash flows for the 10-month period ended October 31, 2007, attached hereto as Schedule 4.3.

Historical Financials means the consolidated audited balance sheets and statements of income and cash flows of the Company and the Operating Subsidiaries as of and for the fiscal years ended December 31, 1998 and 1997 (including the footnotes thereto) and the consolidated balance sheets and statements of income and cash flows of the Company and the Subsidiaries for the interim period ended March 31, 1999.

Historical Financials shall have the meaning ascribed in Section 3.5(a)(ii).

Historical Financials is defined in Section 8.4.