IM Financial Statements definition

IM Financial Statements means (i) the audited consolidated balance sheet of IM and the IM Subsidiaries (the "IM Audited Balance Sheet"), and the related consolidated statements of operations and comprehensive income, member's capital and cash flows of IM and the IM Subsidiaries for the year ended December 31, 2011, together with the notes and schedules thereto (the "IM Audited Financial Statements") and (ii) the unaudited consolidated balance sheet of the IM and the IM Subsidiaries as of September 30, 2012 (the "IM Interim Balance Sheet") and the related consolidated statements of income, member's capital and cash flows of IM and the IM Subsidiaries for the nine (9) months ended September 30, 2012, (the "IM Unaudited Financial Statements").

Examples of IM Financial Statements in a sentence

  • Section 4.1(e) of the Company Disclosure Schedule contains the following unaudited financial statements relating to the Business, together with a description of the basis of presentation thereof (collectively, the "IM Financial Statements"): (i) the balance sheet of the Business as of September 30, 2002 (the latter, the "Interim Balance Sheet") and (ii) the related statement of operations for the nine months ended September 30, 2002.

  • The IM Financial Statements include allocations, the basis for which management believes is reasonable.

  • The IM Financial Statements have been prepared from, and in accordance with, the books and records of IMO and TSC, which books and records have been regularly kept and maintained in accordance with IMO’s and TSC’s, as applicable, normal and customary practices, which are consistent with sound business practices.

  • The IM Financial Statements (A) were prepared in accordance with GAAP, applied on a consistent basis for the periods involved, and (B) present fairly, in all material respects, the financial condition of IM as of the dates thereof and the results of operations and cash flows for the periods then ended, except in the case of the Interim Financial Statements for normal year-end adjustments (the effect of which will not be material to IM and its Subsidiaries, taken as whole) and the absence of footnotes.

  • The IM Financial Statements have been prepared based on the consolidated books and other financial records of the Company and its Subsidiaries, which books and records are kept in accordance with United States generally accepted accounting principles.

  • The IM Financial Statements, including, in the case of the IM Audited Financial Statements, the footnotes thereto, have been prepared from the books and records of IM and have been prepared in accordance with GAAP consistently applied.

  • The IM Financial Statements have been prepared in accordance with SEC Staff Accounting Bulletin Topic 1B and have been consistently applied during the periods involved.