L&P Financial Statements definition

L&P Financial Statements means the consolidated financial statements of L&P and its subsidiaries included in the L&P 34 Act Reports. Each of the consolidated balance sheets of L&P in the L&P Financial Statements (including the related notes and schedules) fairly present the consolidated financial position of L&P and its consolidated subsidiaries as of their respective dates and each of the consolidated statements of income, stockholders' equity and cash flows of L&P and its consolidated subsidiaries in the L&P Financial Statements (including the related notes and schedules) fairly present the results of operations, shareholders' equity and cash flows of L&P and its consolidated subsidiaries (subject, in the case of unaudited statements to normal year-end audit
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L&P Financial Statements means, collectively, the LP’s audited financial statements as at December 31, 2019 and for the period from formation on November 12, 2019 to December 31, 2019, and unaudited interim financial statements for the nine months ended September 30, 2020;
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Examples of L&P Financial Statements in a sentence

  • The Glimcher LP Financial Statements have been prepared in accordance with GAAP, and fairly present Glimcher LP’s consolidated financial position as of the date thereof, and the consolidated results of operations and consolidated income for the year then ended.

  • The LP Financial Statements have been prepared in accordance with generally accepted accounting principles, applied consistently with prior periods.

  • All of the accounts receivable owing to Seller constitute valid and enforceable claims arising from bona fide transactions in the ordinary course of business, and except as set forth in the notes to the LP Financial Statements there are no known contingent or asserted claims, refusals to pay or other rights of set-off against any thereof.

  • The values at which inventories are carried on the Restated LP Financial Statements reflect the inventory valuation policy of the Limited Partnership as established in accordance with GAAP applied on a consistent basis in connection with the preparation of the Restated LP Statements.

  • The values at which the inventory is shown on the LP Financial Statements have been determined in accordance with the normal valuation policy of Seller, consistently applied and in accordance with generally accepted accounting principles.

  • Such LP Financial Statements and the notes thereto fairly present ---------- the assets, liabilities, financial condition and results of operations of such LP as at the respective dates thereof and for the periods covered thereby, all in accordance with generally accepted accounting principles consistently applied throughout the periods involved, other than the omission of certain footnote disclosure with respect to the LP Nine-Month Financial Statements.

  • The presentation of inventory on the Restated LP Financial Statements conforms to GAAP and such inventory is stated at the lower of cost (determined using the first-in, first-out method) or net realizable value.

  • LP’s revenue recognition policy with respect to its LP Financial Statements has been made in accordance with generally accepted accounting principles.

  • The Limited Partnership has made available to Purchaser a list of all accounts receivable of the Limited Partnership reflected on the LP Financial Statements and the GP Tax Returns ("Accounts Receivable") along with a range of days elapsed since ------------------- invoice.

  • At the request of the Purchaser, the LP Financial Statements for the fiscal year ending December 31, 1999 and the six- month period ending June 30, 2000 (the "Restated LP Financial Statements") were -------------------------------- restated and prepared in accordance with generally accepted accounting principles ("GAAP") applied on a consistent basis throughout the periods ---- indicated, for the periods indicated therein and with each other.