Examples of May Financial Statements in a sentence
Also attached hereto as Schedule 5.9 are copies of the COMPANY's unaudited balance sheet as of May 31, 1998, and Statements of Operations, Shareholders' Equity and Cash Flows for the five month period ended May 31, 1998 (the "May Financial Statements").
The Combined Financial Statements and the May Financial Statements have been prepared in accordance with GAAP applied on a consistent basis throughout the periods indicated and for the periods prior thereto (except as noted thereon or on Schedule 5.9).
All required employer and employee contributions and premiums under the pension plans have been made, the pension plans are fully funded on an ongoing and wind-up basis in accordance with applicable laws and with the actuarial methods and assumptions used in the most recent actuarial reports therefor, and there have been no surplus withdrawals or contribution holidays except as permitted by law and the terms of the pension plans.
Target has also furnished the Rock of Ages Group the Joint Venture Companies' unaudited internally generated balance sheets as of May 31, 1997 and the Joint Venture Companies' unaudited internally generated related statements of operations for the period then ended (the "JV Companies May Financial Statements").
The Childs May Financial Statements are materially complete and correct, taken as a whole, fairly present the consolidated financial position and results of operations of CC and CCT in all material respects, as of the date and for the period indicated and have been prepared on a consistent basis.
Except as disclosed in the Target Disclosure Schedule, elsewhere herein or in the JV Companies May Financial Statements, there have been no material changes (other than in the ordinary court of business) in each said corporation's obligations and liabilities since the date of the JV Financial Statements.
Shareholders have also furnished Buyer the Joint Venture Companies' unaudited internally generated balance sheets as of May 31, 1997 and the Joint Venture Companies' unaudited internally generated related statements of operations for the period then ended (the "JV Companies May Financial Statements").
The Financial Statements have been prepared in accordance with generally accepted accounting principles applied on a consistent basis (except, with respect to the May Financial Statements, for the absence of footnotes and as to the effect of normal year end adjustments).
LCA has also delivered to Summit unaudited monthly income statements and balance sheets for the period ended May 31, 1997, together with account analysis and other supporting detail relating thereto (the "May Financial Statements").
Except as disclosed in the Shareholders Disclosure Schedule, elsewhere herein or in the JV Companies May Financial Statements, there have been no material changes (other than in the ordinary course of business) in each said corporation's obligations and liabilities since December 31, 1996.