Mexican NIF definition
Examples of Mexican NIF in a sentence
Such financial statements fairly present the financial condition and the results of operations, changes in stockholders’ equity, and cash flow of the Cinemex Companies as at the respective dates of and for the periods referred to in such financial statements, all in accordance with Mexican NIF, subject, in the case of the financial statements referred to in clause (i) above, to normal year-end adjustments where applicable.
The Issuer and each Note Guarantor shall maintain proper books of record and account, in which full, true and correct entries shall be made in conformity with Mexican NIF.
None of the Borrowers or any of their Subsidiaries shall engage to any material extent, either directly or indirectly, in any business substantially different from (i) their present business or (ii) any business reasonably related thereto.
Prior approval will be expected in obvious situations such as a scheduled parent-teacher conference in the evening vs.
Except as otherwise noted in the Financial Statements or in any other schedule hereof, all material properties and assets used or required for the conduct of the Business are reflected in the Financial Statements in accordance with and to the extent required by Mexican NIF.
The Estimated Closing Statement will be prepared in good faith and in accordance with Mexican NIF.
Such Financial Statements are complete and correct in all material respects, reflect the assets and liabilities and the revenues and cost lines of the Company on a consolidated basis, and were prepared in Pesos and in Spanish (and then translated into English) from the books and records of each of the Company and the Company Subsidiaries, in accordance as appropriate with Mexican NIF consistently applied and maintained throughout the periods indicated.
In each Restructuring Document, unless expressly otherwise provided, accounting terms shall be construed and interpreted, accounting determinations and computations shall be made, and financial statements will be presented, in accordance with Mexican NIF and, when Mexican NIF does not provide guidance, International Accounting Standards shall be looked to for guidance.
The Closing Statement will be prepared in good faith and in accordance with Mexican NIF.
Each financial statement referred to in clauses (a) and (b) of this Section 4.01 shall be prepared in accordance with Mexican NIF; provided, that the Issuer shall provide an English translation of any text within such financial statements or in the notes thereto, or in the accompanying opinions or agreed upon procedures letters, that appear in a language other than English.