Examples of Most Recent Company Financial Statements in a sentence
All accounts receivable of the Company and the ------------------- Subsidiaries reflected on the Most Recent Company Financial Statements are valid receivables subject to no setoffs or counterclaims and are current and are collectible, net of the applicable reserve for bad debts on the Most Recent Company Financial Statements except as set forth in Section 2.15 of the Company Disclosure Schedule.
All accounts receivable reflected in the financial or accounting records of the Company that have arisen since the Most Recent Fiscal Quarter End are valid receivables subject to no setoffs or counterclaims and are collectible, net of a reserve for bad debts in an amount proportionate to the reserve shown on the Most Recent Company Financial Statements.
No material liability or obligation of the Company or its Subsidiaries exists with respect to any Foreign Benefit Plan, except as set forth in the Most Recent Company Financial Statements.
The Company Financial Statements have been prepared in all material respects from the books and records of the Company and in accordance with Philippine Financial Reporting Standards (“PFRS”) applied on a consistent basis (except as may be indicated in the notes thereto and, in the case of the Most Recent Company Financial Statements, for the absence of footnotes and normal year-end adjustments).
The unpaid Taxes of the Company and the Subsidiaries for tax periods through the date of the Most Recent Company Financial Statements do not exceed the accruals and reserves for Taxes (other than any reserves for deferred Taxes) set forth on the Most Recent Company Financial Statements.