Most Recent Financials definition

Most Recent Financials has the meaning set forth in Section 4.04.

Most Recent Financials has the meaning set forth in Section 3.05(a)(i).

Most Recent Financials is defined in Section 4.6.1.

Examples of Most Recent Financials in a sentence

• All items which are required by GAAP to be reflected as accounts and notes receivable on the Most Recent Financials and the Interim Financials and on the books and records of the Company are so reflected.

• The Most Recent Financials and the Interim Financials reflect reserves which are adequate, in accordance with GAAP, for all returns.

• The Most Recent Financials have been prepared in accordance with GAAP (except for the omission of disclosure notes and year-end adjustments) and the Company and its Subsidiaries’ past principles, practices and procedures for preparing financial statements for interim periods.

• The Company and its Subsidiaries have good and valid title to, or, in the case of leased properties and assets, valid leasehold interests in, all of their properties and assets, real and personal, used or held for use in their businesses located on their premises or shown on the consolidated balance sheet of the Company and its Subsidiaries as of the date of the Most Recent Financials or acquired thereafter, free and clear of any Liens other than Permitted Liens.

• The Company’s Most Recent Financials reflect an adequate reserve (in accordance with GAAP) for all material Taxes payable by the Company and its Subsidiaries through the date of such financial statements.

• A lack of infrastructure dampers economic development (Ingram & Kessides, 1994).

• Since the Most Recent Financials Date, the physical properties owned or leased by the Company have not suffered any material destruction or damage, regardless of whether or not any such loss was insured against.

• Schedule 3.9(b) includes true and correct copies of the Company's unaudited balance sheet as of November 30, 1998, and income statement for the Period(s) ending November 30, 1998 (the "Date of the Most Recent Financials"), which are the most current financial statements available to the Company and the Shareholders (the "Most Recent Financials").

• The submission is complementary to submission 34/2 and for the same reasons as discussed there, the Commissioner’s do not consider that a separate objective is warranted.

• Since the Date of the Most Recent Financials, there have been no material changes in the Company's accounting policies.

More Definitions of Most Recent Financials

Most Recent Financials shall have the meaning set forth in Section 2.6.

Most Recent Financials has the meaning set forth in Section 2.6.1(b). “Net Working Capital Deficit” means the amount, if any, by which the Closing Net Working Capital is less than the Net Working Capital Target. “Net Working Capital Surplus” means the amount, if any, by which the Closing Net Working Capital is greater than the Net Working Capital Target.

Most Recent Financials. Balance Sheet” Section 2.7 “Most Recent Financials Balance Sheet Date” Section 2.7 “Multiemployer Plan” Section 2.17(a) “Net EBITDA” Section 1.9.2(b)(ix)

Most Recent Financials shall have the meaning given to such term in Section 1.2.