Examples of Most Recent Unaudited Financial Statements in a sentence
All accounts and notes receivable and other receivables reflected on the balance sheet set forth in the Most Recent Unaudited Financial Statements (“Most Recent Unaudited Balance Sheet”) represent, and the accounts and notes receivable and other receivables arising from the date hereof through the Closing Date will represent bona fide, collectible current and valid obligations arising from sales actually made or services actually performed in the ordinary course of business.
The warranty reserves on the Most Recent Unaudited Financial Statements are reasonable based on past experience and have been accrued in accordance with the Company’s Accounting Principles.
Since the Most Recent Unaudited Financial Statements, there has not been any material adverse change in the assets, liabilities, business, financial condition, operations, results of operations or future prospects of Prosoft or its Subsidiaries, as a whole.
Each GMR Party has good title to all material tangible and material intangible properties (i) reflected on the balance sheet included in the Most Recent Unaudited Financial Statements, (ii) located on any of the premises of such GMR Party, or (iii) used in the conduct of the businesses of such GMR Party, in each case, free and clear of all mortgages, pledges, liens, security interests, claims, restrictions or encumbrances of any kind except for Permitted Liens.
Since the Most Recent Unaudited Financial Statements, there has not been any adverse change in the assets, liabilities, business, financial condition, operations, results of operations or future prospects of the Seller, with respect to the Stores.
Since the date of the Most Recent Unaudited Financial Statements: (a) the Company has conducted the Business in the ordinary course and in a manner consistent with past practice; (b) there has not been any Event that has had, or would reasonably be expected to have a Company Material Adverse Effect; and (c) the Company has not taken any action that, if taken after the date of this Agreement, would constitute a breach of any of the covenants set forth in Section 7.1.
All accounts receivable reflected on the balance sheet set forth in the Most Recent Unaudited Financial Statements (“Most Recent Unaudited Balance Sheet”) represent, and the accounts receivable arising from the date hereof through the Closing Date will represent, bona fide, current and valid obligations arising from sales actually made or services actually performed in the ordinary course of business.
In addition, between the Effective Date and the Closing, Deltek shall, and the Shareholders shall cause Deltek to, prepare and deliver to Buyers as soon as practicable after the end of each month, unaudited consolidated financial statements of Deltek and the Subsidiaries prepared on the same basis as the Most Recent Unaudited Financial Statements for such month and a report of the Gross Software Bookings for such month.
Since the date of the Most Recent Unaudited Financial Statements, the Company has not received written notice from any obligor of any account receivable that such obligor is refusing to pay or contesting payment.
Since the date of the Most Recent Unaudited Financial Statements, the Company has not taken any action that, if taken after the date of this Agreement, would constitute a breach of any of the covenants set forth in Section 7.1.