Parent Unaudited Financial Statements definition
Examples of Parent Unaudited Financial Statements in a sentence
The Parent Unaudited Financial Statements have been prepared and reviewed in accordance with Rule 10-01 of Regulation S-X promulgated under the Exchange Act.
Parent and each of its subsidiaries has good and indefeasible title to, or a valid interest in, all of its real property, and good title to, or a valid interest in, all of its compressors and other material personal property and assets reflected on the Parent Unaudited Financial Statements as owned or leased by it or otherwise used in its business, in each case free and clear of all Liens, except for Permitted Encumbrances or as set forth on Schedule 4.25 of the Parent Disclosure Letter.
The Parent Unaudited Financial Statements include all adjustments (which include only normal recurring adjustments) necessary to present fairly the information for such period.
Parent has heretofore delivered to the Purchaser copies of: (i) Parent's consolidated financial statements as of and for the years ended December 31, 1995 and 1996, which have been audited by Price Waterhouse, LLP, independent public accountants (the "Parent Audited Financial Statements"), and (ii) Parent's unaudited consolidated financial statements as of and for the three months ended March 31, 1997, (the "Parent Unaudited Financial Statements").
All of Parent's and its Subsidiaries' right, title and interest in and to their respective assets are free and clear of all Liens, other than Liens disclosed in the Parent Unaudited Financial Statements (including the footnotes therein), Liens in connection with Contracts described in Section 4.09, Permitted Liens, and such Liens as could not reasonably be expected to result in a Parent Material Adverse Effect.
Parent's unaudited consolidated balance sheet at June 30, 1999 and its unaudited consolidated statements of operations and cash flows for the six-month period then ended and the related notes (the "Parent Unaudited Financial Statements") have been delivered to Trans Global in Schedule 6(f) to this Agreement.
The Parent Unaudited Financial Statements and the Parent Audited Financial Statements (delivered pursuant to Section 6.09) when delivered to the Company: (a) were and will be, respectively, prepared in accordance with GAAP, except as set forth in the notes thereto, and (b) fairly present or will fairly present, respectively, in all material respects, the financial condition and the results of operations of Parent and its consolidated Subsidiaries as of and for the fiscal periods therein specified.
Parent's and Subsidiary's unaudited consolidated balance sheets at June 30, 1999 and their unaudited consolidated statements of operations and cash flows for the period then ended and the related notes (the "Parent Unaudited Financial Statements") have been delivered to CAD and Shareholder in the Form 10-KSB of Parent attached as Exhibit 7 to this Agreement.
The Parent financial statements delivered pursuant to this subpart (b) should not vary materially from the Parent Unaudited Financial Statements delivered pursuant to subpart (a) of this Section 4.06 and shall otherwise comply with the requirements of subpart (a) above.
Such Member acknowledges that it has received and had the opportunity to review the draft registration statement on Form S-1 of the Company dated June 26, 2008, including the Parent Unaudited Financial Statements (as defined in Section 4.06(a)) and the Company’s Financial Statements (as defined in Section 3.15), and this Agreement and all exhibits hereto including the Parent Disclosure Letter and Company Disclosure Letter.