Preliminary Financial Statements definition
Examples of Preliminary Financial Statements in a sentence
To the Knowledge of Seller, the net liabilities reflected on the GAAP Financial Statements will not be materially increased from those disclosed in the Preliminary Financial Statements.
The Company Preliminary Financial Statements reflect, and the Company Audited Financial Statements will reflect, the material properties and assets (real and personal) owned or leased by each Acquired Company and necessary for the conduct of its business as presently conducted, and include all of the operating assets of the Acquired Companies.
The Financial Statements have been prepared on a consistent basis throughout the period involved, subject, in the case of the Preliminary Financial Statements, to normal and recurring year-end adjustments (the effect of which will not be materially adverse) and the absence of notes (that, if presented, would not differ materially from those presented in the Annual Financial Statements).
The Preliminary Financial Statements reflect no significant irregularities or adverse changes in the results or financial position of the Company.
The financial statements contained in the Company Form 10-K for the year ended June 30, 2005 shall be substantially identical to the Company Preliminary Financial Statements provided to the Parent prior to the date hereof.