Examples of Product Financial Statements in a sentence
Seller shall use commercially reasonable efforts to prepare and deliver to Purchaser the Product Financial Statements within 60 days of Closing.
The Product Financial Statements and the Consolidated Financial Statement required hereunder shall be in the format shown on Exhibit B attached hereto.
Seller represents and warrants that the Product Financial Statements have been prepared in accordance with generally accepted accounting principles consistently maintained and applied on a basis consistent with prior practices and do present fairly the financial position of the Product Business for the period indicated.
The Product Financial Statements fairly present, in all material respects, the results of operations of Seller as they relate to the Product for such periods, except for normal recurring year end adjustments.
From the date of this Agreement through the earlier of the Closing Date or termination of this Agreement pursuant to its terms, Seller shall, and the Owner Parties shall cause Seller to, provide Federated with the Interim Financial Statements contemplated in Section 3.1.9 and the interim Product Financial Statements contemplated in Section 3.3.5, in each case promptly after such statements become available and to the extent not already provided to Federated prior to the date of this Agreement.
In the event the Securities and Exchange Commission ("SEC") advises Buyer that the Product Financial Statements are insufficient for purposes of Buyer's compliance with its reporting obligations under the Securities Exchange Act of 1934, Seller shall use commercially reasonable efforts to provide such additional financial statements as may be required by the SEC.
With respect to each such Product, the Product Financial Statements of such Product present fairly the financial position of such Product in all material respects as of the date of each such Product Financial Statement and the results of operations and changes in net assets in all material respects of such Product during the period covered by such Product Financial Statements, subject, in the case of interim financial statements, to year-end adjustments and the absence of footnotes.
The Product Financial Statements have been prepared in accordance with GAAP consistently applied from the books and records of Seller which have been maintained in a manner consistent with Seller’s accounting policies.
Attached hereto as Section 5.21 of the Disclosure Schedule are statements of revenue and net margin associated specifically with the Products for the year ended December 31, 1997 ("Product Financial Statements").
Purchaser shall promptly pay, or reimburse Seller for, as applicable, all third-party expenses related to preparation and review of the Product Financial Statements (including the fees and expenses of the independent certified public accounting firm).