Examples of Reporting Subsidiary in a sentence
The gratuity scheme contribution is invested in a group gratuity-cum-life assurance cash accumulation policy offered by LIC of India.
The Statutory Financial Statements fairly present the financial position, the results of operations and changes in equity of each Reporting Subsidiary as of and for the respective dates and periods indicated therein in accordance with SAP applied on a consistent basis, except as set forth in the notes thereto or on Schedule 5.2(a).
All books of account of each Reporting Subsidiary fully and fairly disclose all of the transactions, properties, assets, investments, liabilities and obligations of such Reporting Subsidiary and all of such books of account are in the possession of each Reporting Subsidiary and are true, correct and complete in all material respects.
With respect to reporting for Excluded Subsidiaries, no financial statements shall be required for any Immaterial Reporting Subsidiary, unless all such Immaterial Reporting Subsidiaries, taken together, own or contribute more than 10% of Consolidated EBITDA or gross assets for the Borrower and its Consolidated Subsidiaries (including Excluded Subsidiaries).
Within thirty (30) days after the end of each month, the Corporation shall, and shall cause each Financial Reporting Subsidiary to, provide to each Holder true and complete copies of its unaudited financial statements for such month, which will include a balance sheet, statement of income, statement of cash flows, and statements of stockholders equity prepared in conformity with GAAP.