Seller Audited Financial Statements definition

Seller Audited Financial Statements has the meaning set forth in Section 5.11(b).

Seller Audited Financial Statements has the meaning set forth in Section 2.3.

Seller Audited Financial Statements has the meaning set forth in Section 4.6.

Examples of Seller Audited Financial Statements in a sentence

• Seller has previously delivered to Buyer audited Financial Statements of Seller as at December 31, 2020 ( "Seller Audited Financial Statements").

• The Seller Audited Financial Statements present fairly, in all material respects, the financial position, statements of operations and comprehensive income, members' equity and cash flows of Seller’s as of the date thereof and for the applicable period covered thereby.

• The Seller Audited Financial Statements have been prepared in accordance with GAAP consistently applied throughout the periods involved (except as may be stated therein or in the notes thereto).

• The Initial Seller Audited Financial Statements and the Seller Unaudited Financial Statements shall comply with the rules and regulations of the SEC, and Seller shall use all commercially reasonable efforts to cause its independent registered public accountants to perform a SAS 100 review of the Seller Unaudited Financial Statements.

• The Seller Audited Financial Statements present fairly, in all material respects, the financial position, statements of operations and comprehensive income, members' equity and cash flows of Seller as of the date thereof and for the applicable period covered thereby.

More Definitions of Seller Audited Financial Statements

Seller Audited Financial Statements has the meaning set forth in Section 5.9(b). “Seller Confidentiality Agreement” means the letter agreement, dated October 22, 2004, among Seller, Friendco and TWX, as amended by the letter agreement, dated November 9, 2004, the letter agreement, dated January 7, 2005, and the letter agreement dated as of the date hereof.

Seller Audited Financial Statements as well as a notice reflecting the determination of the amount of the Seller Net Working Capital (the “Seller Net Working Capital Notice”). The Shareholders shall have fourteen (14) days from the date of receipt of the Seller Net Working Capital Notice to either (i) accept the calculations and conclusions made in the Seller Net Working Capital Notice or (ii) give notice to the Bridgeline Software in writing that the Shareholders intend to dispute the amounts included in the Seller Net Working Capital Notice, and such notice shall set forth in reasonable detail the disputed amount and the basis for such dispute. Any such dispute by the Shareholders must be reasonable and made in good faith. If the Shareholders accept the amount of the Seller Net Working Capital set forth in the Seller Net Working Capital Notice, the adjustments set forth in Section 1.2(b) shall occur no later than five (5) days following acceptance of such computation.