SHB Financial Statements definition

SHB Financial Statements means (a) the consolidated balance sheets (including related notes and schedules, if any) of SHB as of December 31, 2000, 2001, 2002 and the related statements of income, changes in shareholders' equity, and cash flows (including related notes and schedules, if any) for each of the three fiscal years ended December 31, 2000, 2001, and 2002, included in the SHB Disclosure Memorandum, and (b)the consolidated balance sheets (including related notes and schedules, if any) of SHB and related statements of income, changes in shareholders' equity, and cash flows (including related notes and schedules, if any) with respect to periods ended subsequent to December 31, 2002. <PAGE>

Examples of SHB Financial Statements in a sentence

  • Except as disclosed in Section 5.10 of the SHB Disclosure Memorandum or as disclosed or reserved against in the SHB Financial Statements, the SHB Companies have good and marketable title, and to the Knowledge of SHB, free and clear of all Liens, to all of their respective Assets indicated as owned by the respective Company as of the date of the respective SHB Statement.

  • As of the date of this Agreement, to the knowledge of SHB, there is no audit examination, deficiency or refund Litigation with respect to any Taxes that is reasonably likely to result in a determination that would have, individually or in the aggregate, a Material Adverse Effect on SHB, except as reserved against in the SHB Financial Statements delivered prior to the date of this Agreement or as disclosed in Section 5.8(a) of the SHB Disclosure Memorandum.