Examples of Spinco Financial Statements in a sentence
The Spinco Financial Statements were derived from the books and records of Burgundy, its Subsidiaries and Taiwan Chlorine Industries, Ltd.
All material Taxes of or with respect to any Spinco Entity, the Spinco Assets or the Spinco Business, whether or not shown as due on such Tax Returns, have been paid, or adequate reserves therefor in accordance with GAAP have been provided on the Spinco Financial Statements.
The Spinco Financial Statements and such other financial statements have been or will be prepared in accordance with past practice and GAAP, and on a consistent basis, except as otherwise noted therein.
Except as disclosed in the Xxxxxxx-Xxxxxx Filed SEC Reports or the Spinco Financial Statements, as required by a Governmental Entity or as required by changes in GAAP as concurred by Spinco’s independent public accountants, Spinco shall not change its methods of accounting in effect at October 1, 2005 (including procedures with respect to revenue recognition, payments of accounts payable and collection of accounts receivable).
Each of the Spinco Financial Statements (including the related notes) fairly presents, in all material respects, the consolidated financial position and consolidated results of operations and cash flows of Spinco and its consolidated Subsidiaries as of the respective dates or for the respective periods set forth therein, all in conformity with GAAP consistently applied during the periods involved except as otherwise noted therein.