Applicable Financial Statements means, as at any date, the most-recent audited financial statements of the Borrower delivered to the Lenders; provided that if immediately prior to the delivery to the Lenders of new audited financial statements of the Borrower a Material Adverse Change (the “Pre-existing MAC”) shall exist (regardless of when it occurred), then the “Applicable Financial Statements” as at said date means the Applicable Financial Statements in effect immediately prior to such delivery until such time as the Pre-existing MAC shall no longer exist.
Closing Financial Statements has the meaning set forth in Section 6.22.
Statutory Financial Statements means, with respect to any Party, the annual and quarterly statutory financial statements of such Party filed with the Governmental Body charged with supervision of insurance companies in the jurisdiction of domicile of such Party to the extent such Party is required by Applicable Law to prepare and file such financial statements.
Closing Date Financial Statements has the meaning set forth in Section 2.3(a)(i).
Historical Financial Statements means the audited consolidated balance sheets of the Borrower as of December 31, 2006 and December 31, 2005 and the audited consolidated statements of income, stockholders’ equity and cash flows of the Borrower for each of the fiscal years in the three year period ending on December 31, 2006.
Interim Statements means the quarterly financial statement of any insurance company as required to be filed with the Department, together with all exhibits or schedules filed therewith, prepared in conformity with SAP. References to amounts on particular exhibits, schedules, lines, pages and columns of such interim statements are based on the formats promulgated by the NAIC for 2012 interim statements for the applicable type of insurance company. If such format is changed in future years so that different information is contained in such terms or they no longer exist, it is understood that the reference is to information consistent with that recorded in the referenced item in the 2012 interim statement of the insurance company.
SOS Reports means the official reports from the Secretaries of State of each Collateral State, Chief Executive Office State and the Borrower State and other applicable federal, state or local government offices identifying all current security interests filed in the Collateral and Liens of record as of the date of such report.
Seller Financial Statements has the meaning set forth in Section 3.5(a).
Target Financial Statements has the meaning set forth in Section 3.4.
Interim Financial Statements has the meaning set forth in Section 3.06.
Buyer Financial Statements shall have the meaning set forth in Section 4.6.
Initial Financial Statements means, collectively, (a) the audited annual consolidated financial statements of the Borrower dated as of December 31, 2014 and (b) the unaudited quarterly consolidated financial statements of the Borrower dated as of September 30, 2015.
Borrower Financial Statements has the meaning assigned to such term in Section 4.4(a).
Statutory Statements has the meaning set forth in Section 3.6(a).
Financial Statements has the meaning set forth in Section 3.06.
Schedules means the schedules to this Agreement.
Required Financial Statements has the meaning assigned to such term in Section 5.04(2).
Monthly Financial Statements is defined in Section 6.2(c).
Company Reports has the meaning set forth in Section 3.08(a).
Current Financial Statements has the meaning given to such term in Section 5.9.
Audited Statements means the Consolidated balance sheets of the Borrower as at December 31, 2001, and the related Consolidated statements of income and cash flows of the Borrower for the fiscal year then ended, accompanied by the opinion thereon of the Borrower's independent public accountants.
Special Contract Attachments means any attachment to this Contract.
Closing Statements has the meaning set forth in Section 3.3(b).
Progress Reports The Progress Reports as required by the individual Task Work Orders issued pursuant to this Agreement. Responsible: Responsible or Responsibility means the financial ability, legal capacity, integrity and past performance of Contractor and as such terms have been interpreted relative to public procurements. See NYS Finance Law § 163(1)(c).
Purchaser Financial Statements shall have the meaning specified in Section 4.8.1.
Annual Financial Statements has the meaning set forth in Section 3.06.