Updated Financial Statements definition

Updated Financial Statements has the meaning specified in Section 6.3(a).

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Updated Financial Statements means financial statements delivered pursuant to Section 6.13 or Section 6.17.

Updated Financial Statements has the meaning set forth in Section 7.7 hereof.

Examples of Updated Financial Statements in a sentence

All Updated Financial Statements were prepared in accordance with GAAP as in effect on the date thereof.
The Financial Statements (including notes and schedules) are (or will be, in the case of the Updated Financial Statements) in accordance with the books and records of the Company.
The Updated Financial Statements will present fairly the combined financial position, results of operations and cash flows of the Company and its Subsidiaries for the periods and dates covered thereby and will be prepared in accordance with GAAP, consistently applied, except for the absence of notes required in connection with unaudited statements.
No later than 10 business days following the Agreement Date, the Company shall deliver to Acquiror the Company Updated Financial Statements.
The Updated Financial Statements (i) shall be prepared from the books and records of Fortis and shall be consistent with the books and records of Fortis, (ii) shall be prepared in accordance with GAAP, consistently followed throughout the periods indicated, (iii) shall be unaudited and (iv) shall present fairly, in all material respects, the financial condition, results of operations, stockholders’ equity and cash flows of Fortis, as of the respective dates thereof and for the periods referred to therein.

More Definitions of Updated Financial Statements

Updated Financial Statements means (a) the audited annual Consolidated financial statements of Petroleum and Mesa and their respective Consolidated Subsidiaries dated as of December 31, 1996, and (b) the unaudited Consolidated financial statements and unaudited consolidating balance sheets and statements of operations of Petroleum and Mesa and their respective Consolidated Subsidiaries prepared in reasonable detail in accordance with GAAP and dated as of March 31, 1997.

Updated Financial Statements has the meaning ascribed thereto in Section 6.17.

Updated Financial Statements shall have the meaning ascribed to such term in Section 7.17(b).

Updated Financial Statements means the audited annual Consolidated financial statements of Borrower and its Consolidated Subsidiaries dated as of December 31, 1999.

Updated Financial Statements means (i) the 2017 Audited Financial Statements and (ii) for each fiscal quarter end occurring after December 31, 2017 and at least forty-five (45) days prior to the Closing Date, a management-prepared unaudited adjusted balance sheet of the Business and the related management-prepared unaudited adjusted combined statement of operations of the Business for such fiscal quarter-end, in each case prepared in accordance with GAAP, subject in each case to changes resulting from audit and normal year-end audit adjustment and to the absence of footnotes.

Updated Financial Statements means the historical financial statements of Faraday and its Subsidiaries identified in paragraph 3 of Annex IV of the Debt Commitment Letter as in effect on the date hereof (excluding the financial statements referred to in clause (i) of the definition of “Required Financial Information”).

Updated Financial Statements is defined in Section 3.1(c). [*] = Certain confidential information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) would likely cause competitive harm to the company if publicly disclosed.