Year-End Financial Statements definition
Examples of Year-End Financial Statements in a sentence
The Financial Statements have been prepared in accordance with GAAP applied on a consistent basis throughout the period involved, subject, in the case of the Interim Financial Statements, to normal and recurring year-end adjustments (the effect of which will not be materially adverse) and the absence of notes (that, if presented, would not differ materially from those presented in the Year-End Financial Statements).
The Year-End Financial Statements, including the notes thereto, have been prepared from the books and records of Seller and its affiliated companies and present fairly in all material respects the financial position of Seller and its affiliated companies as of the date thereof and the results of operations and cash flows of Seller and its affiliated companies for the fiscal year then ended.
There are no Liabilities of the Company or the Company Subsidiaries other than Liabilities (a) reflected or reserved against on the Audited Year-End Financial Statements, including any notes thereto or (b) incurred since the Balance Sheet Date in the ordinary course of business consistent with past practice.
The Year-End Financial Statements and the Interim Financial Statements (collectively, the "Financial Statements") are attached as Schedule 5.5 to this Agreement.
In the case of JIS, it has delivered to Judge, and in the case of Judge, it has delivered to JIS, (i) its consolidated balance sheets at December 31, 1995 and 1994, (ii) its related statements of operations, changes in stockholders' equity and cash flows for the three years then ended, and (iii) all related notes and schedules, all of which (the "Year-End Financial Statements") have been audited by an independent public accountant.