Initial Financial Statements definition

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.

Initial Financial Statements means (a) the consolidated balance sheet of the Company as at September 30, 1996 and the related consolidated statements of income (operations), cash flows and stockholders' equity for the Company's nine-month period ended September 30, 1996, and (b) the Current Balance Sheet and the related unaudited consolidated statements of income (operations), cash flows and stockholders' equity for the nine-month period ended on the Current Balance Sheet Date.

Initial Financial Statements means (a) the balance sheets of the Company as at December 31, 1997 and March 31, 1998 and the related reviewed statements of operations and retained earnings for each of the Company's two fiscal years in the period ended December 31, 1997, and (b) the Current Balance Sheet and the related statement of income for the Company's fiscal year ended December 31, 1997, which the Company has delivered to RW prior to the date hereof.

Examples of Initial Financial Statements in a sentence

• The Initial Financial Statements were prepared in accordance with GAAP, subject, in the case of unaudited financial statements, to changes resulting from normal year-end adjustments and absence of footnotes.

• Except as disclosed in the Initial Financial Statements or in the Disclosure Schedule, no Termination Event has occurred with respect to any ERISA Plan and all ERISA Affiliates are in compliance with ERISA in all material respects.

• All accounting terms not specifically or completely defined herein shall be construed in conformity with, and all financial data (including financial ratios and other financial calculations) required to be submitted pursuant to this Agreement shall be prepared in conformity with, GAAP applied on a consistent basis, as in effect from time to time, applied in a manner consistent with that used in preparing the Initial Financial Statements, except as otherwise specifically prescribed herein.

• The Initial Financial Statements fairly present in all material respects the Borrower’s Consolidated financial position at the date thereof, the Consolidated results of the Borrower’s operations for the periods thereof and the Borrower’s Consolidated cash flows for the period thereof.

More Definitions of Initial Financial Statements

Initial Financial Statements means (a) the audited Consolidated financial statements for the Borrower including the related Consolidated balance sheets and related statements of income, partners’ equity and cash flow with respect to the Borrower, for the Fiscal Year ended December 31, 2012 and (b) the unaudited Consolidated financial statements for the Borrower including the related Consolidated balance sheets and related statements of income, partners’ equity and cash flow with respect to the Borrower, for the Fiscal Quarters ended March 31, 2013, June 30, 2013 and September 30, 2013.

Initial Financial Statements means the audited annual financial statements of the Company dated as of December 31, 1999, and unaudited quarterly financial statements, including balance sheets of the Company and statements of income and changes in cash flow, for the period ended June 30, 2000.

Initial Financial Statements means the audited annual combined financial statements of Borrower dated as of and for the period ending on December 31, 2007.

Initial Financial Statements means (i) the audited annual Consolidated financial statements of Parent dated as of December 31, 1997, (ii) the unaudited quarterly Consolidated financial statements of Parent dated as of June 30, 1998, (iii) the unaudited balance sheet of Inland Refining as of June 30, 1998, and (iv) other financial statements of Inland Refining from date of incorporation to June 30, 1998.

Initial Financial Statements shall have the meaning given such term in Section 6.1 of the Credit Agreement.

Initial Financial Statements means (a) the Initial Borrower Financial Statements, (b) the Initial ETP Financial Statements and (c) the Initial Regency Financial Statements.

Initial Financial Statements means the audited balance sheets of the Company at December 31, 1997 and 1996 and the related audited statements of income, stockholders' equity and cash flows for each of the Company's three fiscal years in the three-year period ended December 31, 1997, together with the related audit report of Arthur Andersen LLP.