Common use of Delivery of Audited Financial Statements Clause in Contracts

Delivery of Audited Financial Statements. At or prior to the Closing, Shareholders shall have delivered to OneSource the Company's Balance Sheets as of December 31, 2002 and December 31, 2003, and the Company's Statements of Operations, Statements of Shareholders' Equity, and Statements of Cash Flows for the two years ended December 31, 2003, and all related schedules and notes to the foregoing, as audited and reported on by independent public accountants selected by OneSource in its sole discretion; provided that OneSource shall pay all fees and expenses of such accountants in connection with such audit. Such audited financial statements shall be satisfactory in form and substance to OneSource, in its sole discretion.

Appears in 2 contracts

Sources: Merger Agreement (Onesource Technologies Inc), Merger Agreement (Onesource Technologies Inc)