Common use of Financial Statements and Books and Records Clause in Contracts

Financial Statements and Books and Records. The Company has previously delivered to the Buyer a copy of the following consolidated financial statements: the balance sheet of the Company as at December 28, 1996 and June 30, 1997, and the related results of operation and statement of cash flows for the periods then ended (the "Financial Statements"). Copies of the Financial Statements are annexed as Schedule 2.14 hereto. The Financial Statements are true and accurate, are in accordance with the books and records of the Company and present fairly in all material respects the financial position and related results of operations of the Company and the Subsidiaries as of the times and for the periods referred to herein, in accordance with U.S. generally accepted accounting principles consistently applied throughout the periods covered thereby ("GAAP"). All of the financial books and records of the Company have been made available to the Buyers.