Common use of Management Accounts Clause in Contracts

Management Accounts. The Management Accounts have been carefully prepared on a basis consistent with the Accounts, fairly reflect the trading position of each Group Company as at their date and for the period to which they relate and are not affected by any extraordinary, exceptional, unusual or non-recurring income, capital gain or expenditure or by any other factor known by the Warrantors rendering profits or losses for the period covered exceptionally high or low.

Appears in 1 contract

Sources: Shareholder Agreement (Activision Inc /Ny)

Management Accounts. The Management Accounts have been carefully prepared on a basis consistent with the Accounts, fairly reflect the trading position of each Group Company as at their date and for the period to which they relate and are not affected by any extraordinary, exceptional, exceptional or unusual or non-recurring income, capital gain or expenditure or by any other factor known by the Warrantors rendering profits or losses for the period covered exceptionally high or low.

Appears in 1 contract

Sources: Share Purchase Agreement (Enodis PLC)

Management Accounts. The Management Accounts have been carefully prepared on a basis consistent with the Accounts, fairly reflect the trading position of each Group the Company as at their date and for the period to which they relate and are not affected by any extraordinary, exceptional, unusual or non-recurring income, capital gain or expenditure or by any other factor known by the Warrantors rendering profits or losses for the period covered exceptionally high or low.

Appears in 1 contract

Sources: Share Purchase Agreement (Activcard Corp)

Management Accounts. The Management Accounts have been carefully prepared on a basis consistent with the Accounts, fairly reflect the trading position of each Group Target Company and the Comtek Business as at their date and for the period to which they relate and are not affected by any extraordinary, exceptional, unusual or non-recurring income, capital gain or expenditure or by any other factor known by the Warrantors rendering Vendor to render profits or losses for the period covered exceptionally high or low.

Appears in 1 contract

Sources: Share Purchase Agreement (Powerwave Technologies Inc)

Management Accounts. 13.1 The Management Accounts have been carefully prepared on a basis consistent with the Accounts, fairly reflect with material accuracy the trading position of each Group the Company as at their date and for the period to which they relate relate, and are not affected by any extraordinary, exceptional, unusual or non-non recurring income, capital gain or expenditure or by any other factor known by the Warrantors rendering profits or losses for the period covered exceptionally high or low.

Appears in 1 contract

Sources: Share Purchase Agreement (Utah Medical Products Inc)