Purchaser Financial Statements. The Purchaser has delivered to the Seller the following financial statements (collectively, the "Purchaser Financial Statements"): (i) the unaudited balance sheets of the Purchaser as of December 31, 2004, December 31, 2003 and December 31, 2002, and the related statements of income, retained earnings and cash flows for the years then ended. The Purchaser Financial Statements have been prepared in accordance with GAAP (except that the Purchaser Financial Statements do not have footnotes) and present fairly in all material respects the financial position of the Purchaser as of the respective dates thereof and the results of operations and cash flows of the Purchaser for the periods covered thereby.
Appears in 3 contracts
Sources: Asset Purchase Agreement (Local Matters Inc.), Asset Purchase Agreement (Local Matters Inc.), Asset Purchase Agreement (Local Matters Inc.)