Common use of The Memorandum Clause in Contracts

The Memorandum. The balance sheets of the Company for the twelve months ended December 31, 2003 have been prepared in conformity with generally accepted accounting principles applied on a consistent basis, are consistent in all material respects with the books and records of the Company and accurately present in all material respects the financial position of the Company and its subsidiaries as of December 31, 2003. There has been no material adverse change in the financial condition or business or results of operations of the Company or its subsidiaries since December 31, 2003, except as disclosed in the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2004 and the Memorandum.

Appears in 1 contract

Sources: Stock Purchase Agreement (Stockeryale Inc)

The Memorandum. The balance sheets of the Company for the twelve nine months ended December 31September 30, 2003 2001 have been prepared in conformity with generally accepted accounting principles applied on a consistent basis, are consistent in all material respects with the books and records of the Company and accurately present in all material respects the financial position of the Company and its subsidiaries as of December 31September 30, 20032001. There has been no material adverse change in the financial condition or business or results of operations of the Company or its subsidiaries since December 31, 2003, except as disclosed in the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2004 and the Memorandum2001.

Appears in 1 contract

Sources: Stock Purchase Agreement (Stockeryale Inc)