Unaudited Interim Financial Statements. The Company has delivered to the Purchaser all unaudited consolidated balance sheet for the Company and its Subsidiaries at March 31, 1999, and the related unaudited consolidated statement of operations and cash flows and changes in stockholder's equity for the six (6) months ending March 31, 1999 (the "Interim Statements"). The Interim Statements have been prepared in conformity with GAAP applied oil a consistent basis except for (I) changes, if any, disclosed therein (except for the absence of notes and normal year-end adjustments consistent with past practices) and (ii) Information in the Interim Statements concerning EBITDA, which is not determined in accordance with GAAP. The statement of operations presents fairly the results of operations of the Company and its Subsidiaries for the PERIOD covered, and the balance sheet presents fairly in all material respects the financial condition of the Company as of the respective date of such balance sheet.
Appears in 1 contract
Sources: Stock Purchase Agreement (Communication Telesystems International)
Unaudited Interim Financial Statements. The Company has delivered to the Purchaser all an unaudited consolidated balance sheet for the Company and its Subsidiaries at March October 31, 19991998 and November 30, 1998, and the related unaudited consolidated statement statements of operations and cash flows and changes in stockholder's equity for the six (6) months ending March 31, 1999 periods then ended (the "Interim StatementsINTERIM STATEMENTS"). The Interim Statements have been prepared in conformity with GAAP applied oil on a consistent basis except for (Ii) changes, if any, disclosed therein (except for the absence of notes and normal year-end adjustments consistent with past practices) and (ii) Information information in the Interim Statements concerning EBITDA, which is not determined in accordance with GAAP. The statement statements of operations presents present fairly the results of operations of the Company and its Subsidiaries for the PERIOD period covered, and the balance sheet presents sheets present fairly in all material respects the financial condition of the Company as of the respective date of such each balance sheet.
Appears in 1 contract
Sources: Stock Purchase Agreement (Communication Telesystems International)
Unaudited Interim Financial Statements. The Company has delivered to the Purchaser all an unaudited consolidated balance sheet for the Company and its Subsidiaries at March 31June 30, 1999, and the related unaudited consolidated statement of operations and cash flows and changes in stockholder's equity for the six nine (69) months ending March 31June 30, 1999 (the "Interim StatementsINTERIM STATEMENTS"). The Interim Statements have been prepared in conformity with GAAP applied oil on a consistent basis except for (Ii) changes, if any, disclosed therein (except for the absence of notes and normal year-end adjustments consistent with past practices) and (ii) Information information in the Interim Statements concerning EBITDA, which is not determined in accordance with GAAP. The statement of operations presents fairly the results of operations of the Company and its Subsidiaries for the PERIOD period covered, and the balance sheet presents fairly in all material respects the financial condition of the Company as of the respective date of such balance sheet.
Appears in 1 contract
Sources: Stock Purchase Agreement (Communication Telesystems International)