Common use of Unaudited Interim Financial Statements Clause in Contracts

Unaudited Interim Financial Statements. Seller has delivered to Buyer an unaudited balance sheet for the Business at March 31, 1997 and the related statement of operations for the three-month period then ended, an unaudited balance sheet for the Business at June 27, 1997 and the related statement of operations for the six-month period then ended, an unaudited statement of operations for the three-month period ended March 31, 1997 and an unaudited statement of operations for the six-month period ended June 27, 1997. All such financial statements have been prepared in conformity with GAAP applied on a consistent basis. Such statements of operations present fairly the results of operations of the Business for the respective periods covered, and such balance sheets present fairly the financial condition of the Business as of their respective dates. Seller has made available to Buyer copies of all material reports and working papers produced or developed by management in connection with their preparation of such financial statements. Since June 27, 1997, there has been no change in any of the accounting policies, practices or procedures of Seller or Company.