Unqualifiedly Certified

Example Definitions of "Unqualifiedly Certified"
Unqualifiedly Certified. When used in connection with audited financial statements, means the certification thereof without any qualification, limitation, exception or explanatory material that would (i) call into question or express substantial doubt about the ability of the Company to continue as a going concern, as discussed in the American Institute of Certified Public Accounting's Statement on Auditing Standard Number 59, (ii) relate to the limited scope of examination of matters relevant to such financial... statements or (iii) relate to the treatment or classification of any item in such financial statements and, which as a condition of its removal would require an adjustment to such item the effect of which would be to cause the occurrence of a Default or Event of Default View More
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