The Court of Criminal Appeals concluded that "the circumstantial and forensic evidence offered at trial not only failed to connect" Mr. Farris with the murder, but it "also failed in nearly all material respects to confirm the testimony" of the two key witnesses against Mr. Farris.
Prices had to fall sharply before speculators could be found who were willing to bet that the financial statements really did, in the boilerplate words of the auditor's letter, "present fairly, in all material respects, the financial position of Sino-Forest Corporation". Sino-Forest Corporation
The other stated its opinion that Enron's financial reports "present fairly, in all material respects, the financial condition" of the company and its subsidiaries.
The auditor's letter in every annual report certifies that the statements therein "present fairly, in all material respects, the financial position" of the company, "in conformity with accounting principles generally accepted in the United States of America".
Instead, the boilerplate one-page pass/fail report in America merely provides "reasonable assurance" that a company's statements "present fairly, in all material respects, the financial position of [the company] in conformity with generally accepted accounting principles (GAAP)".
That law was added as part of the Sarbanes-Oxley Act and requires chief executives and chief financial officers of public companies to certify to the S.E.C. that information in quarterly and annual reports "fairly presents, in all material respects, the financial condition and results of operations of the issuer".
That sort of structure allows those team members who may need more income on an annual basis to receive it, without changing in any material respects the overall economic allocation of the fund's profits among the team members.
Thus, this type of optimization achieves the optimal structural geometry, the shape that leads to the minimum requirement of material, respecting constraints related to the stress state at each material point.
In this regard, topology optimization aims for achieving the optimal structural geometry, i.e. the shape that leads to the minimum requirement of material, respecting constraints related to the stress state at each material point.
At the time of closing, this covenant must not have been breached in any material respect.
