Examples of Balance Sheet Date in a sentence
Since the Balance Sheet Date, and other than in the ordinary course of business consistent with past practice, there has not been, with respect to the Company, any change, event, condition, or development that is, or could reasonably be expected to be, individually or in the aggregate, materially adverse to the business, results of operations, condition (financial or otherwise), or assets of the Company.
The Company has no liabilities, obligations, or commitments of any nature whatsoever, whether asserted, known, absolute, accrued, matured, or otherwise (collectively, “Liabilities”), except: (a) those which are adequately reflected or reserved against in the Balance Sheet as of the Balance Sheet Date; and (b) those which have been incurred in the ordinary course of business consistent with past practice since the Balance Sheet Date and which are not, individually or in the aggregate, material in amount.
Except as set forth in Section 4.18 of the Disclosure Schedules, the Company is the sole and exclusive owner of, and has good and valid title to, or a valid leasehold or other contractual interest in, as applicable, all of the assets reflected on the Financial Statements, except for assets that have been disposed of in the Ordinary Course of Business since the Balance Sheet Date, free and clear of all Encumbrances except for Permitted Encumbrances.
Except as specifically contemplated by the Transaction Documents or as agreed upon by the Purchaser with the prior written consent, since the Balance Sheet Date, each Group Company has operated its businesses and assets in the ordinary course of business in all material respects.
Since the Balance Sheet Date, the Company has conducted the business in the Ordinary Course consistent with past practices.