Acquired Business Balance Sheet definition

Acquired Business Balance Sheet. The balance sheet as at July 31, 2000 or, if available prior to the Closing, the balance sheet as at the date provided for in Section 8.1(15) included in the Unaudited Financial Statements of the Acquired Business, excluding the Excluded Assets.
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Acquired Business Balance Sheet means the unaudited balance sheet relating to the assets and liabilities of the Acquired Business as of March 31, 2003, prepared in accordance with the Applicable Accounting Principles.
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Acquired Business Balance Sheet means the unaudited combined statement of assets and liabilities as of December 31, 1995 for the Acquired Business.
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Examples of Acquired Business Balance Sheet in a sentence

  • Except for Liabilities reflected on the Acquired Business Balance Sheet or incurred subsequent to the date thereof in the ordinary course of operation of the Acquired Business, there are no Liabilities of the Acquired Business that would individually or in the aggregate have a Material Adverse Effect.

  • The Acquired Business Balance Sheet in accordance with the Applicable Accounting Principles and the unaudited statement of profit and loss for the Acquired Business for the three months ended March 31, 2003 have been prepared in accordance with the Applicable Accounting Principles and accurately reflect the financial position and results of operations of the Acquired Business, as of and for the period then ended.

  • Except for the Liabilities incurred subsequent to the date of the Acquired Business Balance Sheet in the ordinary course of operation of the Acquired Business, there are no liabilities or obligations of the Acquired Business of the type required to be disclosed or provided for on the Acquired Business Balance Sheet in accordance with the Applicable Accounting Principles that have not been disclosed on the Acquired Business Balance Sheet.

  • All accounts receivable of EHGI reflected in the Acquired Business Balance Sheet represent transactions in the ordinary course of business, and are collectible, net of any reserves.

  • EHGI has no Liabilities relating to or affecting the Acquired Business or the Acquired Assets which are not, to the extent required by GAAP (as qualified in Section 1.48 above), adequately reflected or reserved against on the face of the Acquired Business Balance Sheet, except Liabilities incurred since the date of the Acquired Business Balance Sheet in the ordinary course of business of the Acquired Business and consistent with past practice.

  • Items included in EHGI's Inventories are carried on the books of EHGI, and are valued on the Acquired Business Balance Sheet consistent with GAAP (as qualified in Section 1.48 above).

  • All Inventories of EHGI reflected in the Acquired Business Balance Sheet are of quality and quantity usable and salable in the ordinary course of business except for obsolete items and items of below-standard quality, all of which, in the aggregate, are immaterial in amount.

  • The Seller has no Liabilities relating to or affecting the Acquired Business or the Acquired Assets which are not adequately specified or reserved against on the Acquired Business Balance Sheet, except Liabilities incurred since the date of the Acquired Business Balance Sheet in the ordinary course of business of the Acquired Business and consistent with past practice.

  • Except as set forth on the Acquired Business Disclosure Document, since the date of the Acquired Business Balance Sheet, the Seller has taken no actions that would be prohibited pursuant to the provisions of this Agreement (without the prior consent of the Purchaser) after the date of this Agreement.

  • Seller further represents that all assets and liabilities of Eltrax Belgium of the type included in the Acquired Assets and Assumed Liabilities, have been transferred to Purchaser or will be transferred to Purchaser prior to the Closing and are reflected in the Acquired Business Balance Sheet.


More Definitions of Acquired Business Balance Sheet

Acquired Business Balance Sheet shall have the meaning attributed thereto in Section 3.10.
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Acquired Business Balance Sheet. The most recent Balance Sheet included in the Unaudited Financial Statements of the Acquired Business.
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Acquired Business Balance Sheet. The balance sheet as of September 30, 2000, included in the Unaudited Financial Statements of the Acquired Business.
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Acquired Business Balance Sheet. The most recent Balance Sheet or (at Seller's discretion) a current independent third party appraisal providing an outside valuation of the Acquired Assets and Acquired Business.
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Acquired Business Balance Sheet. The balance sheet as of August 31, 2000.
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Related to Acquired Business Balance Sheet

  • Company Balance Sheet means the consolidated balance sheet of the Company and its Subsidiaries as of December 31, 2016 and the footnotes thereto set forth in the Company’s annual report on Form 10-K for the fiscal year ended December 31, 2016.

  • SpinCo Balance Sheet means the pro forma combined balance sheet of the SpinCo Business, including any notes and subledgers thereto, as of June 30, 2018, as presented in the Information Statement made available to the Record Holders.

  • Acquired Business means the entity or assets acquired by the Borrower or a Subsidiary in an Acquisition, whether before or after the date hereof.

  • Interim Balance Sheet has the meaning set forth in Section 3.06.

  • Interim Balance Sheet Date has the meaning set forth in Section 3.06.

  • Latest Balance Sheet Date has the meaning set forth in Section 3.10.

  • Balance Sheets has the meaning set forth in Section 4.5(a).

  • Audited Company Balance Sheet means the consolidated balance sheet (and the notes thereto) of the Company and its consolidated Subsidiaries as of December 31, 2020, set forth in the Company’s Annual Report on Form 10-K filed by the Company with the SEC for the fiscal year ended December 31, 2020.

  • Company Balance Sheet Date means December 31, 2016.

  • Latest Balance Sheet has the meaning set forth in Section 3.4(a).

  • Unaudited Interim Balance Sheet shall have the meaning specified in Section 2.4(a)(iii) of the Agreement.

  • Closing Balance Sheet has the meaning set forth in Section 2.4(a).

  • Reference Balance Sheet Date is defined in Section 3.5.

  • Off-Balance Sheet Arrangement means any transaction, agreement or other contractual arrangement to which an entity unconsolidated with the Borrower is a party, under which the Borrower has:

  • Parent Balance Sheet Date shall have the meaning assigned to it in Section 5.13 hereof.

  • Balance Sheet Date has the meaning set forth in Section 3.06.

  • Closing Date Balance Sheet has the meaning specified in Section 2.7.

  • SEC Off-Balance Sheet Rules means the Disclosure in Management’s Discussion and Analysis About Off-Balance Sheet Arrangements, Securities Act Release No. 33-8182, 68 Fed. Reg. 5982 (Feb. 5, 2003) (codified at 17 CFR pts. 228, 229 and 249).

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • Pro Forma Balance Sheet as defined in Section 4.1(a).

  • Most Recent Balance Sheet Date has the meaning set forth in Section 3.6(a).

  • Off-Balance Sheet Liabilities of any Person shall mean (i) any repurchase obligation or liability of such Person with respect to accounts or notes receivable sold by such Person, (ii) any liability of such Person under any Sale-Leaseback Transactions that do not create a liability on the balance sheet of such Person, (iii) any obligation under a Synthetic Lease or (iv) any obligation arising with respect to any other transaction which is the functional equivalent of or takes the place of borrowing but which does not constitute a liability on the balance sheet of such Person.

  • Unaudited Balance Sheet has the meaning set forth in Section 3.4(a)(ii).

  • Current Balance Sheet Date means September 30, 1996.

  • Balance Sheet has the meaning set forth in Section 3.06.

  • Consolidated Financial Statements means, with respect to any Person, collectively, the consolidated financial statements and notes to those financial statements, of that Person and its Consolidated Subsidiaries prepared in accordance with GAAP.