Examples of Actual Closing Balance Sheet in a sentence
Buyer and the Transferred Companies shall be entitled to retain, or receive immediate payment from Seller of, any refund or credit arising with respect to any of the Transferred Companies relating to Taxes with respect to any taxable period (or portion thereof) beginning after the Closing Date, any refund or credit included in the Final Actual Closing Balance Sheet and any refund or credit of any Taxes allocated to Buyer pursuant to Section 5.13.
The Actual Closing Balance Sheet and the Working Capital Adjustment shall be prepared in accordance with GAAP in a manner consistent with past practice of the Company.
The parties hereto agree that the Company shall accrue an incentive bonus payment of $3,300,000 and an income tax benefit of $1,245,750 during the third quarter of fiscal year 2005 and shall reflect such accruals on the Estimated Closing Balance Sheet, the Actual Closing Balance Sheet and the Closing Balance Sheet.
To see one must have visual impressions that one understands.”197 To understand, one must have perception, which is gathered through active sensory experience.
All Accounts Receivable reflected on the Most Recent Balance Sheet and in the records and books of account of the Company since the Most Recent Balance Sheet Date through the Closing Date, including, but not limited to, those Accounts Receivable reflected on the Actual Closing Balance Sheet, represent legal, valid, binding and Enforceable obligations to the Company and are not subject to any contests, claims, counterclaims or setoffs.