Adjusted Closing Balance Sheet definition

Adjusted Closing Balance Sheet has the meaning set forth in Section 2(d)(iv) below.
Adjusted Closing Balance Sheet as used in this Agreement, shall mean the definitive Closing Balance Sheet agreed to (or deemed agreed to) by HarnCo and Investor under Section 2(d)(iii) or, if Unresolved Changes are submitted to the Neutral Auditors, such definitive Closing Balance Sheet, as adjusted to reflect the determination of the Neutral Auditors under this Section 2(d)(iv).
Adjusted Closing Balance Sheet shall be (i) the Closing Balance Sheet in the event that (A) no Buyer's Objection is delivered to Seller during the 60-day period specified above, or (B) Seller and Buyer so agree, (ii) the Closing Balance Sheet, adjusted in accordance with Buyer's Objection in the event that (A) Seller does not respond to Buyer's Objection within the 30-day period following receipt by Seller of Buyer's Objection or (B) Seller and Buyer so agree, or (iii) the Closing Balance Sheet, adjusted in accordance with the mutual agreement of Seller and Buyer or (iv) the Closing Balance Sheet, as adjusted by the CPA Firm.

Examples of Adjusted Closing Balance Sheet in a sentence

  • If the consolidated Net Worth set forth on the SEB Adjusting Closing Balance Sheet exceeds $225,000,000, then SEB shall pay to each of HCS and IB, in cash, an amount equal to 50% of the amount by which the such consolidated Net Worth exceeds $225,000,000, within ten days after the date the SEB Adjusted Closing Balance Sheet is determined and provided to the parties.

  • The Adjusted Closing Balance Sheet for the Seller shall show the Seller's "Adjusted Net Asset Value at Closing," which shall be the amount by which the Seller's total assets exceed the Seller's total liabilities, as reflected on the Adjusted Closing Balance Sheet.

  • The Adjusted Closing Balance Sheet for the Seller shall be created by deleting from the Closing Balance Sheet of Seller the Retained Assets and the Retained Liabilities.

  • As of and from the Closing Date, Buyer shall assume certain of Seller's obligations and liabilities, limited, however to those liabilities reflected on the Adjusted Closing Balance Sheet and expressly agreed in writing to be assumed by Buyer (the "Assumed Liabilities").

  • At the Closing, the Seller shall deliver an estimated balance sheet dated as of May 17, 2006, (a "Closing Balance Sheet"), and an adjusted balance sheet for the Seller dated as of May 18, 2006 (the "Adjusted Closing Balance Sheet").


More Definitions of Adjusted Closing Balance Sheet

Adjusted Closing Balance Sheet shall have the meaning set forth in Section 3.2 of the Agreement.
Adjusted Closing Balance Sheet shall have the meaning set forth in ------------------------------ Section 2.3(b).
Adjusted Closing Balance Sheet shall have the meaning set forth in Section 2.7(b).
Adjusted Closing Balance Sheet as defined in Section 2.5(b).
Adjusted Closing Balance Sheet has the meaning given that term in Section 2.6(a).
Adjusted Closing Balance Sheet shall have the meaning set forth in Section 4.3(a).
Adjusted Closing Balance Sheet has the meaning set forth in Section 2.3(a).