Agreed Balance Sheet definition

Agreed Balance Sheet means the balance sheet of the Seller as at June 30, 2001 in the agreed form.
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Agreed Balance Sheet has the meaning specified in Section 2.3.
Sample 1
Agreed Balance Sheet means the balance sheet of the Company as at December 31, 2000 in the agreed form as reflected on Exhibit A hereto.
Sample 1

Examples of Agreed Balance Sheet in a sentence

  • The Agreed Balance Sheet shall be subject to a post-closing audit pursuant to Section 7.12.

  • In the event that the Stockholders' Equity of the Company as reflected on the Closing Balance Sheet is greater than the Stockholders' Equity of the Company as reflected on the Agreed Balance Sheet, then Purchaser shall remit such difference to Rota as an adjustment to the Rota Purchase Price within thirty (30) days.

  • The term "AR Valuation Principles" means the accounting principles set forth on Schedule 1(b) hereto used in the preparation of the May 31, 2000 Agreed Balance Sheet and to be used by Buying Group and Selling Group in determining the value of the Net Accounts Receivable.

  • Except as set forth in Section 3.06(a) of the Disclosure Schedule, the Pro Forma Balance Sheets have been prepared in accordance with the Agreed Balance Sheet Principles and reasonably present, in all material respects, the assets, liabilities and financial position of the Business as of such dates.

  • The term "Acquired Net Asset Value" shall mean the difference (positive or negative) between (a) the book value of the Purchased Assets, excluding (i) Net Accounts Receivable, and (ii) goodwill (if any) attributable to the Purchased Assets, and (b) the Balance Sheet Assumed Liabilities, all as reflected on the Closing Balance Sheet prepared in accordance with GAAP and consistent with the practices utilized in the preparation of the May 31, 2000 Agreed Balance Sheet.

  • The term "May 31, 2000 Agreed Balance Sheet" shall mean that certain unaudited consolidated balance sheet of the Business at May 31, 2000 prepared in accordance with GAAP and as agreed upon by Selling Group and Buying Group, a copy of which is attached hereto as Schedule 1(h).

  • Any amount by which the audited Net Worth of the Company is less than the Net Worth set forth in the Agreed Balance Sheet shall be paid by Seller to Buyer by wire transfer of immediately available funds within five (5) business days of the delivery of the audited Agreed Balance Sheet.

  • In the event that the Stockholders' Equity of the Company as reflected on the Closing Balance Sheet is less than the Stockholders' Equity of the Company as reflected on the Agreed Balance Sheet, then Rota shall remit such difference to Purchaser as a decrease in the Rota Purchase Price within thirty (30) days.

  • At the Closing, the Company shall neither own nor lease any personal property and furthermore shall not be subject to any obligations in connection therewith other than as specifically set forth on the Agreed Balance Sheet.

  • On or before the later of (i) March 1, 1999 or (ii) 60 days after the Closing Date, a certified public accounting firm selected jointly by Buyer and Seller shall audit the Agreed Balance Sheet.


More Definitions of Agreed Balance Sheet

Agreed Balance Sheet means the combined balance sheets of the Company and MW Watch SA as at December 31, 2003 attached hereto as Exhibit 1.
Sample 1
Agreed Balance Sheet means the annotated balancx xxxxx of the Company as at 31 December 2000 in the agreed form;
Sample 1

Related to Agreed Balance Sheet

  • Audited Balance Sheet means the audited balance sheet of the company prepared for the purposes of the Companies Acts for a financial year unless an audited consolidated balance sheet dealing with the state of affairs of the company and its subsidiary undertakings required to be dealt with in group accounts has been prepared for those purposes for the same financial year, in which case it means that audited consolidated balance sheet, and in that case all references to reserves shall be deemed to be references to consolidated reserves;

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

  • Interim Balance Sheet as defined in Section 3.4.

  • SpinCo Balance Sheet means the pro forma combined balance sheet of the SpinCo Business, including any notes and subledgers thereto, as of September 30, 2021, as presented in the Information Statement made available to the Record Holders.

  • Company Balance Sheet has the meaning set forth in Section 3.04(e).

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

  • Final Balance Sheet has the meaning set forth in Section 3.3(b).

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

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

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

  • Estimated Closing Balance Sheet has the meaning set forth in Section 2.6(a).

  • 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:

  • Unaudited Interim Balance Sheet shall have the meaning specified in Section 4.4(a)(ii) of the Agreement.

  • Preliminary Closing Balance Sheet shall have the meaning set forth in Section 2.3(c)(i).

  • Closing Date Balance Sheet has the meaning specified in Section 2.3(b).

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

  • Estimated Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a) hereof.

  • Reference Balance Sheet shall have the meaning set forth in Section 3.06(a).

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

  • Current Balance Sheet shall have the meaning set forth in Section 2.7.

  • Planned Balance With respect to any group of Planned Principal Classes or Components in the aggregate and any Distribution Date appearing in Schedule V hereto, the Aggregate Planned Balance for such group and Distribution Date. With respect to any other Planned Principal Class or Component and any Distribution Date appearing in Schedule V hereto, the applicable amount appearing opposite such Distribution Date for such Class or Component.

  • relevant balance sheet means the latest published audited consolidated balance sheet of the Group, but where the Company has no subsidiaries it means the balance sheet and profit and loss account of the Company and, where the Company has subsidiaries but there are no consolidated accounts of the Group, it means the respective balance sheets and profit and loss accounts of the companies comprising the Group;

  • 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 and leaseback transactions that do not create a liability on the balance sheet of such Person, (iii) any Synthetic Lease Obligation 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.

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

  • Most Recent Balance Sheet means the balance sheet contained within the Most Recent Financial Statements.