Examples of April Balance Sheet in a sentence
Seller reasonably believes that the accruals and reserves for product warranty and other post-sale services identified on the April Balance Sheet and on Schedule 3.
The billed and unbilled Receivables reflected on the April Balance Sheet are, and the billed and unbilled Receivables reflected on the Final Closing Net Asset Statement will be, bona fide receivables, accounted for in accordance with GAAP and were or will be collectible from customers in the ordinary course of business, subject to any reserves for uncollectibility or doubtful accounts reflected on the April Balance Sheet or the Final Closing Net Asset Statement, as the case may be.
To Seller's knowledge, except to the extent set forth in the Adjusted April Balance Sheet or the Disclosure Schedule, and except for liabilities and obligations incurred in the ordinary course consistent with past practice, there are no liabilities or obligations (of any nature, whether absolute, accrued, contingent or otherwise) of or relating to, the Business or the Assets.
Seller has delivered to Buyer (a) the unaudited balance sheet and the related unaudited statement of operations of the Business as of and for the year ended June 30, 1999 and (b) the unaudited balance sheet (the "April Balance Sheet") and the related unaudited statement of operations of the Business as of and for the ten-month period ended April 30, 2000 (such financial statements, including the notes thereto, hereinafter being referred to as the "Financial Statements").
ECI has no liabilities of any nature, whether absolute, contingent or otherwise, except as set forth in the April Balance Sheet, other than (i) liabilities incurred after the Balance Sheet Date in the ordinary course of business and (ii) miscellaneous liabilities that do exceed $7,000 in the aggregate.