AUDITED CLOSING BALANCE SHEET has the meaning specified in Section 2.7. -----------

AUDITED CLOSING BALANCE SHEET has the meaning specified in Section 2.6.

AUDITED CLOSING BALANCE SHEET means the audited consolidated balance sheet of Parent as of the Effective Time, prepared on a basis reasonably consistent with Parent's most recent audited quarterly consolidated balance sheet contained in the Parent SEC Reports, which has been reviewed and approved by Parent's auditors.

Examples of AUDITED CLOSING BALANCE SHEET in a sentence

The final determination of such disputed item(s) by the Independent Accountants shall be reflected on the Audited Closing Balance Sheet.
The cost of the Audited Closing Balance Sheet shall be paid by Global.
Conversely, the Purchase Price will be adjusted upward, on a dollar-for dollar basis, to reflect the increase, if any, in the total Working Capital as reflected on the Audited Closing Balance Sheet from the amount of Working Capital reflected on the Preliminary Closing Balance Sheet, provided, however, that in no event shall such upward adjustment exceed the total amount of any adjustment to the Purchase Price made pursuant to Section 2.6(b) above.
In the event that the Seller disputes any items on the Audited Closing Balance Sheet within ten days after Seller's receipt thereof, the parties shall jointly select and retain an independent "Big Six" accounting firm (the "INDEPENDENT ACCOUNTANTS") to review the disputed item(s) on the Audited Closing Balance Sheet.
If the Buyer does not deliver a Disagreement Notice within such 30-day period, the Audited Closing Balance Sheet, the Closing Adjusted Net Worth Schedule and the Closing Adjusted Net Worth shall be deemed to have been accepted by Buyer.

More Definitions of AUDITED CLOSING BALANCE SHEET

AUDITED CLOSING BALANCE SHEET has the meaning set forth in Section 6.28(d).

AUDITED CLOSING BALANCE SHEET means the balance sheet at the Closing Date, prepared by the Buyer and audited by the Buyer’s Accountant pursuant to Section 2(d)(ii)(A) below.

AUDITED CLOSING BALANCE SHEET has the meaning set forth in Section 1.5.

AUDITED CLOSING BALANCE SHEET as defined in Section 2.8(b).

AUDITED CLOSING BALANCE SHEET. Buyer shall then determine the Net Assets as of the Closing Date at the Effective Time in accordance with GAAP and any accounting principles, policies and practices to be used in preparing the Audited Closing Balance Sheet set forth on Exhibit 2.8(b), which determination shall be based upon those Assets and Assumed Liabilities recognized and included in the Audited Closing Balance Sheet ("Audited Closing Net Assets"). Buyer shall deliver the Audited Closing Balance Sheet and its determination of the Audited Closing Net Assets to Seller within one hundred twenty (120) days following the Closing Date.

AUDITED CLOSING BALANCE SHEET has the meaning ascribed in Section 2.7(a).

AUDITED CLOSING BALANCE SHEET has the meaning set forth in Section 2.3(c).