Examples of Balance Closing in a sentence
Without prejudice to the provisions of Sections 2 and 3 above concerning the effects of dilution on the corporate governance rights, the provisions of this Section 6 shall only apply after the Balance Closing.
Subject to the conditions set forth in this Agreement, as soon as possible, after the Balance Closing, each of the PT Group and/or the TEF Group (as the case may be from time to time) shall transfer to the Company its Additional Capital Contributions, against the issuance of further Company Shares.
The PT Group will, as of the Initial Closing, the Balance Closing and any Additional Closings, be the record and beneficial owner of, and will have good and marketable title to all of the Interests in the PT Covered Assets intended to be transferred to the Company at any such Closing, free and clear of all liens, claims, title defects, charges, restrictions, rights of first refusal, options, security interests, mortgages, pledges, debts, demands or other encumbrances (“Liens”).
The TEF Group will, as of the Initial Closing, the Balance Closing and any Additional Closings, be the record and beneficial owner of, and will have good and marketable title to all of the Interests in the TEF Covered Assets intended to be transferred to the Company at any such Closing, free and clear of all liens, claims, title defects, charges, restrictions, rights of first refusal, options, security interests, mortgages, pledges, debts, demands or other encumbrances (“Liens”).
Balance information shown for your deposit accounts may include Opening Ledger Balance, Closing Ledger Balance, Interim Ledger Balance, and Available Balance.
Currency: RMB Unit: Yuan Item NameBeginning Balance Closing BalanceChange in current period For further detail on derivatives instruments, please refer to the part 49 Hedging in VII Notes to the items in the consolidated financial statements of the Section 11 of this report.
Preparation of Trial Balance, Closing and adjustment entries through Journal, Provision for depreciation (different methods), Provision for Bad and Doubtful Debts, Creation of Reserves-general, specific, revenue, capital & secret., Drawing of Manufacturing Account, Trading Account, Profit and Loss Account and Profit and Loss Appropriation Account, Preparation of Balance Sheet.
At December 31, 2018, the CAT loans had a remaining term of 33 months bearing an annual interest rate of 6.95% with monthly instalments of $70 and are secured by the underlying equipment (four haul trucks).December 31, 2018 Balance, Closing Date $ 2,431 Interest 90 Payments - principal and interest (486 ) $ 2,035 Non-current portion of loans payable $ 1,318 Current portion of loans payable $ 717 Equipment financingOn December 28, 2018, the Company obtained a $2,500 equipment loan from CAT.
Contract balances The following table provides information about contract assets and contract liabilities: Opening Balance Closing Balance($ in thousands) July 1, 2023 December 31, 2023 Contract assets$ 141$ 164Contract liabilities2,4571,403 The Company’s contract assets represent arrangements in which an estimate of variable consideration has been included in the transaction price and thereby recognized as revenue that precedes the contractual due date.
Term Loans from HDFC Bank Limited Monthly payment Closing Balance Closing Balance are secured by First parri-passu charge of equated monthly INR 46,021,618 INR 20,697,153 by way of hypothecation of the Company’s Installmentsassets , both present and future, and beginning from Current Maturity Current Maturity further secured by equitable mortgage the month of INR 14,716,752 INR 3,638,016 on Plot no.