Examples of Balance Sheet in a sentence
If the Net Working Capital Target exceeds the Net Working Capital as set forth on the Preliminary Balance Sheet, then the Purchase Price shall be reduced at the Closing.
The Closing Date Balance Sheet shall be prepared so as to present fairly in all material respects the financial condition of the combined Companies, however, in determining the Closing Net Working Capital, the Closing Date Balance Sheet shall be prepared on the same historical basis as the Preliminary Balance Sheet consistently applied including determining any taxes based upon the cash method of accounting and not the accrual basis of accounting.
In addition, if the Seller does not object to the Closing Working Capital within the 15-day period referred to above, the Closing Working Capital, as reflected on the Closing Date Balance Sheet as so prepared, shall be deemed final and conclusive and binding upon the Seller and the Buyer.
The unpaid Taxes of the Company did not, as of the date of the Company Unaudited Interim Balance Sheet, materially exceed the reserve for Tax liability (excluding any reserve for deferred Taxes established to reflect timing differences between book and Tax items) set forth on the face of the Company Unaudited Interim Balance Sheet.
Since the date of the Parent Balance Sheet, neither Parent nor or any of its Subsidiaries has incurred any material Liability for Taxes outside the Ordinary Course of Business.