Examples of Balance Sheets Date in a sentence
Except with respect to the level of franchise fees anticipated being received by Charter Advantage pursuant to the Franchise Agreements, since December 31, 1997 (the "Balance Sheets Date"), there has been no material adverse change on the financial condition, business or assets of the Subsidiaries taken as a whole.
Any such employee must apply for reinstatement within ninety (90) days after the date of the discharge or separation from the Armed Services.
The reserve for bad debts shown on the Interim Financial Statements or, with respect to accounts receivable arising after the Balance Sheets Date, on the accounting records of the Target Companies has been determined in accordance with GAAP, consistently applied, subject to normal year-end adjustments and the absence of disclosures normally made in footnotes.
Since the Balance Sheets Date, except as disclosed on Schedule 2.16, none of the Subsidiaries has sold or otherwise disposed of, or committed to dispose of, any material assets other than in the ordinary course of business.
Seller and Shareholders will not do or omit any act, or permit any omission to act, which may cause a breach of any material contract, commitment or obligation, or any breach of any representation, warranty, covenant or agreement made by Seller and/or Shareholders herein, or which would have required disclosure in the Disclosure Letters or Schedules attached hereto had it occurred after the Balance Sheets Date and prior to the date of this Agreement.
Generally two vehicles would be required on monthly rate contract basis and some on day to day/ call basis, as and when required.
Schedule 4.24 contains a list of (a) the top ten (10) customers (based on gross sales) (“Top 10 Customers”) and (b) the top five (5) suppliers (based on gross expenditures) (“Top 5 Suppliers”) of the Target Companies, in each case, as of the twelve (12) month period ended on the Balance Sheets Date.
Attached hereto as Schedule 5.28 are (a) a list of the capital expenditures of the Company and each Subsidiary in excess of $25,000 for the Company’s three prior fiscal years and the current fiscal year through the Latest Balance Sheets Date; and (b) the budget for capital expenditures of the Company and each Subsidiary for its current fiscal year and the following fiscal year.
Since the Balance Sheets Date, the Target Companies have operated in the Ordinary Course of Business and there has not been any Material Adverse Effect.
To Sellers’ Knowledge, no REIT Seller Sub has any liabilities except (i) those which are adequately reflected or reserved against in the applicable Balance Sheets as of the applicable Balance Sheets Date; and (ii) those which have been incurred in the ordinary course of business since the applicable Balance Sheets Date and which are not, individually or in the aggregate, material in amount.