Bid Balance Sheet definition

Bid Balance Sheet means the consolidated balance sheet of the Company at April 30, 1998 and included in the Financial Statements attached to this Agreement in Schedule 4.09(a).
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Bid Balance Sheet means the combined balance sheet of the Cabot LNG Companies as of March 31, 2000, prepared in accordance with the books and records of the Cabot LNG Companies and in conformity with GAAP appropriate for interim financial statements and prepared on a basis consistent with the combined balance sheet of the Cabot LNG Companies as of September 30, 1999, and previously delivered to Buyer.
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Bid Balance Sheet means the consolidated balance sheet of IMSAMET in the form attached hereto as EXHIBIT A, the first column of which (headed "Actual as of 9/30/96") is the consolidated balance sheet of IMSAMET as of September 30, 1996 which is included as part of the Financial Statements.
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Examples of Bid Balance Sheet in a sentence

  • All of the Accounts Receivable arose in bona fide transactions and are good and collectible in full at the recorded amounts thereof in the Books and Records in the ordinary course of business without resort to legal proceedings, net of an aggregate amount equal to reserves for doubtful accounts and xxxx-back items, as reflected in the Bid Balance Sheet.

  • Except as noted in Schedule 4.13(a), on the Closing Date, the Company shall have good and marketable title to, and all right, title and interest in, all Equipment, Real Property and other Tangible Assets, real and personal, owned by it and the Company will own all such Equipment, Real Property and other Tangible Assets free and clear of all Liens (other than those liabilities listed on the Bid Balance Sheet).

  • If the sum of such amounts on the Closing Balance Sheet is greater than the sum of such amounts on the Bid Balance Sheet, then Purchaser shall pay the amount of the difference to Seller; if the sum of such amounts on the Closing Balance Sheet is less than the sum of such amounts on the Bid Balance Sheet, then Seller shall pay the amount of the difference to Purchaser (in either case, the "CLOSING ADJUSTMENT").

  • All inventory of the Companies and SALTS consists of materials usable or saleable in the ordinary course of business, and the aggregate market value of the inventory included in the Bid Balance Sheet is at least equal to the value specified therefor in the Bid Balance Sheet.

  • All inventory of the Companies and SALTS ---------- consists of materials usable or saleable in the ordinary course of business, and the aggregate market value of the inventory included in the Bid Balance Sheet is at least equal to the value specified therefor in the Bid Balance Sheet.

  • Sellers confirm that the Deposited Amount is not included on the Bid Balance Sheet and the parties acknowledge that the Deposited Amount will not be included in the Estimated Closing Balance Sheet or the Final Closing Balance Sheet.

  • The value of the Inventory presented in the Bid Balance Sheet was calculated in accordance with the TRW policies provided in the Data Room.

  • The sum of the amounts of (1) "Property, plant and equipment, at cost", (2) "Investment in SALTS" and (3) Net Working Capital (collectively, the "ADJUSTMENT ITEMS") on the Closing ----------------- Balance Sheet shall be compared to the sum of the amounts of the Adjustment Items on the Bid Balance Sheet (i.e., $35,319,000).

  • The accounts payable presented on the Bid Balance Sheet provide a true and correct summation of the payments owed to trade vendors.

  • The sum of the amounts of (1) "Property, plant and equipment, at cost", (2) "Investment in SALTS" and (3) Net Working Capital (collectively, the "ADJUSTMENT ITEMS") on the Closing Balance Sheet shall be compared to the sum of the amounts of the Adjustment Items on the Bid Balance Sheet (I.E., $35,319,000).


More Definitions of Bid Balance Sheet

Bid Balance Sheet means the combined balance sheet of the Cabot LNG Companies as of March 31, 2000, prepared in accordance with the books and records of the Cabot LNG Companies and in conformity with GAAP appropriate for interim financial statements and prepared on a basis consistent with the combined balance sheet of the Cabot LNG Companies as of September 30, 1999, and previously delivered to Buyer. 6 (iii) "Closing Balance Sheet" means a combined balance sheet of the Cabot LNG Companies as of the Closing Date, prepared in all respects on a basis consistent with the preparation of the Bid Balance Sheet and without even so-called immaterial departures therefrom, it being understood that the sole use of the Closing Balance Sheet shall be to measure changes from the Bid Balance Sheet in the aggregate in the items used for the determination of the Asset Change Adjustment. The Closing Balance Sheet shall be prepared without regard to any transactions effected by Buyer or the Cabot LNG Companies on the Closing Date but after the Closing, but shall reflect all sales of LNG or vapor in the ordinary course as to which Seller bears the tax liability pursuant to Section 7.5.
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Bid Balance Sheet has the meaning set forth in Section 2(e)(ii) below.
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Bid Balance Sheet shall have the meaning ascribed to such term in Section 2.2.1.
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Bid Balance Sheet means the consolidated balance sheet ------------------ of IMSAMET in the form attached hereto as Exhibit A, the first column of which (headed "Actual as of 9/30/96") is the consolidated balance sheet of IMSAMET as of September 30, 1996 which is included as part of the Financial Statements.
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Related to Bid Balance Sheet

  • Audited Balance Sheet means the audited balance sheet of the company prepared for the purposes of the Companies Acts for a financial year unless an audited consolidated balance sheet dealing with the state of affairs of the company and its subsidiary undertakings required to be dealt with in group accounts has been prepared for those purposes for the same financial year, in which case it means that audited consolidated balance sheet, and in that case all references to reserves shall be deemed to be references to consolidated reserves;

  • Unaudited Balance Sheet has the meaning set forth in Section 3.4(a)(ii).

  • Interim Balance Sheet as defined in Section 3.4.

  • Final Balance Sheet has the meaning set forth in Section 3.3(b).

  • SpinCo Balance Sheet means the pro forma combined balance sheet of the SpinCo Business, including any notes and subledgers thereto, as of September 30, 2021, as presented in the Information Statement made available to the Record Holders.

  • Company Balance Sheet has the meaning set forth in Section 3.04(e).

  • Pro Forma Balance Sheet as defined in Section 4.1(a).

  • Latest Balance Sheet has the meaning set forth in Section 3.4(a).

  • Reference Balance Sheet shall have the meaning set forth in Section 3.06(a).

  • Closing Balance Sheet has the meaning set forth in Section 2.4(a).

  • Closing Date Balance Sheet has the meaning specified in Section 2.3(b).

  • Balance Sheet has the meaning set forth in Section 3.06.

  • Estimated Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a) hereof.

  • Estimated Closing Balance Sheet has the meaning set forth in Section 2.6(a).

  • Unaudited Interim Balance Sheet shall have the meaning specified in Section 4.4(a)(ii) of the Agreement.

  • Balance Sheets has the meaning set forth in Section 4.5(a).

  • Current Balance Sheet shall have the meaning set forth in Section 2.7.

  • Interim Balance Sheet Date has the meaning set forth in Section 3.06.

  • Preliminary Closing Balance Sheet shall have the meaning set forth in Section 2.3(c)(i).

  • Latest Balance Sheet Date has the meaning set forth in Section 3.10.

  • Reference Balance Sheet Date is defined in Section 3.5.

  • Off-Balance Sheet Liabilities of any Person shall mean (i) any repurchase obligation or liability of such Person with respect to accounts or notes receivable sold by such Person, (ii) any liability of such Person under any sale and leaseback transactions that do not create a liability on the balance sheet of such Person, (iii) any Synthetic Lease Obligation or (iv) any obligation arising with respect to any other transaction which is the functional equivalent of or takes the place of borrowing but which does not constitute a liability on the balance sheet of such Person.

  • Most Recent Balance Sheet means the balance sheet contained within the Most Recent Financial Statements.

  • Recent Balance Sheet has the meaning set forth in Section 3.5(a).

  • Off-Balance Sheet Arrangement means any transaction, agreement or other contractual arrangement to which an entity unconsolidated with the Borrower is a party, under which the Borrower has:

  • Off-Balance Sheet Obligation means the monetary obligation of a Person under (a) a so-called synthetic, off-balance sheet or tax retention lease, (b) an agreement for the use or possession of property creating obligations that do not appear on the balance sheet of such Person but which, upon the insolvency or bankruptcy of such Person, would be characterized as the indebtedness of such Person (without regard to accounting treatment) or (c) an agreement for the sale of receivables or like assets creating obligations that do not appear on the balance sheet of such Person but which, upon the insolvency or bankruptcy of such Person, could be characterized as the indebtedness of such Person (without regard to accounting treatment).