Closing Balance definition

Closing Balance means the current amount outstanding, as advised in the Statement, for the period stated therein;
Closing Balance. Sheet shall mean the balance sheet delivered by the Company to the Purchaser as of the date immediately prior to the Closing Date in accordance with Section 3.12(d).
Closing Balance shall have the meaning set forth in Section 2.3(c).

Examples of Closing Balance in a sentence

  • The Closing Balance Sheet shall be prepared in accordance with GAAP.

  • 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.

  • The Preliminary Closing Balance Sheet shall be audited by Ernst & Young, LLP in accordance with GAAP.

  • In addition, the Company shall prepare and deliver to Purchaser at Closing the Closing Balance Sheet.


More Definitions of Closing Balance

Closing Balance means, in relation to a statement period, the outstanding balance on the credit card account as at the close of the statement period (and, for the avoidance of doubt, includes the Instalment Plan and Buy Now Pay Later plan balances as at the close of that statement period);
Closing Balance means, in relation to your Account, the outstanding amount as shown in a continuing disclosure statement.
Closing Balance means the total outstanding balance of the Principal’s Billing Account as at the close of the period of the statement of account;
Closing Balance means the total amount owing on the Business Card account to the Bank as at the Closing Date specified in a statement.
Closing Balance means the amount shown on a
Closing Balance means the Credit Card Account Balance, calculated on the day we issue a statement as the balance for the end of the statement period.
Closing Balance. Sheet shall have the meaning given to it in Section 6.18. Closing Date shall have the meaning given to it in Section 2.2. Closing Net Debt shall have the meaning given to it in Section 6.18. Closing Statement shall have the meaning given to it in Section 6.18.