Examples of Closing Balance Sheet Date in a sentence
Not later than three business days prior to the Closing Date, the Company shall prepare and deliver to the Buyer a balance sheet of the Company as of a date (the "Preliminary Closing Balance Sheet Date") within five business days of the Closing Date (the "Preliminary Closing Balance Sheet").
For purposes of the calculation of Closing Working Capital and Closing Cash, the actions to be taken pursuant to Section 5.9 hereof shall be deemed to have been taken immediately prior to the Closing Balance Sheet Date.
In computing Net Equity at the Initial Balance Sheet Date, the Net Equity shall be reduced by $14,708,000, but this reduction shall not be made to the Net Equity to be determined as of either the Estimated Balance Sheet Date or the Closing Balance Sheet Date.
On the Poland Closing Balance Sheet Date, SEPI Poland had no debts, liabilities or obligations of any nature (whether accrued, absolute, contingent or otherwise) that were not fully disclosed, reflected or reserved against on the Poland Closing Balance Sheet or the notes thereto, except as disclosed on Schedule 7.06.
Lack of oil has in the past undermined development of determined sub-Saharan countries, which have been spending a large percentage of their foreign exchange reserves on petroleum imports mainly for use in fuel.