Closing Balance Statement definition

Closing Balance Statement has the meaning set forth in Section 2.3(a).
Closing Balance Statement means the balance statement at the time of Closing. (what cash is in accounts?) ​ ​ ​ ​
Closing Balance Statement means the statement of the net liabilities of the Company and VDL prepared by the Sellers immediately prior to Completion;

Examples of Closing Balance Statement in a sentence

  • The Closing Balance Statement must be prepared, in accordance with generally accepted accounting principles (“GAAP”), in a manner consistent with the Company’s past practices and balance sheet as of December 31, 2006.

  • In the event that the Purchaser disagrees with the Closing Balance Statement, it shall notify the Seller Group in writing within thirty (30) days after receipt of the Closing Balance Statement of such disagreement, stating the facts of the disagreement and the calculation of the Closing Balance by the Purchaser, and including therewith a copy of any financial information used in making the calculation other than that information previously provided by the Seller Group.

  • The Closing Balance Statement must be prepared, in accordance with GAAP and in a manner consistent with the Company’s past practices and balance sheet as of December 3 1,2006.

  • In the event that the Purchaser does not notify the Seller Group of a dispute with respect to the Closing Balance Statement within such 30-day period, such statement will be final, conclusive and binding on the parties.

  • The Minnesota Supreme Court held that “[i]t is established in this state that an injured person possesses no direct cause of action against the insurer of the tortfeasor prior to recovery of judgment against the latter.” Miller v.

  • Besides monitoring of soil static parameters, wireless underground sensor network can also be used for monitoring of soil movement situation, forecast of the earthquake, landslide, underground ice motion and volcanic eruptions, so it has broad application prospects in agriculture, military, transportation, construction, natural disaster forecast etc., [9-12].The rest of this paper is organized as follows: In Section 2, the related work of the electromagnetic wave communication in the soil is given.

  • Change of Administratorwww.uctrf.co.za/uctrf/change-of-administratorViewIn October all members were provided with a Closing Balance Statement from Sanlam, which reflected their value in the UCTRF at the end of September.

  • RBI, CAS, Nagpur will send a Closing Balance Statement to each Defence Accounting Circle by 20th of the following month.

  • If any of the parties objects to the computation of the Closing Balance Statement or the Fixed Purchase Price, as set forth in Article II, or if the Company objects to the calculation of the Future Payments, as set forth in Article III (collectively or alternatively, the "Disputed Amount"), then the parties shall use their best efforts to promptly resolve such objection.

  • The Proposed Closing Balance Statement shall present fairly in all material respects the financial condition of the Company as of that date.


More Definitions of Closing Balance Statement

Closing Balance Statement means the balance statement at the time of Closing. accounts?) (what cash is in “Closing Date” shall have the meaning as set forth in Section 3.2. “Closing Documents” shall have the meaning as set forth in Section 3.3. “Code” shall mean the Internal Revenue Code of 1986, as amended. “Common Limited Units” shall have the meaning set forth in the OP Agreement. ACTIVE 59664012v6
Closing Balance Statement as defined in the Agreement;
Closing Balance Statement has the meaning set forth in Section 2.3(a). “Closing Balance Target” means $1,058,000.00 or such other amount as the parties agree upon as provided in Section 2.3. “Closing Date” has the meaning set forth Section 3.1. “Closing Payment” has the meaning set forth in Section 2.2(a). “Code” means the Internal Revenue Code of 1986, as amended. “Company” has the meaning set forth in the recitals. “Contracts” means all contracts, agreements (including, without limitation, employment and non-competition agreements), leases (whether real or personal property), commitments, instruments, guarantees, bids, orders and proposals and all oral understandings. “Controlled Group” has the meaning set forth in Section 4.13(e). “Copyright” means all copyrights, copyrightable works, mask work rights, rights in databases, data collections, copyright registrations and applications for copyright registration and equivalents and counterparts of the foregoing. “Deductible” has the meaning set forth in Section 7.3(c). “Deposit” means Two Hundred Fifty Thousand and No/100 Dollars ($250,000.00) in cash. “Diamond” has the meaning set forth in the preamble. “Diamond Employment Agreement” has the meaning set forth Section 3.2(d). “Domain Names” means all Internet electronic addresses, uniform resource locators and alphanumeric designations associated therewith and all registrations for any of the foregoing, including, without limitation, any and all rights to the following names and domain names: xxxx://xxx.xxxxxxx-xxxx.xxx. “Earnout Payment” has the meaning set forth in Section 2.5(a). “EBITDA” means the Company’s net income plus, federal and state corporate income tax (if applicable), interest expense, and depreciation, and amortization expense attributable to the Company’s operations only calculated in accordance with GAAP consistently applied in a manner

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