Closing Date Balance Sheet definition

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

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Closing Date Balance Sheet has the meaning set forth in Section 1.5(a).

Closing Date Balance Sheet has the meaning set forth in Section 1.2(b).

Examples of Closing Date Balance Sheet in a sentence

• The term "Closing Date Balance Sheet Report" shall mean a Balance Sheet Report prepared as of the Closing Date.

• The term "Final Net Worth" means total assets minus total liabilities, as reflected on the Closing Date Balance Sheet Report.

• The Closing Date Balance Sheet shall be prepared in accordance with GAAP in a manner consistent with the Preliminary Balance Sheet so as to present fairly in all material respects the financial condition of the Company.

• Except as set forth in this Section 4.4(b), no other assets or liabilities shall be included in the Closing Date Balance Sheet.

• In addition, if the Seller does not object to the Closing Working Capital within the 15-day period referred to above, the Closing Working Capital, as reflected on the Closing Date Balance Sheet as so prepared, shall be deemed final and conclusive and binding upon the Seller and the Buyer.

More Definitions of Closing Date Balance Sheet

Closing Date Balance Sheet means the balance sheet of the Company reflecting the financial position of the Company as of the Closing Date immediately before the Closing, prepared in conformity with the preparation of the Interim Balance Sheet, the Estimated Closing Date Balance Sheet and GAAP, consistently applied in accordance with past practices.

Closing Date Balance Sheet is defined in Section 3.1.

Closing Date Balance Sheet has the meaning set forth in Section below.

Closing Date Balance Sheet means the Draft Closing Date Balance Sheet together with any revisions thereto pursuant to this Section 2(e)(ii).

Closing Date Balance Sheet has the meaning given in Section 3.2(b) of this Agreement.

Closing Date Balance Sheet of the Company means a balance sheet of the Company as at the IPO Closing Date which is prepared on a basis consistent with the basis on which the Current Balance Sheet was prepared.

Closing Date Balance Sheet has the meaning set forth in Section 2.03.