Examples of Closing Date Balance Sheets in a sentence

All inventory reflected on the Closing Date Balance Sheets shall be determined in accordance with GAAP, consistently applied, and shall consist of a quality and quantity usable and salable in the ordinary course of business.
All accounts receivable reflected on the Closing Date Balance Sheets (net of allowances for doubtful accounts as reflected thereon and determined in accordance with GAAP) will be valid receivables arising from the bona fide sale of services and inventory actually made or performed or sold and invoiced in the ordinary course of business, and, to the Knowledge of the Company are not subject to set-offs or counterclaims.
Except as otherwise set forth on Schedule 3.13, all due contributions, premiums or payments under or with respect to each Benefit Plan are current and will have been paid as of the Closing or accrued on the Closing Date Balance Sheets.

More Definitions of Closing Date Balance Sheets

Closing Date Balance Sheets means, collectively, (i) a consolidated balance sheet of the Companies and (ii) a balance sheet of each of the Clinic Subsidiaries, in each case, prepared in accordance with GAAP, and substantially in the form of, and on a basis consistent with and utilizing the same principles, practices, methodologies and policies as those used in preparing the December 31, 2009 consolidated audited balance sheet of the Companies and each of the Clinic Subsidiaries which principles, practices, methodologies and policies are set forth on Annex I; provided, that the Closing Date Balance Sheets shall not include any changes in assets or liabilities as a result of the purchase accounting adjustments or other changes arising from or resulting as a consequence of the transactions contemplated hereby. For purposes of the Closing Date Balance Sheets, all current liabilities (including accounts payable) and current assets (including accounts receivable) of the Company Entities shall be determined as of 11:59 p.m. New York City time on the Closing Date.

Closing Date Balance Sheets means the separate balance sheets prepared in respect of Sonoran in accordance with past practices consistently applied reflecting the respective assets and liabilities of Sonoran as of the Closing Date and reflecting the best estimate, in the opinion of Seller, acting reasonably, for those current assets and liabilities of Sonoran that are not capable of actual determination as of the Closing Date.

Closing Date Balance Sheets and "Closing Date Income Statements" shall mean the Closing Date Financial Statements, Closing Date Balance Sheets and Closing Date Income Statements as modified by agreement of the parties, whether or not with the assistance of the Buyer's Accountants or the Shareholders' Accountants or by the determinations of the Accounting Firm.

Closing Date Balance Sheets means the unaudited balance sheets of Tricor Canada and Tricor US and the unaudited consolidated balance sheet of Golden Boy as of 11:59 p.m. Pacific Time on the day prior to the Closing Date (without giving effect to the transactions contemplated by this Agreement), prepared in accordance with GAAP, consistently applied (except that such balance sheets may not contain all of the notes required by GAAP), and prepared applying the same accounting principles and methodologies used to prepare the Current Balance Sheet and applying the past practices of the Purchased Corporations (and where GAAP provides for a range of alternatives such past practices shall govern).

Closing Date Balance Sheets means, collectively, the Closing Date Reference Balance Sheet and the Closing Date Transfer Balance Sheet.

Closing Date Balance Sheets shall have the meaning assigned to it in SECTION 2.9(b).

Closing Date Balance Sheets has the meaning set forth in Section 1.5(c)(i).