Closing Date Financial Statements definition

Closing Date Financial Statements has the meaning set forth in Section 2.3(a)(i).

Closing Date Financial Statements means the reviewed consolidated balance sheets of the Company (as defined in the Acquisition Agreement) as of and for the periods ended (as applicable) December 31, 2018 and December 31, 2019, and the related reviewed statements of income, owners’ equity and cash flows (or the equivalent) for the fiscal year then ended.

Closing Date Financial Statements shall have the meaning assigned to such term in Section 7.02(a).

Examples of Closing Date Financial Statements in a sentence

• On all dates after the Original Closing Date, since the date of the latest balance sheet included in the Closing Date Financial Statements, there has been no change or event having a Material Adverse Effect.

• On the Original Closing Date, since the date of the latest balance sheet included in the Closing Date Financial Statements there has not occurred a Closing Date Material Adverse Effect.

• Neither the Parent Borrower nor any of its Subsidiaries has on the Original Closing Date any Debt in excess of $1,000,000 individually or in excess of $5,000,000 in the aggregate, except as referred to or reflected or provided for in the Closing Date Financial Statements or in Schedule 7.02 to the Original Credit Agreement.

• Except as disclosed on Schedule 5.9(c), the Credit Parties will not have any Indebtedness or other material liabilities, contingent or otherwise, which are not reflected in the Closing Date Pro Forma Balance Sheet or the Closing Date Financial Statements.

• Buyer shall deliver to Seller the final Closing Date Financial Statements no later than the day which is 45 days following the Closing Date.

More Definitions of Closing Date Financial Statements

Closing Date Financial Statements means the unaudited consolidated financial statements of the Company as at the Effective Time, prepared in accordance with GAAP and consistent with past practice, consisting of a balance sheet, statement of retained earnings, statement of earnings, together with notes thereto;

Closing Date Financial Statements shall have the meaning assigned to such term in Section 3.06 (Financial Statements).

Closing Date Financial Statements means the consolidated financial statement or statements of the Borrower and its Restricted Subsidiaries referred to in Section 7.04(a).

Closing Date Financial Statements means (a) (i) audited consolidated balance sheets of the Parent as at the end of each of the 2015, 2016 and 2017 fiscal years, and related statements of operations, comprehensive income (loss), stockholders’ equity and cash flows of the Parent for each of the 2015, 2016 and 2017 fiscal years and (ii) audited condensed consolidated balance sheets of CBI as at the end of each of the 2015, 2016 and 2017 fiscal years, and related condensed consolidated statements of comprehensive income (loss), shareholders’ equity and cash flows of CBI for each of the 2015, 2016 and 2017 fiscal years and (b) (i) an unaudited consolidated balance sheet of the Parent as at the end of, and related statements of operations, comprehensive income (loss) and cash flows of the Parent for, each fiscal quarter (and the corresponding quarter in the prior fiscal year), other than the fourth fiscal quarter of the Parent’s fiscal year, subsequent to the date of the most recent audited financial statements of the Parent and ended more than 45 days prior to the Effective Date and (ii) an unaudited condensed consolidated balance sheet of CBI as at the end of, and related condensed consolidated statements of comprehensive income (loss) and cash flows of CBI for, each fiscal quarter (and, in the case of the statement of income and cash flows, the corresponding quarter in the prior fiscal year), other than the fourth fiscal quarter of CBI’s fiscal year, subsequent to the date of the most recent audited financial statements of the Parent and ended more than 45 days prior to the Effective Date.

Closing Date Financial Statements means the management prepared balance sheet and income statement of Tribute Pharma and Tribute Pharmaceuticals for the period ended September 30, 2011, with statements for the stub period (period from September 30, 2011 to the actual Closing Date) to be prepared in accordance with GAAP;

Closing Date Financial Statements the audited consolidated balance sheets of Parent and its consolidated Subsidiaries as at the end of, and related statements of income and cash flows for, the three prior fiscal years ended at least 90 days before the Closing Date;

Closing Date Financial Statements has the meaning specified in Section 6.06.