Closing Date Balance Sheet has the meaning specified in Section 2.3(b).
Estimated Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a) hereof.
Monthly Financial Statements is defined in Section 6.2(c).
Interim Statements means the quarterly financial statement of any insurance company as required to be filed with the Department, together with all exhibits or schedules filed therewith, prepared in conformity with SAP. References to amounts on particular exhibits, schedules, lines, pages and columns of such interim statements are based on the formats promulgated by the NAIC for 2012 interim statements for the applicable type of insurance company. If such format is changed in future years so that different information is contained in such terms or they no longer exist, it is understood that the reference is to information consistent with that recorded in the referenced item in the 2012 interim statement of the insurance company.
Closing Financial Statements has the meaning set forth in Section 6.22.
Closing Date Business Plan means the set of Projections of Borrower for the 1 year period following the Closing Date (on a month by month basis), in form and substance (including as to scope and underlying assumptions) satisfactory to Agent.
Interim Financial Statements has the meaning set forth in Section 3.06.
Quarterly Financial Statements is defined in Section 6.2(a).
Closing Date Statement has the meaning set forth in Section 2.06(b).
Target Financial Statements has the meaning set forth in Section 3.4(a).
Cash Flow Statement means, with respect to any particular Bonds and Auxiliary Obligations, an Authority Certificate (a) setting forth, for the then current and each future Bond Year during which such Bonds and Auxiliary Obligations will be Outstanding, and taking into account (i) any such Bonds expected to be issued or redeemed or purchased for cancellation in each such Bond Year upon or in connection with the filing of such Certificate, (for which purpose, if such Authority Certificate is delivered as of a date prior to a scheduled mandatory tender date for any Adjustable Rate Bonds, the Purchase Price of all such Adjustable Rate Bonds subject to mandatory tender on such tender date shall be assumed to be due and payable on such mandatory tender date), (ii) any such Auxiliary Obligations expected to be incurred upon or in connection with the filing of such Certificate, (iii) the interest rate, purchase price, discount points and other terms of any Related Mortgage Loans, and (iv) the application, withdrawal or transfer of any moneys expected to be applied, withdrawn or transferred upon or in connection with the filing of such Certificate:
Earn-Out Statement has the meaning set forth in Section 2.5(c).
Year-End Financial Statements has the meaning specified in Section 4.5.
Pro Forma Financial Statements shall have the meaning set forth in Section 5.5(b) hereof.
Closing Balance Sheet has the meaning set forth in Section 2.4(a).
Estimated Closing Balance Sheet has the meaning set forth in Section 2.6(a).
Closing Date Cash has the meaning specified in Section 3.4(a).
Initial Financial Statements means, collectively, (a) the audited annual consolidated financial statements of the Borrower dated as of December 31, 2014 and (b) the unaudited quarterly consolidated financial statements of the Borrower dated as of September 30, 2015.
Financial Statement Date has the meaning set forth in Section 4.05 hereof.
Historical Financial Statements means as of the Closing Date, (a) the audited consolidated balance sheets and related statements of income and cash flows of the Borrower for the Fiscal Years ended December 31, 2019 and December 31, 2020 and (b) the unaudited consolidated balance sheets and related statements of income and cash flows of Holdings for each fiscal quarter (other than the fourth fiscal quarter) ended after the most recent fiscal year of Holdings and at least forty-five (45) days prior to the Closing Date.
Seller Financial Statements has the meaning set forth in Section 3.5(a).
Most Recent Financial Statements has the meaning set forth in Section 4(g) below.
Unaudited Financial Statements has the meaning set forth in Section 3.4(a).
Buyer Financial Statements has the meaning set forth in Section 4.7.
Final Closing Balance Sheet shall have the meaning set forth in Section 2.3(e).