Closing Date Statements definition

Closing Date Statements means (a) the balance sheet of the Vendor, InfoTrellis, Inc. and Infotrellis India Private Limited as at 12:01 a.m. on the Closing Date prepared on a consistent basis and applying the same accounting principles, policies and practices as were used in preparing the Financial Statements, and (b) a statement setting forth the Closing Working Capital Amount and the Adjustment Amount, if any, in each case, as determined from such balance sheet, all as finally determined pursuant to Section 1.6 or 1.10, as the case may be.

Closing Date Statements means individual balance sheets of the Sold Entities and net asset statements of the Business relating to the Asset Selling Affiliates as of the Closing Date.

Closing Date Statements has the meaning set forth in Section 3.2(c)(iv).

Examples of Closing Date Statements in a sentence

• To the extent that Seller consents in written form to the Closing Date Statements and the Closing Date Certificate or does not object within thirty (30) days after the receipt of the Closing Date Statements and the Closing Date Certificate by providing Purchaser with an Objection Notice, the Closing Date Statements and the Closing Date Certificate shall become final and binding on the Parties.

• Such Closing Date Statements shall segregate assets attributable to Tracked Clients and Non-Tracked Clients.

• Purchaser shall deliver the Closing Date Statements and the Closing Date Certificate to Seller within sixty (60) days after the Closing Date.

• The Closing Date Statements and the Closing Date Certificate shall be deemed to be modified to reflect the decision of the Neutral Auditor, and the Closing Date Statements and the Closing Date Certificate as determined by the Neutral Auditor shall be final and binding on the Parties pursuant to Section 319 of the German Civil Code (Bürgerliches Gesetzbuch), except for cases of fraud or manifest error.

• On the basis of the Closing Date Statements the Closing Date Certificate shall be prepared, in each case to be determined as set forth in Section 7.3. The Closing Date Statements shall not include any accruals for accounting, legal or advisory fees relating to the transactions contemplated by this Agreement.

More Definitions of Closing Date Statements

Closing Date Statements shall have the meaning as set forth in Section 2.2.

Closing Date Statements shall have the meaning set forth in Section 7.14.

Closing Date Statements means the consolidated balance sheet of the Purchased Business as of 12:01a.m. (Toronto time) on the Closing Date prepared on a consistent basis and applying the same accounting principles, policies and practices as were used in preparing the Financial Statements, together with a statement setting forth in reasonable detail a calculation of the Closing Current Liabilities Amount, if any, as determined from and consistent with the balance sheet referred to in this definition, and including all supporting calculations, all as finally determined pursuant to Section 2.10 or 2.11, as the case may be.

Closing Date Statements means the unaudited consolidated financial statements of the Group prepared by the Vendors according to notice to reader standard covering the period from August 31, 2007 to the Closing Date;

Closing Date Statements means (a) the balance sheet of the Business as at 12: 01 a.m. on the Closing Date prepared on a consistent basis and applying the same accounting principles, policies and practices as were used in preparing the Annual Financial Statements, and (b) a statement setting forth the Closing Working Capital Amount and the Adjustment Amount, if any, in each case, as determined from such balance sheet, all as finally determined pursuant to Section 1.6 or 1.8, as the case may be.

Closing Date Statements means the Preliminary Closing Date Statements as agreed to by the Parties or as adjusted pursuant to the determination of the Arbitrator.

Closing Date Statements means, collectively, the Closing Date Reference Balance Sheet, the Closing Date Transfer Balance Sheet, the Closing Statement of General Account Net Settlement, the Closing Eligible Assets List and the Closing Ceding Commission Statement.