Closing Financial Statement definition

Closing Financial Statement shall have the meaning ascribed to it in Section 2.4(a).

Closing Financial Statement is defined in Section 1.5(a).

Closing Financial Statement has the meaning set forth in Section 7.10.

Examples of Closing Financial Statement in a sentence

• Calculations and payments pursuant to this Section 3.1 shall be as of the date and time of the Closing Financial Statement.

• The December 31 Financial Statements, the Current Financial Statements and the Closing Financial Statement to be delivered pursuant to Section 6.8 are collectively referred to as the "Financial Statements".

• All costs and expenses incurred by Parent in connection with the preparation and delivery of the Closing Financial Statement shall be borne equally by Parent and Holdings.

• The Union recognizes that employees may be required to work such daily and Saturday overtime as the Company may request and the law may permit and that employees will not unreasonably resist the requirement to work such overtime.

• At Closing, the Stockholders shall deliver to BRI the balance sheet and related statements of operations and statements of cash flows with respect to the Management Company for the one month period that ended immediately preceding the month in which the Closing occurs, certified by the Management Company&WP1-9;s chief financial officer (the "Closing Financial Statement").

More Definitions of Closing Financial Statement

Closing Financial Statement means the estimated balance sheet of the Branches prepared by the Seller as of the close of business at the Branches on the Closing Date and on which are recorded as of such date, in accordance with the Seller's normal practices and procedures, the Assets and the Liabilities (except that such normal practices and procedures shall be modified as necessary to implement prorations required by, or other provisions of, this Agreement).

Closing Financial Statement as defined in Section 4.3(a).

Closing Financial Statement is defined in Section 1.5(a) of this Agreement.

Closing Financial Statement means the balance sheet (bilan) of the Company as at the Closing Date together with the related profit and loss accounts (comptes de résultat) for the 12-month period immediately preceding the Closing Date, and the appendices (annexes), as determined in accordance with US GAAP.

Closing Financial Statement means the estimated balance sheet of the Branch prepared by the Seller as of the close of business at the Branch on the Closing Date and on which are recorded as of such date, in accordance with the Seller's normal practices and procedures, the Assets and the Liabilities (except that such normal practices and procedures shall be modified as necessary to implement prorations required by, or other provisions of, this Agreement). "Deposits" means, as of any date, all deposit liabilities of the Seller that are Accounts or certificates of deposit maintained at the Branch, including, without limitation, Time Deposits, and including all uncollected items included in depositors' balances, as of such date. "Direct Deposit Cut-off Date" shall have the meaning set forth in Section 4.1(g). "Employee" means any employee employed on the Closing Date at the Branch by Seller or its subsidiaries or Affiliates, including without limitation, those employees on medical leave, family leave, military leave or personal leave under Seller's policies. "Federal Funds Rate" on any day means the per annum rate of interest (rounded upward to the nearest 1/100 of 1%) which is the weighted average of the rates on overnight federal funds transactions arranged on such day or, if such day is not a banking day, the previous banking day, by federal funds brokers computed and released by the Federal Reserve Bank of San Francisco (or any successor) in substantially the same manner as such Federal Reserve Bank currently computes and releases the weighted average it refers to as the "Federal Funds Effective Rate" at the date of this Agreement. "Final Financial Statement" means the balance sheet of the Branch prepared by the Seller as of the close of business at the Branch on the Closing Date, and delivered by the Seller to the Buyer pursuant to Section 3.2(a)(ii). The Final Financial Statement is to be prepared in accordance with the Seller's normal practices and procedures (except that such normal practices and procedures shall be modified as necessary to implement prorations required by, or other provisions of, this Agreement) and in a manner consistent with the Closing Financial Statement. "Financial Statements" shall mean collectively the Closing Financial Statement, the Pre-Final Financial Statement and the Final Financial Statement. "Furniture, Fixtures and Equipment" means all furniture, fixtures and equipment that are listed on Schedule 1.1

Closing Financial Statement has the meaning set forth in Section 2(f)

Closing Financial Statement means the estimated balance sheet of the Branches prepared by the Seller as of the close of business at the Branches on the Closing Date and on which are recorded as of such date, in accordance with the Seller's normal practices and procedures, the Assets and the Liabilities