Closing Income Statement definition

Closing Income Statement has the meaning set out in section 2.3;

Closing Income Statement has the meaning set forth in Section 1.5.

Closing Income Statement means the unaudited income statement of the Company for the period January 1, 2005 through the Closing Date.

Examples of Closing Income Statement in a sentence

• Within five (5) Business Days after the Closing Income Statement, the Closing Statement and the TTM Xxxxxx International Business EBITDA and Adjustment Amount set forth thereon become final and binding on the parties pursuant to this Section 2.02, Buyer shall make payment of the Transferred Cooler/Crate Purchase Price, by wire transfer in immediately available funds to ABI.

• The Closing Balance Sheet, the Closing Income Statement, the Net Book Value, the Rimage Sub Cash and EBITDA will be computed in accordance with Exhibit A or Exhibit G, as applicable, and GAAP used to prepare the Latest Balance Sheet and Latest Income Statement.

• Buyer will make the work papers and back-up materials used in preparing the Closing Balance Sheet and Closing Income Statement, and the books, records, and financial staff of Buyer, available to Seller and its accountants and other Representatives at reasonable times and upon reasonable notice at any time during (i) the review by Seller of the Closing Balance Sheet, the Closing Income Statement and Closing Calculation, and (ii) the resolution by the Parties of any objections thereto.

• Buyer and ABI shall instruct the Arbiter to, and the Arbiter shall, make a final determination of the items included in the Closing Income Statement and the Closing Statement (to the extent such amounts are in dispute) in accordance with the guidelines and procedures set forth in this Agreement.

• If Seller gives Buyer an Acceptance Notice or does not give Buyer an Objection Notice within such 45 day period, then the Closing Balance Sheet, Closing Income Statement and the Closing Calculations will be conclusive and binding upon the Parties and the Closing Calculation will constitute the Final Net Book Value, Final Rimage Sub Cash and Final EBITDA.

More Definitions of Closing Income Statement

Closing Income Statement means an income statement of the Business for the twelve-month period ending as of the last day of the month preceding the Closing Date, prepared in accordance with generally accepted accounting principles.

Closing Income Statement shall have the meaning given to such term in Section 9.6.

Closing Income Statement means an income statement for the Business including results of operations for the 1996 calendar year through the eight months ending August 31, 1996 that (x) fairly presents the results of operations of the Business for such period on a basis consistent with the presentation in the 1996 budget set forth on Exhibit D attached hereto (the "1996 Projections"), (y) includes line items substantially consistent with those used in the preparation of the 1996 Projections and (z) is prepared in accordance with the accounting policies and procedures described in Allegis's audited financial statements for the year ended December 31, 1995 and on Schedule 3.7 (the "1995 Audit"); provided that if such statement is not delivered by Sellers on or prior to September 20, 1996, the Closing Income Statement will only cover the seven months ending July 31, 1996.

Closing Income Statement shall have the meaning stated in Exhibit C. “Closing Net Income” shall have the meaning stated in Exhibit C.

Closing Income Statement means the unaudited reconciliation of the income statement from the Financial Statements as set forth on Schedule 5.2(a)(iii).

Closing Income Statement means the statement of income of the Company for the Interim period prepared by Buyer in accordance with GAAP.

Closing Income Statement has the meaning set forth in Section 3.2(a). “COBRA” has the meaning set forth in Section 4.13(e).