Examples of Company Latest Balance Sheet in a sentence
Section 3.1 Company Latest Balance Sheet ...........................
Several commenterssupport the proposed consolidation of existing power flux density limits under§ 90.542(b).
The items of Tangible Property capitalized on the Company Latest Balance Sheet have been maintained in accordance with the Company’s normal practice and are in usable condition for the operation of the Business, ordinary wear and tear and aging excepted.
Schedule 5.9 of the Company Disclosure Schedule contains a complete and accurate detailed aging of all accounts receivable by customer and invoice both as of the date of the Company Latest Balance Sheet and as of the date of this Agreement, including any reserves taken with respect to such customers and invoices.
All accounts receivable of the Company and its Subsidiaries that are reflected on the Company Latest Balance Sheet or on the accounting records of the Company and its Subsidiaries as of the Closing Date represent and will represent valid receivables and were incurred in the Ordinary Course of Business for bona fide products delivered or services rendered.
Except as reflected in the unaudited balance sheet of the Company at June 30, 2013 (the “Company Latest Balance Sheet”), the Company has no material liabilities (whether accrued, absolute, contingent, unliquidated) or otherwise except (i) liabilities which have arisen after the date of the Company Latest Balance Sheet in the ordinary course of business, or (ii) liabilities under this Agreement.
All Inventory of the Company, whether or not reflected in the Company Latest Balance Sheet, consists of a quality and quantity usable and salable in the Ordinary Course of Business, except for obsolete items and items of below-standard quality, all of which have been written off or written down to net realizable value in the Company Latest Balance Sheet or on the accounting records of the Company as of the Closing Date, as the case may be.
All Inventory not written off has been valued in the Company Latest Balance Sheet and on the accounting records of the Company at the lower of cost or market on a first in, first out basis, with adequate reserves.
No significant supplier or customer has cancelled or otherwise terminated or materially modified or, to the Knowledge of Company, threatened to cancel or otherwise terminate or materially modify its relationship with the Company or any Subsidiary since the date of the Company Latest Balance Sheet.
The unpaid Taxes of the Poco Companies (i) did not, as of December 31, 2007, exceed the reserve for Tax Liability (rather than any reserve for deferred Taxes established to reflect differences between book and Tax income) set forth on the face of the Company Latest Balance Sheet (rather than any notes thereto) and (ii) do not exceed that reserve as adjusted for the passage of time through the Closing Date in accordance with the custom and practice of the Poco Companies in filing their Tax Returns.