Completion Balance Sheet definition

Completion Balance Sheet has the meaning set out in paragraph 1 of Part B of Schedule 10;

Completion Balance Sheet has the meaning set out in Clause 8.1;

Completion Balance Sheet means the balance sheet referred to in clause 3.3;

Examples of Completion Balance Sheet in a sentence

• In the event that the net asset value of the Disposal Group as shown in the Completion Balance Sheet is less than the Disposal Consideration, the Company shall not be required to refund any surplus to SomaFlex Holdings.

• In the event the net asset value of the Disposal Group as shown in the Completion Balance Sheet exceeds the Disposal Consideration, SomaFlex Holdings shall pay such excess to the Company in cash.

• Completion balance sheets Following Completion, the Seller and the Buyer shall comply with their obligations in relation to the preparation and agreement of the Completion Balance Sheet and Post-Completion Balance Sheet in accordance with the provisions of Schedule 8 (Purchase price adjustments).

• If such item or items are not agreed in writing between the Vendors and the Purchasers within 20 Business Days following the receipt by the Vendors of said notice, the item or items in dispute shall be determined by the Independent Accountants (referred to below), except if the Vendors and the Purchasers by way of mutual consent have, within that timeframe, appointed the Independent Accountants to audit the draft Completion Balance Sheet.

• The draft Completion Balance Sheet (audited or unaudited, as the case may be), adjusted to reflect the item or items as agreed between the Vendors and the Purchasers in writing or as determined by the Independent Accountants shall constitute the Completion Balance Sheet for the purposes of this Agreement.

More Definitions of Completion Balance Sheet

Completion Balance Sheet means the Balance Sheet of the Company on the Completion Date.

Completion Balance Sheet the unaudited combined balance sheet in the form set out in this Schedule 4 of the Company as at the Relevant Time;

Completion Balance Sheet means an unaudited balance sheet of the Company prepared in accordance with GAAP (other than any requirement for consolidation) and consistent with the accounting principles and practices adopted in the preparation of the last Accounts showing the assets and liabilities of the Company as at immediately before Completion;

Completion Balance Sheet means the Completion Balance Sheet agreed or determined in accordance with Schedule 6 of the Sale Agreement;

Completion Balance Sheet means a consolidated balance sheet of the Company and the Subsidiaries as at the Completion Date, prepared and finalised pursuant to Clause 4.2

Completion Balance Sheet means the consolidated balance sheet of the Company and BDDG as of the Completion Date, prepared in accordance with the rules and parameters set out in Schedule 2;

Completion Balance Sheet means the combined Pro-forma statement of net assets for the Operations as at 30 June 2001 which will be prepared and finally determined in accordance with the procedures set out in Part 2 of Schedule 5 which is included in the Completion Financial Information;