Examples of Corporation Balance Sheet in a sentence
Upon initial recognition, the leased asset is derecognised from the Legacy Corporation Balance Sheet and a finance lease receivable for an amount equal to the lower of its fair value and the present value of the minimum lease payments.
Upon initial recognition the leased asset is derecognised from the Legacy Corporation Balance Sheet and a finance lease receivable for an amount equal to the lower of its fair value and the present value of the minimum lease payments.
No material adverse change shall have occurred in the financial condition, working capital, assets, liabilities, reserves, business, operations or prospects of Public Corporation since the date of the Public Corporation Balance Sheet.
The Public Corporation Balance Sheet completely and fairly presents the assets, liabilities and financial condition of Public Corporation as of the date thereof, and such, as well as all other financial statements, are complete and fairly present the results of the operations for the yearly period then ended.
Agricon has to the best of our knowledge no other obligations as of 30 June 2014 than those listed in the “Agricon Global Corporation Balance Sheet dated 30 June 2014 and included in the Company’s 10K Report”, amounting to cash needed of USD 242,996.
Public Corporation has duly filed all federal, state, local and foreign tax reports and returns required to be filed by it and has duly paid all taxes and other charges due or claimed to be due from it by federal, state, local and foreign taxing authorities; further, the reserves for taxes reflected in the Public Corporation Balance Sheet, if any, are adequate, and there are no tax liens upon any property or assets of Public Corporation.
Except as set forth in Section 3.7 of the Sellers’ Disclosure Schedule and except for liabilities which are accrued or reserved against in the Corporation Balance Sheet (or reflected in the notes thereto) and liabilities incurred since the Corporation Balance Sheet Date in the ordinary course of business consistent with past practice, the Corporation does not have any liabilities.
The Corporation has no Liability for Taxes (whether outstanding, accrued for, contingent, or otherwise) that are not included in the Corporation Balance Sheet.
Each asset included in the Financial Statements or material asset acquired by the Corporation since the Corporation Balance Sheet Date, and each material asset used by the Corporation or that is in the reputed ownership of the Corporation, is: (i) legally and beneficially owned solely by the Corporation free from all Encumbrances other than Permitted Encumbrances and (ii) where capable of possession, in the possession or under the control of the Corporation.
Since the Corporation Balance Sheet Date, the Corporation has not experienced any business disruption, or taken any actions outside of the ordinary course of business and consistent with past practice.