Determination Date Balance Sheet definition

Determination Date Balance Sheet shall have the meaning set forth in Section 2.1(i).
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Determination Date Balance Sheet means a consolidated balance sheet of the Company and the Company Subsidiaries as of the Determination Date.
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Determination Date Balance Sheet means a balance sheet of Seller Bank as of the close of business on the Determination Date, which shall be prepared in accordance with the Accounting Principles and in the same manner as the Reference Balance Sheet; provided, that such balance sheet shall include Seller Parent’s good faith estimate of all updates that it reasonably believes are likely to be reflected in the balance sheet of Seller Bank as of the close of business on the last day of the month immediately preceding the month in which the Closing Date occurs.
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Examples of Determination Date Balance Sheet in a sentence

  • Book Value shall be determined from the Determination Date Balance Sheet as prepared and agreed upon by the parties in accordance with Section 2.5 at least three (3) days prior to the Closing Date.

  • Therefore, any such issues of dispute regarding the Determination Date Balance Sheet shall be resolved by the parties prior to the Closing Date.

  • Further, the Seller will not be responsible for any termination costs associated with any of the Bank’s contracts and the Bank shall not be required to record or reserve for any such costs on the Determination Date Balance Sheet.

  • A copy of the Determination Date Balance Sheet shall be provided to the Buyer as soon as practicable, but not less than five (5) business days prior to the Closing Date.

  • The SWAtHC invited representatives from two others Latin American Hydrographic Commissions, the Southeast Pacific Regional Hydrographic Commission (SEPRHC) and the MesoAmerican and Caribbean Sea Hydrographic Commission (MACHC).

  • The Merger Consideration calculation set forth in Section 2.1 above shall be calculated based upon the Determination Date Balance Sheet.

  • Between the date hereof and the Closing Date, the Company shall deliver any Interim Financial Statements not previously delivered to Purchaser as soon as available and in all events within twenty (20) days after the conclusion of each calendar month; provided, that Company shall deliver the Interim Financial Statements for the month prior to the Closing together with the Determination Date Balance Sheet if the Closing shall occur prior to the twentieth (20th) day of the month.

  • Any disputes regarding the Determination Date Balance Sheet which arise prior to the Closing Date shall be submitted to the independent accounting firm of RSM US, LLP (the “Independent Accounting Firm”) for a binding resolution.

  • Notwithstanding Section 15.1, all claims relating to issues of dispute regarding the Determination Date Balance Sheet will be barred after the Closing Date where the Buyer is aware of such claim prior to the Closing Date.

  • Sellers shall afford Purchaser and its Representatives the opportunity to review all work papers and documentation used by Sellers in preparing the Determination Date Balance Sheet and Sellers’ calculation of the Equity Amount.


More Definitions of Determination Date Balance Sheet

Determination Date Balance Sheet. “Equity Adjustment Amount”, and “Equity Amount”.
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Determination Date Balance Sheet has the meaning set forth in Section 1.6.
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Determination Date Balance Sheet means a balance sheet of the Company as of the Determination Date. “Determination Date Working Capital” shall mean the Working Capital of the Company as of the Determination Date. “DGCL” shall mean the Delaware General Corporation Law.
Sample 1

Related to Determination Date Balance Sheet

  • Closing Date Balance Sheet has the meaning specified in Section 2.7.

  • Estimated Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a) hereof.

  • Final Balance Sheet has the meaning set forth in Section 2.4(e).

  • Reference Balance Sheet shall have the meaning assigned to it in Section 4.3.

  • SpinCo Balance Sheet means the pro forma combined balance sheet of the SpinCo Business, including any notes and subledgers thereto, as of June 30, 2018, as presented in the Information Statement made available to the Record Holders.

  • Total Monthly Excess Spread As to any Distribution Date, an amount equal to the excess if any, of (i) the interest on the Mortgage Loans received by the Servicer on or prior to the related Determination Date or advanced by the Servicer for the related Remittance Date (net of Expense Fees) over (ii) the sum of the amounts payable to the Certificates pursuant to Section 4.02(a)(i) on such Distribution Date.

  • Unpaid Realized Loss Amount With respect to any Class of Subordinated Certificates and as to any Distribution Date, is the excess of (i) the Applied Realized Loss Amounts with respect to such Class over (ii) the sum of (a) all distributions in reduction of such Applied Realized Loss Amounts on all previous Distribution Dates, and (b) the amount by which the Class Certificate Balance of such Class has been increased due to the distribution of any Subsequent Recoveries on all previous Distribution Dates. Any amounts distributed to a Class of Subordinated Certificates in respect of any Unpaid Realized Loss Amount will not be applied to reduce the Class Certificate Balance of such Class.

  • Pro Forma Note Balance means, with respect to any Distribution Date, the aggregate remaining principal amount of the Notes outstanding on such Distribution Date, after giving effect to distributions pursuant to clauses (i) through (xviii) of Section 5.7(a) hereof.

  • Adjusted Principal Balance As to any Distribution Date and any Class of Class B Certificates, the greater of (A) zero and (B) (i) the Principal Balance of such Class with respect to such Distribution Date minus (ii) the Adjustment Amount for such Distribution Date less the Principal Balances for any Classes of Class B Certificates with higher numerical designations.

  • Class A-2 Final Scheduled Payment Date means the Payment Date occurring in February 2027.

  • Class A-3 Final Scheduled Payment Date means the Payment Date occurring in April 2028.

  • Quarterly Excess Spread Percentage means, for each Determination Date, the percentage equivalent of a fraction the numerator of which is the sum of the Excess Spread Percentages with respect to the immediately preceding three Monthly Periods and the denominator of which is three.

  • Class A-1 Final Scheduled Payment Date means the Payment Date occurring in May 2023.

  • Class A-4 Final Scheduled Payment Date means the Payment Date in February 2024.

  • Class C Applied Realized Loss Amount As of any Distribution Date, the sum of all Applied Realized Loss Amounts with respect to the Mortgage Loans which have been applied to the reduction of the Certificate Principal Balance of the Class C Certificates.

  • Adjusted Pool Balance means, on the Closing Date, an amount equal to:

  • Class A Adjusted Invested Amount means, with respect to any date of determination, an amount equal to the Class A Invested Amount less the Principal Funding Account Balance (but not in excess of the Class A Invested Amount) on such date.

  • Latest Balance Sheet has the meaning set forth in Section 3.4(a).

  • Monthly Shared-Loss Amount means the change in the Cumulative Shared- Loss Amount from the beginning of each month to the end of each month.

  • Original Class A Non-PO Principal Balance The sum of the Original Principal Balances of the Class A-1, Class A-2, Class A-3, Class A-4 and Class A-R Certificates, as set forth in Section 11.06.

  • Specified Reserve Fund Balance means, on the Closing Date $3,846,153.85, and with respect to any Payment Date 0.25% of the initial aggregate principal balance of the Receivables as of the Cutoff Date.

  • Audited Balance Sheet means the audited balance sheet of the company prepared for the purposes of the Companies Acts for a financial year unless an audited consolidated balance sheet dealing with the state of affairs of the company and its subsidiary undertakings required to be dealt with in group accounts has been prepared for those purposes for the same financial year, in which case it means that audited consolidated balance sheet, and in that case all references to reserves shall be deemed to be references to consolidated reserves;

  • Adjusted Invested Amount means, with respect to any date of determination, an amount equal to the Invested Amount less the Principal Funding Account Balance on such date of determination.

  • Balance Amount shall have the meaning set forth in Section 8.1 of this Agreement.

  • Class B-1 Applied Realized Loss Amount As of any Distribution Date, the sum of all Applied Realized Loss Amounts with respect to the Mortgage Loans which have been applied to the reduction of the Certificate Principal Balance of the Class B-1 Certificates.

  • Class C Unpaid Realized Loss Amount As of any Distribution Date, the excess of (1) the Class C Applied Realized Loss Amount over (2) the sum of (x) all distributions in reduction of the Class C Unpaid Realized Loss Amounts on all previous Distribution Dates and (y) all increases in the Certificate Principal Balance of such Class C Certificates pursuant to the last sentence of the definition of "Certificate Principal Balance."