Draft Balance Sheet definition

Draft Balance Sheet has the meaning set forth in Section 1.4(b).
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Draft Balance Sheet shall have the meaning set forth in Section 2.6(c).
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Draft Balance Sheet has the meaning set forth in Section 1.01(f)(i).
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Examples of Draft Balance Sheet in a sentence

  • The Firm will consider only those items and amounts in the Draft Balance Sheet set forth in the Objection Notice which the Purchaser and the Seller are unable to resolve.

  • The Purchaser and its auditors will ------------------- make available to the Seller and its auditors all records and work papers used in preparing the Draft Balance Sheet.

  • The Stockholders' Representative will make available to Acquiror and its accountants the work papers and back-up materials used in preparing the Draft Balance Sheet.

  • The Working Capital Auditor will consider only those items and amounts in the Draft Balance Sheet set forth in the Objection Notice which the Purchaser and the Representative are unable to resolve.

  • The Purchaser shall be deemed for all purposes hereof to have agreed with the computation of Working Capital as of the Effective Time set forth on the Draft Balance Sheet (and such amount will be conclusive and binding upon the Parties) unless the Purchaser, within 20 days after receipt of the Draft Balance Sheet, delivers a notice (an "Objection Notice") to Holding setting forth the Purchaser's calculation of the disputed amount(s).

  • If the Seller disagrees with the computation of the Net Asset Value reflected on the Draft Balance Sheet, the Seller may, within thirty (30) days after receipt of the Draft Balance Sheet, deliver a notice (an "Objection Notice") to the Purchaser setting forth the Seller's calculation of ----------------- the Net Asset Value as of the close of business on the day before the Closing Date.

  • Purchaser shall have the right to review the books and records of Seller during the period of 60 days after receipt of the Draft Balance Sheet and Draft Schedule of Net Assets to verify and confirm the accuracy of the same.

  • Seller will prepare the Draft Balance Sheet in accordance with GAAP, consistently applied, with the exceptions noted in SECTION 1.9(c).

  • Except as disclosed on Schedule 2.7, all Tax deficiencies asserted by any Governmental Body against the Company or any Subsidiary have been paid or finally settled and recorded on the Draft Balance Sheet, and to the best of the Sellers' Knowledge no grounds exist for the assertion of any deficiency for any periods that have not been audited by an applicable Governmental Body.

  • If the Seller disagrees with the computation of the Net Assets reflected on the Draft Balance Sheet, the Seller may, within thirty (30) days after receipt of the Draft Balance Sheet, deliver a notice (an "Objection Notice") to the Purchaser setting forth the Seller's ---------------- calculation of the amount of the Net Assets as of the close of business on the day before the Closing Date.


More Definitions of Draft Balance Sheet

Draft Balance Sheet as defined in clause 5;
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Draft Balance Sheet has the meaning given in paragraph 1 of schedule 6;
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Draft Balance Sheet means the:
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Draft Balance Sheet has the meaning set forth in Section 2.4 of this Agreement.
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Related to Draft Balance Sheet

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

  • Current Balance Sheet shall have the meaning set forth in Section 2.7.

  • relevant balance sheet means the latest published audited consolidated balance sheet of the Group, but where the Company has no subsidiaries it means the balance sheet and profit and loss account of the Company and, where the Company has subsidiaries but there are no consolidated accounts of the Group, it means the respective balance sheets and profit and loss accounts of the companies comprising the Group;

  • Interim Balance Sheet as defined in Section 3.4.

  • Parent Balance Sheet shall have the meaning assigned to such term in Section 5.13 hereof.

  • Recent Balance Sheet has the meaning set forth in Section 3.5(a).

  • Company Balance Sheet means the consolidated balance sheet of the Company and its Subsidiaries as of December 31, 2016 and the footnotes thereto set forth in the Company’s annual report on Form 10-K for the fiscal year ended December 31, 2016.

  • Most Recent Balance Sheet means the balance sheet contained within the Most Recent Financial Statements.

  • SpinCo Balance Sheet means the pro forma combined balance sheet of the SpinCo Business, including any notes and subledgers thereto, as of September 30, 2021, as presented in the Information Statement made available to the Record Holders.

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

  • 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;

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

  • Balance Sheet has the meaning set forth in Section 3.06.

  • Pro Forma Balance Sheet as defined in Section 4.1(a).

  • Balance Sheets has the meaning set forth in Section 4.5(a).

  • Unaudited Interim Balance Sheet shall have the meaning specified in Section 2.4(a)(iii) of the Agreement.

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

  • Closing Balance Sheet has the meaning set forth in Section 2.4(a).

  • Current Balance Sheet Date means December 31, 1997.

  • Most Recent Balance Sheet Date has the meaning set forth in Section 4.4.

  • Latest Balance Sheet Date has the meaning set forth in Section 3.10.

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

  • Off-Balance Sheet Arrangement means any transaction, agreement or other contractual arrangement to which an entity unconsolidated with the Borrower is a party, under which the Borrower has:

  • Reference Balance Sheet shall have the meaning set forth in Section 3.06(a).

  • Parent Balance Sheet Date shall have the meaning assigned to it in Section 5.13 hereof.

  • Estimated Closing Balance Sheet has the meaning set forth in Section 2.6(a).