Draft Closing Balance Sheet definition

Draft Closing Balance Sheet has the meaning set forth in Section 2(h)(i) below.

Draft Closing Balance Sheet has the meaning set forth in Section 1.6(c).

Draft Closing Balance Sheet has the meaning set forth in Section 3.8.1 below.

Examples of Draft Closing Balance Sheet in a sentence

• The Draft Closing Balance Sheet shall be prepared in good faith and in accordance with GAAP applied on a basis consistent with the preparation of the Interim Balance Sheet.

• During such period, Parent shall permit the Equityholders’ Representative reasonable access to the Surviving Corporation’s relevant books and records and personnel to the extent necessary to review the Draft Closing Balance Sheet and the Adjustment Statement.

• All other items on the Draft Closing Balance Sheet and Adjustment Statement which have not been so cited in the Equityholders’ Representative’s Report shall be deemed accepted by the Equityholders’ Representative.

• Failure by the Equityholders’ Representative to object to the Draft Closing Balance Sheet or Adjustment Statement within such period shall be deemed to be the Equityholders’ Representative’s acceptance of the entire Draft Closing Balance Sheet and the Adjustment Statement and such acceptance shall be final and binding on Parent, the Surviving Corporation, the Escrow Agent, the Equityholders’ Representative and the Equityholders.

• The Draft Closing Balance Sheet and the Adjustment Statement, revised to incorporate the resolution of any matters in dispute pursuant to Section 2.4.2, Section 2.4.3.1 and/or Section 2.4.3.2, as applicable, are referred to as the “Closing Balance Sheet” and the “Conclusive Adjustment Statement.” The Closing Balance Sheet and Conclusive Adjustment Statement shall have the legal effect of an arbitral award and shall be final, binding, and conclusive on the Parties.

More Definitions of Draft Closing Balance Sheet

Draft Closing Balance Sheet as defined in Section 2.5(a).

Draft Closing Balance Sheet means a consolidated balance sheet reflecting only the Acquired Assets and Assumed Liabilities as of the Closing (without giving effect to the transactions contemplated by this Agreement).

Draft Closing Balance Sheet means the balance sheet of the Partnership as at the Closing Date showing all its assets and liabilities as at that date together with supporting notes and schedules a copy of which is set out in Schedule 15;

Draft Closing Balance Sheet means the consolidated balance sheet of the Companies as of the Closing Date which the Purchaser shall cause to be prepared in accordance with GAAP and, to the extent consistent with GAAP, applied on a basis consistent with past practice and utilizing the same accounting procedures and policies as used in preparing the Balance Sheets and the Latest Balance Sheets.

Draft Closing Balance Sheet is defined in paragraph 1 of Schedule 2.4.1;

Draft Closing Balance Sheet has the meaning set forth in ss.2(h)(i) below.

Draft Closing Balance Sheet means a consolidated balance sheet of the Company as of the Closing Date.