Draft Closing Balance Sheet definition

Draft Closing Balance Sheet shall have the meaning set forth in Section 2.2(a).

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 Buyer and the Seller agree that the procedure set forth in this Section 1.7(b) for resolving disputes with respect to the Draft Closing Balance Sheet shall be the sole and exclusive method for resolving any such disputes; provided that this provision shall not prohibit either Party from instituting litigation to enforce the ruling of the Accountant.

• The Draft Closing Balance Sheet, as so adjusted, shall be the Closing Balance Sheet.

• The Draft Closing Balance Sheet then shall be adjusted in accordance with such accounting firm's decision.

• Such adjusted Draft Closing Balance Sheet and such adjusted Draft Adjusted Working Capital shall be deemed to be the Final Closing Balance Sheet and Final Adjusted Working Capital.

• The Seller shall cooperate fully with the Buyer in the preparation of the Draft Closing Balance Sheet, including, the furnishing of all information regarding the accounting principles, assumptions and bases used in preparing the December 31 Balance Sheet.

More Definitions of Draft Closing Balance Sheet

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 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 as defined in Section 2.5.

Draft Closing Balance Sheet has the meaning ascribed in Subsection 2.4(a);

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

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

Draft Closing Balance Sheet means, with respect to either Company, as applicable, a draft of balance sheet of such entity as of 11:59 p.m. local time of such entity’s principal place of business on 31 January 2016 and prepared in accordance with the Accounting Principles.