Effective Date Accounts definition

Effective Date Accounts means the financial statements of the Seller for the period ending on the day immediately preceding the effective date;
Effective Date Accounts means the financial statements of the Company for the financial year that ended on the Effective Date contained on CD attached as Schedule 1.1;
Effective Date Accounts means the unaudited balance sheet of the Company as at 28 February 1999 , in SCHEDULE 1;

Examples of Effective Date Accounts in a sentence

  • LRA-CA shall make a good faith effort to collect the Effective Date Accounts Receivable.

  • Shareholder represents and warrants that all Effective Date Accounts Receivable shall be collectible in their full amounts less a reserve for doubtful accounts of ten percent (10%) of the total principal amount of Effective Date Accounts Receivable outstanding within twelve (12) months of the Effective Date.

  • Any payments not accompanied by a specific reference to an invoice or other payment application received by Buyer or the Company from customers with respect to the Business shall be first applied to the Effective Date Accounts Receivable, otherwise such payment shall be applied as specified.

  • The Effective Date Balance Sheet Report, the Effective Date Accounts Receivable Report and the Effective Date Accounts Payable Report (collectively, the "Effective Date Financial Reports") shall be prepared by the Buyer and the Buyer's Accountants as promptly as possible after the Closing, and the Buyer shall deliver the Effective Date Reports to the Seller and the Company's Accountants as soon as possible but in no event later than 30 days after the Closing Date.

  • The Purchaser shall within 15 Business Days after sending such draft accounts give notice in writing to the Seller whether it accepts the draft accounts as the Effective Date Accounts.


More Definitions of Effective Date Accounts

Effective Date Accounts means the financial statements (generally in the form of a company’s balance sheet and company’s profit and loss account) relating to the Business as at the Effective Date and drafts of which, as pre- sented by the Purchaser to the Seller, shall be in accordance with both the prin- ciples applied by the Seller’s Group in the most recently published annual accounts and Belgian GAAP;
Effective Date Accounts means the financial statements (generally in the form of a company’s balance sheet and company’s profit and loss account) relating to the Business as at the Effective Date and drafts of which, as presented by the Purchaser to the Seller, shall be in accordance with both the principles applied by the Seller’s Group in the most recently published annual accounts and Belgian GAAP; “Employees” means all employees working in the Business on the Completion Date (as per the Effective Date estimated at approximately __________ [number]) and who shall transfer to the Purchaser by operation of law and who (or most of whom) are named in the Annex headed “Employees and Collective Agreements”, and “Employee” means any of them; “Encumbrance” means any encumbrance, mortgage (“hypotheek/hypothè- que”), pledge (“pandrecht/gage”), assignment by way of security, option or right of preemption, any executional attachment (“uitvoerend beslag/saisie exécutoire”) and any other interest or right held that could be raised by a third party having an interest in acquiring or executing the goods so encumbered; “Equipment” means all machinery, spare parts, tools, equipment, tangible chattels, motor vehicles, furniture, fixtures and fittings (to the extent they are not included in the Properties) used in connection with and as of the Effective Date, title to which is held by the Seller and as summarily described in the Annex headed “Equipment”, but excluding the Excluded Receivables; “Excluded Liabilities” means, collectively:
Effective Date Accounts shall have the meaning ascribed thereto in Section 4.2.2(f) hereof.
Effective Date Accounts means the Draft Effective Date Accounts modified (if and to the extent applicable) with respect to any Disputed Items by such revisions as are finally agreed between the Parties or finally decided by the Expert in accordance with Section 4.2.4 below; and EXECUTION VERSION SHARE PURCHASE AND TRANSFER AGREEMENT - 360KOMPANY AG PAGE 30 OF 93
Effective Date Accounts has the meaning given in Clause 8.1.1.
Effective Date Accounts means the audited annual financial statements (including all notes thereto) of the Companies, for the financial year ending 31 December 2005, as adjusted in terms of the audited statements dated 11 July 2006 and attached hereto as Annexure “C”;