Estimated Balance Sheet definition

Estimated Balance Sheet has the meaning set forth in Section 2.3(a).

Estimated Balance Sheet shall have the meaning set forth in Section 4.1(b).

Estimated Balance Sheet. Section 2.10(e)

Examples of Estimated Balance Sheet in a sentence

• In the event Parent does not deliver the Closing Balance Sheet and Closing Statement to the Equityholders’ Representative within sixty (60) days following the Closing Date, the Estimated Balance Sheet and Estimated Closing Statement shall be deemed to be final and binding on the Parties and the Estimated Closing Statement shall be deemed to be the Final Closing Statement for all purposes hereunder.

• THE PARTIES’ PARTICULARE DUTIES Duties of the Seller Until Closing, the Seller shall ensure: That no distributions on the Units or the Shares, or other wholly or partly gratuitous transfers, to the Seller or anyone else, are resolved, other than those reflected in the Estimated Balance Sheet.

• Buyer shall have three (3) Business Days from Buyer’s receipt thereof to review the Estimated Closing Balance Sheet, including the Estimated Closing Working Capital, Estimated Closing Cash and Estimated Balance Sheet Indebtedness set forth therein.

• An employee demoted at his own request shall be demoted in accordance with the applicable line of progression (See Exhibit "B") and shall be required by the Company to remain in the classification to which he was demoted for a period of three (3) months before being eligible for promotion.

• Prior to the expiration of such three (3) Business Day review period, Buyer may submit a written report containing any changes Buyer proposes to be made to the Estimated Closing Balance Sheet, including to the Estimated Closing Working Capital, Estimated Closing Cash and Estimated Balance Sheet Indebtedness.

More Definitions of Estimated Balance Sheet

Estimated Balance Sheet means the estimated balance sheet of the Company, as of the close of business on the day prior to the Closing Date prior to any purchase accounting adjustments and prepared in accordance with GAAP using the same applicable accounting methods, accounting practices, assumptions, policies and methodologies as were used in preparing the Company Financial Statements.

Estimated Balance Sheet has the meaning set forth in Section 1.9(a).

Estimated Balance Sheet means the estimated unaudited consolidated balance sheet of the Company and its Subsidiary as of the Effective Time, to be prepared and delivered in accordance with Section 2.4(a).

Estimated Balance Sheet has the meaning provided such term in Section 2.5.

Estimated Balance Sheet means the estimated unaudited balance sheet of the Company dated the Closing Date which shall be (i) prepared in accordance with GAAP (except that such unaudited balance sheet does not contain the footnotes required by GAAP) and prepared in good faith and based on reasonable assumptions and (ii) approved by Buyer, which approval shall not be withheld unreasonably. “Estimated Net Liabilities” shall be the amount equal to the total liabilities of the Company as determined in accordance with GAAP (“Total Liabilities”) minus the current assets of the Company as determined in accordance with GAAP (“Current Assets”) as reflected in the Estimated Balance Sheet.

Estimated Balance Sheet is defined in Section 2.5.1.

Estimated Balance Sheet means the estimated unaudited consolidated balance sheet of the Company and its Subsidiaries as of the Effective Time, to be prepared and delivered in accordance with Section 2.3(a).