Estimated Completion Statement definition

Estimated Completion Statement has the meaning given in clause 3.4(a)(ii)(1);
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Estimated Completion Statement means the estimated pro forma aggregated balance sheet (prepared by the Seller in good faith acting reasonably and in accordance with the content, form and Specific Accounting Policies set out in Schedule 10) for the Chello Group as at the close of business on the Completion Date, showing the Estimated External Indebtedness Amount, the Estimated Intra-Group Non-Trade Balance, the Estimated Cash Amount and the Estimated Working Capital Amount;
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Estimated Completion Statement has the meaning given in clause 5.1;
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Examples of Estimated Completion Statement in a sentence

  • The parties shall co-operate in facilitating the computation and review of the Estimated Completion Statement and the Seller shall procure such access for the Buyer and its representatives to the Seller's and each Seller's Group Company's books, records and employees as the Buyer may reasonably request for such task.

  • No less than fifteen (15) days before the Completion Date, the Seller shall furnish the Buyer with a statement that shows the Estimated Inventory Value and the Estimated Accounts Receivable from the Sale of Inventory to Customers Value based on the calculations and balance sheet positions for the month end immediately preceding the Completion Date or, in the event that the Completion Date falls on or before the fifteenth (15) day of the month, the prior month end (the " Estimated Completion Statement").

  • Subject to any such changes which the Seller may agree, the Seller's determination of the Estimated Completion Statement shall be final and binding on the parties.

  • The Buyer may, within ten (10) Business Days of receipt of the Estimated Completion Statement, request any reasonable amendments to the Estimated Completion Statement and the Seller shall use its reasonable endeavours to agree such changes.

  • No later than five Business Days prior to the Completion Date, the Sellers shall deliver to the Buyer the Estimated Completion Statement.

  • If the Assigned Revenue Percentage as set out in the Estimated Completion Statement is less than 80%, the Seller and the Purchaser shall promptly execute the Escrow Agreement and take all actions necessary to establish a $ interest bearing escrow account with the Escrow Agent (the account as designated by the Escrow Agent in writing being the Escrow Account).

  • The Sellers shall give the Purchasers the opportunity to review the Estimated Completion Statement and shall discuss any items therein with which the Purchasers may disagree but for the avoidance of doubt the Purchasers shall not have the right to agree or otherwise refuse to accept the Estimated Completion Statement provided to it hereunder.


More Definitions of Estimated Completion Statement

Estimated Completion Statement means the estimated completion statement set out in Part 2 of Schedule 6;
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Estimated Completion Statement means the pro forma statement of financial position of the
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Estimated Completion Statement has the meaning given in paragraph (3) below;
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Estimated Completion Statement means the statement setting out the Seller's estimates of the Estimated Cash, Estimated Debt and Estimated Working Capital, as determined in accordance with the Estimated Completion Accounts (as 11/00000000_345 applicable), together with the resulting calculation of the Estimated Consideration, in the form set out in the Pro-Forma Completion Statement in Schedule 3.
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Estimated Completion Statement means the draft statement of the aggregate balance sheet of the Companies as at the Effective Time set out in Schedule 8, Part 3 (Pro-forma Completion Statement).
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Estimated Completion Statement means a statement set out in the form of the Pro-forma Completion Statement, by the Company so far as reasonably practicable prepared in accordance with the provisions of Schedule 6.
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Related to Estimated Completion Statement

  • Final Completion means the date determined and certified by A/E and Owner on which the Work is fully and satisfactorily complete in accordance with the Contract.

  • Estimated Closing Statement has the meaning set forth in Section 2.4(a).

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Project Schedule means a document that, with respect to each Phase of the Project, identifies, coordinates and integrates the anticipated design and construction schedules, the Contracting Authority’s and Owner's responsibilities, government authority reviews and other activities as are necessary for the timely completion of the Work.

  • Substantial Completion means the stage in the progress of the work as determined and certified by the Contracting Officer in writing to the Contractor, on which the work (or a portion designated by the Government) is sufficiently complete and satisfactory. Substantial completion means that the property may be occupied or used for the purpose for which it is intended, and only minor items such as touch-up, adjustments, and minor replacements or installations remain to be completed or corrected which:

  • Punch List means the list of items, prepared in connection with the inspection of the Project by the Owner’s Representative or Architect in connection with Substantial Completion of the Work or a portion of the Work, which the Owner’s Representative or Architect has designated as remaining to be performed, completed or corrected before the Work will be accepted by the Owner.

  • Substantial Completion Date means the required date for Substantial Completion of the Project. The Substantial Completion Date can be adjusted only by written Change Order.

  • Certificate of Completion means the certificate of completion given by the Engineer-in-charge pursuant to clause 40 of these conditions;