Examples of Financial Statement Principles in a sentence
The MLIM Balance Sheet was prepared in accordance with the MLIM Financial Statement Principles.
Each Earn-Out Statement will be prepared in accordance with Financial Statement Principles.
The Estimated U.S. Net Assets and the Estimated Canadian Net Assets will be prepared in conformity with the Financial Statement Principles and Exhibit B.
All reserves reflected on the Financial Statements have been established in accordance with GAAP, except as otherwise specified in the Financial Statement Principles.
With respect to any calculation of Net Working Capital for the purposes of this Agreement, no change in accounting principles or methodology shall be made from the Financial Statement Principles, including, without limitation, with respect to the nature of accounts, level of reserves or level of accruals.
The Net Working Capital of Seller as of the Closing Date determined in accordance with this Section 4.3 is referred to herein as the "CLOSING WORKING CAPITAL BALANCE." In the event that the Financial Statement Principles do not include any policies, principles or methodology required to determine the Net Working Capital of Seller, then the Net Working Capital of Seller will be determined on a basis in accordance with GAAP.
Table of Contents MLIM Financial Statement Principles This exhibit describes the general principles for the construction of the MLIM Balance Sheet.