Financial Statements Current Assets means the “current assets” of the Companies, as defined by GAAP (excluding all Tax assets properly accrued for any period prior to March 14, 2013, and excluding all Non-Ordinary Course Intercompany Receivables); provided, however, that to the extent a payment has been made to the Indentures Trustee on behalf of the Companies in respect of the Notes, the cash in respect of such payment shall not be considered a “current asset” of the Companies even if such payment has not yet been applied by the Indentures Trustee to reduce the Indebtedness outstanding under the Notes. Attached as Exhibit B hereto is a statement of what the Financial Statements Current Assets would have been if the Closing Date had been March 31, 2013.

Financial Statements Current Assets means, in respect of any Working Capital Company, the “current assets” of such Working Capital Company, as defined by GAAP (excluding all Non-Ordinary Course Intercompany Receivables of such Working Capital Company).

Financial Statements Current Assets means the combined “current assets” of Express US Holdings LP and Express Holdings (Canada) LP, as defined by Canadian ASPE (excluding all Tax assets and Non-Ordinary Course Intercompany Receivables). Attached as Exhibit C hereto is a statement of what the Financial Statements Current Assets would have been if the Closing Date had been September 30, 2012.

Examples of Financial Statements Current Assets in a sentence

SE Corp shall be entitled to any refund of Taxes of a Company received for any Pre-Closing Period of such Company and, with respect to any Straddle Period of such Company, for the portion of such taxable year or period ending at the end of the relevant Closing Date; provided, however, SE Corp’s entitlement to a refund of Taxes hereunder shall be reduced to take into account the amount of any such refund of Taxes taken into account in determining the relevant Company’s Financial Statements Current Assets.
The comments of Comptroller & Auditor General of India under section 143(6)(b) of the Companies Act, 2013 on the accounts of the Company for the year 2022-23 forms part of this report.In respect of the comments made by C&AG in their reports, your Directors have 2ated that:Standalone Financial Statements: Current Assets Inventories (Note-8) Scrap: Rs. 40.82 lakhThis represents the value of scrap amounting to Rs. 40.82 lakh relating to Engineering Division of the Company.
Notes to Consolidated Financial Statements Current Assets and Current Liabilities: The carrying value of cash equivalents, accounts receivable, notes receivable, short-term borrowings, accounts payable, and accrued expenses approximate fair value because of their short maturity.
Contributor shall be entitled to any refund of Taxes of the Companies received for any Pre-Closing Period and, with respect to any Straddle Period, for the portion of such taxable year or period ending at the end of the Closing Date; provided, however, the Contributor’s entitlement to a refund of Taxes hereunder shall be reduced to take into account the amount of any such refund of Taxes taken into account in determining the Financial Statements Current Assets.
Seller shall be entitled to any refund of Taxes of the Companies received for any Pre-Closing Period and, with respect to any Straddle Period, for the portion of such taxable year or period ending at the end of the Closing Date; provided, however, the Seller’s entitlement to a refund of Taxes hereunder shall be reduced to take into account the amount of any such refund of Taxes taken into account in determining the Financial Statements Current Assets.

More Definitions of Financial Statements Current Assets

Financial Statements Current Assets means, in respect of the Contributed Entities, the aggregate “current assets” of the Contributed Entities, as defined by GAAP.

Related to Financial Statements Current Assets

Historical Financial Statements means the audited consolidated balance sheets of the Borrower as of December 31, 2006 and December 31, 2005 and the audited consolidated statements of income, stockholders’ equity and cash flows of the Borrower for each of the fiscal years in the three year period ending on December 31, 2006.
Unaudited Financial Statements has the meaning set forth in Section 3.4(a).
Financial Statements Date shall have the meaning ascribed to it in Section 3.7.
Audited Financial Statements means the audited consolidated balance sheet of the Borrower and its Subsidiaries for the fiscal year ended December 31, 2012, and the related consolidated statements of income or operations, shareholders’ equity and cash flows for such fiscal year of the Borrower and its Subsidiaries, including the notes thereto.
Interim Financial Statements has the meaning set forth in Section 3.06.
Applicable Financial Statements means, as at any date, the most-recent audited financial statements of the Borrower delivered to the Lenders; provided that if immediately prior to the delivery to the Lenders of new audited financial statements of the Borrower a Material Adverse Change (the “Pre-existing MAC”) shall exist (regardless of when it occurred), then the “Applicable Financial Statements” as at said date means the Applicable Financial Statements in effect immediately prior to such delivery until such time as the Pre-existing MAC shall no longer exist.
Current Financial Statements has the meaning given to such term in Section 5.9.
Financial Statements has the meaning set forth in Section 3.06.
Audited financial statement means a financial statement audited by an outside accounting firm.
Pro Forma Financial Statements shall have the meaning set forth in Section 5.5(b) hereof.
Financial Statement Date means December 31, 1999.
Monthly Financial Statements is defined in Section 6.2(c).
Target Financial Statements has the meaning set forth in Section 3.4.
Year-End Financial Statements has the meaning set forth in Section 3.06.
Consolidated Financial Statements means, with respect to any Person, collectively, the consolidated financial statements and notes to those financial statements, of that Person and its Consolidated Subsidiaries prepared in accordance with GAAP.
Company Financial Statements has the meaning set forth in Section 3.6(a).
Parent Financial Statements has the meaning set forth in Section 4.6(a).
Financial Statement has the meaning set forth in Section 4(g) below.
Borrower Financial Statements has the meaning assigned to such term in Section 4.4(a).
Annual Financial Statements has the meaning set forth in Section 3.06.
Quarterly Financial Statements is defined in Section 6.2(a).
Seller Financial Statements has the meaning set forth in Section 3.5(a).
Statutory Financial Statements means, with respect to any Party, the annual and quarterly statutory financial statements of such Party filed with the Governmental Body charged with supervision of insurance companies in the jurisdiction of domicile of such Party to the extent such Party is required by Applicable Law to prepare and file such financial statements.
Audited Financials has the meaning specified in Section 4.6(a).
Closing Financial Statements has the meaning set forth in Section 6.22.
Company Audited Financial Statements has the meaning set forth in Section 3.11.

Financial Statements Current Assets definition

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