INTERIM BALANCE definition

INTERIM BALANCE. SHEET"--as defined in Section 3.4.

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INTERIM BALANCE. Sheet shall have the meaning given in Section 3.6.

INTERIM BALANCE or “Year-End Balance Sheet” means the unaudited balance sheets of FotoPunch pursuant to Section 3.6(a). Interim Balance Sheet Date has the meaning set forth in Section 3.6(a) below.

Examples of INTERIM BALANCE in a sentence

• The Liabilities on the balance sheet included in the Interim Financial Statements (the "INTERIM BALANCE SHEET") consist solely of accrued obligations and Liabilities incurred by the Company in the ordinary course of business to Persons which are not Affiliates of the Company.

• True and correct copies of the unaudited balance sheet of Taurus as of September 30, 1997 (the "TAURUS INTERIM BALANCE SHEET") and the unaudited statements of operations, cash flows and stockholder's equity for the nine months ended September 30, 1997, have been delivered to CNG prior to the date hereof (the Taurus Interim Balance Sheet and such other statements being referred to herein as the "TAURUS INTERIM FINANCIAL STATEMENTS").

• Except as set forth in the notes to the Financial Statements or on SCHEDULE 3.07 hereto, the Liabilities on the balance sheet included in the Interim Financial Statements (the "INTERIM BALANCE SHEET") consist solely of accrued obligations and Liabilities incurred by the Company in the ordinary course of business to Persons which are not Affiliates of the Company.

• Seller has no material liabilities or obligations except for liabilities or obligations reflected or reserved against in the unaudited balance sheet as of September 30, 2006 (the "INTERIM BALANCE SHEET") and current liabilities incurred in the ordinary course of business of Seller since September 30, 2006.

• All of the premiums receivable of the Insurance Subsidiaries shown on the December 31, 1996 Balance Sheet or the March 31, 1997 consolidated balance sheet of the Company contained in the Company SEC Filings (the "INTERIM BALANCE SHEET"), or thereafter acquired arose under validly issued policies of insurance in the ordinary and usual course of the business of the Company or the applicable Subsidiary.

More Definitions of INTERIM BALANCE

INTERIM BALANCE. Sheets"--as defined in Section 3.4.

INTERIM BALANCE. SHEET - as defined in Section 3.4. INTERIM STATEMENTS - as defined in Section 3.4. IRC - the Internal Revenue Code of 1986, as amended, or any successor law, and regulations issued by the IRS pursuant to the Internal Revenue Code or any successor law. IRS - the United States Internal Revenue Service or any successor agency, and, to the extent relevant, the United States Department of the Treasury. KNOWLEDGE - Seller will be deemed to have "Knowledge" of a particular fact or other matter if any of the Persons listed on Exhibit 1-1 is actually aware (as opposed to any imputed knowledge) of such fact or other matter. Buyer will be deemed to have "Knowledge" of a particular fact or matter if any of the Persons listed on Exhibit 1-2 is actually aware (as opposed to any imputed knowledge) of such fact or matter: LEASES - as defined in Section 2.4(a)(iv). LEGAL REQUIREMENT - any federal, state, local, municipal, foreign, international, multinational, or other administrative order, constitution, law, ordinance, principle of common law, rule, regulation, guidance, statute, or treaty. LHE - as defined in Section 2.4(a)(ii). LICENSE AGREEMENT - as defined in Section 2.4(a)(v).

INTERIM BALANCE means an interim balance sheet and profit and loss account of the Company and the Subsidiaries as at 30 September 2000 reviewed by the Company's auditor (PricewaterhouseCoopers) including report on review of interim financial statements of 13 December 2000 on interim accounts prepared by the Company's auditor, cf. Schedule 3.

INTERIM BALANCE. SHEETS"--as defined in Section 3.4. ------------------------ "IRC"--the Internal Revenue Code of 1986 or any successor law, and regulations ----- issued by the IRS pursuant to the Internal Revenue Code or any successor law. "IRS"--the United States Internal Revenue Service or any successor agency, and, ----- to the extent relevant, the United States Department of the Treasury.

INTERIM BALANCE. SHEET"--as defined in Section 5.4.

INTERIM BALANCE. Sheet or arising since the Balance Sheet Date, which liabilities in the aggregate are of a character and magnitude consistent with past practice; and

INTERIM BALANCE. SHEET" Section 1.2(b)(v) "LEASES" Section 2.13(b)