Interim Management Accounts definition

Interim Management Accounts has the meaning set forth in Section 7.8.
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Interim Management Accounts means the monthly management accounts (including but not limited to a balance sheet and income statement), where available, for the Company and Tradex Converting for the period from 1 January 2006 through the Completion Date;
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Interim Management Accounts means an unaudited pro forma combined balance sheet of the Subject Companies on a pro forma basis, as at September 30, 2000 and unaudited pro forma combined statements of income, owner's net investment and cash flows for the interim period then ended each as prepared on the basis of the Rexam Accounting Policies and in accordance with GAAP.
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Examples of Interim Management Accounts in a sentence

  • Where a Pension Arrangement is not funded, the Acquired Companies have properly provided for all obligations under or in connection with the Pension Arrangement pertaining to periods prior to Closing in the Interim Management Accounts as required by § 6a German Income Tax Act (EStG) (and all other applicable Legal Requirements).

  • The Acquired Companies have paid or made appropriate provisions in the Interim Management Accounts for all Taxes that have become due and an appropriate provision for accrual of Taxes relating to the period prior to Closing which have not become due, including any Taxes with respect to any constructive dividend created on or prior to Closing.

  • All contributions required to be made by any of the Acquired Companies to any Plan: (i) have been timely made or accrued for in the Interim Management Accounts in accordance with § 6a German Income Tax Act (EStG); (ii) are based on the most recent biometric data (Xxxxxxx-Richttafeln 2005 G); and (iii) where any actuarial assumptions are made in calculating the level of funding they are reasonable, prudent and conservative.

  • The management accounts as of the Interim Balance Sheet Date are hereafter referred to as the “Interim Management Accounts.” The Interim Management Accounts have been reviewed by a certified public accountant as regards their compliance with German GAAP.

  • Except as described above, the Interim Management Accounts have been prepared on the basis of the Rexam Accounting Policies and are in accordance with GAAP, applied on a consistent basis.

  • All Taxes attributable to the period from and after the date of the Interim Management Accounts and continuing through the Closing Date are attributable to the conduct by each Subject Company of their respective operations in the ordinary course of business.

  • All such inventory consists of a quality and quantity usable and saleable in the ordinary course of business, except for obsolete items and items of below-standard quality, all of which have been written-off or written-down to net realizable value on the Interim Management Accounts and the Financial Statements.

  • Except as (a) disclosed in the Interim Management Accounts or (b) expressly required by this Agreement, since the date of the Interim Management Accounts, (i) no event or events that would, individually or in the aggregate, result in a Company Material Adverse Effect has or have occurred and (ii) no Subject Company has taken any action that, if taken after the date hereof, would constitute a violation of Sections 5.1(a) through (i).

  • Except for property sold since the date of the Interim Management Accounts in the ordinary course of business, each Subject Company has good title to all the properties and assets reflected on the Interim Management Accounts free and clear of all material Encumbrances not disclosed in the Interim Management Accounts or set forth in Schedule 3.12(d).

  • Rexam PLC has provided to the Purchaser copies of the Interim Management Accounts which are unaudited statements subject to normal recurring year-end audit adjustments and which do not have the applicable year-end footnotes attached thereto, except as included therein.


More Definitions of Interim Management Accounts

Interim Management Accounts means, collectively, (i) the pro-forma management accounts of the Company as of January 31, 2015 attached hereto as Annex 1.1.47 and (ii) an update of the pro-forma management accounts of the Company attached hereto as Annex 1.1.47 (to be delivered by the Sellers to the Purchaser pursuant to Section 5.3.5) as of (a) the last day of the month preceding the month in which the Closing shall occur, in case the Closing Date will fall after the 20th of a month or (b) the last day of the second month preceding the month in which the Closing shall occur, in case the Closing Date will fall between the 1st and the 20th (included) of a month.
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Related to Interim Management Accounts

  • Management Accounts means, in relation to any Reporting Period, the Franchisee’s management accounts which: (a) comply with paragraph 3.10 of Schedule 13 (Information and Industry Initiatives); and (b) are required to be delivered to the Secretary of State by the Franchisee in accordance with paragraphs 3.2 and 3.3 of Schedule 13 (Information and Industry Initiatives);

  • Management Accounts Date means 30 September 2010;

  • Client Accounts means accounts of Clients (i) that are Controlled by an Access Person and (ii) in which no Access Person has a substantial proportionate economic interest; provided that, the Client pays a management, advisory or any other similar arms-length fee to the Access Person and the beneficiary of the Client Account is not an Immediate Family member of an Access Person.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Cash Management Accounts means the bank accounts of each Loan Party maintained at one or more Cash Management Banks listed on Schedule 8.01.

  • Interim Accounts means the unaudited consolidated quarterly financial statements of the Issuer for the quarterly period ending on each 31 March, 30 June, 30 September and 31 December in each year, prepared in accordance with GAAP.

  • Project Accounts means the Revenue Account, the Operating Account, the Maintenance Capital Expense Account, the Debt Service Reserve Account, the Insurance and Condemnation Proceeds Accounts and the Extraordinary Proceeds Account, including any sub-account within such accounts.

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Cash Management Account has the meaning set forth in Section 2.7(a).

  • Collection Accounts As defined in Section 3.10(a).

  • Client Account means the unique personalised account of the Client consisting of all Completed Transactions, Open Positions and Orders in the Trading Platform, the balance of the Client money and deposit/withdrawal transactions of the Client money.

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Sub-Accounts means the respective Sub-Accounts of the Escrow Account, into which the monies specified in Clause 4.1 would be credited every month and paid out if due, and if not due in a month then appropriated proportionately in such month and retained in the respective Sub Accounts and paid out therefrom on the Payment Date(s).

  • Lockbox Accounts means the accounts maintained by Borrower at the Lockbox Banks into which all collections or payments on their Accounts and other Collateral are paid.

  • Escrow Accounts means (1) accounts of Parent or any Subsidiary, solely to the extent any such accounts hold funds set aside by Parent or any Subsidiary to manage the collection and payment of amounts collected, withheld or incurred by Parent or such Subsidiary for the benefit of third parties relating to: (a) federal income tax withholding and backup withholding tax, employment taxes, transportation excise taxes and security related charges, (b) any and all state and local income tax withholding, employment taxes and related charges and fees and similar taxes, charges and fees, including, but not limited to, state and local payroll withholding taxes, unemployment and supplemental unemployment taxes, disability taxes, xxxxxxx’x or workers’ compensation charges and related charges and fees, (c) state and local taxes imposed on overall gross receipts, sales and use taxes, fuel excise taxes and hotel occupancy taxes, (d) passenger facility fees and charges collected on behalf of and owed to various administrators, institutions, authorities, agencies and entities, (e) other similar federal, state or local taxes, charges and fees (including without limitation any amount required to be withheld or collected under applicable law) and (f) other funds held in trust for, or otherwise pledged to or segregated for the benefit of, an identified beneficiary; or (2) accounts, capitalized interest accounts, debt service reserve accounts, escrow accounts and other similar accounts of Parent or any Subsidiary or funds established in connection with the ARB Indebtedness.

  • Blocked Accounts shall have the meaning set forth in Section 6.3 hereof.

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Energy Accounts means the regional energy accounts/state energy accounts as specified in the Grid Code issued by the appropriate agency for each Month (as per their prescribed methodology), including the revisions and amendments thereof;

  • Locked Box Accounts means the unaudited accounts of the Group, consisting of a balance sheet as at the Locked Box Date in the Agreed Form;

  • Separate Accounts means the accounts which are to be prepared for each

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • Custodial Accounts Each custodial account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Purchasing and Servicing Agreement or Servicing Agreement, as applicable.

  • Earnings Accounts means the bank accounts of each of the Obligors from time to time each of which shall be held with the Agent or any of the Agent’s corresponding banks and to which all the Earnings and any proceeds of the Insurances shall be paid.