Examples of June Balance Sheet in a sentence
The statement of assets and liabilities to be transferred pursuant to this Agreement as of June 30, 2004 (the “June Balance Sheet”) and the statement of operating profit of the Business for the three months ended June 30, 2004 (the “June Income Statement”, collectively with the June Balance Sheet and the Annual Management Accounts, the “Management Accounts”) to be delivered by MCI pursuant to Section 6.16 will be prepared on the basis of the Applicable Accounting Principles.
Upon award of a Purchase Order and upon Buyer’s specific request, AxleTech will provide proof of insurance regarding Worker’s Compensation, Comprehensive automotive, and General Commercial Liability, with combined single limits of $1,000,000.
The amounts reflected in the December Balance Sheet, the March Balance Sheet and the June Balance Sheet with respect to coal and mineral reserves have been included or will be included in such financial statements in accordance with GAAP, consistently applied.
Except as set forth on Schedule 5.20 or under the Seller Plans or the Non-Compete Agreements, none of Sellers nor Nextera has become obligated, directly or indirectly, to any shareholder, director, officer, member or manager of any of Sellers or any member of their families, except for current liability for such compensation reflected on the June Balance Sheet.
Since the date of the June Balance Sheet there has not been any change, event or development having, or that could be reasonably expected to have, individually or in the aggregate, a material adverse effect on the Corporation or the Corporation's Assets or the Corporation's Liabilities.