Examples of June Financial Statements in a sentence
In addition, to the extent that a claim for refund or a proceeding results in a payment or credit against income Tax by a taxing authority to Parent, Buyer or the Acquired Companies of any amount accrued on the June Financial Statements, Buyer shall pay such amount to Seller within fifteen (15) days after receipt of such refund or use of such credit.
The Seller shall reimburse Buyer for any Taxes attributable to the portion of the Straddle Period related to the Pre-Closing Tax Period not reserved or otherwise expensed on the June Financial Statements (other than interest or penalties due solely to a failure or delay in filing a required Tax Return or in paying a required Tax not otherwise caused by Seller) as soon as practicable after the date paid by the Buyer.
Buyer shall reimburse Seller for any Straddle Period Taxes reserved or otherwise expensed on the June Financial Statements (other than interest or penalties solely from a failure or delay in filing a required Tax Return or in paying a required Tax not otherwise caused by Seller) in excess of the amount of Taxes attributable to the portion of the Straddle Period related to the Pre-Closing Tax Period as soon as practicable after the date paid by the Buyer.
Motion to approve June Financial Statements and Billings (Resolution 22-02) Chuck Nagel moved to approve June Financial Statements and Billings (Resolution 22-02) and Gary Manier seconded.
Except as set forth in Schedule 3.1(A), the June Financial Statements fairly present in all material respects, in accordance with GAAP, the financial position and results of operations of the Borrower and its Subsidiaries as of the date and for the fiscal period shown therein on a basis consistent with prior periods, subject to year-end audit adjustments.
Don Eberwine moved to accept the June Financial Statements as presented.
Buyer shall not take any action with respect to the accounting books and records of the Acquired Companies and their Subsidiaries on which the June Financial Statements or the calculation of June Adjusted Statutory Book Value is to be based that is not consistent with the past practices of the Acquired Companies (including the Agreed Accounting Policies) and would affect the June Financial Statements or the calculation of June Adjusted Statutory Book Value.
The balances calculated for the Early Close 31 March Financial Statements must be rolled forward with adjustments for monthly accruals and actual payments as part of the 30 June Financial Statements.
Next came the four ‘Tigers’: Korea, Taiwan, Hong Kong and Singapore.
Any such adjustment shall be reflected in the June Financial Statements.