May Balance Sheet definition

May Balance Sheet shall have the meaning set forth in Section 4.17(a).
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May Balance Sheet has the meaning given to it in Section 4.21.
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May Balance Sheet has the meaning set forth in Section 3.4(a).
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Examples of May Balance Sheet in a sentence

  • The Assets to be conveyed, transferred and delivered shall include all those reflected on the May Balance Sheet with only such changes therein as shall have occurred between the Balance Sheet Date and the Closing Date in the ordinary course of business consistent with past practice.

  • The assets, properties, con tracts and rights of the Company and its subsidiaries include all of the assets, properties, contracts and rights that are necessary for the conduct of the Business in the manner as it is currently conducted, and are reflected in the May Balance Sheet (other than assets that have been sold or disposed of in the ordinary course of business and except that the sale or other disposition of the Designated Real Property pursuant to Section 4.1(c) may occur prior to Closing).

  • Except as set forth on Schedule 4.20, all Inventory reflected in the May Balance Sheet which is obsolete, defective or below standard quality has been reserved, written off or written down to net realizable value.

  • Seller shall use its Reasonable Best Efforts to deliver to Buyer the May Balance Sheet by December 31, 2007, but in any event no later than five (5) Business Days following delivery of the May Balance Sheet to the lenders pursuant to the Seller Credit Agreement or any successor financing arrangements of Seller and its Affiliates.

  • The May Balance Sheet shall be prepared in accordance with GAAP, subject to the absence of footnotes, cash flow statements, income statements, changes in position and other presentation items required by GAAP, and normal year-end adjustments.

  • A true and complete copy of the May Balance Sheet is attached hereto as Schedule 4.17(a).

  • Items included May 27 board meeting minutes; May Balance Sheet, May Profit/Loss Statement, May Actual v Budget, and May’s General Ledger.

  • This Court will thus analyze the appealability of the Bankruptcy Order in this case using the factors set out in section 1292(b) to guide its analysis while adopting the pragmatic and liberal approach required indetermining the appealability of an interlocutory order in a bankruptcy proceeding.

  • Mr. Nichols presented the May Balance Sheet which shows our position has improved so we now have just over 4 months of liquid assets if we had no other revenues coming in.

  • All deficiencies asserted as a result of any examinations by the IRS or any other taxing authority have been paid, fully settled or adequately provided for in the May Balance Sheet.


More Definitions of May Balance Sheet

May Balance Sheet means an unaudited internally prepared consolidated balance sheet of the Company and Magnificat Music, L.L.C. as of May 31, 2002, using the accrual basis of accounting and mutually agreed upon by Sellers and Buyer.
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Related to May Balance Sheet

  • Company Balance Sheet means the consolidated balance sheet of the Company and its Subsidiaries as of December 31, 2016 and the footnotes thereto set forth in the Company’s annual report on Form 10-K for the fiscal year ended December 31, 2016.

  • Interim Balance Sheet has the meaning set forth in Section 3.06.

  • Latest Balance Sheet has the meaning set forth in Section 3.4(a).

  • Audited Balance Sheet means the audited balance sheet of the company prepared for the purposes of the Companies Acts for a financial year unless an audited consolidated balance sheet dealing with the state of affairs of the company and its subsidiary undertakings required to be dealt with in group accounts has been prepared for those purposes for the same financial year, in which case it means that audited consolidated balance sheet, and in that case all references to reserves shall be deemed to be references to consolidated reserves;

  • Unaudited Balance Sheet has the meaning set forth in Section 3.4(a)(ii).

  • SpinCo Balance Sheet means the pro forma combined balance sheet of the SpinCo Business, including any notes and subledgers thereto, as of June 30, 2018, as presented in the Information Statement made available to the Record Holders.

  • Closing Balance Sheet has the meaning set forth in Section 2.4(a).

  • Balance Sheet has the meaning set forth in Section 3.06.

  • Audited Company Balance Sheet means the consolidated balance sheet (and the notes thereto) of the Company and its consolidated Subsidiaries as of December 31, 2020, set forth in the Company’s Annual Report on Form 10-K filed by the Company with the SEC for the fiscal year ended December 31, 2020.

  • Pro Forma Balance Sheet as defined in Section 4.1(a).

  • Closing Date Balance Sheet has the meaning specified in Section 2.7.

  • Balance Sheets has the meaning set forth in Section 4.5(a).

  • Current Balance Sheet shall have the meaning set forth in Section 2.7.

  • Estimated Closing Balance Sheet has the meaning set forth in Section 2.6(a).

  • Final Balance Sheet has the meaning set forth in Section 2.4(e).

  • Final Closing Balance Sheet shall have the meaning set forth in Section 2.3(e).

  • Unaudited Interim Balance Sheet shall have the meaning specified in Section 2.4(a)(iii) of the Agreement.

  • Estimated Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a) hereof.

  • Interim Balance Sheet Date has the meaning set forth in Section 3.06.

  • Latest Balance Sheet Date has the meaning set forth in Section 3.10.

  • Most Recent Balance Sheet means the balance sheet contained within the Most Recent Financial Statements.

  • Off-Balance Sheet Arrangement means any transaction, agreement or other contractual arrangement to which an entity unconsolidated with the Borrower is a party, under which the Borrower has:

  • Off-Balance Sheet Obligation means the monetary obligation of a Person under (a) a so-called synthetic, off-balance sheet or tax retention lease, (b) an agreement for the use or possession of property creating obligations that do not appear on the balance sheet of such Person but which, upon the insolvency or bankruptcy of such Person, would be characterized as the indebtedness of such Person (without regard to accounting treatment) or (c) an agreement for the sale of receivables or like assets creating obligations that do not appear on the balance sheet of such Person but which, upon the insolvency or bankruptcy of such Person, could be characterized as the indebtedness of such Person (without regard to accounting treatment).

  • Company Balance Sheet Date means December 31, 2016.

  • Recent Balance Sheet has the meaning set forth in Section 3.5(a).

  • Off-Balance Sheet Liabilities of any Person shall mean (i) any repurchase obligation or liability of such Person with respect to accounts or notes receivable sold by such Person, (ii) any liability of such Person under any Sale-Leaseback Transactions that do not create a liability on the balance sheet of such Person, (iii) any obligation under a Synthetic Lease or (iv) any obligation arising with respect to any other transaction which is the functional equivalent of or takes the place of borrowing but which does not constitute a liability on the balance sheet of such Person.