Most Recent Audited Balance Sheet definition
Examples of Most Recent Audited Balance Sheet in a sentence
Except as disclosed on Schedule 4.25, since the Most Recent Audited Balance Sheet Date, all settlements of intercompany liabilities between the Company or the Company Subsidiary, on the one hand, and any of the Affiliates, officers, directors, or shareholders thereof or any of such officer’s, director’s, or shareholder’s Affiliates, on the other hand, have been made, and all allocations of intercompany expenses have been applied, in the ordinary course of business consistent with past practice.
Prior to the Closing, Adsmart shall provide to the Buyer the audited financial statements shown on Section 4.6 of the Disclosure Schedule (the "Adsmart Audited Financial Statements"), which shall include an audited balance sheet of Adsmart as of October 31, 1999 (the "Most Recent Audited Balance Sheet").
Since the Most Recent Audited Balance Sheet Date, there has not been a Material Adverse Effect, or any event or development which, individually or together with other such events, could reasonably be expected to result in a Material Adverse Effect.
Schedule 4.18(d) sets forth all payments, listing the amounts and dates of each such payment, made or accrued since the Most Recent Audited Balance Sheet Date in connection with the law suits set forth thereon.
All inventory and supplies reflected on the Closing Consideration Balance Sheet shall be so reflected on the basis of a complete physical count taken on the Closing Date, adjusted for receipts and shipments through the Closing Consideration Date, and shall be valued in accordance with Bit 3's prior practices as reflected in the Most Recent Audited Balance Sheet.