Examples of Most Recent Audited Balance Sheet in a sentence
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").
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.
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.
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.
To the Knowledge of Seller, there are no Liabilities of the Business, except for (i) Liabilities reflected or reserved against in the Most Recent Audited Balance Sheet and (ii) Liabilities incurred by Seller in the ordinary course of business consistent with past practice since the date of the Most Recent Audited Balance Sheet that are not, individually or in the aggregate, material to the Business taken as a whole.