Examples of Most Recent Fiscal Month End in a sentence
Since the Most Recent Fiscal Month End, there has not been any Material Adverse Change.
All Accounts Receivable of Seller existing on the business day immediately preceding the Closing Date are reflected on Section 3.26 of the Disclosure Schedule (other than those paid since the date hereof), are valid receivables subject to no setoffs or counterclaims and are current and collectible, net of the applicable reserve for bad debts as of Most Recent Fiscal Month End.
Section 3B(g) of the Disclosure Schedule sets forth as of the Most Recent Fiscal Month End a true and correct listing of the indebtedness of the Company described in clauses (i), (ii) and (iii) of the definition of Funded Indebtedness.
Except as reflected in the Most Recent Fiscal Month End balance sheet or incurred since the date thereof in the Ordinary Course of Business, Seller has no known material liability (whether absolute or contingent, whether liquidated or unliquidated and whether due or to become due) and, to the knowledge of Seller, there is no basis for any present or future Proceeding against the Seller giving rise to any liability.
The January 31, 1997 financial statements are the "Most Recent Financial Statements" and January 31, 1997 is the "Most Recent Fiscal Month End." December 31, 1996 is the "Most Recent Fiscal Year End." "Most Recent Balance Sheet" means the balance sheet contained within the Most Recent Financial Statements.