Examples of November Balance Sheet in a sentence
Except to the extent reflected on Schedule 3.7 or as disclosed by the Seller to the Purchaser in a writing accompanying the A/R Aging Reports, such accounts, notes and other receivables are collectible in the amounts shown on Schedule 3.7, and shall be collectible in the amounts shown on the A/R Aging Reports, net of reserves reflected in the November Balance Sheet and as of the date of the A/R Aging Reports, respectively.
Seller has no material liabilities of any kind, character or description, whether accrued, absolute, secured or unsecured, contingent or otherwise that are not reflected on the November Balance Sheet or otherwise reflected in the Seller Financial Statements at the Balance Sheet Date, including all loan agreements, indemnity or guaranty agreements, bonds, mortgages, Liens, pledges or other security agreements.
Except as set forth on the Disclosure Schedule or as permitted hereby, since the November Balance Sheet Date, there shall not have been any material adverse change in the condition (financial or otherwise), assets, liabilities, reserves, business, properties, operations, technology, employee relations, or customer, supplier or distributor relations of the Company and its Subsidiaries, taken as a whole.
All of the accounts receivable of the Company and its Subsidiaries are actual and bona fide receivables representing obligations for the total dollar amount thereof shown on its books at the November Balance Sheet Date or on the Closing Balance Sheet, as the case may be.
There are no other write-downs which the Company and its Subsidiaries would be required to make to ensure that the November Balance Sheet fairly presents the condition of the Company and its Subsidiaries as of the date thereof.