Preliminary Statement of Working Capital definition

Preliminary Statement of Working Capital means the unaudited special purpose statement of Preliminary Working Capital of TXU Gas as of the Closing Date, to be prepared in accordance with Section 4.06(b).

Preliminary Statement of Working Capital has the meaning set forth in Section 2.4(b) hereof.

Preliminary Statement of Working Capital. 2.06(a) “Pro Rata Portion” 2.02(b) “Proceeding” 5.24(b) “Prohibited Person” 3.26(b)

Examples of Preliminary Statement of Working Capital in a sentence

• The Preliminary Statement of Working Capital shall be prepared in accordance with GAAP.

• Disputes between Buyer and Stockholder relating to the Preliminary Closing Balance Sheet and/or the Preliminary Statement of Working Capital that cannot be resolved by Buyer and Stockholder within thirty (30) days after receipt by Buyer of the notice referred to in Section 2.6(b) may be referred thereafter for decision at the insistence of either party to Price Waterhouse LLP.

• The Preliminary Closing Balance Sheet and the Preliminary Statement of Working Capital shall become final and binding upon the parties upon the earlier of (i) the failure by Stockholder to object thereto within the period permitted under Section 2.6(b), (ii) the agreement between Buyer and Stockholder with respect thereto and (iii) the decision by the Auditor with respect to any disputes under Section 2.6(c).

• If either the Closing Assumed Debt or the Closing Working Capital would result in an adjustment in the Purchase Price in accordance with this Section 2.6, Buyer shall deliver the Preliminary Closing Balance Sheet and the Preliminary Statement of Working Capital to Stockholder promptly upon its completion.

• The Seller will make available to the Buyer and to the Buyer's Accountants and their respective representatives, all books and records owned by the Seller relating to the Preliminary Statement of Working Capital reasonably necessary in connection with their review thereof (excluding the work papers of KPMG LLP to the extent not permitted by KPMG LLP).

• Costs previously supplied in association with each of the 4 Options are detailed.Options 2 and 3 were previously discounted.

• Promptly, but no later than ninety (90) days after its acceptance of its appointment as Arbiter, such Arbiter shall determine, based on presentations by the Buyer and the Seller, and, to the extent the Arbiter deems necessary, by independent review, those items in dispute on the Preliminary Statement of Working Capital and shall render a written report as to the resolution of each dispute and the resulting calculation of the Final Statement of Working Capital.

• The Arbiter shall have exclusive jurisdiction over, and resort to the Arbiter as provided in this Section 1.06(c) shall be the sole recourse and remedy of the parties against one another or any other Person with respect to, any disputes arising out of or relating to the Preliminary Statement of Working Capital; and the Arbiter's determination shall be conclusive and binding on all of the parties hereto and shall be enforceable in a court of law.

• Each of the Preliminary Closing Balance Sheet and the Preliminary Statement of Working Capital shall be binding and conclusive upon, and deemed accepted by, Stockholder if timely delivered by Buyer unless Stockholder shall have notified Buyer in writing of any objections thereto consistent with the provisions of this Section 2.6 within sixty (60) days after receipt thereof.

• These facilities include a state of the art fitness centre, the Max Bell Aquatic Centre, Ascent Climbing Centre and Bouldering Cave, gymnasium, indoor track, and access to a wide range of fitness classes.7. REGISTRATION AS A NURSEa. Canadian Registered Nurses Examination (CRNE)As a graduate of an Alberta entry-level nursing education program, you must complete your initial registration in this province even if you do not plan to practice here.