Proforma Balance Sheet definition

Proforma Balance Sheet has the meaning described in Section 4.1.12 (Proforma Financial Statements) below.
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Proforma Balance Sheet means the consolidated proforma balance sheet of the Company, as at 30 November 2003, prepared on the basis that it holds 100% of the Japanese and Taiwanese Vsource Companies, containing particulars on the repayment of shareholder's loans and payment of dividends, and which shall be delivered by the Vendor to the Purchaser within the time period stipulated in Clause 5.2 herein;
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Proforma Balance Sheet has the meaning specified in Section 1.1(a).
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Examples of Proforma Balance Sheet in a sentence

  • A copy of the Pro-forma Balance Sheet and the Pro-forma Financial Projections are attached hereto as Exhibits C-1 and C-2, respectively.

  • Pro-forma Balance Sheet The following table sets out AuSelect pro-forma consolidated balance sheet prior to the AuSelect Scheme, but after the acquisition of 100% of Sedimentary.

  • All existing accounts receivable of the 501 Company (including those accounts receivable reflected on the 501 Company Proforma Balance Sheet that have not yet been collected and those accounts receivable that have arisen since September 30, 2005 and have not yet been collected) represent valid obligations of customers of the 501 Company arising from bona fide transactions entered into in the ordinary course of business.

  • The Agent shall have received and approved the Borrower's Proforma Balance Sheet and Proforma Financial Projections, which Proforma Balance Sheet and Proforma Financial Projections must be in form and content acceptable to the Agent in its sole and absolute discretion.

  • The Pro-forma Balance Sheet is correct and complete, has been prepared in accordance with GAAP, and fairly presents the consolidated financial condition of the Borrower and the Subsidiaries as of immediately after consummation of the Norwich Stock Purchase Transaction and the transactions incident thereto.

  • A copy of the Proforma Balance Sheet and the Proforma Financial Projections are attached hereto as Exhibits D-1 and D-2, respectively.

  • The Borrower has furnished to the Agent a Pro-forma consolidated balance sheet of the Borrower and the Subsidiaries as of immediately after consummation of the Norwich Stock Purchase Transaction and the transactions incident thereto (the "Pro-forma Balance Sheet") together with Pro-forma financial projections of the Parent for the five-year period subsequent to the Norwich Stock Purchase Transaction (the "Pro-forma Financial Projections").

  • A Three-Year Projection of Income and Expenses, and a Three-Year Pro-forma Balance Sheet, including a statement of all underlying assumptions for income and expense projections.

  • Receipt by the Agent of an acceptable Financial Certificate of the Borrower, with the Pro-forma Balance Sheet referenced in Section 4.6b attached, and the Lenders shall be satisfied with the Borrower's financial condition and ability to meet its obligations.

  • The potential cash benefit to the Company resulting from the exercise of these options is not reflected in the Proforma Balance Sheet.

Related to Proforma Balance Sheet

  • Pro Forma Balance Sheet as defined in Section 4.1(a).

  • Interim Balance Sheet has the meaning set forth in Section 3.06.

  • Latest Balance Sheet has the meaning set forth in Section 3.4(a).

  • Company Balance Sheet means the consolidated balance sheet of the Company and its Subsidiaries as of December 31, 2016 and the footnotes thereto set forth in the Company’s annual report on Form 10-K for the fiscal year ended December 31, 2016.

  • Audited Balance Sheet means the audited balance sheet of the company prepared for the purposes of the Companies Acts for a financial year unless an audited consolidated balance sheet dealing with the state of affairs of the company and its subsidiary undertakings required to be dealt with in group accounts has been prepared for those purposes for the same financial year, in which case it means that audited consolidated balance sheet, and in that case all references to reserves shall be deemed to be references to consolidated reserves;

  • SpinCo Balance Sheet means the pro forma combined balance sheet of the SpinCo Business, including any notes and subledgers thereto, as of June 30, 2018, as presented in the Information Statement made available to the Record Holders.

  • Unaudited Balance Sheet has the meaning set forth in Section 3.4(a)(ii).

  • Final Balance Sheet has the meaning set forth in Section 2.4(e).

  • Closing Balance Sheet has the meaning set forth in Section 2.4(a).

  • Balance Sheet has the meaning set forth in Section 3.06.

  • Closing Date Balance Sheet has the meaning specified in Section 2.7.

  • Most Recent Balance Sheet means the balance sheet contained within the Most Recent Financial Statements.

  • relevant balance sheet means the latest published audited consolidated balance sheet of the Group, but where the Company has no subsidiaries it means the balance sheet and profit and loss account of the Company and, where the Company has subsidiaries but there are no consolidated accounts of the Group, it means the respective balance sheets and profit and loss accounts of the companies comprising the Group;

  • Recent Balance Sheet has the meaning set forth in Section 3.5(a).

  • Current Balance Sheet shall have the meaning set forth in Section 2.7.

  • Pro Forma Financial Statements shall have the meaning set forth in Section 5.5(b) hereof.

  • Estimated Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a) hereof.

  • Parent Balance Sheet means the consolidated balance sheet of Parent as of March 31, 2016 and the footnotes thereto set forth in Parent’s quarterly report on Form 10-Q for the fiscal quarter ended March 31, 2016.

  • Estimated Closing Balance Sheet has the meaning set forth in Section 2.6(a).

  • Balance Sheets has the meaning set forth in Section 4.5(a).

  • Off-Balance Sheet Liabilities of any Person shall mean (i) any repurchase obligation or liability of such Person with respect to accounts or notes receivable sold by such Person, (ii) any liability of such Person under any Sale-Leaseback Transactions that do not create a liability on the balance sheet of such Person, (iii) any obligation under a Synthetic Lease or (iv) any obligation arising with respect to any other transaction which is the functional equivalent of or takes the place of borrowing but which does not constitute a liability on the balance sheet of such Person.

  • Off-Balance Sheet Obligation means the monetary obligation of a Person under (a) a so-called synthetic, off-balance sheet or tax retention lease, (b) an agreement for the use or possession of property creating obligations that do not appear on the balance sheet of such Person but which, upon the insolvency or bankruptcy of such Person, would be characterized as the indebtedness of such Person (without regard to accounting treatment) or (c) an agreement for the sale of receivables or like assets creating obligations that do not appear on the balance sheet of such Person but which, upon the insolvency or bankruptcy of such Person, could be characterized as the indebtedness of such Person (without regard to accounting treatment).

  • Reference Balance Sheet shall have the meaning assigned to it in Section 4.3.

  • Pro Forma Basis and “Pro Forma Effect” mean, with respect to compliance with any test hereunder for an applicable period of measurement, that (A) to the extent applicable, the Pro Forma Adjustment shall have been made and (B) all Specified Transactions and the following transactions in connection therewith that have been made during the applicable period of measurement or subsequent to such period and prior to or simultaneously with the event for which the calculation is made shall be deemed to have occurred as of the first day of the applicable period of measurement (as of the last date in the case of a balance sheet item) in such test: (a) income statement items (whether positive or negative) attributable to the property or Person subject to such Specified Transaction, (i) in the case of a Disposition of all or substantially all Equity Interests in any Restricted Subsidiary of the Borrower or any division, product line, or facility used for operations of the Borrower or any of its Restricted Subsidiaries, shall be excluded, and (ii) in the case of a Permitted Acquisition or Investment described in the definition of “Specified Transaction,” shall be included, (b) any retirement of Indebtedness, and (c) any Indebtedness incurred or assumed by the Borrower or any of its Restricted Subsidiaries in connection therewith and if such Indebtedness has a floating or formula rate, shall have an implied rate of interest for the applicable period for purposes of this definition determined by utilizing the rate which is or would be in effect with respect to such Indebtedness as at the relevant date of determination; provided that, (1) without limiting the application of the Pro Forma Adjustment pursuant to clause (A) above, the foregoing pro forma adjustments may be applied to any such test solely to the extent that such adjustments are consistent with the definition of “Consolidated EBITDA” and give effect to events (including cost savings, synergies and operating expense reductions) that are (as determined by the Borrower in good faith) (i) (x) directly attributable to such transaction, (y) expected to have a continuing impact on the Borrower and its Restricted Subsidiaries and (z) factually supportable or (ii) otherwise consistent with the definition of “Pro Forma Adjustment” and (2) in connection with any Specified Transaction that is the incurrence of Indebtedness in respect of which compliance with any specified leverage ratio test is by the terms of this Agreement required to be calculated on a Pro Forma Basis, the proceeds of such Indebtedness shall not be netted from Indebtedness in the calculation of the applicable leverage ratio test.

  • Off-Balance Sheet Obligations means liabilities and obligations of the Borrower, any Subsidiary or any other Person in respect of “off-balance sheet arrangements” (as defined in Item 303(a)(4)(ii) of Regulation S-K promulgated under the Securities Act) which the Borrower would be required to disclose in the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” section of the Borrower’s report on Form 10-Q or Form 10-K (or their equivalents) which the Borrower is required to file with the Securities and Exchange Commission (or any Governmental Authority substituted therefor).

  • Final Closing Balance Sheet shall have the meaning set forth in Section 2.3(e).