Reference Balance Sheets definition

Reference Balance Sheets is defined in Section 4.6.

Reference Balance Sheets shall have the meaning set forth in Section 2.7(a).

Reference Balance Sheets means the separate balance sheets for the Companies as of the Reference Date, a true and exact copy of which will be initialed by the parties and attached hereto as Exhibit P.

Examples of Reference Balance Sheets in a sentence

• All material Taxes due and owing by Sellers (whether or not shown on any Tax Return) with respect to the Business have been paid or accrued on the Reference Balance Sheets.

• No Purchased Company has any Liabilities for unpaid Taxes that have not been accrued for or reserved on the Reference Balance Sheets in accordance with GAAP, whether asserted or unasserted, contingent or otherwise.

• Except to the extent of reserves reflected in the Reference Balance Sheets, all of the Pharmacy Inventory and other inventory on hand on the date of this Agreement and to be on hand on the Closing Date, consists and will consist of items of a quality usable or saleable in the ordinary and usual course of business in all material respects.

• Since the date of the Reference Balance Sheets, each of the Purchased Companies has collected its accounts receivable in the ordinary course of its business and in a manner which is consistent with past practices and has not accelerated any such collections.

• Attached hereto as part of Section 6.8 of the Disclosure Schedule are the Financial Statements, including the Reference Balance Sheets.

More Definitions of Reference Balance Sheets

Reference Balance Sheets means the balance sheets set forth as Exhibit P.

Reference Balance Sheets means (a) the unaudited balance sheet of the Water Business as of December 31, 2017, and (b) the unaudited balance sheet of the Water Business as of September 30, 2018.

Reference Balance Sheets means the balance sheets for each of the Purchased Companies as of May 31, 2012, attached as part of Section 6.8 of the Disclosure Schedule.

Reference Balance Sheets means, collectively, the unaudited balance sheets of the Company for the six (6) month period ended on the Reference Balance Sheet Date, which balance sheets are included in the Financial Statements.

Reference Balance Sheets means the balance sheets included in the Quarterly Statements of each of SLUS and SLNY and the Interim Unaudited Financial Statements of BarbCo 3 and SLFIAC, each dated as of the Reference Date, which are attached as Section 1.1(yyyy) of the Seller Disclosure Letter.

Reference Balance Sheets means the balance sheets of the Business derived from the Cedant Statutory Statements using the Reference Balance Sheet Methodology.

Reference Balance Sheets has the meaning in paragraph 1(b) of Schedule 2;