Revised Closing Balance Sheet definition

Revised Closing Balance Sheet means the pro forma balance sheet of the Business as of the Closing Date prepared and delivered by the Company to the Reinsurer in accordance with Article II of the Asset Purchase Agreement.

Revised Closing Balance Sheet has the meaning ascribed to it in Section 2.7(a)(iii).

Revised Closing Balance Sheet shall have the meaning set forth in Section 2.3(c)(i).

Examples of Revised Closing Balance Sheet in a sentence

• Buyer and the Company shall make available to Seller the work papers and back-up materials used to determine the Revised Closing Balance Sheet and Revised Adjustment Amount and shall give Seller reasonable access to the Company’s financial records and to relevant Company personnel.

• The determination by the Independent Accounting Firm shall be final, binding and conclusive on the Parties and a Revised Closing Balance Sheet shall be prepared reflecting such determinations of the Independent Accounting Firm and, if applicable, those disputed items which were resolved by Parent and the Stockholder Representative prior to the retention of the Independent Accounting Firm.

• Butterworth, has determined that an enforcement action serves the public interest.

• All such securities shall be valued at book value, determined in conformity with Connecticut SAP, which value shall be reflected on the Closing Balance Sheet, Revised Closing Balance Sheet and Final Closing Balance Sheet.

• The Revised Closing Balance Sheet and the Revised Net Working Capital Statement shall be prepared in accordance with GAAP and Section 2.04(a) of the Disclosure Schedule.

• If the amounts of actual, applicable Ad Valorem Taxes prorated as of the Closing Date are different from the reserves used in the Master Balance Sheet and the same is not corrected in the Revised Closing Balance Sheet, BU shall pay Santolubes any amount by which such taxes were under-reserved, and Santolubes shall pay BU any amount by which such taxes were over-reserved.

• If the Representative shall not have responded within the thirty (30) day period after receipt of the Revised Closing Balance Sheet, then the Representative and the Company Members shall be deemed to have agreed with calculations of Net Members' Equity set forth in the Revised Closing Balance Sheet and the payments and rights set forth in this Section 2.5(b)(i) above, and Parent, the Representative and each Company Member will be bound by such determination.

• The Revised Closing Balance Sheet shall be prepared by Buyer in good faith, in accordance with GAAP applied in a manner consistent with the Financial Statements.

• Purchaser shall have the right to review the Revised Closing Balance Sheet and comment thereon for a period of forty-five (45) calendar days after receipt thereof.

• If Seller shall not have responded within the thirty (30) day period after receipt of the Revised Closing Balance Sheet, then Seller shall be deemed to have agreed with and will be bound by calculations of Net Closing Assets set forth in the Revised Closing Balance Sheet.

More Definitions of Revised Closing Balance Sheet

Revised Closing Balance Sheet has the meaning set forth in Section 2.7(b).

Revised Closing Balance Sheet shall have the meaning specified in Section 3.2.

Revised Closing Balance Sheet shall have the meaning set forth in Section ----------------------------- 6.