Seller Statement definition

Seller Statement means the balance sheet of Seller as of August 31, 1996, a copy of which has been provided to Purchaser.
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Seller Statement shall have the meaning set forth in Section 1.3(b);
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Seller Statement means a statement provided by Sellers to the MMCS consolidating all Credit Sales made by the Seller to Buyers in a Trading Week;
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Examples of Seller Statement in a sentence

  • As of the date of this Agreement, Seller is not subject to and does not have any Liabilities and Obligations, except as disclosed in the Seller Statement, and except for such Liabilities and Obligations as have arisen in the ordinary course of business of Seller since the date of said Seller Statement, none of which newly arisen Liabilities and Obligations have a material adverse effect upon the Assets, or Seller, its organization, business, properties or financial condition.

  • If Buyer fails to deliver the Closing Statement within such seventy-five (75) day period, or if Buyer accepts in writing the Estimated Closing Purchase Price set forth in the Seller Statement, then Buyer and Seller shall be deemed to have agreed that the Closing Purchase Price is equal to the Estimated Closing Purchase Price and such amounts shall be finally determined and binding on the Parties for all purposes hereunder.

  • The Seller Statement is true, complete and correct and has been prepared in accordance with generally accepted accounting principles consistently followed throughout the periods indicated.

  • The Estimated Closing Purchase Price, the Purchaser Calculations, the Closing Purchase Price, the Seller Statement, the Closing Statement and the calculations contained therein (other than the calculation of the Client Consent Adjustment Amount) shall be determined based on GAAP, to the extent consistent with GAAP, the principles, methodologies, policies, notes and procedures applied in the preparation of the Financial Statements and the principles set forth on Section 1.6(d) of the Disclosure Schedules.

  • Unless (x) Seller notifies Purchaser in writing within 30 days after delivery of the Purchaser Statement of any objection to the financial data set forth therein (the “Notice of Objection”), the Purchaser Statement shall become final and binding and (y) Purchaser gives Seller a Notice of Objection in writing within 30 days after delivery of the Seller Statement, the Seller Statement shall become final and binding.

  • Purchaser and Purchaser’s independent auditors may participate in the preparation of the Seller Statement; provided, however, that Purchaser acknowledges that Seller shall have the primary responsibility and authority for preparing the Seller Statement.

  • Seller shall deliver to Purchaser on the Closing Date the Seller Statement of Inventory.

  • Seller shall deliver to Purchaser on the Closing Date the Seller Statement of Backlog, which statement shall be prepared in accordance with the definition of Backlog and shall set forth the customer name, Sales Order number, shipment date, SKU number, amount and price for each Sales Order.

  • The Purchase Price payable at the Closing shall be determined using the Seller Statement of Adjustments.

  • The amounts to be payable by the Purchaser following the Closing that relate to any service by any Transferred Employee with the Seller through the Closing, including, without limitation, any salary or wages, any accrued vacation, sick or personal days or any bonuses, except to the extent that such amounts will be reflected as Liabilities on the Seller Statement of Net Working Capital (the "Employee Amounts"), are as set forth on Section 3.26 to the Disclosure Schedule.


More Definitions of Seller Statement

Seller Statement has the meaning set forth in Section 8(c)(iii) below.
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Seller Statement means the balance sheet of Seller as of October 31, 1998, a copy of which is attached hereto.
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Seller Statement has the meaning set forth in Section 2(c).
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Seller Statement has the meaning set forth in Section 1.6(b).
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Related to Seller Statement

  • Sellers Disclosure Schedule means the disclosure schedule delivered by the Sellers to the Purchaser on the date hereof.

  • Preliminary Closing Statement shall have the meaning set forth in Section 2.3(a).

  • Draft Closing Statement means a draft closing statement, prepared by Seller, as of the close of business of the third (3rd) business day preceding the Closing Date setting forth an estimated calculation of both the Purchase Price and the Estimated Payment Amount.

  • Closing Statement has the meaning set forth in Section 2.5(a).

  • MERS Report The report from the MERS System listing MERS Designated Mortgage Loans and other information.

  • Pre-Closing Statement has the meaning set forth in Section 2.4(a).

  • Buyer Disclosure Schedule means the disclosure schedule dated as of the date hereof delivered by Buyer to Seller in connection with the execution and delivery of this Agreement.

  • Final Closing Statement has the meaning set forth in Section 2.4(a).

  • Seller Disclosure Schedule means the disclosure schedule delivered by Seller to Purchaser contemporaneously with the execution and delivery of the Agreement.

  • Closing Memorandum means the form of closing memorandum to be prepared by Apple for the Closing under this Agreement in which are included the forms of certificates of officers, the opinions of counsel and certain other documents to be delivered at the Closing as provided in Article VII.

  • Buyer Disclosure Schedules means the disclosure schedules delivered by Buyer to Seller concurrently with the execution of this Agreement.

  • Information Package means the most recent compilation of financial and other data with respect to the Failed Bank, including any amendments or supplements thereto, provided to the Assuming Institution by the Corporation on the web site used by the Corporation to market the Failed Bank to potential acquirers.

  • Seller Disclosure Schedules means the disclosure schedules of Seller delivered by Seller pursuant to this Agreement.

  • Seller's Closing Certificate means the certificate of Seller in the form of Exhibit C attached hereto.

  • Post-Closing Statement has the meaning set forth in Section 3.3(c).

  • Purchaser Disclosure Schedule means the schedule (dated as of the date of the Agreement) delivered to Seller and the Members by the Purchaser, a copy of which is attached to this Agreement.

  • Estimated Closing Statement has the meaning set forth in Section 2.4(a).

  • Closing Date Statement has the meaning set forth in Section 2.06(b).

  • Buyer Disclosure Letter means the disclosure letter delivered by Buyer to Seller concurrently with the execution and delivery of this Agreement.

  • Billing Statement means the billing statement for your Account.

  • Auditor’s Report means the auditor’s report on the Financial Report; “AEDT” means Australian Eastern Daylight Time.

  • Seller Disclosure Letter means the Seller Disclosure Letter attached hereto, dated as of the date hereof, delivered by Seller to Purchaser in connection with this Agreement.

  • Seller Financial Statements has the meaning set forth in Section 3.5(a).

  • Transaction Report is that certain report of transactions and schedule of collections in the form attached hereto as Exhibit C.

  • Payoff statement means a written statement furnished by the mortgage servicer which sets forth all of the following: