Statements of Assets and Liabilities definition
Examples of Statements of Assets and Liabilities in a sentence
Borrower shall not permit the amount of Net Assets reported on its semi-annual Statements of Assets and Liabilities to decrease by more than twenty-five percent (25%) from the amount of Net Assets reported on its Statement of Assets and Liabilities delivered to Agent on or about the Effective Date.
The Statements of Assets and Liabilities are prepared in accordance with GAAP and are complete and accurate in all material respects and are consistent with the internal books and records of Seller.
The Closing Business Statement of Assets and Liabilities shall be prepared on the same basis (including the application of the same principles, methodologies and assumptions) as the December and March SAP Reference Business Statements of Assets and Liabilities, attached as Schedule 2.8(b)(i) and Schedule 2.8(b)(ii), respectively, with any adjustments that have been agreed upon by Reinsurer and Ceding Company.
Full Financial Statement Preparation (automated Statements of Assets and Liabilities, of Operations and of Changes in Net Assets) and submission to the Fund by 10th business day.
These assets and liabilities are included in the Consolidated Statements of Assets and Liabilities above.
PREPARATION OF SEMI-ANNUAL REPORTS AND ANNUAL REPORTS o Preparation of Schedule of Investments, Statements of Assets and Liabilities, Operations and Changes, Financial Highlights and Footnotes to Financial Statements.
The number of authorized, issued and outstanding shares of Common Shares of the Fund is as set forth in the Registration Statement and the Prospectus under the caption Description of Shares--Common Shares" and in the statement of additional information under the caption "Statements of Assets and Liabilities as of [ ], 2004." The Common Shares of the Fund conform in all material respects to the description of them in the Prospectus under the caption "Description of Shares --Common Shares" in the Prospectus.
The Statements of Assets and Liabilities have been prepared on a basis consistent with exhibit 2.1.1 of the due diligence information provided to Buyer, provided however, that the Statements of Assets and Liabilities break the grouping "finance receivables" into its appropriate categories.
The Borrowing Notice shall be accompanied by the Statements of Assets and Liabilities, Statement of Operations, and Statements of Changes in Net Assets for each applicable Fund as of the end of the most recent reporting period, as set forth in each applicable Fund's most recent Annual or Semiannual Report to shareholders, together with a calculation of the maximum amount which each applicable Fund could borrow under its Borrowing Limit at the end of such reporting period.
Approval by Purchaser of true and complete copies of the Income and Operating Expense Statements and Statements of Assets and Liabilities relating to the Property since October, 1996 and documentation, including estoppel letters in the form of Exhibit D from tenants leasing at least 75% of the total rentable square footage of the Property showing the current status of each lessee under that lessee's lease.