Stub Period Balance Sheet definition

Stub Period Balance Sheet means the balance sheet included in the Stub Period Financial Statements.
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Stub Period Balance Sheet has the meaning set forth in Section 5.9.
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Stub Period Balance Sheet shall have the meaning given to such term in Section 6.05(a)(ii).
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Examples of Stub Period Balance Sheet in a sentence

  • Except as disclosed on Schedule 6.9, since the Stub Period Balance Sheet Date, there has been no material adverse change in the condition, financial or otherwise, net worth or results of operations of Vastera and its Subsidiaries, other than changes occurring in the ordinary course of business which changes have not, individually or in the aggregate, had a material adverse effect on the business, prospects, properties or condition, financial or otherwise, of Vastera.

  • Any fees and expenses of the Auditor with respect to the preparation of the Stub Period Balance Sheet shall be borne equally by the Shareholders and Buyer; provided, however, that such fees shall in no event exceed $80,000 in the aggregate unless agreed upon by the Shareholders’ Representative and Buyer.

  • All Taxes owed by SUPERNET (whether or not shown on any Tax Return) based on operations through the Stub Period End have been paid or accrued on the Stub Period Balance Sheet.

  • The accounts receivable reflected on the Stub Period Balance Sheet, and the accounts receivable created after the Stub Period Date, are valid and genuine and arose from bona fide transactions in the ordinary course of the Corporation's business.

  • SCHEDULE 4.3 to this Agreement contains a true and complete schedule of all debts and known liabilities of the Corporation recorded in the Stub Period Balance Sheet in excess of $25,000.

  • All Taxes owed by SSC (whether or not shown on any Tax Return) based on operations through the Stub Period End have been paid or accrued on the Stub Period Balance Sheet.

  • The “Intercompany Accounts Schedule” contains a complete list of all intercompany balances as of the date of the Stub Period Balance Sheet between any Seller (other than amounts payable to, or benefits provided by the Company and its Subsidiaries to, any Seller in respect of such Seller’s employment by the Company and its Subsidiaries) or any of its Affiliates, on the one hand, and the Company or any of its Subsidiaries, on the other hand.

  • All Taxes owed by Acquirer (whether or not shown on any Tax Return) based on operations through the Stub Period End have been paid or accrued on the Stub Period Balance Sheet.

  • All notes and accounts receivable of the Company are reflected properly on their books and records, are valid receivables subject to no setoffs or counterclaims, are current and collectible, and will be collected in accordance with their terms at their recorded amounts, subject only to the reserve for bad debts set forth on the face of the Stub Period Balance Sheet, as adjusted to reflect operations thereafter in accordance with past practice.

  • Except as set forth on Section 4(n) of the Disclosure Schedules, all notes and accounts receivable of CFT are reflected properly on its books and records, are valid receivables subject to no setoffs or counterclaims, are presently current and collectible, and will be collected in accordance with their terms at their recorded amounts, subject to CFT's reserves for bad debt as set forth on the Stub Period Balance Sheet.

Related to Stub Period Balance Sheet

  • 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;

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

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

  • 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.

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

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

  • 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.

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

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

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

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

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

  • Audited Company Balance Sheet means the consolidated balance sheet (and the notes thereto) of the Company and its consolidated Subsidiaries as of December 31, 2020, set forth in the Company’s Annual Report on Form 10-K filed by the Company with the SEC for the fiscal year ended December 31, 2020.

  • Unaudited Interim Balance Sheet shall have the meaning specified in Section 2.4(a)(iii) of the Agreement.

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

  • Current Fiscal Year means the fiscal year for which a particular calculation is made.

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

  • Consolidated Cash Balance means, at any time, the aggregate amount of cash and cash equivalents, marketable securities, treasury bonds and bills, certificates of deposit, investments in money market funds and commercial paper, in each case, held or owned by, or credited to, the account of the Borrower and its Subsidiaries (including non-wholly owned Subsidiaries and Permitted J/Vs).

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

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

  • Latest Balance Sheet Date has the meaning set forth in Section 3.10.

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

  • Preliminary Closing Balance Sheet has the meaning set forth in Section 2.2(b) below.

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

  • Annual Balanced Budget means that, in each Funding Year of the term of this Agreement, the total revenues of the HSP are greater than or equal to the total expenses, from all sources, of the HSP;

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