Target Balance Sheet definition

Target Balance Sheet has the meaning set forth in Section 3.7.

Target Balance Sheet shall have the meaning set forth in Section 2.4 hereof.

Target Balance Sheet has the meaning set forth in Section 5.04(d).

Examples of Target Balance Sheet in a sentence

• All properties used in the operations of Target are reflected in the Target Balance Sheet to the extent generally accepted accounting principles require the same to be reflected.

• Since the Target Balance Sheet Date, Target has continued to replenish inventories in a normal and customary manner consistent with past practices.

• All properties used in the operations of Target are reflected in the Target Balance Sheet to the extent GAAP requires the same to be reflected.

• All properties used in the operations of Target are reflected in the Target Balance Sheet to the extent required by generally accepted accounting principles.

• All properties used in the operations of Target and its subsidiaries are reflected in the Target Balance Sheet to the extent generally accepted accounting principles require the same to be reflected.

More Definitions of Target Balance Sheet

Target Balance Sheet means the consolidated balance sheet of Target as at July 31, 2010 and July 31, 2009, forming part of the Target Financial Statements;

Target Balance Sheet has the meaning set forth in Section 8.7(c) of the Agreement.

Target Balance Sheet has the meaning specified in Section 4.8.

Target Balance Sheet means the most recent balance sheet contained in the Target SEC Documents.

Target Balance Sheet means the most recent balance sheet included in the Unaudited Financial Statements of Target.

Target Balance Sheet means the unaudited, consolidated balance sheet of the Companies, dated September 30, 2006, which is attached hereto as Exhibit F.

Target Balance Sheet means the combined balance sheet of the Transferred Companies as of March 30, 2002 prepared in accordance with GAAP as described and supplemented by the Accounting Principles applied on a basis consistent with the Preliminary Balance Sheet (with the exception of the notes and interest payable to affiliates line item) and shall fairly present the combined financial position of the Transferred Companies as of the close of business on March 30, 2002; provided, that the Target Balance Sheet shall include (i) a reserve for self-insured retentions for general liability, automobile and worker's compensation insurance in an amount equal to $3.6 million (which amount shall be identical to the amount set forth on the Closing Balance Sheet), (ii) goodwill (net) in an amount equal to $45.2 million (which amount shall be identical to the amount set forth on the Closing Balance Sheet), (iii) assets and liabilities relating to pension plans in amounts equal to $0.6 and $12.5 million, respectively (which amounts shall be identical to the amounts set forth on the Closing Balance Sheet) and (iv) net assets and liabilities relating to deferred income taxes equal to $0.0 (which amount shall be identical to the amount set forth on the Closing Balance Sheet). The parties acknowledge that the calculation of Pension Plan Liability for purposes of Section 8.01(d) shall be determined solely in accordance with that Section and the definition of Pension Plan Liability. "Final Net Worth" means the Closing Net Worth (i) as shown in Buyer's calculation delivered pursuant to Section 2.03(a), if no Objection Notice is duly delivered pursuant to Section 2.03(b); or (ii) if such Objection Notice is delivered, (A) as agreed by Buyer and US Seller pursuant to Section 2.03(c), or (B) in the absence of such agreement, as shown in the Unrelated Accounting Firm's calculation delivered pursuant to Section 2.03(c); provided that in no event shall Final Net Worth be more than US Seller's calculation of Closing Net Worth delivered pursuant to Section 2.03(b) or less than Buyer's calculation of Closing Net Worth delivered pursuant to Section 2.03(a).