Transfer Balance Sheet definition
Examples of Transfer Balance Sheet in a sentence
To the extent that ILA receives any refunds of amounts previously paid to a guarant▇▇ fund, plan, pool, or association or of any similar assessment, ILA shall reimburse the Administrator (in the Administrator's ca▇▇▇ity as the Reinsurer) to the extent such amount was reflected as an asset on the Closing Date Transfer Balance Sheet or the Reinsurer shall have reimbursed ILA under the Reinsur▇▇▇e Agreement for the amount refunded.
The Initial Transfer Balance Sheet shall be prepared in accordance with SW's accounting policies, principles, practices and procedures existing at the Initial Transfer Date and on the basis that the SW employees listed in Part 3 of the Schedule have been seconded to Business Stream.
Within ninety (90) days after the Consolidation Date, the CITY and the COUNTY will jointly approve any adjustments to the Transfer Balance Sheet as may be necessary to reflect the actual Expenses and any Reserve balance (the “Adjusted Balance Sheet”).
In the event the Closing occurs after December 31, 2012, Buyer or its Affiliates shall provide an incentive bonus covering the entire 2013 calendar year, consistent with Section 8.1(c), and Seller or its Affiliate shall reimburse Buyer for the portion of the 2013 bonus pool at Seller’s target bonus level that is attributable to the period commencing on January 1, 2013 and ending on the Closing Date to the extent such amount is not reflected on the Transfer Balance Sheet.
Without prejudice to Section 15, all costs of the BSN Group Companies arising out of or in connection with the preparation of the Draft Transfer Balance Sheet shall be borne by BSN KG, all costs arising out of or in connection with the Transfer Balance Sheet shall be borne by Seller 1 (as to 50%) and the S&N Sellers (as to 50%), and all costs arising out of or in connection with the JV (Holding) Transfer Accounts shall be borne by the S&N Sellers.
To the extent that I▇▇ receives any refunds of amounts previously paid to a guarantee fund, plan, pool, or association or of any similar assessment, I▇▇ shall reimburse the Administrator (in the Administrator’s capacity as the Reinsurer) to the extent such amount was reflected as an asset on the Closing Date Transfer Balance Sheet or the Reinsurer shall have reimbursed I▇▇ under the Reinsurance Agreement for the amount refunded.
The Purchaser (post-Closing) shall procure that the Sellers and their advisers shall have all such access to the management, employees, accounting records and other financial information of the Purchased Companies, the BSN Group and (to the extent possible) the Associate as is reasonably necessary for the purpose of preparation of the Transfer Balance Sheet and shall allow the Sellers to take copies of all such documents for such purpose.
The Reinsured Business does not have any Liabilities required to be reflected on a balance sheet (or in the notes thereto) prepared in accordance with SAP, except Liabilities (a) disclosed in, reflected or reserved for in the Initial Transfer Balance Sheet, (b) incurred in the ordinary course of business since the date of the Initial Transfer Balance Sheet or (c) comprising the Excluded Liabilities.
Transfer Balance Sheet The balance sheet as of 1 January 2010, in which the as- sets and liabilities transferred to VERSA in the de-merger are shown and which is attached to this Agreement in An- nex 8.3.
If the matter in dispute is agreed, the Initial Transfer Balance Sheet shall (subject to any agreed amendment) become final and binding on the parties.