Examples of Xxxx Balance Sheet in a sentence
Xxxx and X.Xxxx) for a cash purchase price to be $430,874 based on the Preliminary Xxxxxx Xxxx Balance Sheet (the "Xxxxxx Xxxx Transaction").
The unaudited balance sheet of Xxxx Xxxx as of and for the fiscal year ended December 31, 2005 has been made available to the Buyer prior to the date hereof (the "Xxxx Xxxx Balance Sheet").
The Xxxx Balance Sheet reflects in all material respects ---------- all of the real and personal property used by Xxxx and Subs in their business or otherwise held by Xxxx and Subs, except for (a) property acquired or disposed of in the ordinary course of the business of Xxxx and Subs since the date of such balance sheet, and (b) personal property or leasehold interests not required under GAAP to be reflected thereon.
The Xxxx Balance Sheet fully accrues (and the balance sheets subsequent to the date of the Xxxx Balance Sheet and provided to CBC prior to the Closing Date will fully accrue) all current and deferred Taxes, as required in accordance with GAAP.
The Xxxx Xxxx Balance Sheet presents truly and fairly in all material respects the assets, liabilities, and financial condition of Xxxx Xxxx as of the date thereof and is correct, complete, and consistent in all material respects with the books and records of Xxxx Xxxx.
Xxxx Wolf has good and marketable title to, or a valid leasehold interest in, the properties and assets used by them, located on their premises, or shown on the Most Recent Xxxx Xxxx Balance Sheet or acquired after the date thereof, free and clear of all Security Interests, except for properties and assets disposed of in the Ordinary Course of Business since the date of the Most Recent Xxxx Wolf Financial Statement.
All of the fixed assets and properties listed on the Xxxx Balance Sheet or thereafter acquired are in satisfactory condition and repair for the requirements of the business as presently conducted by Xxxx and Subs, except for imperfections that would not have a Material Adverse Effect.