Balance Sheet Reserves Sample Clauses

Balance Sheet Reserves. The reserves for accounts receivable reflected in the most recent audited balance sheet of the Company have been established in accordance with GAAP and such reserves, taken as a whole, based on the Company's experience, are adequate to cover any losses relating to collectibility of accounts receivable.
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Balance Sheet Reserves. 26 SECTION 4.24. Foreign Corrupt Practices Act..................................26 ARTICLE V Representations and Warranties of Parent and Sub
Balance Sheet Reserves. On the Closing Date, WHL shall have sufficient cash in its business banking account to cover the liabilities set forth on the Balance Sheet and those incurred up to the Closing Date plus an additional two hundred thousand USD ($200,000.00).
Balance Sheet Reserves. 36 6.26 Year 2000 Compliance....................................................................... 36 6.27 Qualification of Merger as a Tax Free Reorganization....................................... 37 6.28 Affiliate Transactions..................................................................... 39 6.29
Balance Sheet Reserves. The reserves reflected in the December 31 Financials have been, and the reserves reflected in the Interim Financials will be, established in accordance with generally accepted accounting principles and such reserves, taken as a whole, are adequate to cover any losses relating to the subject matter thereof.
Balance Sheet Reserves. 33 3.26 Year 2000 Compliance............................................................... 33 3.27
Balance Sheet Reserves. The reserves reflected in the Interim Financials have been established in accordance with GAAP and such reserves, taken as a whole, are adequate to cover any losses relating to the subject matter thereof.
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Balance Sheet Reserves. The reserves for accounts receivable, as reflected on the 1998 Audited Financials have been established in accordance with generally accepted accounting principles.

Related to Balance Sheet Reserves

  • Off-Balance Sheet Liabilities The Indebtedness of any Person shall include the Indebtedness of any partnership or joint venture in which such Person is a general partner or a joint venturer, except to the extent that the terms of such Indebtedness provide that such Person is not liable therefor.

  • Pro Forma Balance Sheet; Financial Statements The Lenders shall have received (i) the Pro Forma Balance Sheet, (ii) audited consolidated financial statements of the Borrower and its Subsidiaries for the most recently ended fiscal year and (iii) unaudited interim consolidated financial statements of the Borrower and its Subsidiaries for each fiscal quarter ended after the date of the latest applicable financial statements delivered pursuant to clause (i) of this paragraph as to which such financial statements are available.

  • Off-Balance Sheet Arrangements There is no transaction, arrangement, or other relationship between the Company or any of its Subsidiaries and an unconsolidated or other off balance sheet entity that is required to be disclosed by the Company in its 1934 Act filings and is not so disclosed or that otherwise could be reasonably likely to have a Material Adverse Effect.

  • Balance Sheet Date December 31, 1997.

  • Off-Balance Sheet Transactions There is no transaction, arrangement or other relationship between the Company or any of its Subsidiaries and an unconsolidated or other off-balance sheet entity which is required to be disclosed in the Registration Statement, the Pricing Disclosure Package and the Prospectus (other than as disclosed therein).

  • Financial Statements; Pro Forma Balance Sheet; Projections On or prior to the Initial Borrowing Date, the Administrative Agent shall have received true and correct copies of the historical financial statements, the pro forma financial statements and the Projections referred to in Sections 8.05(a) and (d), which historical financial statements, pro forma financial statements and Projections shall be in form and substance reasonably satisfactory to the Administrative Agent and the Required Lenders.

  • No Off Balance Sheet Arrangements There is no transaction, arrangement, or other relationship between the Company or any of its Subsidiaries and an unconsolidated or other off balance sheet entity that is required to be disclosed by the Company in its 1934 Act filings and is not so disclosed or that otherwise could be reasonably likely to have a Material Adverse Effect.

  • Balance Sheet “Balance Sheet” is defined in Section 3.6 of the Agreement.

  • Operations Since Balance Sheet Date (a) Except as set forth in Schedule 5.5(A), since the Balance Sheet Date, there has been:

  • Current Liabilities Current Liabilities means the aggregate amount of all current liabilities as determined in accordance with GAAP, but in any event shall include all liabilities except those having a maturity date which is more than one year from the date as of which such computation is being made.

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