End Balance Sheet Sample Clauses
The End Balance Sheet clause defines the requirement to prepare a final financial statement at the conclusion of a specified period or upon termination of an agreement. This clause typically outlines the process for compiling and agreeing upon the assets, liabilities, and equity as of the end date, often involving both parties' review and approval. Its core function is to ensure transparency and accuracy in the financial position at the end of the relationship, facilitating fair settlements and reducing the risk of disputes over outstanding balances.
End Balance Sheet. “Year-End Balance Sheet” shall mean the audited consolidated balance sheet of the Company and its consolidated Subsidiaries as of June 24, 2009, included in the Company’s Report on Form 10-K for the fiscal year then ended, as filed with the SEC on September 22, 2009. The obligation of Acquisition Sub to accept for payment and deliver consideration for shares of Company Common Stock validly tendered (and not withdrawn) pursuant to the Offer is subject to the satisfaction of the Minimum Condition and the additional conditions set forth in clauses “(a)” through “(j)” below. Accordingly, notwithstanding any other provision of the Offer or the Agreement to the contrary, Acquisition Sub shall not be required to accept for payment or deliver consideration for, and may delay the acceptance for payment or the delivery of consideration for, any tendered shares of Company Common Stock, if (i) the Minimum Condition shall not be satisfied by midnight, Eastern Time, on the expiration date of the Offer (taking into account any extensions made pursuant to Section 1.1(d)), or (ii) any of the following additional conditions shall not be satisfied or have been waived in writing by Parent:
End Balance Sheet. “Year-End Balance Sheet” shall mean the audited consolidated balance sheet of the Company and its consolidated Subsidiaries as of September 30, 2012, included in the Company’s Report on Form 10-K for the fiscal year then ended, as filed with the SEC on December 28, 2012.
End Balance Sheet. The Seller shall cooperate with and give assistance to the Investors and the Investors' Accountants in relation to the preparation of the Year-End Balance Sheet and the Audited Financial Statements. Until the Year-End Balance Sheet is final and binding in accordance with Section 1.5(b) and until the Audited Financial Statements have been prepared and finalized, the Seller shall give to the Additional Accounting Firm, the Investors, Holdco, the Company and their counsel, accountants and other authorized representatives, on prior request therefor from the Additional Accounting Firm, the Investors, Holdco, the Company or such representatives, such access during normal business hours to copies of the Seller's financial statements, books and records so as to allow the Investors' Accountants to prepare the Year-End Balance Sheet, so as to allow the Additional Accounting Firm to resolve disputes as specified in Section 1.5(b), and so as to allow Holdco, the Company and their accountants to prepare the Audited Financial Statements.