Examples of Adjusted Balance Sheet in a sentence
Since the date of the Adjusted Balance Sheet which forms a part of Seller's Adjusted Financial Statements, Seller has operated only in the ordinary course, consistent with past practice, and there has not been any material adverse change, or any event, fact or circumstance which might reasonably be expected to result in a material adverse change, in the assets, liabilities, operating performance, business relationships, or prospects of the Business.
To the Knowledge of Parent, there are no facts or circumstances generally which would result in a material increase in the uncollectability of accounts receivable of the Companies in excess of the reserves set forth on the Adjusted Balance Sheet.
However, they are included for annual disclosure reporting purposes and require confirmations from your service providers.
Except for the reserve for doubtful accounts reflected on the Adjusted Balance Sheet, all accounts receivable of Seller reflected on the Adjusted Balance Sheet, and as incurred in the normal course of business since the date thereof, represent arm's length sales actually made in the ordinary course of business are collectible in the ordinary course of business.
Except as set forth in -------------------------- Schedule 5.19 or reflected on the Adjusted Balance Sheet and except for Excluded ------------- Liabilities, as of the Financial Statements Date, none of the Companies was subject to any liability or obligation, whether known or unknown, absolute, contingent, accrued or otherwise, that would be required to be included on a balance sheet prepared in accordance with GAAP which in the aggregate would have a Material Adverse Effect.