Annual Balance Sheets definition
Examples of Annual Balance Sheets in a sentence
The amounts carried as reserves for expenses, including, without limitation, all expenses for services rendered and goods purchased, and warranty claims on the Annual Balance Sheets are sufficient for the payment of (i) expenses incurred prior to the Closing Date, other than Transaction Expenses (ii) current warranty claims and (iii) warranty claims which arise prior to twelve (12) months from the date of the Annual Balance Sheet.
The Latest Financial Statements and the Annual Balance Sheets are accurate in all material respects.
The Company does not have any liability for unpaid Taxes accruing after the date of the Annual Balance Sheets other than unpaid Taxes arising in the ordinary course of business.
All Taxes owed and due by each Company relating to operations on or prior to the date of the Annual Balance Sheets (whether or not shown on any Tax Return) have been paid on a timely basis.
All Taxes owed and due by the Company relating to operations on or prior to the date of the Annual Balance Sheets (whether or not shown on any Tax Return) have been paid on a timely basis.
Annual Balance Sheets and Statements of Revenue and Expenditure shall be prepared and certified as correct by the Trustees and the Accountant.
Attached hereto as Schedule 2.8(a) are true and complete copies of the consolidated balance sheets of Seller and Subsidiary as of May 31, 1997 (the "Annual Balance Sheets") and as of December 31, 1997 (the "Current Balance Sheet") and the related statements of income and retained earnings and cash flows for the fiscal years ended May 31, 1997 and for the period ended December 31, 1997.