Balance Sheet Amount definition
Examples of Balance Sheet Amount in a sentence
Not later than 60 days after the ------------------------------- Closing Date, Genesis will distribute to the Genesis Members their allocable share of the members' capital of Genesis as of the Closing Date which is in excess of the Minimum Balance Sheet Amount.
JWCFS shall have received from Genesis a certificate of the Chief Financial Officer of Genesis dated the Closing Date stating that as of the Closing Date the members' capital of Genesis on the Closing Date is at least equal to the Minimum Balance Sheet Amount reflected on the Genesis Combination Balance Sheet.
At least four (4) Business Days prior to the Deferred Closing, the BF Party shall notify the FF Party of its good faith estimate of the Deferred Closing Balance Sheet Amount and accordingly its good faith of the Deferred Closing Price, and Deferred Closing shall proceed on the basis of such estimates, subject to adjustment following Deferred Closing in accordance with paragraph 5 of Schedule 3.
At least four (4) Business Days prior to the Deferred Closing Date, the BF Party shall notify the FF Party of its good faith estimate of the Deferred Closing Balance Sheet Amount and accordingly its good faith of the Deferred Closing Price, and Deferred Closing shall proceed on the basis of such estimates, subject to adjustment following Deferred Closing in accordance with paragraph 5 of Schedule 3.
Pioneer and the Company shall publicly announce the anticipated Election Deadline at least five (5) Business Days prior to the anticipated Closing Date, and such announcement shall include a designation by the Company (after consultation with the Sponsor with respect to the Company Designated Balance Sheet Amount) of the Designated Cash Merger Consideration.
To the extent that the sum of the accounts receivable and the Inventory at the time of Closing is (i) less than the Balance Sheet Amount, Purchaser shall be entitled to a dollar for dollar reduction in the Purchase Price, or (ii) greater than the Balance Sheet Amount, Seller shall be entitled to a dollar for dollar increase in the Purchase Price.
The Seller and the Purchaser shall cooperate to close the books and related accounting records of the Company as of the Closing Date and each shall give the other reasonable access to such records until such time as the Closing Date Total Net Balance Sheet Amount is final and binding.
The Closing Date Total Net Balance Sheet Amount shall be determined in U.S. dollars on a going concern basis, in accordance GAAP applied on a consistent basis with those principles used in the determination of the Interim Financial Statements and the Base Total Net Balance Sheet Amount.
To calculate the Total Required Capital for each of the Loan Originator and the Servicer, for each line item asset below, multiply the HRB% set forth opposite such asset by the applicable Balance Sheet Amount (set forth as a line item for such asset on the most recent consolidated balance sheet for the Loan Originator and the Servicer) to determine Required Capital, and the sum of all Required Capital results shall equal the Total Required Capital (HRB% x Balance Sheet Amount = Required Capital).
For purposes of these calculations, the "Assumed Balance Sheet Amount" is -$49,518,278 (such negative amount representing the sum of the "Company Assets" MINUS the "Company Liabilities", such "Company Assets" and "Company Liabilities" to be determined in a manner consistent with the calculations and information set forth on EXHIBIT A).