Balance Sheet Items definition

Balance Sheet Items means (i) the book value all Equipment, Finished Goods Inventory, Accounts Receivable and Prepaid Expenses, aggregated with all such similar balances of the Subsidiaries, and all other inventory items of the Subsidiaries, all after giving effect to the Pre-Closing Transactions, less (ii) Seller’s reserves for Product Warranty Claims and the unearned service revenue accrued with respect to the Assumed Service Contracts, in each case, aggregated with all such similar balances of the Subsidiaries after giving effect to the Pre-Closing Transactions.
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Balance Sheet Items means: the Balance Sheet Items as defined in
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Balance Sheet Items. Has the meaning set forth in Section 10.2(a)(v) of Schedule C to the General Terms and Conditions Schedule C
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Examples of Balance Sheet Items in a sentence

  • This model started using to the taxonomies of Balance Sheet Items and Interest Rates Monetary Financial Institutions (BSI-MIR 2010; Bank of Spain 2010) and they were implemented by the Polish financial software company, BR-AG.

  • If Purchaser and Seller do not resolve all disputes arising in connection with the calculation of the Balance Sheet Items and/or relating to the Closing Date Balance Sheet within thirty (30) days after the date of delivery of the Objection Notice, which thirty (30) day period may be extended by written agreement of Seller and Purchaser (such period, as it may be extended, the "INITIAL RESOLUTION PERIOD"), such dispute shall be resolved in accordance with the procedures set forth in Section 3.2 below.

  • Buyer and Seller agree to use best efforts to determine whether or to what extent the respective Proposed Adjustments are agreed upon by the parties hereto, appropriate adjustments shall be made to the Balance Sheet Items and Purchase Price and the parties hereto shall promptly instruct the Escrow Agent to pay to Buyer an amount equal to the non-disputed amount of Buyer's Proposed Adjustments, less any amount of Seller's Proposed Adjustments.

  • Off Balance Sheet Items: Those items which affect the financial position of a business concern, but do not appear in the Balance Sheet E,g guarantees, letters of credit .

  • For example, if Purchaser challenges the calculation of the Balance Sheet Items in the Closing Date Balance Sheet by an amount of One Hundred Thousand Dollars ($100,000), but the Reviewing Party determines that Purchaser has a valid claim for only Forty Thousand Dollars ($40,000), Seller shall bear forty percent (40%) of the fees and expenses of the Reviewing Party and the Purchaser shall bear the other sixty percent 60% of such fees and expenses.

  • The Accounting Referee's determination of the Closing Working Capital Schedule and the Balance Sheet Items based thereon shall be final and binding on the Parties.

  • As of any date of determination, permit the Cash Liquidity of the Loan Parties and their Subsidiaries, on a consolidated basis (excluding, for the avoidance of doubt, all Disregarded CMBS Balance Sheet Items), to be less than $10,000,000.

  • It means the gross tangible assets and gross intangible assets (excluding goodwill, goodwill on consolidation and start up costs) at the date of Completion as per the Completion Balance Sheet, including the items consistent with Balance Sheet Items for the Completion Price Adjustment in Part E of this schedule: - Gross tangible assets (before accumulated depreciation and provisions); plus - Gross intangible assets, excluding goodwill and start up costs,(before accumulated amortisation and provisions).

  • The Closing Date Balance Sheet and the resulting Balance Sheet Items or other items or matters shall be deemed to be accepted by Purchaser, and shall become final and binding on the parties, on the later of (i) the expiration of the Objection Period without the filing of an Objection Notice or (ii) the date on which all objections have been resolved by the parties or the Reviewing Party and payment has been made, to the extent required under Section 3.3 below (the "RECONCILIATION DATE").

  • Purchaser shall have a period of thirty (30) days (the "OBJECTION PERIOD") after receipt of the Closing Date Balance Sheet from Seller in which to provide written notice to Seller of any objections thereto (the "OBJECTION NOTICE"), setting forth in reasonable detail the specific item of the calculation of the Balance Sheet Items or other items or matters to which each such objection relates and the specific basis for each such objection.


More Definitions of Balance Sheet Items

Balance Sheet Items means (i) accounts receivable from Third Parties as of December 31, 1999, (ii) accounts payable to Third Parties as of December 31, 1999 and (iii) prepaid expenses to Third Parties as of December 31, 1999.
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Balance Sheet Items has the meaning specified in Section 3.1 hereof. -----------
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Related to Balance Sheet Items

  • Balance Sheets has the meaning set forth in Section 4.5(a).

  • Off-Balance Sheet Liabilities of any Person shall mean (i) any repurchase obligation or liability of such Person with respect to accounts or notes receivable sold by such Person, (ii) any liability of such Person under any sale and leaseback transactions that do not create a liability on the balance sheet of such Person, (iii) any Synthetic Lease Obligation or (iv) any obligation arising with respect to any other transaction which is the functional equivalent of or takes the place of borrowing but which does not constitute a liability on the balance sheet of such Person.

  • Off-Balance Sheet Liability of a Person means (a) any repurchase obligation or liability of such Person with respect to accounts or notes receivable sold by such Person, (b) any indebtedness, liability or obligation under any so-called “synthetic lease” transaction entered into by such Person, or (c) any indebtedness, liability or obligation arising with respect to any other transaction which is the functional equivalent of or takes the place of borrowing but which does not constitute a liability on the balance sheet of such Person (other than operating leases).

  • Balance Sheet has the meaning set forth in Section 3.06.

  • Off-Balance Sheet Obligations means liabilities and obligations of the Borrower, any Subsidiary or any other Person in respect of “off-balance sheet arrangements” (as defined in Item 303(a)(4)(ii) of Regulation S-K promulgated under the Securities Act) which the Borrower would be required to disclose in the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” section of the Borrower’s report on Form 10-Q or Form 10-K (or their equivalents) which the Borrower is required to file with the Securities and Exchange Commission (or any Governmental Authority substituted therefor).