CIBA Reference Balance Sheet definition

CIBA Reference Balance Sheet means the audited balance sheet of CIBA as of December 31, 1997, a copy of which is set forth in Section 4.A.06(a) of the Disclosure Schedules.

Examples of CIBA Reference Balance Sheet in a sentence

  • Since the date of the CIBA Reference Balance Sheet, except as disclosed in Section 4.A.08 of the Disclosure Schedules, the business of CIBA has been conducted in the ordinary course and consistent with past practice.

  • Reserves are reflected on the CIBA Reference Balance Sheet against all Liabilities of CIBA in amounts that have been established on a basis consistent with the past practices of CIBA and in accordance with French GAAP.

  • There are no Liabilities of CIBA, other than Liabilities (i) reflected or reserved against on the CIBA Reference Balance Sheet, or (ii) incurred since the date of the CIBA Reference Balance Sheet in the ordinary course of the business, consistent with the past practice, of CIBA, and which do not and could not have a Material Adverse Effect.