Final Financial Statement definition

Final Financial Statement means the balance sheet of the Branch prepared by the Seller as of the close of business at the Branch on the Closing Date, and delivered by the Seller to the Buyer pursuant to Section 3.2(a)(ii). The Final Financial Statement is to be prepared in accordance with the Seller's normal practices and procedures (except that such normal practices and procedures shall be modified as necessary to implement prorations required by, or other provisions of, this Agreement) and in a manner consistent with the Closing Financial Statement.

Final Financial Statement means the balance sheet of the Branches prepared by the Seller as of the close of business at the Branches on the Closing Date, and delivered by the Seller to the Buyer pursuant to Section 3.2(a)(ii). The Final Financial Statement is to be prepared in accordance with the Seller's normal practices and procedures (except that such normal practices and procedures shall be modified as necessary to implement prorations required by, or other provisions of, this Agreement) and in a manner consistent with the Closing Financial Statement.

Final Financial Statement means the balance sheet of the Branch prepared by the Seller as of the close of business at the Branch on the Closing Date, and delivered by the Seller to the Buyer pursuant to Section 3.2(a)(ii). The Final Financial Statement is to be prepared in accordance with the Seller's normal practices and procedures (except that such normal practices and procedures shall be modified as necessary to implement prorations required by, or other provisions of, this Agreement) and in a manner consistent with the Closing Financial Statement. "Financial Statements" shall mean collectively the Closing Financial Statement, the Pre-Final Financial Statement and the Final Financial Statement. "Furniture, Fixtures and Equipment" means all furniture, fixtures and equipment that are listed on Schedule 1.1(a) under the caption "Sold to Buyer." Buyer acknowledges that there shall be excluded from this definition any and all other items, including those listed on Schedule 1.1(a) under the caption "Retained by Seller (Items Excluded from Sale)." "Individual Retirement Account" or "IRA" xxans an account created by trust for the exclusive benefit of an individual or his or her beneficiaries in accordance with the provisions of Section 408 of the IRC. "Initial Base Amount" shall have the meaning set forth in Section 3.1. "IRA Xxxosits" shall have the meaning set forth in Section 3.2(e). "IRC" means the Internal Revenue Code of 1986, as amended. "Liabilities" means (i) the Assumed Deposits, (ii) the Assumed Contracts, if any, (iii) the Seller's obligations to provide services from and after the Closing Date in connection with the Assets and the Assumed Deposits, and (iv) such other liabilities of the Seller with respect to the operations of the Branch as may be described on Schedule 1.1(b) (the "Other Liabilities"); excluding, however, any Assumed Contracts as to which any consents required to transfer the same to the Buyer at Closing cannot be obtained; and no other duty, obligation or liability whatsoever (including, without limitation, any and all penalties, fines, compensatory or punitive damages of any kind whatsoever) of the Seller, its Affiliates or any other person or with respect to the Assets or Liabilities. "Magnetic Tapes" shall mean the computer data storage tapes (which may be in reel-to-reel or cartridge form) prepared by Seller which contain the information to be used for an automated conversion of the Assumed Deposits. "Overdrafts" means only overdrafts in Accounts (othe...

Examples of Final Financial Statement in a sentence

• Financial Closure requires the return of unspent balances and submission of the Certified Final Financial Statement and Report.

• The Final Financial Statement will be issued within three (3) months of the Completion Date.

• Declared unit costs/expenses that will be identified as ineligible in line with the provisions of the Agreement will be deducted from the total amount declared.The analysis of the Final Financial Statement may lead to a request for reimbursement of a certain amount.

• In the case of Early Termination, the Parties shall agree on the deadline for the UN Partner to submit the last Progress Report and the Final Financial Statement and to refund any monies received by the UN Partner that have not been spent or committed by the Early Termination or Completion Date.

• II.22), should be included in the Final Financial Statement (i.e. in the Cost Summary sheet of the Financial Statement – part that has to be completed by the Coordinating Beneficiary).

• An institutionally managed project can have an overhead of up to 15% of the project cost and will need to submit a Final Financial Statement as one of the outputs at the end of the project to confirm actual spend.

• As above, the Financial Officer of the institution should submit the MS Research Australia Final Financial Statement, within 2 months of the proposed research end date reflecting financial status at research conclusion.

• Final Financial Statement (Income Statement/Profit and Loss Statement) for contracted fiscal year, specific to the Early Learning Coalition of North Florida, shall be submitted by the Contractor to the Coalition within fifty (50) calendar days after contract termination.

• Upon Completion or Early Termination, UNDP will also provide the Final Financial Statement issued by the UNDP Office of Financial Resources Management.

• For this purpose, at the time of the submission of the Final Financial Statement (or Final Project Report), the final amount of the SJU Co-Financing will take into account any Project receipts received by the Consortium.

More Definitions of Final Financial Statement

Final Financial Statement means the report to be furnished by the Host Institution to the HRB in accordance with Clause 5.4 of Schedule 2.

Final Financial Statement means the report to be furnished to the HRB in accordance with