Historical Balance Sheets definition
Examples of Historical Balance Sheets in a sentence
The Financial Statements other than the Historical Balance Sheets present accurately and fairly in all material respects the financial position, assets and liabilities and results of operations of the Business for the respective periods therein (after taking into account the corporate asset and liability allocations described in the Applicable Accounting Principles).
The Historical Balance Sheets present accurately and fairly in all material respects the financial position, assets and liabilities and results of operations of the commercial aviation division (except for the inclusion of certain corporate and business aviation assets and liabilities not related to the Business and the exclusion of certain commercial aviation assets and liabilities related to the Business).
The Historical Balance Sheets, the Current Balance Sheet, the Historical Income Statements, and the Current Income Statement are collectively referred to as the "Financial Statements".
With respect to the preparation of the Draft Closing Balance Sheet, no change in accounting principles shall be made from those utilized in preparing the Historical Balance Sheets, including, without limitation, with respect to the nature of accounts, or the determination of the level of reserves or level of accruals.
The Historical Balance Sheets constituting a part of the Historical Financial Statements fully and fairly present, in all respects, all liabilities of the Acquired Companies of the types which are required to be set forth therein as at the date thereof.
The accounts receivable of Seller: (i) detailed in the Historical Balance Sheets and (ii) as of September 30, 2001, shown on the Current Balance Sheet, all arose from valid transactions in the Ordinary Course of Business of Seller.