Such statements shall include a statement of Members’ equity based on hypothetical liquidation at book value (HLBV) accounting.
Under HLBV, the amount of GAAP profits and losses to be recognized is determined without regard to unrealized increases or decreases in the estimated current values of the Company's assets.
ECO means Engineering Change Orders.
ATS means an alternative trading system, as defined in Rule 300(a)(1) of Regulation ATS under the Exchange Act.
Seller Parent has the meaning set forth in the Preamble.
FMS Means the provision by Cartrack to the Client of a real-time web-based system whereby the Client is able to position, monitor and obtain reports covering various aspects of driver and vehicle performance. This Service only applies where a GPS fleet management Unit is installed and is limited to the Territory, except if the Product specifically incorporates international data roaming, in which case the roaming data service will be provided in specified countries.
NB The obligation to complete, duly sign and submit this declaration cannot be transferred to an external authorized representative, auditor or any other third party acting on behalf of the bidder. I, the undersigned, (full names), do hereby declare, in my capacity as …………………………………………………..…….. of (name of bidder entity), that: