Interim Management Accounts definition

Interim Management Accounts means, collectively, (i) the pro-forma management accounts of the Company as of January 31, 2015 attached hereto as Annex 1.1.47 and (ii) an update of the pro-forma management accounts of the Company attached hereto as Annex 1.1.47 (to be delivered by the Sellers to the Purchaser pursuant to Section 5.3.5) as of (a) the last day of the month preceding the month in which the Closing shall occur, in case the Closing Date will fall after the 20th of a month or (b) the last day of the second month preceding the month in which the Closing shall occur, in case the Closing Date will fall between the 1st and the 20th (included) of a month.
Sample 1
Interim Management Accounts means the monthly management accounts (including but not limited to a balance sheet and income statement), where available, for the Company and Tradex Converting for the period from 1 January 2006 through the Completion Date;
Sample 1
Interim Management Accounts has the meaning set forth in Section 7.8.
Sample 1

Examples of Interim Management Accounts in a sentence

  • Interim Management Accounts since last date of audited financials, along with an aged list of outstanding Receivables and Payables and strategy for their recovery.

  • Interim Management Accounts if the latest audited report is not ready7.

  • Officially, the en- rolment of acting students is decided upon the request of one or another state-run the- atre, and the educational process takes the form of master classes run by one state theatre director or another, which doesn’t allow the professionalization of the teaching staff.

  • After the Completion Date, the Vendors shall procure the engagement of an independent auditor to carry out an audit on the Interim Management Accounts and prepare the audited financial position of the Group Companies as of the Completion Accounts Date (“ Completion Accounts”).

  • Except for property sold since the date of the Interim Management Accounts in the ordinary course of business, each Subject Company has good title to all the properties and assets reflected on the Interim Management Accounts free and clear of all material Encumbrances not disclosed in the Interim Management Accounts or set forth in Schedule 3.12(d).

  • Except as described above, the Interim Management Accounts have been prepared on the basis of the Rexam Accounting Policies and are in accordance with GAAP, applied on a consistent basis.

  • Since the date of the Interim Management Accounts, the Subject Companies have not been affected as a result of flood, fire or explosion relating to the Business which constitutes a Company Material Adverse Effect.

  • Except as (a) disclosed in the Interim Management Accounts or (b) expressly required by this Agreement, since the date of the Interim Management Accounts, (i) no event or events that would, individually or in the aggregate, result in a Company Material Adverse Effect has or have occurred and (ii) no Subject Company has taken any action that, if taken after the date hereof, would constitute a violation of Sections 5.1(a) through (i).

  • Rexam PLC has provided to the Purchaser copies of the Interim Management Accounts which are unaudited statements subject to normal recurring year-end audit adjustments and which do not have the applicable year-end footnotes attached thereto, except as included therein.

  • Members considered the previously circulated report on the Interim Management Accounts Quarter 4.


More Definitions of Interim Management Accounts

Interim Management Accounts means an unaudited pro forma combined balance sheet of the Subject Companies on a pro forma basis, as at September 30, 2000 and unaudited pro forma combined statements of income, owner's net investment and cash flows for the interim period then ended each as prepared on the basis of the Rexam Accounting Policies and in accordance with GAAP.
Sample 1

Related to Interim Management Accounts

  • Management Accounts means the unaudited balance sheet of the Seller as at the Management Accounts Date and the unaudited statements of profit and loss of the Seller for the period commencing from 1st January 2007 and ended on the Management Accounts Date prepared in accordance with US GAAP and in a manner consistent with past practice, copies of which are annexed hereto as Exhibit B.

  • Management Accounts Date means 30 September 2023;

  • Client Accounts means accounts of Clients (i) that are Controlled by an Access Person and (ii) in which no Access Person has a substantial proportionate economic interest; provided that, the Client pays a management, advisory or any other similar arms-length fee to the Access Person and the beneficiary of the Client Account is not an Immediate Family member of an Access Person.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Cash Management Accounts means the bank accounts of each Loan Party maintained at one or more Cash Management Banks listed on Schedule 8.01.

  • Interim Accounts means the unaudited consolidated quarterly financial statements of the Issuer for the quarterly period ending on each 31 March, 30 June, 30 September and 31 December in each year, prepared in accordance with GAAP.

  • Project Accounts means the accounts referred to in Section 3.03 (a) of this Agreement;

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Cash Management Account has the meaning set forth in Section 2.7(a).

  • Collection Accounts As defined in Section 3.10(a).

  • Client Account means the unique personalized account of the Client consisting of all Completed Transactions, Open Positions and Orders on the Platform, the Balance of the Client money and deposit/withdrawal transactions of the Client money. It is understood that the Company may use the term Trading Account or Account on its Website or communications, which shall mean your Client Account.

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Sub-Accounts means the respective Sub-Accounts of the Escrow Account, into which the monies specified in Clause 4.1 would be credited every month and paid out if due, and if not due in a month then appropriated proportionately in such month and retained in the respective Sub Accounts and paid out therefrom on the Payment Date(s). 1.2 Interpretation 1.2.1 References to Lenders’ Representative shall, unless repugnant to the context or meaning thereof, mean references to the Lenders’ Representative, acting for and on behalf of Senior Lenders. 1.2.2 The words and expressions beginning with capital letters and defined in this Agreement shall have the meaning ascribed thereto herein, and the words and expressions used in this Agreement and not defined herein but defined in the Development Agreement shall, unless repugnant to the context, have the meaning ascribed thereto in the Development Agreement. 1.2.3 References to Clauses are, unless stated otherwise, references to Clauses of this Agreement. 1.2.4 The rules of interpretation stated in Clauses 1.2, 1.3 and 1.4 of the Development Agreement shall apply, mutatis mutandis, to this Agreement.

  • Lockbox Accounts means the accounts maintained by Borrower at the Lockbox Banks into which all collections or payments on their Accounts and other Collateral are paid.

  • Escrow Accounts means (1) accounts of Parent or any Subsidiary, solely to the extent any such accounts hold funds set aside by Parent or any Subsidiary to manage the collection and payment of amounts collected, withheld or incurred by Parent or such Subsidiary for the benefit of third parties relating to: (a) federal income tax withholding and backup withholding tax, employment taxes, transportation excise taxes and security related charges, (b) any and all state and local income tax withholding, employment taxes and related charges and fees and similar taxes, charges and fees, including, but not limited to, state and local payroll withholding taxes, unemployment and supplemental unemployment taxes, disability taxes, xxxxxxx’x or workers’ compensation charges and related charges and fees, (c) state and local taxes imposed on overall gross receipts, sales and use taxes, fuel excise taxes and hotel occupancy taxes, (d) passenger facility fees and charges collected on behalf of and owed to various administrators, institutions, authorities, agencies and entities, (e) other similar federal, state or local taxes, charges and fees (including without limitation any amount required to be withheld or collected under applicable law) and (f) other funds held in trust for, or otherwise pledged to or segregated for the benefit of, an identified beneficiary; or (2) accounts, capitalized interest accounts, debt service reserve accounts, escrow accounts and other similar accounts of Parent or any Subsidiary or funds established in connection with the ARB Indebtedness.

  • Blocked Accounts shall have the meaning set forth in Section 6.3 hereof.

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Energy Accounts means the regional energy accounts/state energy accounts as specified in the Grid Code issued by the appropriate agency for each Month (as per their prescribed methodology), including the revisions and amendments thereof;

  • Locked Box Accounts means the unaudited, aggregated balance sheet of the Group as at the Locked Box Date, in the agreed form;

  • Separate Accounts means the accounts which are to be prepared for each

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • Custodial Accounts Each Custodial Account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Servicing Agreement with respect to the Mortgage Loans.

  • Earnings Accounts means the bank accounts of each of the Obligors from time to time each of which shall be held with the Agent or any of the Agent’s corresponding banks and to which all the Earnings and any proceeds of the Insurances shall be paid.