May 31 Balance Sheet definition

May 31 Balance Sheet means the pro forma balance sheet of CPLC as of May 31, 1998, including the notes, schedules and exhibits thereto, attached hereto as Annex E.
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May 31 Balance Sheet means the unaudited balance sheet of the RJRI Group, adjusted to present fairly the pro forma combined financial position of the RJRI Group as at the close of business on May 31, 1999 in accordance with the Special Purpose Accounting Basis and assumptions, adjustments and accounting policies and practices otherwise consistent with those
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May 31 Balance Sheet shall have the meaning set forth in Section 6.9.1.
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Examples of May 31 Balance Sheet in a sentence

  • Exhibit 1.06(b) consists of copies of the Company's balance sheet as of May 31, 1999 (the "May 31 Balance Sheet") and the related statements of income, Stockholders' equity and changes in financial position for the respective months and fiscal year-to-date periods then ended (and as of the corresponding dates and for the corresponding periods in the preceding fiscal year) including the notes thereto (the "May 31 Financial Statements").

  • Collberg and others‘ works are examples of research emphasizing implementable techniques for obfuscation to provide practical levels of security.

  • In all other cases, the Advisers will provide their written recommendation as to the Regulated Fund’s participation to the Eligible Trustees, and the Regulated Fund will participate in such Follow-On Investment solely to the extent that a Required Majority makes the determinations set forth in Condition 2(c).

  • The value of obsolete, damaged or excess Inventory and of Inventory below standard quality has been written down on the May 31 Balance Sheet or, with respect to Inventory purchased since May 31, 1998, on the books and records of the Company or the Subsidiaries and in the Interim Financial Statements or the Monthly Financial Statements, to ascertainable market value, or adequate reserves have been provided therefor, in accordance with GAAP.

  • For the avoidance of doubt, the Parties confirm that the obligation of the Company to satisfy the Claim shall not be taken into account in calculating the Net Adjustment as the Claim results from the sale and purchase agreements relating to the Infonova Group Shares which were entered into on June 7, 2002, i.e. only after the period relevant for the May 31 Balance Sheet determining the Net Financial Debt of the Company for purposes of the Net Adjustment.

  • All inventories set forth or reflected in the May 31 Balance Sheet or acquired by Seller prior to the Closing Date are of merchantable quality, and are recorded on the books at an amount not higher than cost.

  • No claims or deficiencies have been asserted against the Company with respect to any Taxes which have not been paid or otherwise satisfied or for which accruals or reserves have not been made on the May 31 Balance Sheet, and, to the knowledge of the Company, there exists no reasonable basis for the making of any such claims.

  • Should the Net Financial Debt of the Company as of May 31, 2002 (the "May 31 NFD") as set forth in the Company's audited interim balance sheet as of May 31, 2002 (the "May 31 Balance Sheet") be an amount greater than the March 31 NFD, the Base Purchase Price and therefore the Base Cash Price, if applicable, shall be reduced by a positive amount equal to the difference between the May 31 NFD and the March 31 NFD (a "Negative NFD Adjustment").

  • Seller has delivered to Buyer the following (collectively referred to as the "Financial Statements"): (a) the unaudited balance sheet of the Company at December 31, 1999 (the "Company's 1999 Balance Sheet") and (b) an unaudited balance sheet of the Company as at May 31, 2000 (the "Company May 31 Balance Sheet") and the related unaudited statement of income.

  • As promptly as practicable, but no later than August 12, 1999, Buyer will cause to be prepared and delivered to Sellers the May 31 Balance Sheet.


More Definitions of May 31 Balance Sheet

May 31 Balance Sheet means the balance sheet contained in the May 31 Financial Statements provided in accordance with Section 3.04.
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May 31 Balance Sheet means the unaudited, consolidated balance sheets of Seller and the Canadian Subsidiary as of May 31, 1997, which is attached as Schedule 4.8 (A). "New Lease" has the meaning set forth in Section 3.1(b). "PBGC" means the Pension Benefit Guaranty Corporation. "Permitted Exceptions" has the meaning set forth in Section 4.11(a). "Person" means an individual, a corporation, a partnership, an association, a trust or any other entity or organization, including a governmental or political subdivision or an agency of instrumentality thereof. "Preliminary Closing Date Balance Sheet" has the meaning set forth in Section 2.5(a), and shall include a preliminary U.S. Closing Date Balance Sheet and a preliminary Canadian Closing Date Balance Sheet. "Purchase Price" has the meaning set forth in Section 2.4(a). "Purchased Assets" has the meaning set forth in Section 2.1. "Real Property of the Canadian Subsidiary" has the meaning set forth in Section 4.11. "Related Agreements" has the meaning set forth in section 3.1(c). "Returns" means all returns, declarations, reports, information statements and other documents required to be filed in respect of Taxes. "Royalty" has the meaning set forth in Section 2.6. "Savings Plan" has the meaning set forth in Section 7.2(b). "Schedule of Adjustments" means the Schedule of Adjustments attached hereto as Schedule 2.4(a), which sets forth certain agreed adjustments to certain account balances contained in the balance sheets of Seller and the Canadian Subsidiary. "Subsidiary," with respect to any party to this Agreement, means any corporation or other business entity, whether or not incorporated, of which at least 50% of the securities or interests having, by their terms, ordinary voting power to elect members of the Board of Directors, or other persons performing similar functions with respect to such entity, is held directly or indirectly by such party. "Stock Purchase Price" has the meaning set forth in Section 2.4(b). "Survival Date" has the meaning set forth in Section 11.5(a). "Tax" or "Taxes" means all taxes, charges, fees, levies, imposts and other assessments, including all income, sales, use, goods and services, value added, capital, capital gains, alternative, net worth, transfer, profits withholding, payroll, employer health, excise, real property and personal property taxes, and any other taxes, customs duties, fees, assessments or similar charges in the nature of a tax, including Canadian Employee Plans and provincial pensi...
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Related to May 31 Balance Sheet

  • Interim Balance Sheet has the meaning set forth in Section 3.06.

  • Audited Balance Sheet means the audited balance sheet of the company prepared for the purposes of the Companies Acts for a financial year unless an audited consolidated balance sheet dealing with the state of affairs of the company and its subsidiary undertakings required to be dealt with in group accounts has been prepared for those purposes for the same financial year, in which case it means that audited consolidated balance sheet, and in that case all references to reserves shall be deemed to be references to consolidated reserves;

  • Company Balance Sheet means the consolidated balance sheet of the Company and its Subsidiaries as of December 31, 2016 and the footnotes thereto set forth in the Company’s annual report on Form 10-K for the fiscal year ended December 31, 2016.

  • Unaudited Balance Sheet has the meaning set forth in Section 3.4(a)(ii).

  • Latest Balance Sheet has the meaning set forth in Section 3.4(a).

  • SpinCo Balance Sheet means the pro forma combined balance sheet of the SpinCo Business, including any notes and subledgers thereto, as of September 30, 2021, as presented in the Information Statement made available to the Record Holders.

  • Final Balance Sheet has the meaning set forth in Section 3.3(b).

  • Closing Balance Sheet has the meaning set forth in Section 2.4(a).

  • Latest Balance Sheet Date has the meaning set forth in Section 3.10.

  • Interim Balance Sheet Date has the meaning set forth in Section 3.06.

  • Balance Sheet has the meaning set forth in Section 3.06.

  • Unaudited Interim Balance Sheet has the meaning set forth in Section 2.4(a) of this Agreement.

  • Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a).

  • Pro Forma Balance Sheet as defined in Section 4.1(a).

  • Off-Balance Sheet Arrangement means any transaction, agreement or other contractual arrangement to which an entity unconsolidated with the Borrower is a party, under which the Borrower has:

  • Off-Balance Sheet Liabilities of any Person shall mean (i) any repurchase obligation or liability of such Person with respect to accounts or notes receivable sold by such Person, (ii) any liability of such Person under any sale and leaseback transactions that do not create a liability on the balance sheet of such Person, (iii) any Synthetic Lease Obligation or (iv) any obligation arising with respect to any other transaction which is the functional equivalent of or takes the place of borrowing but which does not constitute a liability on the balance sheet of such Person.

  • Balance Sheets shall have the meaning set forth in Section 5.7(a).

  • Most Recent Balance Sheet means the balance sheet contained within the Most Recent Financial Statements.

  • Off-Balance Sheet Liability of a Person means (a) any repurchase obligation or liability of such Person with respect to accounts or notes receivable sold by such Person, (b) any indebtedness, liability or obligation under any so-called “synthetic lease” transaction entered into by such Person, or (c) any indebtedness, liability or obligation arising with respect to any other transaction which is the functional equivalent of or takes the place of borrowing but which does not constitute a liability on the balance sheet of such Person (other than operating leases).

  • Audited Company Balance Sheet means the consolidated balance sheet (and the notes thereto) of the Company and its consolidated Subsidiaries as of December 31, 2019 set forth in the Company’s Annual Report on Form 10-K filed by the Company with the SEC for the fiscal year ended December 31, 2019.

  • Most Recent Balance Sheet Date has the meaning set forth in Section 4.6 hereof.

  • SEC Off-Balance Sheet Rules means the Disclosure in Management’s Discussion and Analysis About Off-Balance Sheet Arrangements, Securities Act Release No. 33-8182, 68 Fed. Reg. 5982 (Feb. 5, 2003) (codified at 17 CFR pts. 228, 229 and 249).

  • Current Balance Sheet means the balance sheet of the Company as at March 31, 1998 which is included in the Initial Financial Statements.

  • Company Balance Sheet Date means December 31, 2014.

  • Estimated Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a) hereof.

  • Estimated Closing Balance Sheet has the meaning set forth in Section 2.6(a).