Parent Current Balance Sheet definition

Parent Current Balance Sheet has the meaning set forth in Section 4.6(g).
Sample 1Sample 2
Parent Current Balance Sheet means the consolidated balance sheet of the Parent and the Parent Subs as at March 31, 1999, including the notes thereto.
Sample 1Sample 2
Parent Current Balance Sheet shall have the meaning ascribed to the term in Section 4.7.
Sample 1

Examples of Parent Current Balance Sheet in a sentence

  • All material personal property shown to be owned by Parent and its Subsidiaries on the Parent Current Balance Sheet have been maintained in accordance with Parent’s and its Subsidiaries’ normal practices and are in usable condition for the operation of Parent’s and its Subsidiaries’ businesses, ordinary wear and tear excepted.

  • There are, and since the date of the Parent Current Balance Sheet, have been, no material Actions or Proceedings pending or, to the knowledge of the Parent, threatened against, relating to or affecting the Parent or any of its Assets and Properties and Parent has not received notice or otherwise has knowledge of any Orders outstanding against the Parent.

  • Parent or one of its Subsidiaries owns good and marketable title to, or holds pursuant to valid and enforceable leases, all of the material personal property shown to be owned by them on the Parent Current Balance Sheet, free and clear of all Liens, except for Permitted Liens or other imperfections of title, if any, that, individually or in the aggregate, would not be reasonably expected to have a Parent Material Adverse Effect.

  • The provision for Taxes on the Parent Current Balance Sheet is sufficient in all material respects for all accrued and unpaid Taxes as of the date thereof and all material Taxes which Parent or any Subsidiary of Parent is obligated to withhold from amounts owing to any employee, creditor or third party have been fully paid or properly accrued.

  • The accruals and reserves for taxes reflected in the Parent Current Balance Sheet are adequate to cover all taxes accruable through such date (including interest and penalties, if any, thereon) in accordance with GAAP.

  • Parent or one of its Subsidiaries owns good and marketable title to, or holds pursuant to valid and enforceable leases, all of the material personal and real property shown to be owned by them on the Parent Current Balance Sheet, free and clear of all Liens, except for Permitted Liens or other imperfections of title, if any, that, individually or in the aggregate, would not be reasonably expected to have a Parent Material Adverse Effect.

  • Except as set forth in Section 3.11 of the Parent Disclosure Schedule there are, and since the date of the Parent Current Balance Sheet, have been, no material Actions or Proceedings pending or, to the knowledge of the Parent, threatened against, relating to or affecting the Parent or any of its Assets and Properties and Parent has not received notice or otherwise has knowledge of any Orders outstanding against the Parent.

  • Except as set forth in Section 4.8 of the Parent Disclosure Schedule, Parent has no Liability (whether or not required to be reflected in financial statements in accordance with GAAP), except Liabilities (i) incurred reflected in the Parent Current Balance Sheet or (ii) incurred in the ordinary course of business consistent with past practices since the Parent Current Balance Sheet Date and which do not exceed $25,000 in the aggregate.

  • There shall not have occurred any material adverse change in the business, assets (including intangible assets), liabilities, financial condition or results of operations of Parent since the date of the Parent Current Balance Sheet.

  • There shall not have occurred any ----------------------- Parent Material Adverse Change since the date of the Parent Current Balance Sheet.


More Definitions of Parent Current Balance Sheet

Parent Current Balance Sheet means the unaudited balance sheet of the Parent dated June 30, 2000.
Sample 1

Related to Parent Current Balance Sheet

  • Parent Balance Sheet shall have the meaning assigned to such term in Section 5.13 hereof.

  • Current Balance Sheet shall have the meaning set forth in Section 2.7.

  • Net Current Assets means for any date of determination the net current assets of such Person at such date of determination calculated as set forth on Exhibit H attached hereto.

  • Recent Balance Sheet has the meaning set forth in Section 3.5(a).

  • relevant balance sheet means the latest published audited consolidated balance sheet of the Group, but where the Company has no subsidiaries it means the balance sheet and profit and loss account of the Company and, where the Company has subsidiaries but there are no consolidated accounts of the Group, it means the respective balance sheets and profit and loss accounts of the companies comprising the Group;

  • Consolidated Current Liabilities means, as at any date of determination, the total liabilities of Holdings and its Subsidiaries on a consolidated basis that may properly be classified as current liabilities in conformity with GAAP, excluding the current portion of long term debt.

  • Consolidated Current Assets means, as at any date of determination, the total assets of Company and its Subsidiaries on a consolidated basis which may properly be classified as current assets in conformity with GAAP, excluding Cash and Cash Equivalents.

  • Consolidated Current Ratio means, as of any date of determination, the ratio of Consolidated Current Assets to Consolidated Current Liabilities as of such date.

  • Parent Balance Sheet Date shall have the meaning assigned to it in Section 5.13 hereof.

  • Current Balance Sheet Date means December 31, 1997.

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

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

  • Most Recent Balance Sheet Date has the meaning set forth in Section 4.4.

  • 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.

  • Reference Balance Sheet shall have the meaning set forth in Section 3.06(a).

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

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

  • Reference Balance Sheet Date is defined in Section 3.5.

  • non-current liabilities means all liabilities other than current liabilities

  • 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;

  • Final Balance Sheet has the meaning set forth in Section 2.4.

  • Interim Balance Sheet as defined in Section 3.4.

  • Current Balance in relation to a Loan at any relevant date, means the aggregate principal balance of the Loan at such date (but avoiding double counting) including the following:

  • non-current assets means all assets other than current assets

  • Consolidated Net Assets means Consolidated Assets after deduction of Consolidated Current Liabilities.

  • Unfunded Current Liability of any Plan shall mean the amount, if any, by which the actuarial present value of the accumulated plan benefits under the Plan as of the close of its most recent plan year exceeds the fair market value of the assets allocable thereto, each determined in accordance with Statement of Financial Accounting Standards No. 87, based upon the actuarial assumptions used by the Plan's actuary in the most recent annual valuation of the Plan.