Post-Closing Balance Sheet definition

Post-Closing Balance Sheet shall have the meaning set forth in Section 3.3(a).
Post-Closing Balance Sheet has the meaning set forth in Section 2.7(a).
Post-Closing Balance Sheet means the balance sheet mutually prepared by the parties in respect of the Companies in accordance with GAAP reflecting the assets and liabilities of the Companies as of 12:01 a.m. on the Effective Date and incorporating the actual determination of any current assets and liabilities of the Companies which were estimated for the purpose of the Effective Date Balance Sheet.

Examples of Post-Closing Balance Sheet in a sentence

  • Seller shall afford Purchaser and its accountants and attorneys the opportunity to review all work papers and documentation used by Seller in preparing the Post-Closing Balance Sheet.

  • Amounts paid at Closing shall be subject to subsequent adjustment based on the Post-Closing Balance Sheet (as defined in Section 2.3 hereof).

  • Within 15 business days following delivery of the Post-Closing Balance Sheet (the “Adjustment Payment Date”), Seller and Purchaser shall effect the transfer of any funds as may be necessary to reflect changes in such assets and liabilities between the Pre-Closing Balance Sheet and the Post-Closing Balance Sheet together with interest thereon computed from the Effective Time to the Adjustment Payment Date at the applicable Federal Funds Rate (as hereinafter defined).

  • Purchaser shall afford Seller and its accountants and attorneys the opportunity to review all work papers and documentation used by Purchaser in preparing the Post-Closing Balance Sheet.

  • Seller shall afford Buyer and its accountants and attorneys the opportunity to review all work papers and documents used by Seller in preparing the Post-Closing Balance Sheet.


More Definitions of Post-Closing Balance Sheet

Post-Closing Balance Sheet means the estimated balance sheet based on prior month-end balances of the BHR Group as of the Spin-Off Date, giving effect to the Subsidiary Mergers, the Reorganization, the Contribution, the Excess Shares Redemption and the Spin-Off, and prepared in accordance with GAAP consistent with the accounting practices and policies of Bristol prior to the date hereof. The Post-Closing Balance Sheet will (i) be prepared by Bristol prior to the Spin-Off Date and be subject to the approval of FelCor, (ii) provide an estimated net worth of the BHR Group of $30 million, (iii) contain only Spin-Off Assets and Spin-Off Liabilities, and (iv) assign no value to any Excess Personal Property.
Post-Closing Balance Sheet shall have the meaning set forth in Section 1.11(b).
Post-Closing Balance Sheet has the meaning set forth in Section 2.2.
Post-Closing Balance Sheet as defined in Section 1.5(b).
Post-Closing Balance Sheet has the meaning described in Section 4.1.28 (Post-closing Financial Statements).
Post-Closing Balance Sheet means an unaudited interim balance sheet of the Company prepared as of the Closing Date in accordance with GAAP and the methodology used in preparation of the Balance Sheet.
Post-Closing Balance Sheet means the consolidated balance sheet of the Business as of the Closing Date included in the Audit Report, after giving effect to any Agreed Adjustments and the adjustments contained in the Additional Accounting Report, if any.