Examples of SpinCo Balance Sheet in a sentence
The Board of Directors of ParentCo shall have approved the basis of the determination of the Selected Liabilities and categories of assets and liabilities included in both the Opening SpinCo Balance Sheet and the ParentCo Consolidated Balance Sheet.
ParentCo shall under the terms of each respective Contract remit payment to vendors for all current liabilities that are both recorded on the ParentCo Consolidated Balance Sheet in accordance with GAAP and unpaid as of the Effective Time, with the exception of (i) the Selected Liabilities and(ii) any [deferred revenue,] [deferred rent] and debt accounts that are recorded on the Opening SpinCo Balance Sheet.
In relation to insurance companies operating in branch I - life insurance - the number of insurance companies that were assessed corresponds to 54.1% to 80% of insurance companies operating in a given year.
All categories of assets that are reflected as assets of SpinCo in the unaudited pro forma condensed combined balance sheet of SpinCo, dated [·], 2013, included in the Form 10, with the value of such asset as reflected in the Opening SpinCo Balance Sheet.
As soon as practicable after the Distribution Date, the Parties shall cooperate in the preparation of the Opening SpinCo Balance Sheet, prepared on the same basis as the unaudited pro forma condensed combined balance sheet of SpinCo, dated as of December 31, 2013, included in the Form 10.