True-Up Balance Sheet definition

True-Up Balance Sheet as defined in Section 4.3(a).
True-Up Balance Sheet means the balance sheet of the Companies as of the close of business on the True-Up Date.
True-Up Balance Sheet means the balance sheet of the Companies as of the close of business on the True-Up Date. “True-Up Date” has the meaning set forth in Section 2.5(a).

Examples of True-Up Balance Sheet in a sentence

  • The amount of the Deferred State Income Taxes payable reflected in the POC Companies' account number 230010 and the Deferred Federal Income Taxes payable reflected in the POC Companies' account number 230021 shall be excluded from the Balance Sheet, the Closing Balance Sheet and the True-Up Balance Sheet.

  • The Closing Balance Sheet and the True-Up Balance Sheet: (i) shall be prepared in all respects in accordance with GAAP and consistent with Schlumberger's past practices, using the equity method for the interests in the Transferred Joint Venture Companies, (ii) shall not take into consideration any events occurring after the Closing Date and (iii) except as set forth in SECTION 1.3(i) and SECTION 1.3(j), shall not account for the Excluded Liabilities or the Excluded Assets.

  • Any adjustment to the Seller Cash Purchase Price based on the Final True-Up Balance Sheet shall be made in accordance with Section 2.5(d).

  • The Dispute Notice shall identify, in reasonable detail, each disputed item on the True-Up Balance Sheet, specifying the amount of such dispute and setting forth the basis for such dispute.

  • The review performed by the Arbitrating Accounting Firm shall be limited to the issues identified in the notice, which issues shall only relate to whether the Actual Net Worth of the POC Companies (including Schlumberger's equity ownership in the Transferred Joint Venture Companies), as shown on the True-Up Balance Sheet, has been calculated correctly based on the principles set forth in the first sentence of SECTION 1.3(d).

  • Of these carryfor- wards, $4.8 million expire through 2011, $3.0 million through 2021 and $3.4 million may be carried forward indefinitely.

  • Schlumberger shall permit Purchaser's accountants reasonable access to and review of all books and records, work papers, and other pertinent information requested from time to time for the review of the Closing Balance Sheet and the preparation of the True-Up Balance Sheet.

  • He explained that such experiences are repressed or pushed back to subconscious memory.The simple explanation is that some things are forgotten because they are unpleasant.6).AMNESIA:Amnesia is the inability to remember events usually because of physiological trauma such as blow to the head.

  • The “Working Capital Refund” means the amount by which the True-Up Net Working Capital reflected on the Final True-Up Balance Sheet is less than the Estimated Net Working Capital.

  • Second, the final General Permit requires 98% control efficiency for Stage I vapor recovery for new or modified GDFs only in ozone nonattainment areas that are classified as serious, severe or extreme, whereas in our draft permit action we stated our intent to apply this control efficiency requirement21 to sources utilizing the permit in marginal and moderate ozone nonattainment areas as well.


More Definitions of True-Up Balance Sheet

True-Up Balance Sheet has the meaning specified in Section 9.6(g). --------------------- --------------
True-Up Balance Sheet shall have the meaning set forth in Section 1.3(c). Appendix I-9

Related to True-Up Balance Sheet

  • 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.

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

  • 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).

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

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

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

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

  • Estimated Closing Balance Sheet has the meaning set forth in Section 2.6(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;

  • Reference Balance Sheet shall have the meaning assigned to it in Section 4.3.

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

  • 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:

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

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

  • 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.

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

  • 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.

  • 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).

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

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

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

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

  • Off-Balance Sheet Obligation means, with respect to any Person, any Obligation of such Person under a synthetic lease, tax retention operating lease, off-balance sheet loan or similar off-balance sheet financing classified as an operating lease in accordance with GAAP, if such Obligations would give rise to a claim against such Person in a proceeding referred to in Section 6.01(h).