Completion Accounts definition

Completion Accounts has the meaning given in paragraph 1 of Schedule 4;

Completion Accounts means the profit and loss accounts for the period ended on and the balance sheet as at the Completion Date of the Company;

Completion Accounts has the meaning given in Schedule 9;

Examples of Completion Accounts in a sentence

• The Purchaser shall within 60 business days following the Completion Date deliver to the Vendor the Completion Accounts and the Statement of NAV Movement.

• If the NTAV as shown in the Completion Accounts is more or less than the NTAV as shown in the Proforma Accounts, the Purchaser or the Vendors (as the case may be) shall pay the difference to the other party within five days from the date of receipt of the Completion Accounts.

• As the final accounts under the Main Contract will not have been finalised at the Completion Date and the Stage One Completion Accounts will not have reflected all the construction costs, including the Add-on Design Costs and Flow-on Costs, which are payable by the Target Company in accordance with the Main Contract and the Coordination Agreement, any provision for unpaid construction costs which is made in the Stage One Completion Accounts will be on a provisional basis only.

• Post-Completion payments Within 5 Business Days after agreement or determination of the Stage One Completion Accounts: (i) if the Consideration is increased pursuant to the Post-Completion Adjustment, the Purchaser shall pay to the Seller the amount of the increase; and (ii) if the Consideration is reduced pursuant to the Post-Completion Adjustment, the Seller shall repay to the Purchaser the amount of such deduction.

• After Completion, the Vendor shall provide the Completion Accounts to VSC Property within ten days from the Completion Date.

More Definitions of Completion Accounts

Completion Accounts means the consolidated balance sheet of the Companies as at the Completion Date and the consolidated profit and loss account of the Companies for the period from the day following the Accounts Date to the close of business on the Completion Date, prepared in accordance with clause 5 in the format as set out in schedule 2A and on the basis of the accounting policies and procedures set out in schedule 2B, and as derived from the Accounts of the Companies for the period ended on the Completion Date;

Completion Accounts means the consolidated balance sheet of the Target Group as at the close of business on the date of Completion and a consolidated profit and loss account of the Target Group for the period from the Last Accounts Date up to and including the date of Completion, which shall be prepared in accordance with Schedule 5.

Completion Accounts means the Draft Completion Accounts which have been agreed or determined in accordance with Part A of Schedule 4 (Preparation of Completion Accounts);

Completion Accounts means a document in the format set out in schedule 6 to be prepared in accordance with clause 7 and on the basis of the accounting policies and procedures set out in schedule 7;

Completion Accounts the accounts referred to Clause 6.1.1, prepared in accordance with Schedule 5;

Completion Accounts means the accounts to be prepared and agreed, deemed agreed or determined in accordance with schedule 7;

Completion Accounts means the consolidated financial statements of the Company and its Subsidiaries for the period up to the Completion Accounts Date, which shall be prepared in conformity with accounting principles generally accepted in the United States of America and to the satisfaction of the Purchaser;