Examples of Interim Company Balance Sheet in a sentence
No such account has been assigned or pledged to any other person, firm or corporation, and, except only to the extent fully reserved against as set forth in the Interim Company Balance Sheet, no defense or setoff to any such account has been asserted by the account obligor.
Except as set forth in Schedule 3.07, the Company Financial Statements reflect all liabilities of the Company as determined in accordance with generally accepted accounting principles arising out of transactions effected or events occurring on or prior to the date of the Interim Company Balance Sheet, except for liabilities not exceeding $10,000 in the aggregate.
As of the date of the Interim Company Balance Sheet and except as set forth on the Interim Company Balance Sheet, the Company did not have any liabilities required by GAAP to be disclosed on the Interim Company Balance Sheet.
Seller has delivered to Buyer: (a) an audited balance sheet of the Company as at December 31, 2000 (including the notes thereto, the "Company Balance Sheet"), and the related statement of income for the fiscal year then ended, and (b) an unaudited balance sheet of the Company as at November 30, 2001, (the "Interim Company Balance Sheet") and the related unaudited statement of income for the eleven (11) months then ended.
Except as set forth in Schedule 3.07, the Company Financial Statements reflect all consolidated liabilities of the Company as determined in accordance with generally accepted accounting principles arising out of transactions effected or events occurring on or prior to the date of the Interim Company Balance Sheet, except for liabilities not exceeding $10,000 in the aggregate.
Except as otherwise set forth in Schedule 3.08, no such account has been assigned or pledged to any other person, firm or corporation; moreover, except only to the extent fully reserved against as set forth in the Interim Company Balance Sheet or except as otherwise set forth in Schedule 3.08, no defense or setoff to any such account has been asserted by the account obligor.
The Company has good and marketable title to, or a valid leasehold interest in or right to use, all of its assets, free and clear of all Liens other than (a) Permitted Liens, (b) the rights of lessors under leasehold interests, (c) Liens specifically identified on the Interim Company Balance Sheet and (d) Liens set forth on Section 4.18 of the Company Disclosure Letter.
The accounts receivable of C.P.A. Staffing, ------------------- C.P.A. Search and Career Placement are bona fide accounts receivable created in the ordinary course of business and are not subject to defenses, set-offs or counterclaims and are and will be collectible in the ordinary course of business no later than 90 days after billing at the full recorded amounts thereof (net of any allowance for bad debts reflected on the Interim Company Balance Sheet).
Except as set forth on Section 3.24 of the Company Disclosure Schedules, each product that has been sold or put into trade inventory by the Company or the Subsidiary since January 1, 2018, conformed and complied in all material respects with all express and implied warranties, except where the failure to conform and comply with such warranties would not reasonably be expected to exceed the reserve for warranty claims set forth on the Interim Company Balance Sheet.
Each of Parent and the Company has no liabilities or obligations of any nature (whether known or unknown and whether absolute, accrued, contingent, or otherwise) except for liabilities or obligations reflected or reserved against in the Audited Company Balance Sheet or Parent Balance Sheet, as applicable, or the Interim Company Balance Sheet or Interim Parent Balance Sheet, as applicable, and current liabilities incurred in the Ordinary Course of Business since the respective dates thereof.