July 31 Balance Sheet definition

July 31 Balance Sheet means the combined balance sheet of the Business as of July 31, 2008.
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July 31 Balance Sheet has the meaning ascribed to it in Section 1.02(b)(i). “Knowledge of Sellers”, “Known to Sellers” or “Sellers’ Knowledge” means the knowledge of the Principals. “Laws” means all laws, statutes, rules, regulations, ordinances and other pronouncements having the effect of law of the United States, any foreign country or any domestic or foreign state, county, city or other political subdivision or of any Governmental or Regulatory Authority.
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July 31 Balance Sheet means the unaudited balance sheet for the Company as at the close of business on July 31, 1996 restated to exclude the Excluded Assets (determined without regard to whether any of the Company's accounts receivable were or were not collected after July 31, 1996) and the Excluded Liabilities (determined without regard to whether any of the Company's liabilities were or were not settled or paid after July 31, 1996), which forms part of Schedule 3.5;
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Examples of July 31 Balance Sheet in a sentence

  • All tangible personal property reflected on the July 31 Balance Sheet is free and clear of all Liens, other than Liens disclosed in Section 2.16(a) of the Disclosure Schedule, and is in good working order and condition, ordinary wear and tear excepted, and its use complies in all material respects with all applicable Laws.

  • Company does not have any liabilities, debts or obligations not fully and properly reflected or reserved against in the July 31 Balance Sheet, except liabilities and obligations incurred in the ordinary course of business since July 31, 2000, which shall be expressly disclosed in writing to Purchaser in or pursuant to this Agreement.

  • The inventories reflected in the July 31 Balance Sheet are based on quantities determined from physical inventories taken as of July 31, 2000, valued at the lower of cost (determined on a first-in first-out basis) or market value, and on a basis consistent with that of prior practice.

  • Company has good and marketable ------------------------- title to and owns all of the property reflected in the July 31 Balance Sheet and listed in detail in Schedule 4(l) attached hereto and incorporated herein by this reference, except such property as has been disposed of in the ordinary course of business since July 31, 2000, and free and clear of all claims, liens (except for taxes not yet due and payable), encumbrances and options of any nature.

  • Except as set forth in Schedule 5.11, neither of the Company nor any of the Retained Subsidiaries has any material indebtedness or liability, absolute or contingent, known or unknown, which is not shown or provided for on the July 31 Balance Sheet other than liabilities as shall have been incurred or accrued in the ordinary course of business since July 31, 2005.

  • The July 31 Balance Sheet contains adequate provision for doubtful accounts set forth on the July 31 Balance Sheet.

  • Except as reflected or reserved against in the July 31 Balance Sheet or in the notes thereto or as disclosed in Section 2.10 of the Disclosure Schedule, there are no Liabilities against, relating to or affecting the Company or any of its Assets and Properties, other than Liabilities (i) incurred since July 31, 2007 in the ordinary course of business consistent with past practice or (ii) which, individually or in the aggregate, are not material to the Business or Condition of the Company.

  • As of Closing Date, and as indicated on the July 31 Balance Sheet, the aggregate amount of the Seller Loans was HK$1,794,531, and the aggregate amount of the Company Loans was HK$1,285,555.

  • The Preliminary Purchase Price shall be increased (if a positive number) or decreased (if a negative number) by an amount equal to the difference between (x) the Net Working Capital reflected on the Preliminary Balance Sheet and (y) the Net Working Capital reflected on the July 31 Balance Sheet.

  • Attached hereto as Schedule 3.3 is the July 31 Balance Sheet and the statements of operations for the seven months then ended (collectively, the "July 31 Financial Statements"), the balance sheets of Company at December 31 in each of 1997 and 1996, and the related statements of operations and cash flows of Company for each of the years then ended (collectively, the "Annual Financial Statements").


More Definitions of July 31 Balance Sheet

July 31 Balance Sheet has the meaning set forth in Section 2.3.
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July 31 Balance Sheet has the meaning ascribed to it in Section 4.04.
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July 31 Balance Sheet. See Section 5.8;
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July 31 Balance Sheet means the audited combined balance sheet of the BRP Business Segment as of July 31, 2003 contained in the July 31 Audited Financial Statements.
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Related to July 31 Balance Sheet

  • Interim Balance Sheet as defined in Section 3.4.

  • 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.

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

  • 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.

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

  • 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;

  • Final Balance Sheet has the meaning set forth in Section 2.4.

  • Latest Balance Sheet Date has the meaning set forth in Section 3.10.

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

  • Unaudited Interim Balance Sheet shall have the meaning specified in Section 2.4(a)(iii) of the Agreement.

  • 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:

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

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

  • Balance Sheets has the meaning set forth in Section 4.5(a).

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

  • Most Recent Balance Sheet Date has the meaning set forth in Section 4.4.

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

  • SEC Off-Balance Sheet Rules means the Disclosure in Management’s Discussion and Analysis About Off-Balance Sheet Arrangements, Securities Act Release No. 33-8182, 68 Fed. Reg. 5982 (Feb. 5, 2003) (codified at 17 CFR pts. 228, 229 and 249).

  • Company Balance Sheet Date means December 31, 2016.

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

  • 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.

  • Current Balance Sheet shall have the meaning set forth in Section 2.7.

  • 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).

  • Current Balance Sheet Date means December 31, 1997.

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

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