Locked Box Accounts definition

Locked Box Accounts means the unaudited, aggregated balance sheet of the Group as at the Locked Box Date, in the agreed form;

Locked Box Accounts means the unaudited consolidated accounts of VE and its Subsidiaries as of the Locked Box Date as provided to VI in the Virtual Data Room.

Locked Box Accounts means, in relation to the Group, the audited consolidated balance sheet of the Group as at the Locked Box Date in respect of the Financial Year ended on the Locked Box Date and the audited consolidated profit and loss account and the cash flow statement of the Group in respect of that Financial Year as at the Locked Box Date;

Examples of Locked Box Accounts in a sentence

• All material liabilities of each Target Company for tax measured by reference to income, profits or gains earned, accrued or received on or before the Locked Box Accounts Date or arising in respect of an event occurring on or before the Locked Box Accounts Date are fully provided for or (as appropriate) disclosed in the Locked Box Accounts.

• All Taxes of all Group Companies, whether or not shown on any Tax Return, (a) that are due and payable have been timely paid in full or (b) to the extent incurred at or prior to 31 December 2011 have been timely paid in full or are included in a correct and complete liability accrual on the balance sheet of the Locked Box Accounts (whether or not the related Taxes are disputed).

• The Seller shall not be liable under this Agreement in respect of any Claim to the extent that the Locked Box Accounts include any provision which specifically relates to the facts, circumstance or matters giving rise to any such Claim.

• The Seller shall not be liable for any Claim if and to the extent that allowance, provision or reserve is made in the Accounts or the Locked Box Accounts for the matter giving rise to the Claim.

• Adequate provision has been made for in the Locked Box Accounts in accordance with HKFRS for any Tax asset arising on or before the Locked Box Date.

More Definitions of Locked Box Accounts

Locked Box Accounts means the unaudited balance sheet of the Company as at the Locked Box Date in the Agreed Form;

Locked Box Accounts means the accounts in agreed form of the Group Companies, comprising a balance sheet as at the Locked Box Date and profit and loss account for the period which commenced on 18 October 2016 and which ended on the Locked Box Date;

Locked Box Accounts means the consolidated balance sheet of the Target Group as at the Locked-Box Date in the agreed form;

Locked Box Accounts means the unaudited consolidated financial statements of the Company and its subsidiary undertakings for the 3 months and 9 months ended on the Locked Box Accounts Date in the Agreed Form;

Locked Box Accounts means the locked box accounts for the period ended on the Locked Box Date in the agreed form. “Locked Box Date” means 31 July 2018.

Locked Box Accounts means the audited statement of financial position, the audited income statement, the audited cash flow statement of Turkcell Holding, and the explanatory notes related thereto, for the period of 12 months ended on the Locked Box Accounts Date (including the auditor’s report, dated 5 June 2020, in respect thereof);

Locked Box Accounts means the aggregate of the unaudited individual entity trial balances of each of the Company and Rhino Topco 2 Limited and the unaudited, condensed, consolidated, interim income statement of Rhino Midco 2 Limited and Rhiag Group S.p.A., each for the nine month period ended on the Locked Box Date and the audited consolidated accounts of Rhino Bondco S.p.A. for the nine month period ended on the Locked Box Date in the agreed form and prepared in accordance with the Accounting Principles, comprising the balance sheet, the profit and loss account, and the 'note esplicative', as approved by Rhino Bondco S.p.A.;