Reviewed Balance Sheet definition

Reviewed Balance Sheet has the meaning given that term in Section 4.8.
Sample 1
Reviewed Balance Sheet. Section 4.5(a)
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Reviewed Balance Sheet is defined in Section 2.3(a).
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Examples of Reviewed Balance Sheet in a sentence

  • Such accounts receivable are subject to no defenses, offsets or recovery in whole or in part by the Persons whose purchase gave rise to such accounts receivable or by third parties and are fully collectible in the Ordinary Course of Business without resort to legal proceedings, except to the extent of the amount of the reserve for doubtful accounts reflected in such Reviewed Balance Sheet.

  • In the event the Reviewed Balance Sheet reveals a Working Capital Deficit in excess of $350,000, Company Parent shall surrender the certificate representing the Stock Consideration that was issued at the Closing, the Buyer shall offset the additional excess amount against the Stock Consideration and Buyer shall issue a new certificate representing the Stock Consideration as adjusted.

  • The Inventory Schedules shall form the basis of the Closing Date Balance Sheet (where applicable to the designated line items thereon), provided that Buyer may update the amounts on the Inventory Schedules for purposes of the Reviewed Balance Sheet to the extent the Inventory Schedules did not accurately reflect the inventory as of the day prior to the Closing Date.

  • As soon as practicable and in no event later than sixty (60) days following the Closing Date, Buyer shall prepare and deliver to Seller a statement of the Purchased Assets and the Assumed Liabilities as of the Closing Date (the "Reviewed Balance Sheet").

  • The Unaffiliated Firm shall submit to the parties hereto a report of its review of the items in the Disagreement Notice(s) as promptly as practicable and shall include in such report its determination of adjustments required to the Post-Closing Adjustment, which adjustments shall be no more favorable to Buyer than reflected in the Reviewed Balance Sheet and no more favorable to Seller than reflected in the Disagreement Notice.

  • Xxxxxxxx with Xxxxxxxx, Xxxx and Xxxxxx Xxxxxxxx as Co-trustees, such obligations as reflected on the Reviewed Balance Sheet (the "COMPANY NOTES", and such transactions, the "ASSIGNMENT"), and the Company and the Shareholders will use their reasonable best efforts to obtain any consents or approvals required to effect the Assignment.

  • All material properties and assets reflected in the Reviewed Balance Sheet are free and clear of all Encumbrances other than Permitted Encumbrances.

  • The Purchase Price shall be adjusted upward or downward, on a dollar for dollar basis, by the amount by which the net book value of the Company on the Closing Date (without giving effect to the Purchaser’s payment of the Sellers’ Loan) is greater or less than the net book value of the Company on the Reviewed Balance Sheet of the Company at June 30, 2004.

  • Seller and Buyer shall, during the twenty (20) Business Days after receipt by Buyer of the Disagreement Notice, negotiate in good faith to resolve any such disagreements with respect to the Adjustment Certificate and the Reviewed Balance Sheet.

  • All notes and accounts receivable reflected on the Company's Balance Sheet, and all notes and accounts receivable that will be reflected on the Estimated Closing Date Balance Sheet, the Closing Date Balance Sheet, the Reviewed Balance Sheet and the Final Balance Sheet will represent receivables arising from sales made or services performed in the Ordinary Course of Business.


More Definitions of Reviewed Balance Sheet

Reviewed Balance Sheet as defined in Section 2.7(e)(i).
Sample 1
Reviewed Balance Sheet means the reviewed balance sheet of the Company as of August 31, 1997.
Sample 1
Reviewed Balance Sheet means the balance sheet of the Company as of February 28, 1999 included in the Reviewed Statements.
Sample 1
Reviewed Balance Sheet has the meaning set forth in ss. 1.3(b) below.
Sample 1
Reviewed Balance Sheet means the balance sheet of the Retained Business included within the Reviewed Interim Financial Statements.
Sample 1

Related to Reviewed Balance Sheet

  • 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;

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

  • 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.

  • 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).

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

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

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

  • 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:

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

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

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

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

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

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

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

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

  • Preliminary Closing Balance Sheet shall have the meaning set forth in Section 2.3(c)(i).

  • Estimated Closing Balance Sheet has the meaning set forth in Section 2.6(a).

  • Reference Balance Sheet shall have the meaning set forth in Section 3.06(a).

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

  • Assumed Balance With respect to any Distribution Date, Class of Subordinated Certificates and Loan Group, each such Class' pro rata interest (based on their respective Class Certificate Balances) in such Loan Group equal to the product of the Subordinated Percentage for such Loan Group as of such Distribution Date and the aggregate Stated Principal Balance of each Mortgage Loan in such Loan Group as of the Due Date occurring in the month preceding the month of such Distribution Date (after giving effect to Principal Prepayments received in the Prepayment Period related to such prior Due Date).

  • 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;

  • Company Balance Sheet Date means December 31, 2016.

  • Parent Balance Sheet shall have the meaning assigned to such term in Section 5.13 hereof.