Common use of Opening Balance Sheet Clause in Contracts

Opening Balance Sheet. The Consolidated and Consolidating balance sheet of the Borrower Affiliated Group dated as of the day the Recapitalization Transactions are consummated (and after giving effect thereto), prepared in accordance with GAAP and reflecting actual Consolidated and Consolidating figures for the Borrower Affiliated Group after the consummation of the Recapitalization Transactions and the Loans made hereunder. Participant. See Section 8.10.

Appears in 2 contracts

Sources: Revolving Credit and Term Loan Agreement (Open Link Financial, Inc.), Revolving Credit and Term Loan Agreement (Open Link Financial, Inc.)