Base Statement definition

Base Statement means the statement as to the Net Assets of the Business as of September 30, 2012, prepared in accordance with Schedule 1.1(a).
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Base Statement. — means the statement as to the Net Assets of the Business as of September 30, 2012, prepared in accordance with Schedule 1.1(a).
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Base Statement means the statement as to the Working Capital of the Business as of September 30, 2005 set forth in Schedule 1.1(a).
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Examples of Base Statement in a sentence

  • Borrower has no knowledge of any actual or imminent Insolvency Proceeding of any Account Debtor whose accounts are Eligible Accounts in any Borrowing Base Statement.

  • To the extent such Taxes have not otherwise been accrued or accounted for in the Base Statement or the Final Closing Statement, Buyer then shall forward, as soon as practicable, to Seller a copy of such tax ▇▇▇▇, invoice or statement along with the supporting documentation relating to the calculation of the pro rata share to Seller that had not otherwise been accrued or accounted for in the Base Statement or the Final Closing Statement.

  • In the event of a negative difference between the True-Up Amount on the Final Closing Statement and the Net Assets as set forth on the Base Statement, Seller shall pay to Buyer in cash the amount of such difference, plus the Settlement Interest thereon.

  • As used herein, the term "Base Statements" means the Company Base Statement and the CEVCO Base Statement.

  • The Company Base Statement has been prepared in accordance with Seller's Accounting Principles (as defined in Section 2.1.4 hereafter).

  • The CEVCO Base Statement has been prepared in accordance with Seller's Accounting Principles.

  • The Rate Base Statement was (i) derived from the Utility OpCo’s and ESI’s financial statements and FERC filings, and 2010 Federal income tax returns and (ii) presents fairly in all material respects the Rate Base Amount of the Transmission Business as of the date thereof.

  • The Base Statement was prepared using the same accounting methods, policies, practices, procedures and adjustments as were used in the preparation of the Financial Statements and otherwise in accordance with GAAP (and with such exceptions to GAAP as indicated on Schedule 1.1(a)).

  • Any costs associated with the review of the Rate Base Statement shall be borne and paid by ITC.

  • The Final Balance Sheet and Final Rate Base Statement shall be prepared and adjusted pursuant to this Section 3.3 to avoid duplication of any items, and not to include any items, to the extent otherwise taken into account in the prorations under Section 3.5.


More Definitions of Base Statement

Base Statement. — means the statement as to the Working Capital of the Business as of September 30, 2005 set forth in S chedule 1.1(a).
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Base Statement means the statement as to the Working Capital of the Business as of September 30, 2005 set forth in Schedule 1.1(a). “Business”— means the business and operations conducted in Rhode Island by Seller and the Subsidiaries, including:
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Related to Base Statement

  • E-Statement means an electronic version of daily confirms, monthly, quarterly or annual statements, and shareholder tax statements created with investor transaction data housed on DST’s TA2000® mutual fund record keeping system, with images available online via a secure web site.

  • CMSA Operating Statement Analysis Report means a report substantially in the form of, and containing the information called for in, the downloadable form of the "Operating Statement Analysis Report" available as of the Closing Date on the CMSA Website or in such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CMSA for commercial mortgage-backed securities transactions generally.

  • CREFC® Operating Statement Analysis Report The monthly report in the “Operating Statement Analysis Report” format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Operating Statement shall have the meaning given to such term in Section 10.5.

  • Closing Date Statement has the meaning set forth in Section 2.06(b).