Draft Completion Balance Sheet definition

Draft Completion Balance Sheet has the meaning given in clause 8.2.
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Draft Completion Balance Sheet has the meaning given in Schedule 10, paragraph 1;
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Draft Completion Balance Sheet has the meaning given to it in section 1.1 of the schedule headed "Completion Balance Sheet" Part A.
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Examples of Draft Completion Balance Sheet in a sentence

  • Each Draft Completion Balance Sheet shall include a draft statement of Net Working Capital for the company to which such Completion Balance Sheet relates.

  • The Draft Completion Balance Sheet for SCCL shall specify the Purchaser’s calculation of the SCCL Intergroup Debt.

  • Within sixty (60) calendar days of delivery to the Purchaser of the Draft Completion Balance Sheet, the Purchaser and the Seller shall notify the other Party in writing of any item or items it wishes to dispute together with the reasons for such dispute and a list of proposed adjustments.

  • If such item or items is or are not agreed in writing between the Seller and the Purchaser within twenty-eight (28) calendar days of the delivery to the Purchaser of the Draft Completion Balance Sheet, the item or items in dispute shall be determined by Ernst & Young (the Accountants).

  • The Purchaser shall instruct a firm of independent accountants of international repute to review the 2005 Draft Completion Balance Sheet and then issue a certificate with the 2005 Draft Completion Balance Sheet and Draft Statement of Gross Profit confirming that the 2005 Draft Completion Balance Sheet and the Draft Statement of Gross Profit has been prepared substantially in accordance with the Accounting Principles.

  • If, by the expiry of such 60-day period, no such notice is received by either the Seller or either Party has notified the other Party that there are no items it wishes to dispute, the Draft Completion Balance Sheet shall constitute the Completion Balance Sheet for the purposes of this Agreement.

  • The Purchaser shall instruct a firm of independent accountants of international repute to review the draft Completion Balance Sheet and then issue a certificate with the Draft Completion Balance Sheet and Draft Statement of EBITDA confirming that the Draft Completion Balance Sheet and the Draft Statement of EBITDA has been prepared substantially in accordance with the Accounting Principles.

  • The Draft Completion Balance Sheet, adjusted to reflect the item or items as agreed between the Seller and the Purchaser in writing in accordance with paragraph 1.3 of Part A of this Schedule or as determined by the Accountants appointed under this schedule, shall constitute the Completion Balance Sheet for the purposes of this Agreement.


More Definitions of Draft Completion Balance Sheet

Draft Completion Balance Sheet has the meaning given in Paragraph 4.1(a) of Schedule 8 (Purchase price adjustments);
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Draft Completion Balance Sheet has the meaning given in Schedule 10, paragraph 1; “Encumbrances” means pledges, encumbrances, liens or any other third party rights; “Final Date” has the meaning given in Clause 7;
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Draft Completion Balance Sheet has the meaning given in Paragraph 4.1(a) of Schedule 8 (Purchase price adjustments); "Draft Post-Completion Balance Sheet" has the meaning given in Paragraph 5.1(a) of Schedule 8 (Purchase price adjustments); "Draft Post-Completion Notice" has the meaning given in Paragraph 5.2 of Schedule 8 (Purchase price adjustments); "Encumbrance" means any mortgage, charge, pledge, hypothecation, lien, option, restriction, right of first refusal, right of pre-emption, claim, right, interest or preference granted to any third party, assignment by way of security, title retention, counterclaim or any other security right or restriction and any agreement or commitment to give or create any of the foregoing; "Environment" includes whether alone or in combination: (a) ecological systems and living organisms (including humans);
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