Closing Balance Sheet

Closing Balance Sheet. Means the balance sheet of TEC dated as of the Closing Date immediately before the Closing of the transactions contemplated herein and prepared in accordance with GAAP on an accrual basis.

Closing Balance Sheet. Shall mean a balance sheet of Seller as of the Acquisition Date prepared in accordance with GAAP (other than normal year-end adjustments) delivered by Seller to Purchaser.

Closing Balance Sheet. Is the balance sheet of LaTIS which is included in the Closing Financial Statements.

Closing Balance Sheet. Means the balance sheet of Company, prepared on the basis described in the Financial Statements, as of the Closing Date.

Closing Balance Sheet. As defined in Section 4.1. For the avoidance of doubt, such Closing Balance Sheet shall reflect any transactions permitted in Section 7.2.1 taken following the date hereof to the Share Purchase Closing Date or the Merger Closing Date, as applicable, and shall exclude Shareholder Retained Environmental Liabilities and all events occurring after the Share Purchase Closing Date or the Merger Closing Date, as applicable.

Closing Balance Sheet. Has the meaning set forth in ss.2(e).

Closing Balance Sheet. The consolidated balance sheet of THL as of 11:59 P.M. London time on the day preceding the Closing Date, which balance sheet shall be prepared by THL and approved by Buyer and the Shareholders. The Closing Balance Sheet shall be stated in Pounds Sterling and, except as otherwise provided in Section 2.3(b), be prepared in accordance with U.K. GAAP, applied on a basis consistent with the accounting policies and principles used in the preparation of the 2004 Balance Sheet.

Closing Balance Sheet. The meaning set forth in §2(c) below