Common use of Acceptance; Failure to Respond Clause in Contracts

Acceptance; Failure to Respond. If the Seller does not disagree with the Purchaser’s Closing Statement, the Seller shall deliver a written statement to the Purchaser within such sixty (60) day period accepting the Closing Statement (an “Acceptance Notice”), in which case the Purchaser’s determination of the Net Working Capital as of the Closing Date as shown on the Closing Statement shall be final and binding on the parties, effective as of the date on which the Purchaser receives the Acceptance Notice. If the Seller does not deliver a Dispute Notice or an Acceptance Notice within such sixty (60) day period, then the Purchaser’s determination of the Net Working Capital as of the Closing Date as shown on the Closing Statement shall be final and binding on the parties, effective as of the first Business Day after the expiration of such sixty (60) day review period.

Appears in 1 contract

Samples: Stock Purchase Agreement (Apollo Medical Holdings, Inc.)

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Acceptance; Failure to Respond. If the Seller does Sellers do not disagree with the Purchaser’s Closing Statement, the Seller Sellers shall deliver a written statement to the Purchaser within such sixty thirty (6030) day period accepting the Closing Statement (an “Acceptance Notice”), in which case the Purchaser’s determination of the Net Working Capital as of the Closing Date as shown on the Closing Statement shall be final and binding on the parties, effective as of the date on which the Purchaser receives the Acceptance Notice. If the Seller does Sellers do not deliver a Dispute Notice or an Acceptance Notice within such sixty thirty (6030) day period, then the Purchaser’s determination of the Net Working Capital as of the Closing Date as shown on the Closing Statement shall be final and binding on the parties, effective as of the first Business Day after the expiration of such sixty thirty (6030) day review period.

Appears in 1 contract

Samples: Stock Purchase Agreement (Apollo Medical Holdings, Inc.)

Acceptance; Failure to Respond. If the Seller does not disagree with the Purchaser’s Closing Statement, the Seller shall deliver a written statement to the Purchaser within such sixty thirty (6030) day period accepting the Closing Statement (an “Acceptance Notice”), in which case the Purchaser’s determination of the Net Working Capital as of the Closing Date as shown on the Closing Statement shall be final and binding on the partiesParties, effective as of the date on which the Purchaser receives the Acceptance Notice. If the Seller does not deliver a Dispute Notice or an Acceptance Notice within such sixty thirty (6030) day period, then the Purchaser’s determination of the Net Working Capital as of the Closing Date as shown on the Closing Statement shall be final and binding on the partiesParties, effective as of the first Business Day after the expiration of such sixty thirty (6030) day review period.

Appears in 1 contract

Samples: Stock Purchase Agreement (Apollo Medical Holdings, Inc.)

Acceptance; Failure to Respond. If the Seller does not disagree with the Purchaser’s Closing 's Statement, the Seller shall deliver a written statement to the Purchaser within such sixty (60) day period accepting the Closing Purchaser's Statement (an "Acceptance Notice"), in which case the Purchaser’s 's determination of the Adjusted Net Working Capital as of the Closing Date as shown on the Closing Purchaser's Statement shall be final and binding on the parties, effective as of the date on which the Purchaser receives the Acceptance Notice. If the Seller does not deliver a Dispute Notice or an Acceptance Notice within such sixty (60) day period, then the Purchaser’s 's determination of the Adjusted Net Working Capital as of the Closing Date as shown on the Closing Purchaser's Statement shall be final and binding on the parties, effective as of the first Business Day business day after the expiration of such sixty (60) day review period.

Appears in 1 contract

Samples: Extension Agreement (Warp Technology Holdings Inc)

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Acceptance; Failure to Respond. If the Seller does Sellers do not disagree with the Purchaser’s Closing Statement, the Seller Sellers shall deliver a written statement to the Purchaser within such sixty (60) day period accepting the Closing Statement (an “Acceptance Notice”), in which case the Purchaser’s determination of the Net Working Capital as of the Closing Date as shown on the Closing Statement shall be final and binding on the parties, effective as of the date on which the Purchaser receives the Acceptance Notice. If the Seller does Sellers do not deliver a Dispute Notice or an Acceptance Notice within such sixty (60) day period, then the Purchaser’s determination of the Net Working Capital as of the Closing Date as shown on the Closing Statement shall be final and binding on the parties, effective as of the first Business Day after the expiration of such sixty (60) day review period.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Apollo Medical Holdings, Inc.)

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