Common use of Audit; Post-Closing Balance Sheet Clause in Contracts

Audit; Post-Closing Balance Sheet. If ASTIHL has not provided to August on or prior to the Closing Date all of the financial statements required by Section 5.13, ASTIHL shall take all actions necessary or appropriate, including paying any and all fees for the accounting firm engaged by STI, to permit the delivery of such financial statements in the form required by Section 5.13 as soon as possible following closing and in no event later than April 30, 2003. Within 15 days of Closing, ASTI shall update Schedule 3.10 to include an unaudited balance sheet, prepared using the same principles and management judgments as STI’s audited financial statements, as of the Closing Date (the “Closing Balance Sheet”).

Audit; Post-Closing Balance Sheet. If ASTIHL has not provided to August on or prior to Following the Closing Date all of the financial statements required by Section 5.13Closing, ASTIHL shall take all actions necessary or appropriate, including paying any and all fees for the accounting firm engaged by STI, to permit cause the delivery audit of STI's financial statements as of December 31, 2001 and December 31, 2002 and for the year then ended to be completed and an audit report on such financial statements in the form required issued by Section 5.13 as soon as possible following closing and in no event later than April 30a nationally recognized independent accounting firm before February 20, 2003. Within 15 days of Closing, ASTI shall update Schedule 3.10 to include an unaudited balance sheet, prepared using the same principles and management judgments as STI’s 's audited financial statements, as of the Closing Date (the “"Closing Balance Sheet”").. ARTICLE 9