Common use of Audited Financial Statements; Interim Financial Statements Clause in Contracts

Audited Financial Statements; Interim Financial Statements. If and when requested by Buyer, Sellers and Xxxxxx Communications will, within 60 days of Closing provided such request is made by November 1, 2007, cause to be delivered to Buyer an audit of the Publications’ financial statements for up to the three years ending December 31, 2006 and interim financial statements of Publications as required by financial reporting standards affecting Buyer or GateHouse Media. Buyer shall pay Sellers’ reasonably incurred and necessary incremental third party costs and expenses for such audit. It is understood that Sellers shall not be responsible for any delays to the extent caused by the outside auditors provided Sellers and Xxxxxx Communications use commercially reasonable efforts to promptly and fully cooperate with such auditors and timely comply with their requests.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (GateHouse Media, Inc.)

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Audited Financial Statements; Interim Financial Statements. If and when requested by Buyer, Sellers and Xxxxxx Mxxxxx Communications will, within 60 days of Closing provided such request is made by November 1, 2007, cause to be delivered to Buyer an audit of the Publications’ financial statements for up to the three years ending December 31, 2006 and interim financial statements of Publications as required by financial reporting standards affecting Buyer or GateHouse Media. Buyer shall pay Sellers’ reasonably incurred and necessary incremental third party costs and expenses for such audit. It is understood that Sellers shall not be responsible for any delays to the extent caused by the outside auditors provided Sellers and Xxxxxx Mxxxxx Communications use commercially reasonable efforts to promptly and fully cooperate with such auditors and timely comply with their requests.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Morris Publishing Finance Co), Asset Purchase Agreement (Morris Publishing Finance Co)

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Audited Financial Statements; Interim Financial Statements. If and when requested by Buyer, Sellers and Xxxxxx Communications will, within 60 days of Closing provided such request is made by November 1, 20072017, cause to be delivered to Buyer an audit of the Publications’ financial statements for up to the three years ending December 31, 2006 2016 and interim financial statements of Publications as required by financial reporting standards affecting Buyer or GateHouse Media. Buyer shall pay Sellers’ reasonably incurred and necessary incremental third party costs and expenses for such audit. It is understood that Sellers shall not be responsible for any delays to the extent caused by the outside auditors provided Sellers and Xxxxxx Communications use commercially reasonable efforts to promptly and fully cooperate with such auditors and timely comply with their requests.

Appears in 1 contract

Samples: Asset Purchase Agreement (New Media Investment Group Inc.)

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